BLACK BUSINESS ASSOCIATION OF LA (EIN 953166199) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

SARAH HARRIS

Phone

3232919334

Tax Period

2024-01-01 to 2024-12-31

BLACK BUSINESS ASSOCIATION OF LA, founded in 1970, is a small nonprofit in the Community Improvement sector that reported $193K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

THE BLACK BUSINESS ASSOCIATION ADVOCATES FOR AND PROMOTES THE DEVELOPMENT OF AFRICAN-AMERICAN OWNED BUSINESSES WITH THE GOAL OF CREATING A FIRM ECONOMIC BASE THAT SUPPORTS SELF-DETERMINATION AND SURVIVAL OF THE AFRICAN-AMERICAN

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $62,834

Program Service Revenue $129,780

Investment Income $0

Other Revenue $0

TOTAL REVENUE $192,614

Expense Breakdown

Grants Paid $0

Salaries & Benefits $49,364

Fundraising Expenses $63,966

Program Expenses $142,924

Other Expenses $145,881

TOTAL EXPENSES $197,670

Year-over-Year Comparison

	2024	2023	Change
Revenue	$192,614	$210,410	-0.1%
Expenses	$197,670	$216,743	-0.1%
Net Income	$-5,056	$-6,333	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$48,715

Total Directors

$48,715

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EARL COOPER	CHAIRMAN	5	Officer Director	$0	$0	$0
SARAH HARRIS	PRESIDENT	70	Officer Director Highest	$48,715	$0	$48,715
DENISE PEOPLES	SECRETARY	5	Officer Director	$0	$0	$0
ZEKE PATTEN	PARLIAMENTARIAN	5	Officer Director	$0	$0	$0
KIM ANTHONY-MORROW	VICE CHAIR	5	Officer Director	$0	$0	$0
BRETT BYERS	TREASURER	5	Officer Director	$0	$0	$0
NATHAN FREEMAN	DIRECTOR	5	Director	$0	$0	$0
RONDA JACKSON	DIRECTOR	5	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$192,614	$197,670	$29,901	$-5,056
2023	$210,410	$216,743	$35,954	$-6,333
2022	$202,369	$173,406	$58,452	$28,963

BLACK BUSINESS ASSOCIATION OF LA