Black Midwifery Collective NFP

EIN: 990394329 501(c)(3) Human Services

Chicago, IL

Total Revenue
$624,550
Total Expenses
$262,265
Total Assets
$368,604
Net Assets
$362,285
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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
2023
Legal Domicile
IL
Principal Officer
Starnisha August
Phone
7736202193
Tax Period
2024-01-01 to 2024-12-31

Black Midwifery Collective NFP, founded in 2023, is a small nonprofit in the Human Services sector that reported $625K in total revenue in fiscal year 2024. The organization ran a surplus of $362K, a strong 58% operating margin.

Mission

To increase the availabiity of certified African-American midwives and to reduce maternal and infant mortality in IL with increased availability of midwifery services

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $624,550
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $624,550

Expense Breakdown

Grants Paid $0
Salaries & Benefits $119,015
Fundraising Expenses $0
Program Expenses $255,762
Other Expenses $143,250
TOTAL EXPENSES $262,265

Year-over-Year Comparison

2024 2023 Change
Revenue $624,550 N/A N/A
Expenses $262,265 N/A N/A
Net Income $362,285 N/A N/A
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

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Governance

Voting Members
4
Independent Members
N/A
Employees
1
Volunteers
N/A

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
4
$110,557
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Starnisha August President 40.00
Officer
$110,557 $0 $110,557
Chante Hawkins until 93024 Treasurer 2.00
Officer Director
$0 $0 $0
Bridgett Scarborough-until425 Secretary 2.00
Officer Director
$0 $0 $0
Andrea M Hill since 1024 Treasurer 2.00
Officer 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
2024 $624,550 $262,265 $368,604 $362,285
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