Black Community Collective
EIN: 874300730 · Reno, NV · NTEE: R02
Is Black Community Collective Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Black Community Collective
Black Community Collective (EIN: 874300730) is a nonprofit organization based in Reno, NV, classified under NTEE code R02. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Black Community Collective's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Black Community Collective is a micro nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $47K |
| Surplus / Deficit | +$8K |
| Total Assets | $10K |
| Total Liabilities | $4K |
| Net Assets | $6K |
| Operating Margin | 14.6% |
| Debt-to-Asset Ratio | 41.2% |
| Months of Reserves | 2.7 months |
Financial Health Grade: A
In 2023, Black Community Collective reported a surplus of $8K with revenue exceeding expenses, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 41.2% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Black Community Collective's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.0% | -19.9% | -9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Black Community Collective has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Black Community Collective with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.2%.
Frequently Asked Questions about Black Community Collective
Is Black Community Collective a legitimate charity?
Based on AI analysis of IRS 990 filings, Black Community Collective (EIN: 874300730) insufficient data. 0 red flags identified, 0 strengths noted.
How does Black Community Collective spend its money?
Detailed spending breakdown data is not yet available for Black Community Collective. Check back for updated IRS 990 analysis.
Are donations to Black Community Collective tax-deductible?
Black Community Collective is registered as a tax-exempt nonprofit (EIN: 874300730). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Black Community Collective showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Black Community Collective's revenue has declined by 3%, moving from $57K to $55K. Total assets decreased by 9.6% over the same period, from $12K to $10K. Total functional expenses fell by 19.9%, from $59K to $47K. In its most recent filing year (2023), Black Community Collective reported a surplus of $8K, with revenue exceeding expenses. The organization holds $4K in liabilities against $10K in assets (debt-to-asset ratio: 41.2%), resulting in net assets of $6K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $47K | $10K | $4K | — | — |
| 2022 | $57K | $59K | $12K | $13K | — | — |
Data Sources and Methodology
This transparency report for Black Community Collective is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.