Young Black Leadership Alliance
EIN: 262984776 · Charlotte, NC · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.9M |
| Net Assets | $1.1M |
Is Young Black Leadership Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Young Black Leadership Alliance
Young Black Leadership Alliance (EIN: 262984776) is a nonprofit organization based in Charlotte, NC, classified under NTEE code O50. The organization reported total revenue of $1.9M and total assets of $952K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Black Leadership Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Black Leadership Alliance is a mid-size nonprofit that has been operating for 17 years, with 15 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 33.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-384,428 |
| Total Assets | $1.1M |
| Total Liabilities | $82K |
| Net Assets | $1.1M |
| Operating Margin | -25.3% |
| Debt-to-Asset Ratio | 7.1% |
| Months of Reserves | 7.2 months |
Financial Health Grade: B
In 2023, Young Black Leadership Alliance reported a deficit of $384K with expenses exceeding revenue, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 7.1% (very low leverage).
Financial Trends
Over 15 years of filings (2010–2023), Young Black Leadership Alliance's revenue has grown at a compound annual growth rate (CAGR) of 33.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.9% | +52.3% | -24.8% |
| 2022 | +28.7% | +35.2% | +44.6% |
| 2021 | +19.9% | -10.2% | +130.5% |
| 2020 | +3.1% | +3.6% | +54.3% |
| 2019 | +114.4% | +136.6% | +19.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Young Black Leadership Alliance 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 Young Black Leadership Alliance 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 deficit of $384K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.1%.
Frequently Asked Questions about Young Black Leadership Alliance
Is Young Black Leadership Alliance a legitimate charity?
Young Black Leadership Alliance (EIN: 262984776) is a registered tax-exempt nonprofit based in North Carolina. It has 15 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: B.
How does Young Black Leadership Alliance spend its money?
Young Black Leadership Alliance reported $1.9M in total revenue in IRS 990 filings. 15 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Young Black Leadership Alliance tax-deductible?
Young Black Leadership Alliance is registered as a tax-exempt nonprofit (EIN: 262984776). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Young Black Leadership Alliance located?
Young Black Leadership Alliance is headquartered in Charlotte, North Carolina and files with the IRS under EIN 262984776. It is classified under NTEE code O50.
How many years of IRS 990 filings does Young Black Leadership Alliance have?
Young Black Leadership Alliance has 15 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.9M in total revenue.
Filing History
IRS 990 filing history for Young Black Leadership Alliance showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2010–2023), Young Black Leadership Alliance's revenue has grown by 4035.7%, moving from $37K to $1.5M. Total assets increased by 8935.6% over the same period, from $13K to $1.1M. Total functional expenses rose by 6750.9%, from $28K to $1.9M. In its most recent filing year (2023), Young Black Leadership Alliance reported a deficit of $384K, with expenses exceeding revenue. The organization holds $82K in liabilities against $1.1M in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.9M | $1.1M | $82K | — | — |
| 2022 | $1.7M | $1.3M | $1.5M | $75K | — | View 990 |
| 2021 | $1.3M | $926K | $1.1M | $24K | — | View 990 |
| 2020 | $1.1M | $1.0M | $457K | $100K | — | View 990 |
| 2019 | $1.1M | $995K | $296K | $4K | — | View 990 |
| 2018 | $490K | $421K | $248K | $12K | — | — |
| 2018 | $490K | $421K | $248K | $12K | — | View 990 |
| 2017 | $751K | $633K | $200K | $5K | — | View 990 |
| 2016 | $231K | $169K | $76K | $0 | — | View 990 |
| 2015 | $96K | $107K | $14K | $0 | — | View 990 |
| 2014 | $73K | $91K | $25K | $0 | — | View 990 |
| 2013 | $92K | $74K | $42K | $0 | — | View 990 |
| 2012 | $65K | $49K | $25K | $0 | — | View 990 |
| 2011 | $54K | $59K | $8K | $0 | — | View 990 |
| 2010 | $37K | $28K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.9M, and assets of $1.1M (revenue -8.9% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.3M, and assets of $1.5M (revenue +28.7% year-over-year).
- 2021: Revenue of $1.3M, expenses of $926K, and assets of $1.1M (revenue +19.9% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.0M, and assets of $457K (revenue +3.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $995K, and assets of $296K (revenue +114.4% year-over-year).
- 2018: Revenue of $490K, expenses of $421K, and assets of $248K (revenue +0.0% year-over-year).
- 2018: Revenue of $490K, expenses of $421K, and assets of $248K (revenue -34.7% year-over-year).
- 2017: Revenue of $751K, expenses of $633K, and assets of $200K (revenue +224.6% year-over-year).
- 2016: Revenue of $231K, expenses of $169K, and assets of $76K (revenue +140.8% year-over-year).
- 2015: Revenue of $96K, expenses of $107K, and assets of $14K (revenue +31.4% year-over-year).
- 2014: Revenue of $73K, expenses of $91K, and assets of $25K (revenue -20.3% year-over-year).
- 2013: Revenue of $92K, expenses of $74K, and assets of $42K (revenue +41.2% year-over-year).
- 2012: Revenue of $65K, expenses of $49K, and assets of $25K (revenue +20.7% year-over-year).
- 2011: Revenue of $54K, expenses of $59K, and assets of $8K (revenue +46.3% year-over-year).
- 2010: Revenue of $37K, expenses of $28K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Young Black Leadership Alliance:
Data Sources and Methodology
This transparency report for Young Black Leadership Alliance 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.