Black Cooperative Impact Fund
Nonprofit profile at a glance
- EIN
- 814320957
- IRS 990-EZ coverage
- 2016–2025
- Forms available
- Form 990 2023, Form 990-EZ 2025
- Location
- Los Angeles, CA, USA
- Phone
- 3109046336
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Employment Procurement Assistance
Reported finances
- Revenue
- $187,657
- Expenses
- $271,327
- Assets
- $407,721
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- ROBERT LEWIS (President)
- ELIZABETH LIBBY WILLIAMS (Vice President)
People named in this filing
- JAMES ARNOLD (Chairman)
- TIM DODD (Director)
- DAMON HALEY (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Based on cooperative economics, BCIF is a community-based organization that provides microloans to the Black community through pooled dollars and raises awareness about the importance of economic empowerment, equity and wealth building, with a focus on SoCal communities.
What it reported doing in 2025
Promoted the importance of economic empowerment in addressing the racial wealth gap through activities such as hosting a virtual salon, participating on several panels for convening, and raising funds to build the pool of funds to deploy as microloans to Southern California based Black owned businesses.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 25
- Transparency & Controls: 92
- Sustainability: 23
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 40%; rating input score 40
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -44.6%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 1.5; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 28.6%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 25% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 16.3% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 23.8% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 40% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2016 to 2025
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Officer compensation ratio scored 13/100.