Black Excellence
Nonprofit profile at a glance
- EIN
- 853546172
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2021
- Location
- Kansas City, MO, USA
- Phone
- 9137492568
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Economic Development
Reported finances
- Revenue
- $192,697
- Expenses
- $224,855
- Assets
- $6,437
- Liabilities
- $16,913
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Eze Redwood (President)
People named in this filing
- Craig Moore II (Founder)
- Eze Redwood (President)
- DePrice Taylor (Secretary)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Black Excellence aims to catalyze economic mobility for Black professionals by delivering innovative, purpose-driven programs that expand access to high-impact opportunities, strategic networks, and wealth-building tools, resulting in measurable income growth and leadership development. We are developing a scalable model to close the racial wealth gap and drive sustainable economic advancement within Black communities nationwide.
What it reported doing in 2024
Black Excellence Inc. launched the Ascend Leadership Development Program to advance economic mobility and leadership among Black and Brown professionals. Ascend is a 10-session cohort experience focused on racial healing, financial growth, and professional advancement, designed to help participants increase their income by 30% over three years. In 2024-2025 Black Excellenc, Inc. launched one full Ascend cohort, serving 30 professionals, partnered with Evergy, the Urban League, and G.I.F.T. to recruit participants and co-host sessions, facilitated workshops on identity, leadership development, income planning, and business modeling, provided each participant with a professional headshot and support in completing a business or career model canvas, onboarded participants onto our Proximity platform, giving them continued access to job opportunities, volunteer engagement, and peer networking and achieved over 85% session attendance and curriculum completion.
Operating model
- Revenue model
- Donor-supported. 69% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 91
- Sustainability: 8
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.3%; rating input score 89
- Program expense ratio: 76.5%; rating input score 77
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 1st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -16.7%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 2.63; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 17%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 40.5% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: -65.2% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 89.3% of revenue deployed · 76.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $172K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 17/100.