Black Healing Fund
Nonprofit profile at a glance
- EIN
- 851458418
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Snohomish, WA, USA
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Improvement, Capacity Building N.E.C.
Reported finances
- Revenue
- $198,507
- Expenses
- $161,310
- Assets
- $146,711
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Gloria Ngezaho (President)
People named in this filing
- Gloria Ngezaho (President)
- Sandrine Karangwa (Operations Manager)
- Vanessa Lumpungu (Board)
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
The mission of the Black Healing Fund is to assist in the fight against the mental health and economic impact of anti-blackness-racism-on Black and Brown communities and to both create and directly support programs as well as individuals prioritizing the continued healing of Black and Brown communities specifically prioritizing Black communities in Snohomish County. Our work is centered on four key pillars: 1. Awareness and Advocacy; 2. Education and Empowerment; 3. Decolonizing Access; 4. Stronger Partnerships. Our major programs are: 1 Chakula Ni Lazma Food is a human right--provide emergency food; Youth Academic and Mentorship afterschool; Mental Health Outreach; Community Engagement; and Housing and Utilities Services Akazu. We also have two additional projects: Agapira An annual winter jackets drive through which we provide winter coats to our community members and our Annual Back To School Drive through which we provide back to school supplies to our community.
What it reported doing in 2024
We continued to provide rental and utilities assistance as well as food support though our Akazu Housing and Chakula Ni Lazma Food is a human right programs. We served a total of over 400 community members in 2024. Through our Akazu Program we met 85% percent of requests that were emergencies in nature meaning there were 30 days evictions and shutoff notices. We were able to prevent every single one of these notices from going into effect thus allowing our families in need time and space to think and plan on how to continue meeting their basic needs. We also provided 45 cans of emergency baby formula
Operating model
- Revenue model
- Donor-supported. 99% 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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 100
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41%; rating input score 41
- Program expense ratio: 49.7%; rating input score 50
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 18.7%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 12.3%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 38.3% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 42.8% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 28.3% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 41% of revenue deployed · 49.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $80K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 41/100.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Officer compensation ratio scored 20/100.