Black Leaders Acquiring Collective Knowledge (Black) Incorporated

Nonprofit profile at a glance

EIN
814639213
IRS 990 coverage
2021–2024
Forms available
Form 990 2024
Location
La Crosse, WI, USA
Phone
6088608363
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Reported finances

Revenue
$730,049
Expenses
$858,626
Assets
$810,184
Liabilities
$343,160

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • QUARTEL ROBERSON (PRESIDENT)

People named in this filing

  • ANDREW BAKKUM (COMMUNITY)
  • TRAVIS BORDEAUX (COMMUNITY)
  • CAROLYN COLLEEN (COMMUNITY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Community engagement our goal is to enhance and develop the black community by engaging in local government, education, and community initiatives. Financial literacy our community must understand the importance of the "black dollar." we aim to teach others how to be financially responsible and the benefits associated with home ownership, investments, etc. Youth engagement our youth need to feel empowered to be apart of the community. We assist with the cultivation of our future leaders, scholars, doctors, entrepreneurs, etc. Family family is the foundation of the community.we encourage families to learn, grow, and heal to help foster a better family dynamic in order to help build a better community. Spirituality it is important to acknowledge that black people are spiritually rooted and we are spiritual beings. We have to grow in our understanding and acceptance of our connection to the world in a spiritual way. Health & wellness we must acknowledge the three components of wellness: mi

What it reported doing in 2024

Summer experience takes local students from a diverse background on a trip to visit historical sites, including those relevant to their ancestors experience in america

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.3%; rating input score 92
  • Program expense ratio: 78.5%; rating input score 78
  • Fundraising efficiency: $35.75 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -17.6%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.94; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0.42; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 55% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 26.1% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 38.3% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 92.3% of revenue deployed · 78.5% of spending went to programs
  • Governance: 12 of 12 board members independent · 2 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $674K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Operating margin scored 11/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.