Black Lives Matter Global Network Foundation Inc

Nonprofit profile at a glance

EIN
824862489
IRS 990 coverage
2020–2023
Forms available
Form 990 2023
Location
Oakland, CA, USA
Phone
5105091603
Rating
64
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Civil Rights

Official website

Reported finances

Revenue
$6,820,373
Expenses
$9,115,702
Assets
$28,426,461
Liabilities
$4,887,861

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Highest reported compensation

  • PAUL CULLORS (HEAD OF SECURITY): $226,785 total reported compensation
  • D'ZHANE PARKER (BOARD MEMBER & SENIOR DIRECTOR): $108,175 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Black lives matter global network foundation ("blmgnf") is working inside and outside of the system to heal the past, re-imagine the present, and invest in the future of black lives through policy change, investment in our communities, and a commitment to arts and culture.black lives matter global network foundation imagines a world where black people across the diaspora thrive, experience joy, and are not defined by their struggles. By achieving liberation, we envision a future that is fully divested from police, prisons, and all punishment paradigms to be replaced with investment into justice, joy, and culture.

What it reported doing in 2023

Arts program - we are concentrating on the nexus of art and activism in pursuit of black liberation and the preservation and protection of black creativity. We support emerging and established individual black artists and organizations who are in solidarity with marginalized communities. In addition to uplifting the voices of the black arts community, this program serves as a connection point to provide art exposure and education for communities that are often left out, particularly for youth. Through this program, we have purchased a property that has a production studio and office/communal spaces that serves as our artistic headquarters and allows us to effectively meet our programmatic objectives, including: creating cutting edge content about abolition and our well-being, convene established and emerging leaders in the global arts community; run art activations, create and curate artistic performances (film, television, theater, etc.); and run an ambassador and fellowship program to reach new audiences.

Operating model

Revenue model
Donor-supported. 68% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 51% for direct work, and 49% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 69
  • Accountability: 55
  • Sustainability: 37
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 57%; rating input score 57
  • Fundraising efficiency: $6.53 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.9%; rating input score 100; 42nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: No; rating input score 0

Accountability

  • Independent voting board: 33.3%; rating input score 33; 7th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Limited
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -33.7%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 3.12; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 3.7%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -65.8% per year; rating input score 0; 0th percentile among comparable filings
  • Revenue growth: -89.2% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -15% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 57% of spending went to programs
  • Governance: 1 of 3 board members independent · 6 of 8 filing controls reported
  • Programs: 6 filed program accomplishments · $5.2M in reported program spending
  • Leadership: top reported pay $227K · 4 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4.7M reported
  • Consistency: 37 of 38 current checks pass · 1 finding to review
  • Schedules: 10 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 4 filing years from 2020 to 2023
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 6 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Independent voting board scored 33/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Financial Efficiency: Program expense ratio scored 57/100.
  • High — Financial Efficiency: Fundraising efficiency scored 24/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.