Black Votes Matter Institute of Community Engagement
Nonprofit profile at a glance
- EIN
- 823003061
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-N 2021
- Location
- Omaha, NE, USA
- Phone
- 4025721486
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Voter Education, Registration
Reported finances
- Revenue
- $713,864
- Expenses
- $223,385
- Assets
- $581,443
- Liabilities
- $40,000
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Preston Love Jr (Executive Director)
People named in this filing
- Preston Love Jr (Executive Director)
- T Michael Williams (Director)
- Veta Jeffery (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
4Urban.orgs mission is to inform educate and act across youth development economic development community engagement and get out the vote activities to raise the quality of life for all with an emphasis in the economically disadvantaged diverse and multi-ethnic populations.
What it reported doing in 2024
BVM Youth Tour
Operating model
- Revenue model
- Grant-funded. 90% of the money available for current operations came from government grants.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. 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: 8
- Transparency & Controls: 66
- Accountability: 88
- Sustainability: 82
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 4.7%; rating input score 5
- Program expense ratio: 15.1%; rating input score 15
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 72.7%; rating input score 73; 0th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: 68.7%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 2.6; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: -147.4% per year; rating input score 0; 0th percentile among comparable filings
- Revenue growth: 79.6% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 188.3% per year; rating input score 100; 100th percentile among comparable filings
Details
- Where the money goes: 4.7% of revenue deployed · 15.1% of spending went to programs
- Governance: 6 of 6 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $34K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 31 of 41 current checks pass · 10 findings to review
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Financial Efficiency: Mission deployment rate scored 5/100.
- High — Financial Efficiency: Program expense ratio scored 15/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Advertising column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX FeesForServicesLegal column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX FeesForServicesManagement column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX InformationTechnology column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Insurance column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Occupancy column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX OfficeExpenses column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Travel column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.