nonprofit · EIN 47-2134965 · FL
How much does Center for Black Innovation Inc raise and spend?
Center for Black Innovation Inc (FL, EIN 47-2134965) reported $564.8k in revenue and $880.3k in expenses for tax year 2024, with $712.3k in net assets (9.7 months of reserves). By expenses that ranks 87,361 of 391,588 e-filers, 1,585 of 8,673 in NTEE O: Youth Development, 4,108 of 19,124 nonprofits in florida.
What stands out
Center for Black Innovation Inc (FL, EIN 47-2134965) reported $564.8k in revenue and $880.3k in expenses for tax year 2024, with $712.3k in net assets (9.7 months of reserves). By expenses that ranks 87,361 of 391,588 e-filers, 1,585 of 8,673 in NTEE O: Youth Development, 4,108 of 19,124 nonprofits in florida. Against NTEE O: Youth Development: months of reserves 9.7 months, above the peer median of 8.7 months; officer compensation share of expenses 31.8%, above the peer median of 8.3%; contributions share of revenue 85.9%, above the peer median of 81.5%; surplus margin -55.9%, below the peer median of 4.1%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $564.8k | $172.8k | $272.7k | $198.5k |
| Total expenses | $880.3k | $157.0k | $255.9k | $179.6k |
| Total assets | $887.7k | $385.5k | $454.7k | $761.5k |
| Net assets | $712.3k | $367.6k | $359.9k | $615.1k |
| Officer compensation (total per organisation) | $280.0k | $103.3k | $70.8k | $114.3k |
| Program service revenue share | 11.7% | 5.7% | 13.8% | 13.4% |
| Contributions share of revenue | 85.9% | 81.5% | 55.6% | 55.6% |
| Officer compensation share of expenses | 31.8% | 8.3% | 12.0% | 6.6% |
| Months of reserves | 9.7 months | 8.7 months | 10.7 months | 12.4 months |
| Surplus margin | -55.9% | 4.1% | 2.7% | 4.3% |
Year by year
9 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $564.8k | $880.3k | $712.3k | 9.7 months | $280.0k | 87,361 |
| 2023 | $1.0M | $1.1M | $1.0M | 11.3 months | $251.5k | 108,485 |
| 2022 | $1.4M | $1.2M | $1.1M | 11.2 months | $180.0k | 92,604 |
| 2021 | $1.3M | $867.2k | $980.4k | 13.6 months | $224.2k | 78,249 |
| 2020 | $860.1k | $879.9k | $259.6k | 3.5 months | $270.0k | 100,475 |
| 2019 | $963.2k | $1.0M | $272.0k | 3.2 months | $270.0k | 89,055 |
| 2018 | $863.9k | $905.0k | $327.9k | 4.3 months | $271.5k | 79,746 |
| 2017 | $1.1M | $736.8k | $369.0k | 6.0 months | $207.7k | 1,062 |
| 2016 | $417.0k | $431.3k | $-7.0k | -0.2 months | $93.8k | 142 |
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