Building African American Minds Inc
Easton, Maryland
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,151,906↓7% | $1,213,864↑46% | $8,802,344↑12% | — |
| 2022 | $2,309,032↓27% | $833,525↑29% | $7,864,302↑22% | — |
| 2021 | $3,143,448↑29% | $647,675↑13% | $6,466,895↑66% | — |
| 2020 | $2,440,684↑130% | $574,446↑73% | $3,891,736↑92% | — |
| 2019 | $1,059,571↓11% | $332,515↑36% | $2,025,498↑56% | — |
| 2018 | $1,189,737↑252% | $244,222↑16% | $1,298,442↑200% | — |
| 2017 | $338,035↑75% | $210,454↑26% | $432,927↑92% | — |
| 2016 | $193,681↑15% | $166,873↑12% | $225,347↑14% | — |
| 2015 | $168,547↓10% | $149,019↑26% | $198,539↑11% | — |
| 2014 | $187,866↑32% | $118,524↑3% | $179,011↑63% | — |
| 2013 | $142,281↑2% | $114,655↓1% | $109,669↑34% | — |
| 2012 | $140,086 | $115,496 | $82,043 | — |
Frequently Asked Questions
What does Building African American Minds Inc do?▼
Building African American Minds Inc is a education nonprofit organization based in Maryland. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Building African American Minds Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Building African American Minds Inc has a score of 66/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Building African American Minds Inc generate?▼
Building African American Minds Inc reports $4.5M in annual revenue and holds $11.9M in total assets, based on IRS filings.