Black Wealth Summit Inc
Lanham, Maryland
FHealth Score
17F
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Insufficient Data
💰
$479K
Total Revenue
📊
$631K
Total Expenses
🏦
-$161K
Net Assets
📋
$180K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-40.3%
Year-over-year change (2022 → 2023)
Net Margin
-31.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.26
Net assets divided by total expenses
Liabilities-to-Assets
949.7%
Total liabilities as % of total assets
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $478,861↓40% | $631,427↓36% | $18,953↓83% | |
| 2022 | $802,454↑50% | $979,749↑136% | $114,520↓3% | — |
| 2021 | $533,255 | $415,685 | $118,555 | — |
Frequently Asked Questions
What does Black Wealth Summit Inc do?▼
Black Wealth Summit Inc is a human services nonprofit organization based in Maryland. It is classified under NTEE code P51 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Black Wealth Summit Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Black Wealth Summit Inc.
How much revenue does Black Wealth Summit Inc generate?▼
Black Wealth Summit Inc reports $222K in annual revenue and holds $124K in total assets, based on IRS filings.
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