BLACK MEN COALITION FOUNDATION
Mission Statement
The mission of the Black Men Coalition Foundation is to create a safe, inclusive environment for underrepresented and vulnerable populations in Dane County. Through community involvement, mentorship, education, and employment skills, we aim to foster a sense of belonging crucial for social and emotional development. Our primary focus is on generating positive outcomes for the most vulnerable, opening doors for underrepresented groups, and ensuring they have diverse opportunities and positive representation within the community. Our dedicated members and volunteers provide essential resources to drive positive change. Our goal is to influence and enhance the lives of those we serve by offering transformative experiences. Our motto is, "Changing Lives through Life-Changing Experiences."
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
57.4% | 84.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
32.2% | 12.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
527.2% | 19.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.9 mo | 8.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
67.3% | 4.1% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.7% | 95.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
284.1% | 10.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
759.2% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
37.7% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $933K | $581K | $527K | 57.4% | 4 |
| 2022 | $243K | $68K | $175K | 89.7% | 0 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.