FRESNO METRO BLACK CHAMBER FOUNDATION

EIN: 272369570 501(c)(3) Community Improvement

Fresno, CA

Total Revenue
$4,312,350
Total Expenses
$4,367,421
Total Assets
$1,917,655
Net Assets
$1,917,655
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
Tax Period
2023-07-01 to 2024-06-30

FRESNO METRO BLACK CHAMBER FOUNDATION, founded in 2014, is a community nonprofit in the Community Improvement sector that reported $4.3M in total revenue in fiscal year 2023.

Mission

EDUCATION & HELP FOR SMALL BUSINESSES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,312,350
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,312,350

Expense Breakdown

Grants Paid $3,978,844
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,156,157
Other Expenses $388,577
TOTAL EXPENSES $4,367,421

Year-over-Year Comparison

2023 2022 Change
Revenue $4,312,350 N/A N/A
Expenses $4,367,421 N/A N/A
Net Income $-55,071 N/A N/A
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES W LANE Jr TREASURER 24.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $4,312,350 $4,367,421 $1,917,655 $-55,071
2023 $2,253,518 $2,931,035 $1,603,668 $-677,517
2022 $3,577,548 $2,765,482 $2,304,194 $812,066
2021 $2,413,841 $2,088,981 $494,994 $324,860
2020 $475,091 $360,143 $171,204 $114,948
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