The Greater Cincinnati and Northern Kentucky African American Chamber of Co

EIN: 311504758

CINCINNATI, OH

Total Revenue
$838,340
Total Expenses
$826,774
Total Assets
$181,814
Net Assets
$-44,452
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
OH
Principal Officer
Eric H Kearney
Phone
5137519900
Tax Period
2018-01-01 to 2018-12-31

The Greater Cincinnati and Northern Kentucky African American Chamber of Co, founded in 1996, is a small nonprofit that reported $838K in total revenue in fiscal year 2018.

Mission

Chamber's Mission is to establish, cultivate, and strengthen consumer and business relationships; and to provide access to major corporate markets for our members.To preserve and increase Job in community. To help increase business opportunities; and assist in developing strategic partnerships and alliances with businesses.

Program Service Accomplishments

Program 1

The Minority Business Assistance Center(MBAC) provides a platform of technical assistance targeted at start-up and emerging businesses. Through assistance in certification, business plans, financial...

Read more

The Minority Business Assistance Center(MBAC) provides a platform of technical assistance targeted at start-up and emerging businesses. Through assistance in certification, business plans, financial strategies, and procurement, the program establishes a strong foundation for business growth.In 2018, the MBAC program achieved the following successes: Business support and training for start-ups Training Attendees - Business Plan Developed - Conferences and events sponsored - 12 MBE Certifications - 105 EDGE Certifications - 108

Program 2

The City contract supports monthly networking after hours to pay for a presenter and AACC organizational time, which average 25 participants. It also supports the Sudduth Program,which had 2 classes...

Read more

The City contract supports monthly networking after hours to pay for a presenter and AACC organizational time, which average 25 participants. It also supports the Sudduth Program,which had 2 classes with average 10 participants during the year. The Sudduth Program is a an advanced business development platform for high potential minority businesses. Sudduth participants hone their business skills through educational discussions with industry experts to enhance skills and increase the business owner's ability to meet the demands of larger clients and sustaining growth. City funds also supports the weekly Rise to Shine radio program. During calendar year, ___clients were counseled/coached, 1,484 attended training sessions,--- new jobs were developed, and ---retained. AACC helped minority business owners obtain new businesses, totalling $30,000 during 2017.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $838,317
Program Service Revenue $0
Investment Income $23
Other Revenue $0
TOTAL REVENUE $838,340

Expense Breakdown

Grants Paid $0
Salaries & Benefits $427,800
Fundraising Expenses $209,777
Other Expenses $398,974
TOTAL EXPENSES $826,774

Year-over-Year Comparison

2018 2017 Change
Revenue $838,340 $778,781 +0.1%
Expenses $826,774 $839,743 0.0%
Net Income $11,566 $-60,962 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
9
Volunteers
6

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
4
$106,681
Total Directors
13
$0
Key Employees
1
$106,681
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eric Kearney President/CEO 40.00
Officer Key Emp Highest
$106,681 $0 $106,681
John Moore Treasurer and Chair Emeritus 2.00
Officer
$0 $0 $0
Regan N Schmidt Esq Secretary 1.00
Officer
$0 $0 $0
Larissa England Vice Chair 1.00
Officer
$0 $0 $0
Charles Gerhardt III Esq Board Member 1.00
Director
$0 $0 $0
Jason Dunn Board Member 1.00
Director
$0 $0 $0
Donyetta Bailey Esq Board Member 1.00
Director
$0 $0 $0
Mark Campbell Board Member 1.00
Director
$0 $0 $0
Ken Cartwright Board Member 1.00
Director
$0 $0 $0
Cedric Newberry Board Member 1.00
Director
$0 $0 $0
Morgan A Owens Board Member 1.00
Director
$0 $0 $0
Mike Sipple Jr Board Member 1.00
Director
$0 $0 $0
Royce A Sutton Board Member 1.00
Director
$0 $0 $0
Apryl Pope Board Member 1.00
Director
$0 $0 $0
Gregory J Webb Board Member 1.00
Director
$0 $0 $0
Eric N White Board Member 1.00
Director
$0 $0 $0
Darin Hall Board Member 1.00
Director
$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
2018 $838,340 $826,774 $181,814 $11,566
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare The Greater Cincinnati and Northern Kentucky African American Chamber of Co with other nonprofits in Ohio and across the country.