National Black Chamber of Commerce Inc (EIN 351889294) - Form 990 Financial Analysis & Trantor Score

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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

1993

Legal Domicile

Phone

2022203060

Tax Period

2021-01-01 to 2021-12-31

National Black Chamber of Commerce Inc, founded in 1993, is a small nonprofit that reported $568K in total revenue in fiscal year 2021. Revenue fell 43% from the prior year — a significant decline worth monitoring.

Mission

The National Black Chamber of Commerce is dedicated to economically empowering and sustaining African American communities through Entrepreneurship and Capitlistic activity within the USA and via interaction with the black diaspora

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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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $568,294

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $568,294

Expense Breakdown

Grants Paid $0

Salaries & Benefits $427,655

Fundraising Expenses $0

Program Expenses $472,915

Other Expenses $142,122

TOTAL EXPENSES $569,777

Year-over-Year Comparison

	2021	2020	Change
Revenue	$568,294	$998,032	-0.4%
Expenses	$569,777	$999,941	-0.4%
Net Income	$-1,483	$-1,909	-0.2%

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

Governance

Voting Members

Independent Members

N/A

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

$427,655

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Harry C Alford	CEO	40.00	Officer	$249,858	$0	$249,858
Kay Debow	Vice President	40.00	Officer	$177,797	$0	$177,797
Arnold Baker	Director	1.00	Director	$0	$0	$0
J Alexander Martin	Director	1.00	Director	$0	$0	$0
Fred Jordan	Director	1.00	Director	$0	$0	$0
Courtney Reynolds	Secretary	1.00	Director	$0	$0	$0
Keymanna Paulas	Director	1.00	Director	$0	$0	$0
Larry Ivory	Chairman	1.00	Officer	$0	$0	$0
John Harmon	Treasurer	1.00	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
2021	$568,294	$569,777	No data	$-1,483
2020	$998,032	$999,941	$1,483	$-1,909

National Black Chamber of Commerce Inc