AFRICAN AMERICAN CHAMBER OF COMMERCE OF WISCONSIN INC (EIN 391768969) - 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

Principal Officer

NIKKI PURVIS

Phone

4144629450

Tax Period

2023-01-01 to 2023-12-31

AFRICAN AMERICAN CHAMBER OF COMMERCE OF WISCONSIN INC, founded in 1993, is a small nonprofit in the Education sector that reported $727K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

WE CHAMPION THE GROWTH AND SUSTAINABILITY OF AFRICAN AMERICAN OWNED BUSINESSES BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND ADVOCACY THROUGH CAPACITY BUILDING AND STRATEGIC PARTNERSHIPS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $593,824

Program Service Revenue $20,850

Investment Income $0

Other Revenue $111,877

TOTAL REVENUE $726,551

Expense Breakdown

Grants Paid $17,200

Salaries & Benefits $366,500

Fundraising Expenses $40,174

Program Expenses $563,060

Other Expenses $414,165

TOTAL EXPENSES $797,865

Year-over-Year Comparison

	2023	2022	Change
Revenue	$726,551	$585,843	+0.2%
Expenses	$797,865	$784,681	+0.0%
Net Income	$-71,314	$-198,838	-0.6%

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

Employees

Volunteers

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

$130,748

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NIKKI PURVIS	CEO	40.00	Officer	$98,346	$32,402	$130,748
WARREN E BULIOX	CHAIR	1.00	Officer Director	$0	$0	$0
MARJORIE RUCKER	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
JULIAN BERRY	SECRETARY	1.00	Director	$0	$0	$0
MIKAL WESLEY	DIRECTOR	1.00	Officer Director	$0	$0	$0
NICOSIA KING	DIRECTOR	1.00	Officer Director	$0	$0	$0
DR DEBORAH ALLEN	DIRECTOR	1.00	Director	$0	$0	$0
TIFFANY MEANS	DIRECTOR	1.00	Director	$0	$0	$0
DR LIA KNOX	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS TREDER	DIRECTOR	1.00	Director	$0	$0	$0
MATT PAZARAS	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM DECK	DIRECTOR	1.00	Director	$0	$0	$0
LAQUONDRA SHAW	DIRECTOR	1.00	Director	$0	$0	$0
KEESHA JONES-SUTTON	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$726,551	$797,865	$2,718,446	$-71,314
2022	$585,843	$784,681	$1,282,855	$-198,838
2021	$731,634	$904,193	$1,374,812	$-172,559
2020	$1,593,552	$819,823	$1,482,707	$773,729
2019	$608,865	$556,057	$492,443	$52,808
2018	$353,060	$509,528	$399,607	$-156,468

AFRICAN AMERICAN CHAMBER OF COMMERCE OF WISCONSIN INC