NORBCC INC (EIN 455108367) - 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

2006

Legal Domicile

Principal Officer

EDWARD COULON

Phone

2258029634

Tax Period

2024-01-01 to 2024-12-31

NORBCC INC, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $309K in total revenue in fiscal year 2024.

Mission

To support promote and educate our members for sustainable growth and expansion. Also to empower and and sustain the African American business community through entrepreneurship and economic activity in the Greater New Orleans and global economy as a whole.

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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 (2024)

Revenue Breakdown

Contributions & Grants $186,308

Program Service Revenue $122,790

Investment Income $50

Other Revenue $0

TOTAL REVENUE $309,148

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,428

Fundraising Expenses $0

Program Expenses $238,481

Other Expenses $332,019

TOTAL EXPENSES $336,447

Year-over-Year Comparison

	2024	2023	Change
Revenue	$309,148	N/A	N/A
Expenses	$336,447	N/A	N/A
Net Income	$-27,299	$0	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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stephanie Chambliss	Chair	2.00	Officer	$0	$0	$0
Edward Coulon	Vice Chair	2.00	Officer	$0	$0	$0
Anthony Bridges	Treasurer	2.00	Officer	$0	$0	$0
JoAnn Minor	Secretary	2.00	Officer	$0	$0	$0
Louis Colin	Board Member	1.00	Director	$0	$0	$0
April Davenport	Board Member	1.00	Director	$0	$0	$0
Renato Glasper	Board Member	1.00	Director	$0	$0	$0
Fallon Evans	Board Member	1.00	Director	$0	$0	$0
Krystal Hardy	Board Member	1.00	Director	$0	$0	$0
C J Marbley	Board Member	1.00	Director	$0	$0	$0
Cedric Morgan	Board Member	1.00	Director	$0	$0	$0
Ed Robinson	Board Member	1.00	Director	$0	$0	$0
Dr Patrice Sentino	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
2024	$309,148	$336,447	$18,734	$-27,299
2021	$452,982	$376,092	$194,878	$76,890
2020	$238,506	$187,330	$121,194	$51,176
2019	$277,060	$277,454	$61,451	$-394

NORBCC INC