CEN-TEX AFRICAN AMERICAN CHAMBER OF COMMERCE INC (EIN 470938907) - 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

2004

Legal Domicile

Principal Officer

JOHN BIBLE

Phone

2542353204

Tax Period

2023-01-01 to 2023-12-31

CEN-TEX AFRICAN AMERICAN CHAMBER OF COMMERCE INC, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $383K in total revenue in fiscal year 2023. Expenses of $442K exceeded revenue, resulting in a 15% operating deficit.

Mission

PROMOTE ECONOMIC DEVELOPMENT / IMPACT SERVICES FOR COMMUNITY, SMALL BUSINESS, AND INDIVIDUALS BY CREATING OPPORTUNITIES FOR FINANCIAL SUCCESS

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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 $260,509

Program Service Revenue $122,527

Investment Income $0

Other Revenue $0

TOTAL REVENUE $383,036

Expense Breakdown

Grants Paid $25,500

Salaries & Benefits $295,581

Fundraising Expenses $0

Program Expenses $281,384

Other Expenses $121,005

TOTAL EXPENSES $442,086

Year-over-Year Comparison

	2023	2022	Change
Revenue	$383,036	$364,458	+0.1%
Expenses	$442,086	$308,470	+0.4%
Net Income	$-59,050	$55,988	-2.1%

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

$71,926

Total Directors

$71,926

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Bible	Executive Director	40.00	Officer Director	$71,926	$0	$71,926
Chris King	Chairman	1.00	Director	$0	$0	$0
Dortheia Love	Board Member	1.00	Director	$0	$0	$0
Clay Springer	Treasurer	1.00	Director	$0	$0	$0
Kevin Cervantes	Board Member	1.00	Director	$0	$0	$0
Christopher Gonzales	Board Member	1.00	Director	$0	$0	$0
Marissa Maguire	Board Member	1.00	Director	$0	$0	$0
Justin Rosolino	Board Member	1.00	Director	$0	$0	$0
Priscilla Stinnet	Board Member	1.00	Director	$0	$0	$0
Tre Baldwin	Board Member	1.00	Director	$0	$0	$0
Dominique Bolts	Board Member	1.00	Director	$0	$0	$0
Camille Wilder	Board Member	1.00	Director	$0	$0	$0
Cynthia Wise	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
2023	$383,036	$442,086	$238,869	$-59,050
2022	$364,458	$308,470	$281,899	$55,988
2021	$317,577	$267,818	$246,397	$49,759

CEN-TEX AFRICAN AMERICAN CHAMBER OF COMMERCE INC