Indianapolis, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Indy Black Chamber of Commerce Inc, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $931K in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $862K left a modest 7% surplus.
To serve as a comprehensive resource for developing Black and Minority owned businesses, by providing business education, financing, and access to capital opportunities.
Wealth Building Through Business Ownership is IBCCs premier 10 week business development cohort designed to embrace entrepreneurship by providing the foundation necessary to equip business owners for...
Wealth Building Through Business Ownership is IBCCs premier 10 week business development cohort designed to embrace entrepreneurship by providing the foundation necessary to equip business owners for long term success. Since the inception of our program in March 2019, IBCC is proud to have graduated approximately 170 black and minority owned entrepreneurs, prepping them for ongoing success. IBCC offers our Wealth Building program annually up to three times withing the calendar year, with cohorts taking place in Q1, Q2, and Q3. IBCC graduated 30 participants in 2024.
Micro Enterprise Navigator Program: provided assistance to 70 micro business owners who were classified as LMI with business coaching and resource navigation services to help them scale and develop...
Micro Enterprise Navigator Program: provided assistance to 70 micro business owners who were classified as LMI with business coaching and resource navigation services to help them scale and develop within their business.
In partnership with LISC Indianapolis, a recipient of the City of Indianapolis ARPA funding grant, IBCC was selected to serve as the Technical Assistance (TA) Hub to provide technical assistance...
In partnership with LISC Indianapolis, a recipient of the City of Indianapolis ARPA funding grant, IBCC was selected to serve as the Technical Assistance (TA) Hub to provide technical assistance services at a large scale to small business owners, with a special focus on low income business owners from and in historically underserved communities with the objective to consolidate and grow their existing businesses.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $931,064 | $673,752 | +0.4% |
| Expenses | $862,445 | $615,116 | +0.4% |
| Net Income | $68,619 | $58,636 | +0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LARRY WILLIAMS | CoFounder | 40.00 |
Officer
|
$106,591 | $0 | $106,591 |
| ANITA WILLIAMS | CoFounder | 40.00 |
Officer
|
$51,450 | $0 | $51,450 |
| KATRINA STOVAL | Board Secretary | 3.00 |
Director
|
$0 | $0 | $0 |
| JAMIE WALTON | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| REGINA WARREN | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| CELESTE JONES | Board Vice CoChair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| WHITLEY YATES | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS GRIFFIN | Board Vice CoChair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| COURTNEY BROOKINS | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| GARY NAYLOR | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| DARRICK JONES | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| RENEA GATES | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $931,064 | $862,445 | $904,384 | $68,619 |
| 2023 | $673,752 | $615,116 | $862,370 | $58,636 |
| 2022 | $789,345 | $448,276 | $784,594 | $341,069 |
| 2021 | $493,697 | $272,113 | $442,174 | $221,584 |
| 2020 | $243,325 | $231,310 | $19,287 | $12,015 |
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