African Chamber of Commerce Colorado USA (EIN 474617014) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

NAQUETTA RICKS

Phone

7206287534

Tax Period

2024-01-01 to 2024-12-31

African Chamber of Commerce Colorado USA, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $944K in total revenue in fiscal year 2024. Revenue surged 350% from the prior year, signaling strong growth momentum. Expenses of $903K left a modest 4% surplus.

Mission

We create economic growth and investment by empowering the business Community of colorado.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $907,298

Program Service Revenue $0

Investment Income $36,521

Other Revenue $0

TOTAL REVENUE $943,819

Expense Breakdown

Grants Paid $5,780

Salaries & Benefits $466,771

Fundraising Expenses $86,769

Program Expenses $816,596

Other Expenses $344,045

TOTAL EXPENSES $903,365

Year-over-Year Comparison

	2024	2023	Change
Revenue	$943,819	$209,530	+3.5%
Expenses	$903,365	$270,784	+2.3%
Net Income	$40,454	$-61,254	-1.7%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

$130,647

Total Directors

$130,647

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	President	40.00	Officer Director Highest	$130,647	$0	$130,647
N/A	Executive Director	15.00	Officer Director	$0	$0	$0
N/A	Public Health Project Manager	15.00	Officer	$0	$0	$0
N/A	Outreach Coordinator	15.00	Officer	$0	$0	$0
N/A	Outreach and Policy	15.00	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
2024	$943,819	$903,365	$1,217,501	$40,454
2023	$209,530	$270,784	$1,518,015	$-61,254
2022	$1,445,412	$708,771	No data	$736,641
2021	$276,441	$160,405	No data	$116,036
2020	$210,000	$223,545	No data	$-13,545

African Chamber of Commerce Colorado USA