BLACK CHAMBER OF COMMERCE OF PBC (EIN 571206942) - 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

Tax Period

2023-01-01 to 2023-12-31

BLACK CHAMBER OF COMMERCE OF PBC, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $204K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $179K left a modest 12% surplus.

Mission

ADVANCE THE ECONOMIC INTEREST OF THE MEMBERS.

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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 $128,651

Program Service Revenue $75,165

Investment Income $0

Other Revenue $0

TOTAL REVENUE $203,816

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $97,741

Program Expenses $72,130

Other Expenses $178,631

TOTAL EXPENSES $178,631

Year-over-Year Comparison

	2023	2022	Change
Revenue	$203,816	$135,098	+0.5%
Expenses	$178,631	$134,968	+0.3%
Net Income	$25,185	$130	+192.7%

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

N/A

Volunteers

N/A

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
FREDA LUCAS	MEMBER	1.00	Director	$0	$0	$0
MARLON WHITE	MEMBER	1.00	Director	$0	$0	$0
THAIS SULLIVAN	MEMBER	1.00	Director	$0	$0	$0
CLIVE HENRY	MEMBER	1.00	Director	$0	$0	$0
TAE EDMONDS	MEMBER	1.00	Director	$0	$0	$0
DICKY SYKES	MEMBER	1.00	Director	$0	$0	$0
KEELY TAYLOR	MEMBER	1.00	Director	$0	$0	$0
FRANK HAYDEN	MEMBER	1.00	Director	$0	$0	$0
BRUCE LEWIS	MEMBER	1.00	Director	$0	$0	$0
JOSEPH SANCHEZ	CHAIRMAN ELECT	1.00	Officer Director	$0	$0	$0
GRASFORD SMITH	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
LEONTYNE BROWN	SECRETARY	2.00	Officer Director	$0	$0	$0
MARK PARKS	MEMBER	2.00	Officer 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	$203,816	$178,631	$99,805	$25,185

BLACK CHAMBER OF COMMERCE OF PBC