Fort Worth Black Chamber of Commerc (EIN 751867189) - 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

1979

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Fort Worth Black Chamber of Commerc, founded in 1979, is a small nonprofit that reported $630K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum.

Mission

The mission of the Chamber is to provide business opportunities and generate increased spending in the community. The Chamber activity promotes an environment which creates equitable and profitable opportunities for minority businesses through various member services.

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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 $557,389

Program Service Revenue $169,529

Investment Income $0

Other Revenue $-96,435

TOTAL REVENUE $630,483

Expense Breakdown

Grants Paid $0

Salaries & Benefits $302,955

Fundraising Expenses $186,774

Program Expenses $241,743

Other Expenses $323,296

TOTAL EXPENSES $626,251

Year-over-Year Comparison

	2023	2022	Change
Revenue	$630,483	$461,064	+0.4%
Expenses	$626,251	$500,333	+0.3%
Net Income	$4,232	$-39,269	-1.1%

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

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
Roy Paley	Director	2.00	Director	$0	$0	$0
J Charles Powell	Director	2.00	Director	$0	$0	$0
Monica Bailey	Director	2.00	Director	$0	$0	$0
Darren James	Director	2.00	Director	$0	$0	$0
Glen Lewis	Director	2.00	Director	$0	$0	$0
Stae Hall	Director	2.00	Director	$0	$0	$0
Jeffery Postell	Director	2.00	Director	$0	$0	$0
Richard Roby III	Director	2.00	Director	$0	$0	$0
Brian Newby	Director	2.00	Director	$0	$0	$0
Jarred Howard	Director	2.00	Director	$0	$0	$0
Andre McEwing	Vice Chairman	5.00	Officer Director	$0	$0	$0
Sharon Douglas	Chair	5.00	Officer Director	$0	$0	$0
Monique Winfrey	Secretary	3.00	Officer Director	$0	$0	$0
Ty Stimpson	Parliamentarian	2.00	Officer Director	$0	$0	$0
Mike Williams	Treasurer	4.00	Officer Director	$0	$0	$0
Scott Bennett	Director	2.00	Key Emp	$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	$630,483	$626,251	$184,417	$4,232
2022	$461,064	$500,333	$172,185	$-39,269
2021	$497,638	$419,472	$211,454	$78,166
2020	$428,033	$386,732	$175,209	$41,301
2019	$444,566	$420,211	$99,678	$24,355
2018	$387,902	$401,867	$77,351	$-13,965

Fort Worth Black Chamber of Commerc