ATLANTA BLACK CHAMBERS INC (EIN 812810392) - 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

2016

Legal Domicile

Principal Officer

MELVIN COLEMAN

Phone

8779646222

Tax Period

2025-01-01 to 2025-12-31

ATLANTA BLACK CHAMBERS INC, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $362K in total revenue in fiscal year 2025. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $709K exceeded revenue, resulting in a 96% operating deficit.

Mission

OUR MISSION IS TO SERVE AS AN ADVOCATE FOR THE CREATION AND GROWTH OF COMPETITIVE, PROFITABLE, AND SUSTAINABLE BLACK OWNED ENTITIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $296,541

Program Service Revenue $61,267

Investment Income $4,228

Other Revenue $0

TOTAL REVENUE $362,036

Expense Breakdown

Grants Paid $0

Salaries & Benefits $139,910

Fundraising Expenses $0

Program Expenses $162,148

Other Expenses $568,720

TOTAL EXPENSES $708,630

Year-over-Year Comparison

	2025	2024	Change
Revenue	$362,036	$1,061,249	-0.7%
Expenses	$708,630	$448,409	+0.6%
Net Income	$-346,594	$612,840	-1.6%

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

N/A

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
MELVIN COLEMAN	PRESIDENT/CEO	40	Officer	$0	$0	$0
TREVAN TATE	BOARD CHAIR	25	Officer	$0	$0	$0
MIGUEL LLOYD	BOARD MEMBER	10	Officer	$0	$0	$0
AKITA PATTERSO	BOARD MEMBER	10	Officer	$0	$0	$0
MICHAEL HILL	TREASURER	10	Officer	$0	$0	$0
CRYSTAL SPELLM	SECRETARY	15	Officer	$0	$0	$0
JOYCE RHODES	VICE CHAIR	10	Officer	$0	$0	$0
JOCELYN CURRY	LEGAL COUNSEL	15	Officer	$0	$0	$0
SHEROLYN SELLE	BOARD MEMBER	15	Officer	$0	$0	$0
MELVIN COLEMAN	C.E.O.	40	Officer	$0	$0	$0
TREVAN TATE	BOARD CHAIR	25	Officer	$0	$0	$0
MIGUEL LLOYD	BOARD MEMBER	10	Officer	$0	$0	$0
AKITA PATTERSO	BOARD MEMBER	10	Officer	$0	$0	$0
MICHAEL HILL	TREASURER	10	Officer	$0	$0	$0
CRYSTAL SPELLM	SECRETARY	15	Officer	$0	$0	$0
JOYCE RHODES	VICE CHAIR	10	Officer	$0	$0	$0
JOCELYN CURRY	LEGAL COUNSEL	15	Officer	$0	$0	$0
SHEROLYN SELLE	BOARD MEMBER	10	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
2025	$362,036	$708,630	$511,292	$-346,594
2024	$1,061,249	$448,409	$823,522	$612,840
2023	$336,531	$362,882	$209,353	$-26,351
2022	$285,113	$222,034	$235,704	$63,079

ATLANTA BLACK CHAMBERS INC