VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM (EIN 850797003) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Phone

5402160021

Tax Period

2024-01-01 to 2024-12-31

VA Black Business Directory, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $219K in total revenue in fiscal year 2022. Expenses of $267K exceeded revenue, resulting in a 22% operating deficit.

Mission

SEE SCH O

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $32,952

Program Service Revenue $180,466

Investment Income $0

Other Revenue $0

TOTAL REVENUE $213,418

Expense Breakdown

Grants Paid $4,500

Salaries & Benefits $59,203

Fundraising Expenses $2,323

Program Expenses $155,434

Other Expenses $113,159

TOTAL EXPENSES $176,862

Year-over-Year Comparison

	2024	2023	Change
Revenue	$213,418	$307,717	-0.3%
Expenses	$176,862	$361,490	-0.5%
Net Income	$36,556	$-53,773	-1.7%

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

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

$53,650

Total Directors

$53,650

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERNISHA HALL	FOUNDER- PRESIDENT -TREASURER	24.00	Officer Director	$53,650	$0	$53,650
TRACEY HALL	FOUNDER-VICE PRESIDENT-SECRETARY	10.00	Officer Director	$0	$0	$0
MICHELLE RIDDICK	HON FOUNDER	25.00	Officer Director	$0	$0	$0
LAURASHA LOVETT	DIRECTOR AND EDUC COORDINATOR	5.00	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	$213,418	$176,862	$7,662	$36,556
2023	$307,711	$361,490	$3,377	$-53,779
2023	$292,964	$348,011	$3,377	$-55,047
2023	$307,711	$361,490	$3,377	$-53,779
2022	$217,667	$268,145	$4,972	$-50,478
2022	$218,648	$266,901	$7,207	$-48,253

VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM