DELAWARE BLACK CHAMBER OF COMMERCE (EIN 852253280) - 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

2021

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

DELAWARE BLACK CHAMBER OF COMMERCE, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $887K in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $342K, a strong 39% operating margin.

Mission

The DEBCC is a 501c3. Our mission is to support the initiatives of Black business owners and foster an enterprise that focuses on success and viability. We endeavor to create awareness and visibility of our efforts at local, state, and federal levels through advocacy.

🔒

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 $829,212

Program Service Revenue $79,650

Investment Income $0

Other Revenue $-22,068

TOTAL REVENUE $886,794

Expense Breakdown

Grants Paid $0

Salaries & Benefits $187,755

Fundraising Expenses $71,025

Program Expenses $418,375

Other Expenses $357,391

TOTAL EXPENSES $545,146

Year-over-Year Comparison

	2024	2023	Change
Revenue	$886,794	$479,134	+0.9%
Expenses	$545,146	$463,008	+0.2%
Net Income	$341,648	$16,126	+20.2%

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

Employees

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

Total Directors

Key Employees

$100,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AYANNA KHAN	PRESIDENT & CEO	40.00	Key Emp	$100,000	$0	$100,000
H ADAM AHMAD	BOARD MEMBER	2.00	Officer	$0	$0	$0
BRENNE SHEPPERSON	BOARD MEMBER	2.00	Officer	$0	$0	$0
KIM RICE	BOARD MEMBER	2.00	Officer	$0	$0	$0
CHAVONYA REDDICK	BOARD MEMBER	2.00	Officer	$0	$0	$0
DYRON GREEN	BOARD MEMBER	2.00	Officer	$0	$0	$0
CIEMONE SHEPPARD	BOARD MEMBER	2.00	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	$886,794	$545,146	$624,474	$341,648
2023	$479,134	$463,008	$208,392	$16,126
2022	$313,033	$395,903	$182,072	$-82,870
2021	$488,667	$267,240	$264,247	$221,427

DELAWARE BLACK CHAMBER OF COMMERCE