Greater Phoenix Black Chamber of Commerce (EIN 860898817) - 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

Legal Domicile

Phone

6023075200

Tax Period

2024-01-01 to 2024-12-31

Greater Phoenix Black Chamber of Commerce is a small nonprofit in the Community Improvement sector that reported $323K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 17% operating margin.

Mission

The Chamber is focused on facilitating the economic growth of the greater Phoenix business community by providing access to business resources opportunities that add value through the five pillars of service: Advocacy, Access to Capital, Contracting, Entreprenueur Training and Business Development.

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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 (2024)

Revenue Breakdown

Contributions & Grants $332,663

Program Service Revenue $0

Investment Income $0

Other Revenue $-9,724

TOTAL REVENUE $322,939

Expense Breakdown

Grants Paid $0

Salaries & Benefits $45,737

Fundraising Expenses $18,895

Program Expenses $108,221

Other Expenses $200,314

TOTAL EXPENSES $269,441

Year-over-Year Comparison

	2024	2023	Change
Revenue	$322,939	$255,045	+0.3%
Expenses	$269,441	$207,582	+0.3%
Net Income	$53,498	$47,463	+0.1%

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

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
Mark Molzen	Board Member	1.00	Director	$0	$0	$0
Terrence Spencer	Board Member	1.00	Director	$0	$0	$0
Machelle Franklin	Board Chair	1.00	Director	$0	$0	$0
Ryan Garlington	Board Member	1.00	Director	$0	$0	$0
Jessica Garlington	Board Member	1.00	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	$322,939	$269,441	$35,182	$53,498
2023	$255,045	$207,582	$934	$47,463

Greater Phoenix Black Chamber of Commerce