GEORGIA COALITION OF BLACK CHAMBERS

EIN: 862877418 501(c)(3) Community Improvement

SNELLVILLE, GA

Total Revenue
$2,167,071
Total Expenses
$1,483
Total Assets
$2,165,587
Net Assets
$2,165,587
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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
2021
Legal Domicile
GA
Principal Officer
MICHAEL HILL
Phone
4047819449
Tax Period
2023-01-01 to 2023-12-31

GEORGIA COALITION OF BLACK CHAMBERS, founded in 2021, is a community nonprofit in the Community Improvement sector that reported $2.2M in total revenue in fiscal year 2023. The organization ran a surplus of $2.2M, a strong 100% operating margin.

Mission

GCBC PARTNERS WITH NONPROFITS ACROSS 12 REGIONS IN GEORGIA TO ADVANCE ECONOMIC DEVELOPMENT IN UNDERSERVED COMMUNITIES THROUGH WORKSHOPS, TRAINING, AND TARGETED SUPPORT 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,163,500
Program Service Revenue $3,571
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,167,071

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $212
Other Expenses $1,483
TOTAL EXPENSES $1,483

Year-over-Year Comparison

2023 2022 Change
Revenue $2,167,071 N/A N/A
Expenses $1,483 N/A N/A
Net Income $2,165,588 N/A N/A
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

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Governance

Voting Members
6
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL T HILL EXE DIRECTOR 015.00
Officer 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 No data No data No data No data
2023 $2,167,071 $1,483 $2,165,587 $2,165,588
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