WASHINGTON AFRICAN AMERICAN CHAMBE… - Form 990 Financial Data

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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

Principal Officer

Chaune Hurt

Phone

5092952036

Tax Period

2022-12-01 to 2023-11-30

WASHINGTON AFRICAN AMERICAN CHAMBER OF COMMERCE, founded in 2021, is a small nonprofit in the Human Services sector that reported $198K in total revenue in fiscal year 2022. Revenue surged 296% from the prior year, signaling strong growth momentum. The organization ran a surplus of $122K, a strong 62% operating margin.

Mission

Business Development and Technical Assistance and Economic Development

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

Operation funds for organization

Program 2

Expenses: $18,000 Revenue: $0

business training and technical assistance

Program 3

Expenses: $55,000 Revenue: $0

Sub Contractor for business consulting and technical assistance

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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 (2022)

Revenue Breakdown

Contributions & Grants $197,951

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $197,951

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $46,500

Fundraising Expenses $0

Program Expenses $73,000

Other Expenses $23,968

TOTAL EXPENSES $75,968

Year-over-Year Comparison

	2022	2021	Change
Revenue	$197,951	$50,000	+3.0%
Expenses	$75,968	$40,723	+0.9%
Net Income	$121,983	$9,277	+12.1%

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

Employees

N/A

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

$10,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robbin Calloway	President	2.00	Officer	$0	$0	$0
Chaune Hurt	CEO Founder	15.00	Officer	$10,500	$0	$10,500
Monica Sanchez	Directer Program Outreach	2.00	Officer	$0	$0	$0
Caleb Mitchell	Treasurer	2.00	Officer	$0	$0	$0
Almer Griffin	Secretary	2.00	Officer	$0	$0	$0
Cassandra Thomas	Administration	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
2025	No data	No data	No data	No data
2023	$197,951	$75,968	$121,983	$121,983

WASHINGTON AFRICAN AMERICAN CHAMBER OF COMMERCE