URBAN CHAMBER OF COMMERCE (EIN 942825552) - 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

Formation Year

1980

Legal Domicile

Principal Officer

SHAUNDELL NEWSOME

Phone

7026486222

Tax Period

2021-01-01 to 2021-12-31

URBAN CHAMBER OF COMMERCE, founded in 1980, is a small nonprofit in the Community Improvement sector that reported $702K in total revenue in fiscal year 2021. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $113K, a strong 16% operating margin.

Mission

TO CREATE AN INNOVATIVE ENTREPRENUERIAL SPACE THAT PROMOTES ECONOMIC DEVELOPMENT FOR LOCAL AND GLOBAL BUSINESS

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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 (2021)

Revenue Breakdown

Contributions & Grants $569,030

Program Service Revenue $0

Investment Income $90

Other Revenue $132,744

TOTAL REVENUE $701,864

Expense Breakdown

Grants Paid $0

Salaries & Benefits $169,497

Fundraising Expenses $0

Program Expenses $66,102

Other Expenses $419,569

TOTAL EXPENSES $589,066

Year-over-Year Comparison

	2021	2020	Change
Revenue	$701,864	$478,474	+0.5%
Expenses	$589,066	$317,304	+0.9%
Net Income	$112,798	$161,170	-0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAUNDELL NEWSOME	BOARD CHAIR	003.00	Director	$0	$0	$0
CLIFTON MARSHALL	VICE CHAIR	003.00	Director	$0	$0	$0
ATHAR HASSEEBULLAH	SECRATARY	003.00		$0	$0	$0
JO CATO	BOARD MEMBER	001.00	Director	$0	$0	$0
DARREN HARRIS	BOARD MEMBER	003.00	Director	$0	$0	$0
JULIE KANKAI	BOARD MEMBER	005.00	Director	$0	$0	$0
CRAIG KNIGHT	BOARD MEMBER	003.00	Director	$0	$0	$0
JOHN PENNINGTON	BOARD MEMBER	003.00	Director	$0	$0	$0
VERNON TAYLOR	BOARD MEMBER	003.00	Director	$0	$0	$0
JARRON GRAY	BOARD MEMBER	003.00	Director	$0	$0	$0
JD CALHOUN	BOARD MEMBER	003.00	Director	$0	$0	$0
JOSEOPH HENDERSON	BOARD MEMBER	003.00	Director	$0	$0	$0
DINISHA MINGO	BOARD MEMBER	003.00	Director	$0	$0	$0
RICARDO VILLALOBOS	BOARD MEMBER	003.00	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
2021	$701,864	$589,066	No data	$112,798
2020	$478,474	$317,304	$248,651	$161,170
2019	$370,294	$325,143	$86,805	$45,151
2018	$245,416	$222,641	$44,366	$22,775

URBAN CHAMBER OF COMMERCE