CALIFORNIA BLACK CHAMBER OF COMMERCE (EIN 943225546) - 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

1994

Legal Domicile

Principal Officer

JAY A KING III

Phone

9164678878

Tax Period

2024-01-01 to 2024-12-31

CALIFORNIA BLACK CHAMBER OF COMMERCE, founded in 1994, is a small nonprofit that reported $662K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $909K exceeded revenue, resulting in a 37% operating deficit.

Mission

SMALL AND MINORITY BUSINESS ADVOCACY.

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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 $514,496

Program Service Revenue $147,819

Investment Income $0

Other Revenue $0

TOTAL REVENUE $662,315

Expense Breakdown

Grants Paid $0

Salaries & Benefits $425,222

Fundraising Expenses $0

Other Expenses $484,105

TOTAL EXPENSES $909,327

Year-over-Year Comparison

	2024	2023	Change
Revenue	$662,315	$963,121	-0.3%
Expenses	$909,327	$948,121	0.0%
Net Income	$-247,012	$15,000	-17.5%

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

$59,137

Total Directors

$74,257

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAY KING	President & CEO	40.00	Officer Director	$59,137	$0	$59,137
RUTH ARTATES-REZAIE	CFO	20.00	Director	$15,120	$0	$15,120
DELORES THOMPSON	Secretary	4.00	Director	$0	$0	$0
MARY EVANS	Chairman	2.00	Director	$0	$0	$0
GEORGE JONES	Chairman	2.00	Director	$0	$0	$0
ANTHONY WALLACE	BOARD MEMBER	2.00	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	$662,315	$909,327	$21,396	$-247,012
2023	$963,121	$948,121	$53,998	$15,000
2022	$1,353,667	$1,352,353	$113,935	$1,314
2021	$767,347	$822,563	$50,687	$-55,216
2020	$899,766	$806,045	$108,909	$93,721
2019	$75,403	$169,534	$14,373	$-94,131

CALIFORNIA BLACK CHAMBER OF COMMERCE