Capital Black Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 680083646
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Sacramento, CA, USA
- Phone
- 9162310416
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $353,747
- Expenses
- $573,314
- Assets
- $1,624,358
- Liabilities
- $1,244,336
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Azizza Davis Goines (President & CEO)
Highest reported compensation
- Azizza Davis Goines (President & CEO): $121,264 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the Sacramento Black chamber of commerce is to assure member businesses will benefit through services that sustain and increase their revenue. Additionally, the region will benefit through the growth of African American owned businesses.
What it reported doing in 2024
The Capital Black Chamber of Commerce completed its fifteenth year of advocacy working with the Congressional Black Caucus Foundation's Annual Legislative Conference. In 2024 the Chamber's focus was on how our collaborations work to build sustainability in our underrepresented communities specifically through workforce development in areas of transportation, energy and education. Meetings were also held with elected officials representing the State of California as well as representatives from the Department of Commerce and the Department of Labor. The Chamber hosted a reception in Washington DC after the meetings to introduce the fact that the Chamber has now gone statewide and will now be called the Capital Black Chamber of Commerce. The Chamber took its largest delegation yet to Washington D.C. to represent our six county region.The Chamber's introduced its newest program called Elevate which was designed to provide technical assistance and training to local Black Chambers around the state to support their building capacity to provide assistance to their local businesses. The Capital Black Chamber has now graduated two cohorts from that program, one in Northern California consisting of nine local Black Chambers and fifteen Chambers in the Inland Empire.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 86.9%; rating input score 87
- Fundraising efficiency: $28.69 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 24th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -62.1%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 2.83; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.77; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 21.2%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 17.2% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 7.4% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: 30.2% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 86.9% of spending went to programs
- Governance: 9 of 10 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $498K in reported program spending
- Leadership: top reported pay $121K · 10 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 4/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- High — Sustainability: Officer compensation ratio scored 18/100.