Economic Development Association for Black Communities
Nonprofit profile at a glance
- EIN
- 882273719
- IRS 990-EZ coverage
- 2024–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2022
- Location
- Denver, CO, USA
- Phone
- (720) 409-0856
- Rating
- 40
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Employment Procurement Assistance
Reported finances
- Revenue
- $69,246
- Expenses
- $376,377
- Assets
- $43,340
- Liabilities
- $10,000
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- JICE JOHNSON (PRESIDENT)
People named in this filing
- JICE JOHNSON (PRESIDENT)
- CHARLYN MOSS (TREASURER)
- ISAIAH ALEXANDER (MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To be the region’s connector, convener, and catalyst for economic change.
What it reported doing in 2024
Policy- EDABC hosted a series of events and engagements aimed at ensuring Black business leaders and community stakeholders are informed, connected, and equipped to engage in the legislative process. The Legislative Preview Breakfast brought together policymakers, community leaders, and business owners to discuss upcoming legislative priorities impacting economic development in Colorado. Coffee and Chat Series were held at local coffee shops throughout the year, these informal gatherings created space for dialogue between community members, policymakers, and EDABC leadership. Under the Dome was a coordination of a day at the Colorado State Capitol where black leaders engaged directly with legislators, received education on the legislative process, and built relationships with key policymakers.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 7
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -443.5%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 45%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -168.2% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -154.8% per year; rating input score 0; 0th percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Sustainability: Officer compensation ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.