Shreveport Bossier African American Chambers of Commerce

Nonprofit profile at a glance

EIN
726028366
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-N 2015
Location
Shreveport, LA, USA
Phone
3182209098
Rating
55
Verdict
MIXED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$288,192
Expenses
$147,652
Assets
$349,270
Liabilities
$28,946

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

People named in this filing

  • BRITTANY DUNN (CHAIR)
  • BILLY ANDERSON JR (VICE CHAIR)
  • GOLDEN ELLIS (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The nbsp; mission nbsp; of nbsp; shreveport nbsp; bossier nbsp; african nbsp; american nbsp; chamber nbsp; of nbsp; commerce nbsp;(sbaacc) nbsp; is nbsp; to nbsp; serve nbsp; as nbsp; the nbsp; premier nbsp; voice nbsp; in nbsp; northwest nbsp; Louisiana nbsp; for nbsp; the nbsp; growth nbsp; of nbsp; african nbsp; american nbsp; businesses nbsp; and nbsp; community nbsp; at nbsp; large nbsp; through nbsp; advocacy nbsp; entrepreneurship nbsp; and nbsp; economic nbsp; enpowerment nbsp; our nbsp; vision nbsp; is nbsp; to nbsp; be nbsp; the nbsp; ultimate nbsp; resource nbsp; for nbsp; the nbsp; african nbsp; american nbsp; businesses

What it reported doing in 2024

Advocacy entrepreneurship and economic empowerment

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

MIXED - The filed numbers largely add up and most voting board members are independent. 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: 14
  • Transparency & Controls: 100
  • Accountability: 64
  • Sustainability: 73
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 11.9%; rating input score 12
  • Program expense ratio: 23.1%; rating input score 23
  • Fundraising efficiency: Limited

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 48.8%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 2.37; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 5.1% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: 16.4% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 11.9% of revenue deployed · 23.1% of spending went to programs
  • Governance: 11 of 11 board members independent · 1 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $70K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 23 of 24 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • 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 12/100.
  • High — Financial Efficiency: Program expense ratio scored 23/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.