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
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.