Washington African American Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 873912785
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2021
- Location
- Richland, WA, USA
- Phone
- 5092952036
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $285,728
- Expenses
- $140,761
- Assets
- $347,198
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Robbin Calloway (President)
Highest reported compensation
- Chaune Hurt (Founder): $12,000 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 Washington African American Chamber of Commerce exists to advance economic equity and generational wealth by empowering Black minority and underserved entrepreneurs across Washington State.
What it reported doing in 2024
The Washington African American Chamber of Commerce provided business technical assistance one-on-one coaching business planning procurement readiness access to capital assistance certification support entrepreneurial training and networking opportunities for small businesses throughout Washington State. Services focused on increasing business capacity economic opportunity and long-term sustainability for underserved entrepreneurs.
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - Revenue comfortably covers expenses and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 54
- Accountability: 26
- Sustainability: 75
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30.8%; rating input score 31
- Program expense ratio: 62.5%; rating input score 63
- Fundraising efficiency: $14.6 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings
Transparency & Controls
- Consistency checks: 72.7%; rating input score 73; 0th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 0%; rating input score 0; 19th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 50.7%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 2.47; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 8.5%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: -10.2% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: 23.8% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 52.1% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 30.8% of revenue deployed · 62.5% of spending went to programs
- Governance: 0 of 6 board members independent · 5 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $88K in reported program spending
- Leadership: top reported pay $12K · 6 people listed
- Consistency: 37 of 42 current checks pass · 5 findings to review
- Schedules: 4 filed schedules · includes major donors and grants
- Filing history: 2 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 31/100.
- High — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 49/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX ConferencesMeetings column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX InformationTechnology column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.