Greater L A African American Chamber Of Commerce Education Fund
- Assets
- $231.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 95-4655176
Organization Overview
Greater L A African American Chamber Of Commerce Education Fund is located in Los Angeles, CA. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is the central organization for a national or regional group of organizations. Greater L A African American Chamber Of Commerce Education Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Greater L A African American Chamber Of Commerce Education Fund generated $93.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $117.3k during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED ACADEMIC AND VOCATIONAL TRAINING AND SCHOLARSHIPS FORDISADVANTAGED MINORITIES IN LOS ANGELES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Gibson Shaw President | 4 | $18,500 | |
Eric Boyd Board Member | 1 | $0 | |
Celeste M Alleyne Board Member | 1 | $0 | |
Kimberly Carter Treasurer | 4 | $0 | |
David A Ford Chairman | 3 | $0 | |
Ken Billups Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,580 |
| Total Program Service Revenue | $91,150 |
| Membership dues | $0 |
| Investment income | $282 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,012 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,014 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $864 |
| Other expenses | $113,467 |
| Total expenses | $117,345 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $231,761 |
| Other assets | $0 |
| Total assets | $231,761 |
| Total liabilities | $221,122 |
| Net assets or fund balances | $10,639 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater L A African American Chamber Of Commerce Education Fund has recieved totaling $60.
| Awarding Organization | Amount |
|---|---|
Sempra Energy Foundation San Diego, CA PURPOSE: EDUCATION | $60 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles And Helen Schwab Foundation San Francisco, CA | $691,573,201 | $120,025,754 |
Hispanic Scholarship Fund Gardena, CA | $152,619,685 | $60,036,131 |
Arizona Leadership Foundation Inc Scottsdale, AZ | $8,143,528 | $41,232,860 |
College Track Oakland, CA | $64,375,720 | $27,539,542 |
Business For Social Responsibility San Francisco, CA | $23,283,625 | $33,746,077 |
Arizona Christian School Tuition Organization Inc Chandler, AZ | $15,419,007 | $23,692,507 |
Institute For Better Education Tucson, AZ | $37,186,348 | $28,870,649 |
Catholic Education Arizona Phoenix, AZ | $32,375,379 | $24,525,242 |
Mcconnell Foundation Redding, CA | $0 | $21,867,294 |
Arizona Tuition Connection Inc Scottsdale, AZ | $37,104,483 | $31,699,669 |
Making Waves Foundation Inc Richmond, CA | $241,696,341 | $12,436,212 |
Port Of Los Angeles High School San Pedro, CA | $18,161,675 | $15,549,620 |