Mission
The Innovation Black Chamber of Commerce (IBCC) aims to foster a community that promotes economic independence and prosperity across Texas. It provides innovative technology-driven training and premier continuing education to empower business leaders and entrepreneurs within the black community. The Chamber is comprised of a diverse group of business owners, community leaders, and veterans, committed to advocating for business equity and growth.
Basic Information
Founded in
2019
EIN
84-3410441
Total Assets
$17.39 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
At a Glance
Youth Empowerment
Focusing on empowering young entrepreneurs for a brighter future.
Veteran Empowerment
Supporting the entrepreneurial spirit of veteran business owners.
Business Education
Providing innovative training to maximize competitive advantage.
Our Programs
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
43
26
/100
Program Expense Ratio
41.18%
4
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0
2
/20
Working Capital Ratio
0.1668
4
/20
Fundraising Efficiency
0.8517
14
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 95.85K | 96.10% |
| Program Services | 0 | 0.00% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 99.74K | 100.00% |
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