African Chamber of Commerce of Colorado USA
Only null% goes to programs Thin reserves
African Chamber of Commerce of Colorado USA is a 501(c)(3) organization based in Denver, Colorado, registered in 2020, with $209,530 in FY2023 revenue. CharityIndex grades it D.
1250 S Parker Rd Ste 100b, Denver, CO, 80231 EIN 47-4617014 Since 2020
Revenue (FY2023)
$210K
▼ 85.5% vs prior year
Community median: $184K
Expenses (FY2023)
$271K
Net assets
$0
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for African Chamber of Commerce of Colorado USA— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -29% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For African Chamber of Commerce of Colorado USA: 0 mo reserves · -29% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for African Chamber of Commerce of Colorado USA— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For African Chamber of Commerce of Colorado USA: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1250 S Parker Rd Ste 100b, Denver, CO, 80231
- City
- Denver
- State
- Colorado
- Subcategory
- Business & Industry Associations
- Website
- …
Financial trends
Revenue declined from $210K (FY2020) to $210K (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.5MNet assets $0
Operating margin
-29.2%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$1.5M
Net assets
$0
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $209,530▼85.5% | $270,784▼61.8% | $0 | $1,518,015 | 990 |
| 2022 | $1,445,412▲423% | $708,771▲342% | $0 | $0 | 990 |
| 2021 | $276,441▲31.6% | $160,405▼28.2% | $0 | $0 | 990 |
| 2020 | $210,000 | $223,545 | $0 | $0 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $215K total
7 grants to African Chamber of Commerce of Colorado USA totaling $215K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Denver Foundation | Small business development | 2024 | $10,000 |
| Rose Community Foundation | Voter engagement program support | 2024 | $10,000 |
| Rose Community Foundation | General operating support | 2023 | $40,000 |
| Rose Community Foundation | General operating support | 2022 | $40,000 |
| Mile High United Way Inc | Other grant | 2021 | $50,000 |
| Rose Community Foundation | The timberline network, covid-19 vaccine pop-up clinic | 2021 | $40,000 |
| Denver Foundation | This grant is colorado microloan program. | 2021 | $25,000 |
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Compare African Chamber of Commerce of Colorado USA
Frequently asked questions
- Is African Chamber of Commerce of Colorado USA a legitimate nonprofit?
- Yes. African Chamber of Commerce of Colorado USA is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-4617014, based in Denver, Colorado. Donations are tax-deductible.
- What is African Chamber of Commerce of Colorado USA's EIN?
- African Chamber of Commerce of Colorado USA's Employer Identification Number (EIN) is 47-4617014.
- How much revenue does African Chamber of Commerce of Colorado USA report?
- African Chamber of Commerce of Colorado USA reported $209,530 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does African Chamber of Commerce of Colorado USA have?
- CharityIndex grades African Chamber of Commerce of Colorado USA D, based on financial health (reserves and operating margin).
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Data for African Chamber of Commerce of Colorado USA (EIN 47-4617014) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.