Civic Intelligence

Pfc Black Chamber of Commerce Inc

EIN 82-2588505 • 501(c)3 • Upper Marlboro, MD

Pub. 78 Eligible990-N Coverage

Profile

Our mission is to strengthen the capacity of black businesses to serve their communities by providing a collective voice, fair access to capital and leadership support.

1801 McCormick Drive STE 260Upper Marlboro, MD 20774

www.pfcblackchamber.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

76th percentile

22%

Higher net margin than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

53rd percentile

0.2%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$122,510

Up $17,696 (+17%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Up

$122,510

Up $17,696 (+17%) from 2021

Operations
Liabilities / Revenue62nd percentileNet Margin76th percentile

Revenue

Up

$81,735

Up $196 (+0.2%) from 2021

Expenses

Up

$64,039

Up $30,667 (+92%) from 2021

Net Income

Down

$17,696

Down $30,471 (-63%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2020: $56,647Net Assets 2020: $56,6472020Assets 2021: $104,814Liabilities 2021: $0Net Assets 2021: $104,8142021Assets 2022: $122,510Liabilities 2022: $0Net Assets 2022: $122,5102022

Highlighted filing

2022

Assets$122,510
Liabilities$0
Net Assets$122,510
Open 2022 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0Revenue 2020: $66,702Expenses 2020: $14,354Net Income 2020: $52,3482020Revenue 2021: $81,539Expenses 2021: $33,372Net Income 2021: $48,1672021Revenue 2022: $81,735Expenses 2022: $64,039Net Income 2022: $17,6962022

Highlighted filing

2022

Revenue$81,735
Expenses$64,039
Net Income$17,696
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$122,510
Liabilities
$0
Net assets
$122,510
Revenue
$81,735
Expenses
$64,039
Net income
$17,696
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.82$0.64$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.82$0.33$0.48
2020Detailed filing. Detailed filing data is available for this year.$0.57$0.57$0.67$0.14$0.52
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 13, 2023
Return Version
2022v5.0
Gross Receipts
$81,735
Mission and Program Overview

Mission

Our mission is to strengthen the capacity of black businesses to serve their communities by providing a collective voice, fair access to capital and leadership support.

To Promote economic progress in Maryland

Program Services

DescriptionGrantsExpenses
Provided training and business development support to members.-$17,696
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jerry McLaurinExecutive DirectorFT$0--
Timothy SmithTreasurer-$0--
Derrick GeorgeBoard Member-$0--
Andre DowningBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
PFC Black Chamber Of Commerce Inc
EIN
82-2588505
Address
1801 McCormick Drive STE 260, Upper Marlboro, MD 20774

Signing Officer

Name
Jerry McLaurin
Title
Executive Direc
Phone
3018751083
Signed
2023-04-13
Discuss with paid preparer
No

Preparer

Firm
Key & Associates PC
Address
8720 Georgia Avenue Suite 800, Silver Spring, MD 20910
Preparer
Beatrice Key
Phone
2406415197
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountAdvertising and Marketing 3,025Events Expense 17,806Conferences 317Dues and Subscriptions 175Legal and Professional 350Meals and Entertainment 1,148Job Supplies 258Office Supplies 179Phone and Cable 2,298Travel 864Website and Internet 193Parking 40Other Business Expense 301License 70Misc Expenses 507”

Raw XML Appendix147 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Jerry McLaurin
IRS990EZ/BooksInCareOfDetail/PhoneNum03018751083
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01801 McCormick Drive Suite 260
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Upper Marlboro
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020774
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0104814
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0122510
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt070875
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt017696
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0104814
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0122510
IRS990EZ/GrossReceiptsAmt081735
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt010860
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0104814
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0122510
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0104814
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0122510
IRS990EZ/OccupancyRentUtltsAndMaintAmt05719
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jerry McLaurin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Timothy Smith
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Derrick George
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Andre Downing
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt027531
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To Promote economic progress in Maryland
IRS990EZ/PrintingPublicationsPostageAmt01554
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided training and business development support to members.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt017696
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt028735
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt064039
IRS990EZ/TotalProgramServiceExpensesAmt017696
IRS990EZ/TotalRevenueAmt081735
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.pfcblackchamber.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt081735
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt081538
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0163273
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0163273
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt081735
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt081538
IRS990ScheduleA/Total509Grp/TotalAmt0163273
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt081735
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt081538
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0163273
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountAdvertising and Marketing 3,025Events Expense 17,806Conferences 317Dues and Subscriptions 175Legal and Professional 350Meals and Entertainment 1,148Job Supplies 258Office Supplies 179Phone and Cable 2,298Travel 864Website and Internet 193Parking 40Other Business Expense 301License 70Misc Expenses 507
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Jerry McLaurin
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/PhoneNum03018751083
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PFC Black Chamber Of Commerce Inc
ReturnHeader/Filer/BusinessNameControlTxt0PFCB
ReturnHeader/Filer/EIN0822588505
ReturnHeader/Filer/USAddress/AddressLine1Txt01801 McCormick Drive STE 260
ReturnHeader/Filer/USAddress/CityNm0Upper Marlboro
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020774
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431952699
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Key & Associates PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08720 Georgia Avenue Suite 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Silver Spring
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020910
ReturnHeader/PreparerPersonGrp/PhoneNum02406415197
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Beatrice Key
ReturnHeader/ReturnTs02023-11-14T11:43:00-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jerry
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0McLaurin
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.