Civic Intelligence

Greater Washington DC Black Chamber of Commerce

EIN 82-3593199 • 501(c)3 • Washington, DC

Profile

Supporting the need for economic development in the black community through education. Additionally, promoting black business growth in the district of columbia through the facilitation of business opportunities.

1816 12th Street NWWashington, DC 20009

gwbcc.org

Siviq Scores

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

Liabilities / Assets

75th percentile

0.19x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.02x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

92nd percentile

$134,461

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 23.8% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

5th percentile

-61%

Faster asset growth than 5% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-56%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$64,474

Down $99,646 (-61%) from 2023

Liabilities

Up

$12,291

Up $4,391 (+56%) from 2023

Net Assets

Down

$52,183

Down $104,037 (-67%) from 2023

Revenue

Down

$565,412

Down $717,720 (-56%) from 2023

Expenses

Down

$669,449

Down $578,093 (-46%) from 2023

Net Income

Down

-$104,037

Down $139,627 (-392%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2021: $66,711Liabilities 2021: $48,494Net Assets 2021: $18,2172021Assets 2022: $125,397Liabilities 2022: $4,767Net Assets 2022: $120,6302022Assets 2023: $164,120Liabilities 2023: $7,900Net Assets 2023: $156,2202023Assets 2024: $64,474Liabilities 2024: $12,291Net Assets 2024: $52,1832024

Highlighted filing

2024

Assets$64,474
Liabilities$12,291
Net Assets$52,183

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2021: $57,630Expenses 2021: $39,412Net Income 2021: $18,2182021Revenue 2022: $319,200Expenses 2022: $258,330Net Income 2022: $60,8702022Revenue 2023: $1,283,132Expenses 2023: $1,247,542Net Income 2023: $35,5902023Revenue 2024: $565,412Expenses 2024: $669,449Net Income 2024: -$104,0372024

Highlighted filing

2024

Revenue$565,412
Expenses$669,449
Net Income-$104,037

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 15, 2025
Return Version
2024v5.2
Gross Receipts
$565,412
Mission and Program Overview

Mission

Supporting the need for economic development in the black community through education. Additionally, promoting black business growth in the district of columbia through the facilitation of business opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$159,120$50,478▼ $108,642
Accounts Receivable$5,000$13,996▲ $8,996
Total Assets$164,120$64,474▼ $99,646
Liabilities
Accounts Payable and Accrued Expenses$4,767$12,291▲ $7,524
Other Liabilities$3,133$0▼ $3,133
Total Liabilities$7,900$12,291▲ $4,391
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$156,220$52,183▼ $104,037
Total Net Assets Fund Balance$156,220$52,183▼ $104,037
Total Liabilities and Net Assets / Fund Balance$164,120$64,474▼ $99,646
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Aisha Bond--$152,500$152,500
Aisha BondPresidentFT$134,461$134,461
Danielle WalkerDirector of AdministrationFT$76,961$76,961
Simone EllisonDirector of Engagement and Strategic PartnershipsFT$75,192$75,192

Board Members and Trustees

NameTitle
Denise Rolark BarnesBoard Member
Dionne Bussy ReederBoard Member
Howard JeanBoard Member
Jamila WhiteBoard Member
Omar McintoshBoard Member
Will JonezBoard Member
Corey GriffinExecutive Member
Antwayne FordFounder and Executive Member
B Doyle Mitchell JrFounder and Executive Member
Steve GlaudeSecretary
Kola IsiaqTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$556,204
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$9,208
All Other Contributions
$79,290
Change in Net Assets
$-104,037
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$337,537
Other Expenses$322,212
Total Fundraising Expense$25,387
Grants and Similar Amounts Paid$9,700
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$213,301$57,323$15,990$286,614
Conferences and Meetings$77,487$0$0$77,487
Other Expenses$73,000$0$0$73,000
Advertising$31,262$3,664$1,831$36,757
Office Expenses$29,823$3,509$1,754$35,086
Fees for Services Other$34,561$0$0$34,561
Other Employee Benefits$25,537$3,004$1,503$30,044
Occupancy$23,508$2,766$1,382$27,656
Payroll Taxes$17,747$2,088$1,044$20,879
Travel$15,288$1,799$899$17,986
Fees for Services Accounting$10,455$1,230$615$12,300
Grants to Domestic Orgs$9,700--$9,700
Information Technology$6,272$738$369$7,379
Total Functional Expenses$567,941$76,121$25,387$669,449
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Expenses and Deferred Charges$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Greater Washington Dc Black Chamber of Commerce
EIN
82-3593199
Phone
2025605629
Address
1816 12TH STREET NW, WASHINGTON, DC 20009

Signing Officer

Name
Danielle Walker
Title
Director of Operations and Administ
Phone
2025605629
Signed
2025-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Danielle Walker
Formed
2020
Legal Domicile
Dc
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
15

Preparer

Firm
Nanette K Miller CPA Pc
Address
2450 VIRGINIA AVE NW E309, WASHINGTON, DC 20037
Preparer
Nan Miller CPA
Phone
2024637600
Supplemental Narrative

Additional Explanations

Pt VI, Line 12C

The organization has appointed person(s) responsible for assessing and identifying potential conflicts of interest and the policy is annually reviewed by all in the organization.

Pt VI, Line 15B

Compensation is determined using fair market value and 990 comparisons from similar organizations.

Pt VI, Line 19

All governing documents are made available/accessible via physical/electronic upon request.

Pt VI, Line 15A

Compensation is determined using fair market value and 990 comparisons from similar organizations.

Other

PART III, LINE 4(a): GWBCC PROGRAM ACTIVITIES: 2024 GWBCC PROGRAMS ARE DESIGNED TO SUPPORT AND PROMOTE BLACK BUSINESSES IN DC. OUR GOALS ARE TO RETAIN AND STRENGTHEN BUSINESSES AND IMPROVE BUSINESS GROWTH OPPORTUNITIES. OPEN HOUSE/BUSINESS SUMMIT GWBCC OPEN HOUSE - BUSINESS SUMMIT MARCH 26, 2024 - THURGOOD MARSHALL CENTER 10-6PM o EVENT DETAILS: 70 PARTICIPANTS TECHNICAL ASSISTANCE THE BUSINESS DEVELOPMENT CENTER (SBDC) - WITH MICHAEL BUTLER OFFERED SIX (6) 30-MINUTE SESSIONS THE SMALL BUSINESS ASSOCIATION (SBA) - WITH DAVID HINCAPIE OFFERED SIX (6) 30-MINUTE SESSIONS PANELS/SESSIONS: LEGISLATIVE SERIES WITH COUNCILMEMBER BROOKE PINTO, WARD 2 DC APEX ACCELERATOR OVERVIEW WITH JAMES GOODMAN, MANAGER, DC APEX ACCELERATORS PROGRAM DIVISION SPORTS WAGERING 101: OPPORTUNITIES ABOUND WITH KEITH HOWARD MEET DSLBDS INNOVATION & EQUITABLE DEVELOPMENT ENTREPRENEURSHIP IS FOR EVERYONE DEMYSTIFYING THE CERTIFIED BUSINESS ENTERPRISE (CBE) PROGRAM PANEL DISCUSSION: DC DEPARTMENT OF LICENSING AND CONSUMER PROTECTION (DLCP) NETWORKING RECEPTION WITH DSLBD DIRECTOR, ROSEMARY SUGGS-EVANS JULY 30, 2024 - ANACOSTIA ARTS CENTER 10:30 AM - 6 PM o EVENT DETAILS: 60 PARTICIPANTS TECHNICAL ASSISTANCE - ONE-ON-ONE TECHNICAL ASSISTANCE SPECIFIC TO THE NEEDS OF THEIR BUSINESS: THE BUSINESS DEVELOPMENT CENTER (SBDC) - WITH MICHAEL BUTLER OFFERED SIX (6) 30-MINUTE SESSIONS PANELS/SESSIONS: PERSONAL FINANCIAL PREPAREDNESS - DISB AND INDUSTRY PARTNERS HOW MENTORSHIP CAN SUPPORT THE GROWTH OF YOUR BUSINESS HOSTED BY THE COALITION OF NONPROFIT HOUSING AND ECONOMIC DEVELOPMENT (CNHED) ELEVATE GRADUATES CORPORATE TRANSPARENCY ACT AND THE COST OF DOING BUSINESS IN DC WITH DCLP COMMUNITY CONVERSATION/THE ART OF BUSINESS RESOURCE TABLES: DEPARTMENT OF LICENSING AND CONSUMER PROTECTION (DLCP) DEPARTMENT OF INSURANCE, SECURITIES AND BANKING (DISB) COALITION FOR NON-PROFIT HOUSING AND ECONOMIC DEVELOPMENT (CNHED) WASHINGTON AREA COMMUNITY INVESTMENT FUND (WACIF) CITIZENS BANK LATINO ECONOMIC DEVELOPMENT CENTER (LEDC) OCTOBER 29, 2024 - ANACOSTIA ARTS CENTER 11 AM - 7 PM o EVENT DETAILS: 68 PARTICIPANTS TECHNICAL ASSISTANCE - ONE-ON-ONE TECHNICAL ASSISTANCE SPECIFIC TO THE NEEDS OF THEIR BUSINESS: THE BUSINESS DEVELOPMENT CENTER (SBDC) - WITH MICHAEL BUTLER OFFERED FOUR (4) 1-HOUR SESSIONS FOLEY & LARDNER LLP OFFERED SIX (6) 30-MINUTE SESSIONS PANELS/SESSIONS: GWBCCS PRESIDENTS CIRCLE INFORMATION SESSION PRESENTED BY BOLA AUDENA, MBA, PMP, MBA GROWTH PARTNERS MANAGING PARTNER SBA BUSINESS MODEL CANVAS - VALUE PROPOSITION CANVAS PRESENTED BY DAVID HINCAPIE, LENDER RELATIONS SPECIALIST, VETERAN BUSINESS DEVELOPMENT OFFICER LEGISLATIVE LUNCH SERIES REPRESENTATIVE OYE HOW TO DO BUSINESS WITH THE AIRPORT AUTHORITY: ACCESS TO CONTRACTING ACCESS TO CONCESSIONS PRESENTED BY FRAPORT SECURING CAPITAL: BEST TIPS TO APPLY FOR FINANCING W/THE EAGLEBANK TEAM DOING BUSINESS WITH UNITED AIRLINES MEET THE PRIMES: CLARK, SUFFOLK, TURNER, WHITTING-TURNER OPEN HOUSE RECEPTION TANISHA LEWIS, VICE PRESIDENT OF DIVERSITY, INCLUSION, AND SOCIAL IMPACT MWAA RESOURCE TABLES DEPARTMENT OF INSURANCE, SECURITIES AND BANKING (DISB) DEPARTMENT OF LICENSING AND CONSUMER PROTECTION (DLCP) COALITION FOR NON-PROFIT HOUSING AND ECONOMIC DEVELOPMENT (CNHED) BUSINESS WEBINARS AND PANEL DISCUSSIONS MONEY SMART MONDAYS (WEBINAR SERIES) - SMALL BUSINESS ASSOCIATION (SBA) PRESENTED IN PARTNERSHIP WITH THE SBA PRESENTED BY: DAVID HINCAPIE, LENDER RELATIONS SPECIALIST, VETERAN BUSINESS DEVELOPMENT OFFICER WASHINGTON METROPOLITAN AREA DISTRICT OFFICE, U.S. SMALL BUSINESS ADMINISTRATION o TOPICS INCLUDE: RECORD KEEPING BANKING SERVICES: BANKING PARTNERS BUILDING CREDIT FINANCIAL MANAGEMENT EVENT STATS: o TOTAL # OF WEBINARS = 6 o SUM OF REGISTRANTS/ATTENDEES = 466 o COST TO RUN PROGRAMING - FREE W/SBA PARTNERSHIP o SHARING ON A LARGER SCALE, THE REGISTRATION AND ATTENDANCE INCREASED CONSISTENTLY. GWBCC & EAGLEBANK SMALL BUSINESS (WEBINAR SERIES) IN PARTNERSHIP WITH EAGLEBANK PRESENTED BY MACEO CLARK (MODERATOR), V

Pt VI, Line 11B

Executive management reviews the 990 in detail prior to submitting to the board of directors for review and approval.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS APPOINTED PERSON(S) RESPONSIBLE FOR ASSESSING AND IDENTIFYING POTENTIAL CONFLICTS OF INTEREST AND THE POLICY IS ANNUALLY REVIEWED BY ALL IN THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION IS DETERMINED USING FAIR MARKET VALUE AND 990 COMPARISONS FROM SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE/ACCESSIBLE VIA PHYSICAL/ELECTRONIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS DETERMINED USING FAIR MARKET VALUE AND 990 COMPARISONS FROM SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PART III, LINE 4(a): GWBCC PROGRAM ACTIVITIES: 2024 GWBCC PROGRAMS ARE DESIGNED TO SUPPORT AND PROMOTE BLACK BUSINESSES IN DC. OUR GOALS ARE TO RETAIN AND STRENGTHEN BUSINESSES AND IMPROVE BUSINESS GROWTH OPPORTUNITIES. OPEN HOUSE/BUSINESS SUMMIT GWBCC OPEN HOUSE - BUSINESS SUMMIT MARCH 26, 2024 - THURGOOD MARSHALL CENTER 10-6PM o EVENT DETAILS: 70 PARTICIPANTS TECHNICAL ASSISTANCE THE BUSINESS DEVELOPMENT CENTER (SBDC) - WITH MICHAEL BUTLER OFFERED SIX (6) 30-MINUTE SESSIONS THE SMALL BUSINESS ASSOCIATION (SBA) - WITH DAVID HINCAPIE OFFERED SIX (6) 30-MINUTE SESSIONS PANELS/SESSIONS: LEGISLATIVE SERIES WITH COUNCILMEMBER BROOKE PINTO, WARD 2 DC APEX ACCELERATOR OVERVIEW WITH JAMES GOODMAN, MANAGER, DC APEX ACCELERATORS PROGRAM DIVISION SPORTS WAGERING 101: OPPORTUNITIES ABOUND WITH KEITH HOWARD MEET DSLBDS INNOVATION & EQUITABLE DEVELOPMENT ENTREPRENEURSHIP IS FOR EVERYONE DEMYSTIFYING THE CERTIFIED BUSINESS ENTERPRISE (CBE) PROGRAM PANEL DISCUSSION: DC DEPARTMENT OF LICENSING AND CONSUMER PROTECTION (DLCP) NETWORKING RECEPTION WITH DSLBD DIRECTOR, ROSEMARY SUGGS-EVANS JULY 30, 2024 - ANACOSTIA ARTS CENTER 10:30 AM - 6 PM o EVENT DETAILS: 60 PARTICIPANTS TECHNICAL ASSISTANCE - ONE-ON-ONE TECHNICAL ASSISTANCE SPECIFIC TO THE NEEDS OF THEIR BUSINESS: THE BUSINESS DEVELOPMENT CENTER (SBDC) - WITH MICHAEL BUTLER OFFERED SIX (6) 30-MINUTE SESSIONS PANELS/SESSIONS: PERSONAL FINANCIAL PREPAREDNESS - DISB AND INDUSTRY PARTNERS HOW MENTORSHIP CAN SUPPORT THE GROWTH OF YOUR BUSINESS HOSTED BY THE COALITION OF NONPROFIT HOUSING AND ECONOMIC DEVELOPMENT (CNHED) ELEVATE GRADUATES CORPORATE TRANSPARENCY ACT AND THE COST OF DOING BUSINESS IN DC WITH DCLP COMMUNITY CONVERSATION/THE ART OF BUSINESS RESOURCE TABLES: DEPARTMENT OF LICENSING AND CONSUMER PROTECTION (DLCP) DEPARTMENT OF INSURANCE, SECURITIES AND BANKING (DISB) COALITION FOR NON-PROFIT HOUSING AND ECONOMIC DEVELOPMENT (CNHED) WASHINGTON AREA COMMUNITY INVESTMENT FUND (WACIF) CITIZENS BANK LATINO ECONOMIC DEVELOPMENT CENTER (LEDC) OCTOBER 29, 2024 - ANACOSTIA ARTS CENTER 11 AM - 7 PM o EVENT DETAILS: 68 PARTICIPANTS TECHNICAL ASSISTANCE - ONE-ON-ONE TECHNICAL ASSISTANCE SPECIFIC TO THE NEEDS OF THEIR BUSINESS: THE BUSINESS DEVELOPMENT CENTER (SBDC) - WITH MICHAEL BUTLER OFFERED FOUR (4) 1-HOUR SESSIONS FOLEY & LARDNER LLP OFFERED SIX (6) 30-MINUTE SESSIONS PANELS/SESSIONS: GWBCCS PRESIDENTS CIRCLE INFORMATION SESSION PRESENTED BY BOLA AUDENA, MBA, PMP, MBA GROWTH PARTNERS MANAGING PARTNER SBA BUSINESS MODEL CANVAS - VALUE PROPOSITION CANVAS PRESENTED BY DAVID HINCAPIE, LENDER RELATIONS SPECIALIST, VETERAN BUSINESS DEVELOPMENT OFFICER LEGISLATIVE LUNCH SERIES REPRESENTATIVE OYE HOW TO DO BUSINESS WITH THE AIRPORT AUTHORITY: ACCESS TO CONTRACTING ACCESS TO CONCESSIONS PRESENTED BY FRAPORT SECURING CAPITAL: BEST TIPS TO APPLY FOR FINANCING W/THE EAGLEBANK TEAM DOING BUSINESS WITH UNITED AIRLINES MEET THE PRIMES: CLARK, SUFFOLK, TURNER, WHITTING-TURNER OPEN HOUSE RECEPTION TANISHA LEWIS, VICE PRESIDENT OF DIVERSITY, INCLUSION, AND SOCIAL IMPACT MWAA RESOURCE TABLES DEPARTMENT OF INSURANCE, SECURITIES AND BANKING (DISB) DEPARTMENT OF LICENSING AND CONSUMER PROTECTION (DLCP) COALITION FOR NON-PROFIT HOUSING AND ECONOMIC DEVELOPMENT (CNHED) BUSINESS WEBINARS AND PANEL DISCUSSIONS MONEY SMART MONDAYS (WEBINAR SERIES) - SMALL BUSINESS ASSOCIATION (SBA) PRESENTED IN PARTNERSHIP WITH THE SBA PRESENTED BY: DAVID HINCAPIE, LENDER RELATIONS SPECIALIST, VETERAN BUSINESS DEVELOPMENT OFFICER WASHINGTON METROPOLITAN AREA DISTRICT OFFICE, U.S. SMALL BUSINESS ADMINISTRATION o TOPICS INCLUDE: RECORD KEEPING BANKING SERVICES: BANKING PARTNERS BUILDING CREDIT FINANCIAL MANAGEMENT EVENT STATS: o TOTAL # OF WEBINARS = 6 o SUM OF REGISTRANTS/ATTENDEES = 466 o COST TO RUN PROGRAMING - FREE W/SBA PARTNERSHIP o SHARING ON A LARGER SCALE, THE REGISTRATION AND ATTENDANCE INCREASED CONSISTENTLY. GWBCC & EAGLEBANK SMALL BUSINESS (WEBINAR SERIES) IN PARTNERSHIP WITH EAGLEBANK PRESENTED BY MACEO CLARK (MODERATOR), V
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EXECUTIVE MANAGEMENT REVIEWS THE 990 IN DETAIL PRIOR TO SUBMITTING TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL.
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