Civic Intelligence

Ethio-American Chamber of Commerce Inc

EIN 83-3229894 • 501(c)6 • Silver Spring, MD

990-N CoverageNTEE S41

Profile

CHAMBER OF COMMERCE

8701 Georgia Ave Ste 601Silver Spring, MD 20910

ethioamericanchamber.com

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

NTEE S41 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

56th percentile

0.00x

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

NTEE S41 • <$500k nonprofits • Source year 2023

Net Margin

22nd percentile

-15%

Higher net margin than 22% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

NTEE S41 • <$500k nonprofits • Source year 2023

Asset Growth

14th percentile

-34%

Faster asset growth than 14% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

501%

Faster revenue growth than 98% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$4,301

Down $2,191 (-34%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$4,301

Down $2,191 (-34%) from 2022

Operations
Liabilities / Revenue56th percentileNet Margin22nd percentile

Revenue

Up

$14,278

Up $11,903 (+501%) from 2022

Expenses

Up

$16,469

Up $15,013 (+1031%) from 2022

Net Income

Down

-$2,191

Down $3,110 (-338%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2022: $6,492Liabilities 2022: $0Net Assets 2022: $6,4922022Assets 2023: $4,301Liabilities 2023: $0Net Assets 2023: $4,3012023

Highlighted filing

2023

Assets$4,301
Liabilities$0
Net Assets$4,301
Open 2023 Filing

Operations Trend

Revenue Growth98th percentile

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

$20K$15K$10K$5.0K$0-$5.0KRevenue 2022: $2,375Expenses 2022: $1,456Net Income 2022: $9192022Revenue 2023: $14,278Expenses 2023: $16,469Net Income 2023: -$2,1912023

Highlighted filing

2023

Revenue$14,278
Expenses$16,469
Net Income-$2,191
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,301
Liabilities
$0
Net assets
$4,301
Revenue
$14,278
Expenses
$16,469
Net income
-$2,191
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$4.30$0.00$4.30$14.3$16.5$2.19
2022Detailed filing. Detailed filing data is available for this year.$6.49$0.00$6.49$2.38$1.46$0.92
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 4, 2024
Return Version
2023v5.0
Gross Receipts
$14,278
Mission and Program Overview

Mission

CHAMBER OF COMMERCE

Program Services

DescriptionGrantsExpenses
CREATED A STRONG NETWORK BETWEEN ETHIO-AMERICAN BUSINESSES--
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AWOKE ABEBEPresidentPT$0--
ASNAKE NEGUSSIEVice PresidentPT$0--
SELAMAWIT TEFERATreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Ethio American Chamber of Commerce
EIN
83-3229894
Address
8701 GEORGIA AVE STE 601, SILVER SPRING, MD 20910

Signing Officer

Name
Selamawit Tefera
Title
Treasury
Phone
2404253821
Signed
2024-04-04
Discuss with paid preparer
No

Preparer

Firm
Amazon Consulting LLC
Address
914 Silver Spring Ave Ste 106, Silver Spring, MD 20910
Preparer
Melesse Yemane
Phone
2406411515
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountadvertising 1,848program service expenses 8,932”

Raw XML Appendix123 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/PersonNm0SELAMAWIT TEFERA
IRS990EZ/BooksInCareOfDetail/PhoneNum02404253821
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt014700 CLAUDE LN
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SILVER SPRING
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020905
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06492
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04301
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01940
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2191
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06492
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04301
IRS990EZ/GrossReceiptsAmt014278
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt012338
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06492
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04301
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06492
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04301
IRS990EZ/OccupancyRentUtltsAndMaintAmt02940
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt08.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt18.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt28.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AWOKE ABEBE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ASNAKE NEGUSSIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SELAMAWIT TEFERA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt010780
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHAMBER OF COMMERCE
IRS990EZ/PrintingPublicationsPostageAmt02749
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CREATED A STRONG NETWORK BETWEEN ETHIO-AMERICAN BUSINESSES
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt016469
IRS990EZ/TotalRevenueAmt014278
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt014279
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02375
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt016654
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt016654
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt014279
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02375
IRS990ScheduleA/Total509Grp/TotalAmt016654
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt014279
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02375
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt016654
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTADVERTISING 1,848PROGRAM SERVICE EXPENSES 8,932
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0SELAMAWIT TEFERA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURY
ReturnHeader/BusinessOfficerGrp/PhoneNum02404253821
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ETHIO AMERICAN CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0ETHI
ReturnHeader/Filer/EIN0833229894
ReturnHeader/Filer/USAddress/AddressLine1Txt08701 GEORGIA AVE STE 601
ReturnHeader/Filer/USAddress/CityNm0SILVER SPRING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020910
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0853978610
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AMAZON CONSULTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0914 Silver Spring Ave Ste 106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Silver Spring
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020910
ReturnHeader/PreparerPersonGrp/PhoneNum02406411515
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Melesse Yemane
ReturnHeader/ReturnTs02024-05-02T10:17:07-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SELAMAWIT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TEFERA
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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