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Virginia · Nonprofit

VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM

VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM (Virginia) receives grants from 2 organizations whose IRS filings report $5,036 to it, the largest being DOMINION ENERGY CHARITABLE FOUNDATION ($5,000). 1 of them have funded it in more than one year.

Revenue FY2024
$213k
Funders on record
2
Grants received
$5k
Net assets
$-63706
1/2 repeat funderspeak grant-dependency 0%
01What it does

What Virginia Alliance for Business Commerce and Comm does

Programs

  1. Entrepreneurship & small business development a netowkring initiative that bridges the gap in wealth by connecting black owned businesses to consumers throughout the community.

    $86,153 spent$41,478 earned by the program
    55% of program spending
  2. Education & training program to encourage new business owners and help further black businesses.

    $40,373 spent$16,071 earned by the program
    26% of program spending
  3. Va black business directory organizations and businesses are listed in the directory. The vabbd has continued to increase business membership through various opportunities

    $14,961 spent$119,494 earned by the program
    10% of program spending
  4. Community engagment and professional networkingto encourgage business networking and promote black tourism

    $12,750 spent$1,923 earned by the program
    8% of program spending
  5. Black tourismto increase black tourism to the richmond area

    $1,197 spent
    1% of program spending
  6. Womens programsto help woman business owners accelerate and achieve business success

    $1,500 earned by the program

The 6 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $155,434.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($46k) Expenses 100 ($28k) Net assets 100 ($18k)2021 Revenue 311 ($143k) Expenses 559 ($159k) Net assets 9 ($2k)2022 Revenue 474 ($219k) Expenses 937 ($267k) Net assets -264 ($-46481)2023 Revenue 668 ($308k) Expenses 1269 ($361k) Net assets -570 ($-100260)2024 Revenue 463 ($213k) Expenses 621 ($177k) Net assets -362 ($-63706)
20202021202220232024
Revenue (463)Expenses (621)Net assets (-362)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $18k to $2k (−91%).

$18k
$2k
$7k
$3k
$8k
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

15% of VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

$18k
’20
−$16k
’21
−$48k
’22
−$54k
’23
$37k
’24
0.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202220232024
Listed564
Joined·+1+0
No longer listed·02
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income rose $12 → $24.

Funder
'22
'23
'24*
total
funders
1
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM's grant income comes from Virginia funders.

VA

Funder states come from each funder’s own filing. $36 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM has grown faster than three-quarters of the 11,971 community improvement nonprofits its size.

Operating margin17% · above the median
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)47% · top quartile

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 11%Fundraising 1%

Governance

8
board members
88%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Va Black Chamber of Commerce · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM?
VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM (Virginia) receives grants from 2 organizations whose IRS filings report $5,036 to it, the largest being DOMINION ENERGY CHARITABLE FOUNDATION ($5,000). 1 of them have funded it in more than one year.
How many funders does VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM have?
IRS filings report 2 organizations giving $5,036 in grants to VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM, 1 of which have funded it in more than one year.
Who is the largest funder of VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM?
DOMINION ENERGY CHARITABLE FOUNDATION is the largest funder on record, with $5,000 in grants. The full list of funders is on this page.
How can an organization like VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMM find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Virginia Alliance for Business Commerce and Comm →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing