FOREST HILLS CHAMBER OF COMMERCE OF QUEENS INC (EIN 113200313) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

LESLIE BROWN

Phone

7182686565

Tax Period

2022-03-01 to 2023-02-28

FOREST HILLS CHAMBER OF COMMERCE OF QUEENS INC, founded in 1994, is a micro nonprofit that reported $75K in total revenue in fiscal year 2022. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $86K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO INFORM AND PROMOTE BUSINESS TO FOREST HILLS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $24,260

Program Service Revenue $50,969

Investment Income $2

Other Revenue $0

TOTAL REVENUE $75,231

Expense Breakdown

Grants Paid $0

Salaries & Benefits $39,240

Fundraising Expenses $0

Program Expenses $72,691

Other Expenses $47,243

TOTAL EXPENSES $86,483

Year-over-Year Comparison

	2022	2021	Change
Revenue	$75,231	$62,363	+0.2%
Expenses	$86,483	$56,183	+0.5%
Net Income	$-11,252	$6,180	-2.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$36,336

Total Directors

$36,336

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LESLIE BROWN	EXECUTIVE DI	30.00	Officer Director	$34,236	$2,100	$36,336
MARLA CORNEJO	DIRECTOR	0.25	Director	$0	$0	$0
TED LEHMANN	DIRECTOR	0.25	Director	$0	$0	$0
RICHARD LEE	DIRECTOR	0.25	Director	$0	$0	$0
JUDI NICHOLS	DIRECTOR	0.25	Director	$0	$0	$0
STEVE MELNICK	TREASURER	0.25	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$75,231	$86,483	$61,608	$-11,252
2022	$62,363	$56,183	$71,361	$6,180
2021	$9,666	$40,365	$46,200	$-30,699
2020	$125,148	$119,450	$63,875	$5,698
2019	$97,047	$108,262	$53,945	$-11,215
2018	$97,588	$102,454	$62,485	$-4,866

FOREST HILLS CHAMBER OF COMMERCE OF QUEENS INC