GREATER CANON CITY CHAMBER OF COMMERCE FOUNDATION INC

EIN: 203161502 501(c)(3) Education

CANON CITY, CO

Total Revenue
$22,737
Total Expenses
N/A
Total Assets
$21,019
Net Assets
$21,019
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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
2005
Legal Domicile
CO
Principal Officer
RICHARD MILLARD
Phone
7192752331
Tax Period
2023-01-01 to 2023-12-31

GREATER CANON CITY CHAMBER OF COMMERCE FOUNDATION INC, founded in 2005, is a micro nonprofit in the Education sector that reported $23K in total revenue in fiscal year 2023.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES. SPECIFICALLY, THE CORPORATION IS ORGANIZED TO IMPROVE THE LEVEL OF CITIZENSHIP, AND TO PROMOTE BUSINESS EDUCATION, COMMUNITY LEADERSHIP, COMMUNITY AND CULTURAL ARTS, AND OTHER QUALIFIED CHARITABLE PURPOSES FOR THE COMMUNITY. THE FOUNDATION WILL DO SO BY PROVIDING A BROAD RANGE OF PUBLIC CHARITABLE AND EDUCATION SERVICES TO THE PEOPLE IN THE COMMUNITY. THE PROGRAMS AND SERVICES SHALL BE ADMINISTERED AND MADE AVAILABLE WITHOUT REGARD TO THE RACE, CREED, COLOR, SEX, RELIGION, NATIONAL ORIGIN, ANCESTRY, AGE OR DISABILITY OF THE RECIPIENTS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $60,482
Program Service Revenue $0
Investment Income $5
Other Revenue $-37,750
TOTAL REVENUE $22,737

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $22,737 $21,921 +0.0%
Expenses N/A $3,035 -1.0%
Net Income N/A $18,886 N/A
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

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
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
2
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLA BRADDY DIRECTOR N/A
Director
$0 $0 $0
GAIL DEXTER DIRECTOR N/A
Director
$0 $0 $0
LAURI HAAK DIRECTOR N/A
Director
$0 $0 $0
SHAWN KAUFFMAN DIRECTOR N/A
Director
$0 $0 $0
ZACH KLUNGSETH DIRECTOR N/A
Director
$0 $0 $0
LORI LEONARD DIRECTOR N/A
Director
$0 $0 $0
ASHLEY SMITH DIRECTOR N/A
Director
$0 $0 $0
DEBBIE SOLKO PRESIDENT N/A
Director
$0 $0 $0
BOB STOVALL DIRECTOR N/A
Director
$0 $0 $0
ERIC THOMPSON DIRECTOR N/A
Director
$0 $0 $0
GERALD WILLIS DIRECTOR N/A
Director
$0 $0 $0
BRIAN KONTY PRESIDENT N/A
Officer
$0 $0 $0
RICHARD MILLARD EXECUTIVE DI N/A
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
2024 No data No data No data No data
2023 $22,737 No data $21,019 No data
2022 $21,921 $3,035 $22,562 $18,886
2019 $97,748 $25,009 $94,819 $72,739
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