Greater Englewood Chamber of Commerce (EIN 300964184) - 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

2017

Legal Domicile

Phone

3127688573

Tax Period

2024-01-01 to 2024-12-31

Greater Englewood Chamber of Commerce, founded in 2017, is a small nonprofit in the Employment sector that reported $140K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $179K exceeded revenue, resulting in a 27% operating deficit.

Mission

To transform Greater Englewood into a popular commercial and retail destination by advising, developing and showcasing its established businesses and acting as a comprehensive economic development partner.

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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 (2024)

Revenue Breakdown

Contributions & Grants $140,232

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $140,232

Expense Breakdown

Grants Paid $0

Salaries & Benefits $85,004

Fundraising Expenses $0

Other Expenses $93,734

TOTAL EXPENSES $178,738

Year-over-Year Comparison

	2024	2023	Change
Revenue	$140,232	$196,954	-0.3%
Expenses	$178,738	$231,320	-0.2%
Net Income	$-38,506	$-34,366	+0.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Felicia Slaton-Young	President	40.00	Director	$0	$0	$0
Donnell Layne	Director	0.00	Director	$0	$0	$0
Jodie Lawton	Director	0.00	Director	$0	$0	$0
Oyedamola Kale	Director	0.00	Director	$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	$140,232	$178,738	$82,433	$-38,506
2023	$196,954	$231,320	$126,400	$-34,366
2022	$223,005	$176,786	$183,710	$46,219
2021	$271,540	$159,020	$134,064	$112,520
2020	$94,544	$95,249	$21,256	$-705

Greater Englewood Chamber of Commerce