BEACHWOOD CHAMBER OF COMMERCE (EIN 341684237) - 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

1991

Legal Domicile

Principal Officer

BRIAN FRIEDMAN

Phone

2168310003

Tax Period

2021-01-01 to 2021-12-31

BEACHWOOD CHAMBER OF COMMERCE, founded in 1991, is a micro nonprofit that reported $99K in total revenue in fiscal year 2021. Expenses of $122K exceeded revenue, resulting in a 24% operating deficit.

Mission

PROVIDE SUPPORT FOR LOCAL BUSINESSES AND CONNECTS ITS MEMBER BUSINESSES TO THE COMMUNITY AND OTHER LOCAL BUSINESSES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $54,674

Program Service Revenue $30,159

Investment Income $34

Other Revenue $14,118

TOTAL REVENUE $98,985

Expense Breakdown

Grants Paid $1,356

Salaries & Benefits $63,225

Fundraising Expenses $0

Program Expenses $61,794

Other Expenses $57,892

TOTAL EXPENSES $122,473

Year-over-Year Comparison

	2021	2020	Change
Revenue	$98,985	$93,122	+0.1%
Expenses	$122,473	$91,432	+0.3%
Net Income	$-23,488	$1,690	-14.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN FRIEDMAN	PRESIDENT	5.00	Officer Director	$0	$0	$0
TIM WILLIAMS	SECRETARY	2.00	Officer Director	$0	$0	$0
CHRISTOPHER TRUAX	TREASURER	5.00	Officer Director	$0	$0	$0
SCOTT MORRISON	DIRECTOR	1.00	Director	$0	$0	$0
DONNAMARIE COOK	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL GRAY	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT HARDIS	DIRECTOR	1.00	Director	$0	$0	$0
JUWANNA WILLIAMS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN NEWBURGER	DIRECTOR	1.00	Director	$0	$0	$0
ALAN PAPA	DIRECTOR	1.00	Director	$0	$0	$0
LOZELL SILER	DIRECTOR	1.00	Director	$0	$0	$0
PAUL FLOWERS	DIRECTOR	1.00	Director	$0	$0	$0
LYNN JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
JAY ROSKY	DIRECTOR	1.00	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
2021	$98,985	$122,473	$10,974	$-23,488
2020	$93,122	$91,432	$26,370	$1,690
2020	$91,117	$91,382	$27,118	$-265
2019	$126,023	$99,409	$36,486	$26,614
2018	$150,158	$138,131	$9,151	$12,027

BEACHWOOD CHAMBER OF COMMERCE