CLEVELANDBRADLEY CHAMBER FOUNDATION (EIN 510168660) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

MIKE GRIFFIN

Phone

4234726587

Tax Period

2024-01-01 to 2024-12-31

CLEVELANDBRADLEY CHAMBER FOUNDATION, founded in 1975, is a micro nonprofit that reported $77K in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $143K exceeded revenue, resulting in a 87% operating deficit.

Mission

ADVANCING AND DISSEMENATING KNOWLEDGE AND UNDERSTANDING BY THE UNDERTAKING OF STUDIES AND RESEARCH, COMPILATION OF THE RESULTS THEREOF, AND PUBLICATION THROUGH ANY APPROPRIATE MEDIA; THE CONDUCT OF TRAINING COURSES, SEMINARS, DISCUSSION GROUPS, FORUMS, PANELS OR LECTURES, AND THE LIKE; AND ANY ACTIVITY WHICH TENDS TO PROMOTE UNDERSTANDING, UNIFICATION OR IMPROVED RELATIONSHIPS BETWEEN DIFFERENT ECONOMIC OR SOCIAL GROUPS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $54,031

Program Service Revenue $0

Investment Income $22,088

Other Revenue $675

TOTAL REVENUE $76,794

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $140,062

Other Expenses $143,486

TOTAL EXPENSES $143,486

Year-over-Year Comparison

	2024	2023	Change
Revenue	$76,794	$200,093	-0.6%
Expenses	$143,486	$153,292	-0.1%
Net Income	$-66,692	$46,801	-2.4%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

$161,772

Total Directors

$161,772

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRITTANY KATZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRIAN WORKMAN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
MIKE GRIFFIN	EXEC. VICE P	40.00	Officer Director	$0	$20,255	$161,772
KENNETH DEW	TREASURER	1.00	Officer Director	$0	$0	$0
BRAD BENTON	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG CALFEE	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHANIE LINKOUS	BOARD MEMBER	1.00	Director	$0	$0	$0
BOB MCINTIRE	BOARD MEMBER	1.00	Director	$0	$0	$0
PAMELA NELSON	BOARD MEMBER	1.00	Director	$0	$0	$0
LYLE SWARTZEL	BOARD MEMBER	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
2024	$76,794	$143,486	$905,491	$-66,692
2023	$200,093	$153,292	$972,183	$46,801
2022	$274,203	$319,259	$925,382	$-45,056
2021	$331,591	$108,949	$970,438	$222,642
2020	$298,945	$242,746	$747,796	$56,199
2019	$451,865	$264,988	$691,597	$186,877
2018	$206,489	$274,939	$506,470	$-68,450

CLEVELANDBRADLEY CHAMBER FOUNDATION