ARLINGTON, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC, founded in 2003, is a micro nonprofit in the Community Improvement sector that reported $20K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $46K exceeded revenue, resulting in a 127% operating deficit.
SERVE AS A SUPPORTING ORGANIZATION TO THE ARLINGTON CHAMBER OF COMMERCE AND TO LESSEN THE BURDENS OF THE ARLINGTON LOCAL GOVERNMENT WITH RESPECT TO MATTERS OF ECONOMIC DEVELOOPMENT AND URBAN LAND USE AND TO PROVIDE EDUCATION TO THE PUBLIC ABOUT LOCAL GOVERNMENT. FORM 990, PART VI, LINE 6 - CLASSES OF MEMBERS OR STOCKHOLDERS ORGANIZED WITH MEMBERS FORM 990, PART VI, LINE 7A - ELECTION OF MEMBERS AND THEIR RIGHTS THERE IS A NOMINATION PROCESS EVERY YEAR TO ELECT THE BOARD OF DIRECTOS. MEMBERS AND EMPLOYEES CAN MAKE RECOMMENDATIONS. FORM 990, PART VI, LINE 7B - DECISIONS SUBJECT TO APPROVAL OF MEMBERS DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO A VOTE BY THE BOARD. FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY IS DISTRIBUTED AT YEAR END AND THE BOARD OF DIRECTOS VOTES ON ANY CHANGES AND THEY APPROVE THE POLICY, AND BOARD MEMBERS SIGN AN ACKNOWLEDGEMENET.
SUPPORTING ORGANIZATION OF THE ARLINGTON CHAMBER-MAKES GRANTS TO THE ARLINGTON CHAMBER OF COMMERCE AND OTHER LOCAL ORGANIZATIONS TO FUND ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT PROGRAMS.
THE ARLINGTON CHAMBER OF COMMERCE FOUNDATION FOSTERS ECONOMIC AND COMMUNITY PROSPERITY IN THE GREATER ARLINGTON AREA. TO ACHIEVE THE MISSION, THE FOUNDATION RAISES AND RENDERS FINANCIAL SUPPORT FOR...
THE ARLINGTON CHAMBER OF COMMERCE FOUNDATION FOSTERS ECONOMIC AND COMMUNITY PROSPERITY IN THE GREATER ARLINGTON AREA. TO ACHIEVE THE MISSION, THE FOUNDATION RAISES AND RENDERS FINANCIAL SUPPORT FOR COMMUNITY PROJECTS, AS IDENTIFIED THROUGH THE ARLINGTON CHAMBER'S STRATEGIC OBJECTIVES, INCLUDING EDUCATION AND WORKFORCE DEVELOPMENT, REDEVELOPMENT AND REVITALIZATION, COMMUNITY PLANNING, AND GENERAL WELL-BEING INITIATIVES.
ARTS & ENTERTAINMENT SUPPORT-ELEVATES THE MULTI-CULTURAL TALENT FOUND IN ARLINGTON; DELIVERS AN "OPEN-TO-ALL" FREE WHOLESOME, FAMILY EXPERIENCE; UNIFIES THE COMMUNITY THROUGH STRONG PARTNERSHIPS...
ARTS & ENTERTAINMENT SUPPORT-ELEVATES THE MULTI-CULTURAL TALENT FOUND IN ARLINGTON; DELIVERS AN "OPEN-TO-ALL" FREE WHOLESOME, FAMILY EXPERIENCE; UNIFIES THE COMMUNITY THROUGH STRONG PARTNERSHIPS; INTRODUCES THOUSANDS OF VISITORS TO ARLINGTON; AND GENERATES REVENUE IN A NON- TRADITIONAL TRAVEL PERIOD OF THE YEAR FOR LOCAL BUSINESSES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $20,048 | $23,426 | -0.1% |
| Expenses | $45,500 | $37,861 | +0.2% |
| Net Income | $-25,452 | $-14,435 | +0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL JACOBSON | PRESIDENT/CE | 40.00 |
Officer
Director
|
$0 | $28,511 | $280,876 |
| DON DUKE | CHAIRMAN | 1.00 |
Director
|
$0 | $0 | $0 |
| TERRY GAINES | TREASURER | 1.00 |
Director
|
$0 | $0 | $0 |
| DARLA PEZNELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM MAIBACH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CINDY SALTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $20,048 | $45,500 | $60,488 | $-25,452 |
| 2023 | $23,426 | $37,861 | $85,940 | $-14,435 |
| 2022 | $55,637 | $52,325 | $100,375 | $3,312 |
| 2021 | $43,283 | $43,825 | $97,063 | $-542 |
| 2020 | $53,403 | $38,158 | $97,605 | $15,245 |
| 2019 | $31,384 | $133,104 | $92,360 | $-101,720 |
| 2018 | $32,125 | $253,000 | $184,080 | $-220,875 |
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