SOUTH DADE CHAMBER OF COMMERCE INC (EIN 590652495) - 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

1972

Legal Domicile

Principal Officer

Carlos Sobalvarro

Phone

3052472332

Tax Period

2021-10-01 to 2022-09-30

SOUTH DADE CHAMBER OF COMMERCE INC, founded in 1972, is a small nonprofit that reported $186K in total revenue in fiscal year 2021. Revenue decreased 13% compared to the prior year.

Mission

To strengthen the economy of South Miami-Dade County and enhance the quality of life for residents and visitors that will preserve and protect the American system of free competitive enterprise.

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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 $185,563

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $185,563

Expense Breakdown

Grants Paid $0

Salaries & Benefits $120,226

Fundraising Expenses $0

Program Expenses $0

Other Expenses $70,866

TOTAL EXPENSES $191,092

Year-over-Year Comparison

	2021	2020	Change
Revenue	$185,563	$213,183	-0.1%
Expenses	$191,092	$231,452	-0.2%
Net Income	$-5,529	$-18,269	-0.7%

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

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
Lynn Arguelles	Director	2.5	Director	$0	$0	$0
Richard Candia	Director	2.5	Director	$0	$0	$0
Karl Cetta	Director	2.5	Director	$0	$0	$0
Baldwyn English	Director	2.5	Director	$0	$0	$0
Linda Fagan	Director	2.5	Director	$0	$0	$0
Lisa Greer	Director	2.5	Director	$0	$0	$0
Lucia Soria	Director	2.5	Director	$0	$0	$0
Joseph Webb	Director	2.5	Director	$0	$0	$0
Sheryl Rice	Director	2.5	Director	$0	$0	$0
Kenneth Ross	Director	2.5	Director	$0	$0	$0
Victoria Thomas	Director	2.5	Director	$0	$0	$0
Fernando Cornejo	Director	2.5	Director	$0	$0	$0
Yordanka Rivero	Director	2.5	Director	$0	$0	$0
Yvonne Knowles	Director	2.5	Director	$0	$0	$0
Julio Guzman	Director	2.5	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
2022	$185,563	$191,092	$91,547	$-5,529
2021	$213,183	$231,452	$104,587	$-18,269
2020	$177,200	$200,045	$123,599	$-22,845
2019	$199,328	$189,719	$31,125	$9,609
2018	$98,703	$91,715	$117,837	$6,988

SOUTH DADE CHAMBER OF COMMERCE INC