MIAMI-DADE GAY & LESBIAN CHAMBER OF COMMERCE INC (EIN 650997245) - 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

2000

Legal Domicile

Phone

3056734440

Tax Period

2023-01-01 to 2023-12-31

MIAMI-DADE GAY & LESBIAN CHAMBER OF COMMERCE INC, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $344K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

THE CHAMBERS MISSION IS TO PROMOTE A UNIFIED AND THRIVING, GAY AND GAY-FRIENDLY, BUSINESS & PROFESSIONAL COMMUNITY THROUGHOUT MIAMI-DADE COUNTY

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $343,782

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $343,782

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,562

Fundraising Expenses $138,846

Program Expenses $53,969

Other Expenses $183,469

TOTAL EXPENSES $362,031

Year-over-Year Comparison

	2023	2022	Change
Revenue	$343,782	$311,444	+0.1%
Expenses	$362,031	$214,612	+0.7%
Net Income	$-18,249	$96,832	-1.2%

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

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

$113,038

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE ADKINS	PRESIDENT	40.00	Officer	$113,038	$0	$113,038
MARTY DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
CINDY BROWN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE NEARY	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
2024	No data	No data	No data	No data
2023	$343,782	$362,031	$115,839	$-18,249
2022	$311,444	$214,612	$158,780	$96,832
2021	$287,666	$302,179	$153,190	$-14,513
2020	$253,836	$281,452	$17,802	$-27,616
2019	$420,063	$413,699	$38,895	$6,364
2018	$447,651	$450,057	$32,531	$-2,406

MIAMI-DADE GAY & LESBIAN CHAMBER OF COMMERCE INC