Ethnic Chamber of Commerce Coalition (EIN 811023026) - 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

2016

Legal Domicile

Principal Officer

Mike Sotelo

Tax Period

2023-01-01 to 2023-12-31

Ethnic Chamber of Commerce Coalition, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $170K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $161K left a modest 6% surplus.

Mission

Promote the development and sharing of activities among ethnic chamber of commerce organizations, inform and educate ethnic business ccommunity about current policy changes, and participate in the discussion with government entities that may impact ethnic business.

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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 (2023)

Revenue Breakdown

Contributions & Grants $170,271

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $170,271

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $124,195

Other Expenses $160,600

TOTAL EXPENSES $160,600

Year-over-Year Comparison

	2023	2022	Change
Revenue	$170,271	$227,576	-0.3%
Expenses	$160,600	$208,404	-0.2%
Net Income	$9,671	$19,172	-0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lawrence Pang	Secretary	1.00	Officer	$0	$0	$0
Mike Sotelo	President	5.00	Officer	$0	$0	$0
Martha Lee	Treasurer	5.00	Officer	$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	$170,271	$160,600	$216,150	$9,671
2022	$227,576	$208,404	$206,479	$19,172
2021	$225,784	$193,852	$187,307	$31,932
2020	$217,828	$178,743	$155,375	$39,085
2019	$204,382	$162,442	$116,290	$41,940

Ethnic Chamber of Commerce Coalition