GREATER HOUSTON LESBIAN GAY BISEXUAL TRANSGENDER CHAMBER OF COM (EIN 811341289) - 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

TAMMI WALLACE

Phone

8325103002

Tax Period

2023-01-01 to 2023-12-31

GREATER HOUSTON LESBIAN GAY BISEXUAL TRANSGENDER CHAMBER OF COM, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $669K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

THE GREATER HOUSTON LGBT CHAMBER OF COMMERCE ACCELERATES ECONOMIC OPPORTUNITY FOR THE LESBIAN, GAY, BISEXUAL, TRANSGENDER, QUEER + BUSINESS COMMUNITY THROUGH A STRONG NETWORK OF BUSINESS ALLIES, INNOVATIVE PROGRAMS, STRATEGIC PARTNERSHIPS AND ADVANCE POLICIES THAT FOSTER ECONOMIC INCLUSION AND EQUALITY.

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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 $100,912

Program Service Revenue $564,050

Investment Income $0

Other Revenue $4,304

TOTAL REVENUE $669,266

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $703,581

TOTAL EXPENSES $703,581

Year-over-Year Comparison

	2023	2022	Change
Revenue	$669,266	$540,610	+0.2%
Expenses	$703,581	$461,873	+0.5%
Net Income	$-34,315	$78,737	-1.4%

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

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

$146,000

Total Directors

$146,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAMMI WALLACE	PRESIDENT AN	60.00	Officer Director	$146,000	$0	$146,000
SHENICE BROWN	BOARD CHAIR	4.00	Officer Director	$0	$0	$0
THOMAS LOPEZ	BOARD VICE C	2.00	Officer Director	$0	$0	$0
TIFFANY TOSH	BOARD SECRET	4.00	Officer Director	$0	$0	$0
STEPHEN MIRANDA	AT LARGE DIR	2.00	Director	$0	$0	$0
JASON ROCHA	AT LARGE DIR	2.00	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	$669,266	$703,581	$201,969	$-34,315
2022	$540,610	$461,873	$236,284	$78,737
2021	$235,293	$219,553	$157,547	$15,740

GREATER HOUSTON LESBIAN GAY BISEXUAL TRANSGENDER CHAMBER OF COM