GE CHAMBER FOUNDATION (EIN 824824489) - 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

2018

Legal Domicile

Phone

3127688573

Tax Period

2024-01-01 to 2024-12-31

GE CHAMBER FOUNDATION, founded in 2018, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 399% from the prior year, signaling strong growth momentum. The organization ran a surplus of $278K, a strong 20% operating margin.

Mission

THE GE CHAMBER FOUNDATION MISSION IS TO USE AN ASSET-BASED APPROACH TO EQUITABLY FUND BLACK AND BROWN BUSINESSES, PLACING THEM AT THE CENTER OF THE SMALL BUSINESS ECOSYSTEM, BY ADVOCATING FOR CHANGES TO ECONOMIC DEVELOPMENT AND SERVING AS A TRUSTED, CREDITBLE, AND RELIABLE SOURCE OF SUPPORT RELEVANT TO THE INDIVIDUALIZED NEEDS OF SMALL BUSINESSES. THE GREATER ENGLEWOOD (GE) CHAMBER FOUNDATION IS THE SISTER ORGANIZATION OF THE GREATER ENGLEWOOD CHAMBER OF COMMERCE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,415,993

Program Service Revenue $10,000

Investment Income $0

Other Revenue $327

TOTAL REVENUE $1,426,320

Expense Breakdown

Grants Paid $0

Salaries & Benefits $280,621

Fundraising Expenses $90,556

Program Expenses $841,045

Other Expenses $867,258

TOTAL EXPENSES $1,147,879

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,426,320	$285,564	+4.0%
Expenses	$1,147,879	$332,466	+2.5%
Net Income	$278,441	$-46,902	-6.9%

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

$66,444

Total Directors

$66,444

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FELICIA SLATON-YOUNG	INTER. CHAIR/ED	40.00	Officer Director	$64,044	$2,400	$66,444
NANETTE TUCKER	Secretary	1.00	Officer Director	$0	$0	$0
CASSANDRA SNEED	Treasurer	1.00	Officer Director	$0	$0	$0
DONELLE LAYNE	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	$1,426,320	$1,147,879	$978,743	$278,441
2024	No data	No data	No data	No data
2023	$285,564	$332,466	$303,107	$-46,902
2023	$285,564	$332,466	$303,107	$-46,902
2022	$311,762	$199,314	$373,210	$112,448
2021	$327,841	$556,615	$230,216	$-228,774
2020	$1,025,920	$583,141	$449,728	$442,779

GE CHAMBER FOUNDATION