MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP (EIN 825358122) - 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

Principal Officer

ISAAC BAZBAZ

Phone

7083439500

Tax Period

2023-01-01 to 2023-12-31

MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $352K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $95K, a strong 27% operating margin.

Mission

THE MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT MISSION AS A NON-PROFIT IS TO PROVIDE ECONOMIC OPPRTUNITIES IN MELROSE PARK, ILLINOIS.

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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 $347,621

Program Service Revenue $0

Investment Income $4,247

Other Revenue $0

TOTAL REVENUE $351,868

Expense Breakdown

Grants Paid $2,200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $256,798

Other Expenses $254,718

TOTAL EXPENSES $256,918

Year-over-Year Comparison

	2023	2022	Change
Revenue	$351,868	$269,063	+0.3%
Expenses	$256,918	$224,188	+0.1%
Net Income	$94,950	$44,875	+1.1%

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
DOUG OLSON	Chairman	10.00	Director	$0	$0	$0
JACK STONEBRAKER	Chairman	10.00	Director	$0	$0	$0
ISAAC BAZBAZ	Executive Dir.	30.00	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	$351,868	$256,918	$225,389	$94,950
2022	$269,063	$224,188	$130,439	$44,875

MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP