Greeley Chamber of Com Foundation

EIN: 840957435 501(c)(3)

Greeley, CO

Total Revenue
$680,854
Total Expenses
$879,480
Total Assets
$66,888
Net Assets
$64,008
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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
2007
Legal Domicile
CO
Principal Officer
Jaime L Henning
Phone
9703523566
Tax Period
2021-01-01 to 2021-12-31

Greeley Chamber of Com Foundation, founded in 2007, is a small nonprofit that reported $681K in total revenue in fiscal year 2021. Expenses of $879K exceeded revenue, resulting in a 29% operating deficit.

Mission

Stimulate the Greeley Business Economy

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $10,344
Program Service Revenue $0
Investment Income $0
Other Revenue $670,510
TOTAL REVENUE $680,854

Expense Breakdown

Grants Paid $870,010
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $879,480
Other Expenses $9,470
TOTAL EXPENSES $879,480

Year-over-Year Comparison

2021 2020 Change
Revenue $680,854 $637,847 +0.1%
Expenses $879,480 $405,305 +1.2%
Net Income $-198,626 $232,542 -1.9%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jaime L Henning President 2.00
Officer
$0 $0 $0
Scott Warner Chairman 2.00
Officer
$0 $0 $0
Judy Hicks Treasurer 2.00
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
2021 $680,854 $879,480 $66,888 $-198,626
2020 $637,847 $405,305 $262,634 $232,542
2019 $40,405 $46,299 $30,092 $-5,894
2018 $56,730 $44,021 $35,986 $12,709
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