THE GREATER GLENDALE CHAMBER OF CO… - Form 990 Financial Data

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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

1999

Legal Domicile

Principal Officer

JEFF ALLEN

Phone

3035844180

Tax Period

2024-01-01 to 2024-12-31

THE GREATER GLENDALE CHAMBER OF COMMERCE, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $345K in total revenue in fiscal year 2024.

Mission

CHAMBER OF COMMERCE. THE ORGANIZATION'S FUNCTION IS TO PROMOTE BUSINESSES LOCATED IN THE CITY OF GLENDALE, CO.

Program Service Accomplishments

Program 1

THE ORGANIZATION'S FUNCTION IS TO PROMOTE BUSINESSES LOCATED IN THE CITY OF GLENDALE, COLORADO.

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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 $302,129

Program Service Revenue $40,345

Investment Income $80

Other Revenue $2,320

TOTAL REVENUE $344,874

Expense Breakdown

Grants Paid $0

Salaries & Benefits $121,727

Fundraising Expenses $0

Other Expenses $232,031

TOTAL EXPENSES $353,758

Year-over-Year Comparison

	2024	2023	Change
Revenue	$344,874	$353,603	0.0%
Expenses	$353,758	$361,643	0.0%
Net Income	$-8,884	$-8,040	+0.1%

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

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

$76,000

Total Directors

$11,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF ALLEN	COO	40.00	Officer	$76,000	$0	$76,000
MARK SMILEY	Director	1.00	Director	$5,250	$0	$5,250
CHARLES BONNIWELL	Director	1.00	Director	$1,500	$0	$1,500
BARRET O'BRIEN	Director	1.00	Director	$1,500	$0	$1,500
BARBARA BOWN WYATT	Director	1.00	Director	$1,375	$0	$1,375
DAVID PETERSON	Director	1.00	Director	$1,250	$0	$1,250
MICHAEL DUNAFON	Director	1.00	Director	$375	$0	$375
STORM GLOOR	Director	1.00	Director	$0	$0	$0
DEBORAH DUNAFON	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	$344,874	$353,758	$71,821	$-8,884
2023	$353,603	$361,643	$81,949	$-8,040
2022	$340,602	$318,948	$95,781	$21,654
2021	$325,913	$308,009	$69,045	$17,904
2020	$310,275	$291,716	$48,422	$18,559
2019	$297,369	$336,174	$42,796	$-38,805
2018	$334,085	$340,206	$75,342	$-6,121

THE GREATER GLENDALE CHAMBER OF COMMERCE