Greater Grass Valley 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

1910

Legal Domicile

Principal Officer

Robin Galvan-Davies

Phone

5302734667

Tax Period

2023-01-01 to 2023-12-31

Greater Grass Valley Chamber of Commerce Incorporated, founded in 1910, is a small nonprofit that reported $275K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $324K exceeded revenue, resulting in a 18% operating deficit.

Mission

To serve community members by facilitating business development, promoting tourism and visitor direction, and presenting information that supports responsible business growth in our community.

Program Service Accomplishments

Program 1

The expansion of its involvement with all civic entities, other chambers, member nonprofits and media organizations to establish new and enrich existing relationships that through collaboration will...

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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 $300

Program Service Revenue $252,699

Investment Income $51

Other Revenue $21,477

TOTAL REVENUE $274,527

Expense Breakdown

Grants Paid $0

Salaries & Benefits $76,171

Fundraising Expenses $0

Other Expenses $248,296

TOTAL EXPENSES $324,467

Year-over-Year Comparison

	2023	2022	Change
Revenue	$274,527	$289,105	-0.1%
Expenses	$324,467	$234,048	+0.4%
Net Income	$-49,940	$55,057	-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

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	Role	Reportable Comp	Other Comp	Total
Suzanne Voter	Treasurer	Officer Director	$0	$0	$0
Machen Macdonald	Director	Director	$0	$0	$0
Steve Sanchez	Director	Director	$0	$0	$0
Robert Medlyn	Chair	Officer Director	$0	$0	$0
Jon Katis	Past Chair	Director	$0	$0	$0
Jay Strauss	Director	Director	$0	$0	$0
Ed Mertens	Director	Director	$0	$0	$0
Buckley Armacher	Director	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
2023	$274,527	$324,467	$245,839	$-49,940
2022	$289,105	$234,048	$265,016	$55,057
2021	$279,758	$274,792	$235,008	$4,966
2020	$232,986	$116,932	$215,832	$116,054
2019	$227,208	$203,431	$125,008	$23,777
2018	$247,439	$274,355	$101,442	$-26,916

Greater Grass Valley Chamber of Commerce Incorporated