San Carlos Chamber of Commerce

EIN: 941074734

San Carlos, CA

Total Revenue
$3,767
Total Expenses
$12,363
Total Assets
N/A
Net Assets
N/A
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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
1926
Legal Domicile
CA
Principal Officer
Thomas Davids
Phone
6505931068
Tax Period
2021-01-01 to 2021-12-31

San Carlos Chamber of Commerce, founded in 1926, is a micro nonprofit that reported $4K in total revenue in fiscal year 2021. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $12K exceeded revenue, resulting in a 228% operating deficit.

Mission

To ensure a vital local economy through:Economic Development activitiesBusiness support & promotionAdvocacy on business issues and to enhance the quality of life in San Carlos by promoting the City, its assets, and its strengths.**To promote our member businesses, their products and services, via our online Business Directory 24/7; through our printed San Carlos Community and Business Directory; with our monthly newsletter,and by personal contact with other business owners.**To assist local businesses as needed for their success through seminars, workshops and counseling as well as offering free business counseling in our office through the services of SCORE (the Service Corps of Retired Executives part of the Small Business Administration)**To provide networking opportunities for local and regional businesses to meet, exchange ideas and foster new business relationship**To work with our business partners to influence legal and political issues that impact the business community**To se

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $3,767
TOTAL REVENUE $3,767

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $12,363
TOTAL EXPENSES $12,363

Year-over-Year Comparison

2021 2020 Change
Revenue $3,767 $105,118 -1.0%
Expenses $12,363 $207,026 -0.9%
Net Income $-8,596 $-101,908 -0.9%
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
18
Independent Members
18
Employees
N/A
Volunteers
300

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Attached list of Board Members N/A 0.00
Director
$0 $0 $0
Thomas Davids CEO 40.00
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 $3,767 $12,363 No data $-8,596
2020 $105,118 $207,026 $9,672 $-101,908
2019 $386,182 $454,092 $124,152 $-67,910
2018 $364,425 $464,217 $195,947 $-99,792
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