LOS ALTOS CHAMBER OF COMMERCE

EIN: 941198317

LOS ALTOS, CA

Total Revenue
$171,502
Total Expenses
$384,336
Total Assets
$140,792
Net Assets
$4,012
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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
1952
Legal Domicile
CA
Principal Officer
KIMBERLY MOSLEY
Phone
6509481455
Tax Period
2023-01-01 to 2023-12-31

LOS ALTOS CHAMBER OF COMMERCE, founded in 1952, is a small nonprofit that reported $172K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $384K exceeded revenue, resulting in a 124% operating deficit.

Mission

TO ENCOURAGE AND PROMOTE BUSINESSES AND TO STIMULATE A VIBRANT ECONOMY IN LOS ALTOS AND LOS ALTOS HILLS.

Program Service Accomplishments

Program 1

PREPARATION OF COMMUNITY GUIDE AND BUSINESS DIRECTORY OF CHAMBER MEMBERS AND DISTRIBUTION TO EVERY ADDRESS IN LOS ALTOS AND LOS ALTOS HILLS.

Program 2

MONTHLY BUSINESS MIXERS TO MAINTAIN BUSINESS RELATIONSHIPS WITH CHAMBER MEMBERS AND INTRODUCTION OF NEW MEMBERS.

Program 3

PROMOTION OF BUSINESS INTEREST TO LOCAL GOVERNMENT, SPONSOR A FORUM FOR COMMUNITY LEADERS AND GOVERNMENT REPRESENTATIVES AND SPONSOR BUSINESS ROUNDTABLE TO MONITOR LOCAL ECONOMIC ISSUES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $106,712
Program Service Revenue $143,050
Investment Income $2,062
Other Revenue $-80,322
TOTAL REVENUE $171,502

Expense Breakdown

Grants Paid $0
Salaries & Benefits $248,822
Fundraising Expenses $0
Other Expenses $135,514
TOTAL EXPENSES $384,336

Year-over-Year Comparison

2023 2022 Change
Revenue $171,502 $340,906 -0.5%
Expenses $384,336 $354,780 +0.1%
Net Income $-212,834 $-13,874 +14.3%
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
15
Independent Members
15
Employees
2
Volunteers
32

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
6
$190,801
Total Directors
14
$190,801
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY MOSLEY PRESIDENT 40.00
Officer Director
$190,801 $0 $190,801
RASHAD WILEY TREASURER 2.00
Officer Director
$0 $0 $0
TIM GIACOMINI CHAIR 2.00
Officer Director
$0 $0 $0
KHATCHING JINGIRIAN 1ST VICE CHAIR 2.00
Officer Director
$0 $0 $0
DIANA BAUTISTA 2ND VICE CHAIR 2.00
Officer Director
$0 $0 $0
ALICIA NUZZO DIRECTOR 1.00
Director
$0 $0 $0
TORI DRAEGER DIRECTOR 1.00
Director
$0 $0 $0
MIMI LY DIRECTOR 1.00
Director
$0 $0 $0
NELLIE MEYER DIRECTOR 1.00
Director
$0 $0 $0
LARS SMITH DIRECTOR 1.00
Director
$0 $0 $0
KATHY LERA DIRECTOR 1.00
Director
$0 $0 $0
ARVIND VEN DIRECTOR 1.00
Director
$0 $0 $0
TRACIE MURRAY PAST CHAIR 1.00
Officer Director
$0 $0 $0
LARRY CHU JR 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 No data No data No data No data
2023 $171,502 $384,336 $140,792 $-212,834
2022 $340,906 $354,780 $356,864 $-13,874
2021 $303,713 $294,425 $374,306 $9,288
2020 $170,805 $267,051 $367,444 $-96,246
2019 $270,846 $243,385 $319,002 $27,461
2018 $206,413 $233,169 $294,073 $-26,756
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