CORCORAN CHAMBER OF COMMERCE (EIN 941329586) - Form 990 Financial Analysis & Trantor Score

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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

1941

Legal Domicile

Phone

5599924514

Tax Period

2023-01-01 to 2023-12-31

CORCORAN CHAMBER OF COMMERCE, founded in 1941, is a small nonprofit that reported $333K in total revenue in fiscal year 2023. Expenses of $389K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROMOTE AND IMPROVE COMMERCE IN THE CITY OF CORCORAN, CA.

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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 $328,051

Program Service Revenue $0

Investment Income $3

Other Revenue $4,547

TOTAL REVENUE $332,601

Expense Breakdown

Grants Paid $0

Salaries & Benefits $136,626

Fundraising Expenses $0

Program Expenses $320,743

Other Expenses $252,464

TOTAL EXPENSES $389,090

Year-over-Year Comparison

	2023	2022	Change
Revenue	$332,601	$332,569	+0.0%
Expenses	$389,090	$385,880	+0.0%
Net Income	$-56,489	$-53,311	+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

N/A

Employees

Volunteers

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANE GOMEZ	Director	2.00	Director	$0	$0	$0
ISAIAS RAMIREZ	Director	2.00	Director	$0	$0	$0
KATLYN SMITH	Director	2.00	Director	$0	$0	$0
STEVE BROWN	Director	2.00	Director	$0	$0	$0
ALISA GOMEZ	Director	2.00	Director	$0	$0	$0
SHEILA JAVAUX	Director	2.00	Director	$0	$0	$0
KRISTI HANSEN	Director	2.00	Director	$0	$0	$0
ANITA ROBY-STANDRIDGE	President	2.00	Officer Director	$0	$0	$0
PEDRO SANTANA	Director	2.00	Director	$0	$0	$0
GRANT KAPIGIAN	Director	2.00	Director	$0	$0	$0
CHRISTIAN DOMINGUEZ	Director	2.00	Director	$0	$0	$0
ROCHELLE VAN VELSON	Vice President	2.00	Officer Director	$0	$0	$0
DAVID JARVIS	Director	2.00	Director	$0	$0	$0
TINA BOTIL	Secretary/Treas	2.00	Officer Director	$0	$0	$0
DAVID VEGA	Director	2.00	Director	$0	$0	$0
FRED FIGEROA	Director	2.00	Director	$0	$0	$0
GREG GATZKA-EX-OFFICIO	Director	2.00	Director	$0	$0	$0
EDUARDO OCHOA EX-OFFICIO	Director	2.00	Director	$0	$0	$0
JOE FAULKNER EX-OFFICIO	Director	2.00	Director	$0	$0	$0
JASON MUSTAIN	Director	2.00	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	$332,601	$389,090	$66,690	$-56,489
2022	$332,569	$385,880	$123,179	$-53,311
2021	$321,350	$209,849	$199,259	$111,501

CORCORAN CHAMBER OF COMMERCE