BURBANK CHAMBER OF COMMERCE (EIN 950583680) - 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

1920

Legal Domicile

Principal Officer

JAMIE KEYSER THOMAS

Phone

8188463111

Tax Period

2024-01-01 to 2024-12-31

BURBANK CHAMBER OF COMMERCE, founded in 1920, is a small nonprofit that reported $497K in total revenue in fiscal year 2024. Expenses of $479K left a modest 4% surplus.

Mission

TO BE THE LEADING PUBLIC POLICY ADVOCATE FOR BUSINESS; TO PROMOTE ECONOMIC GROWTH; TO BE A STRATEGIC PARTNER IN INITIATIVES THAT ENHANCE AND PRESERVE THE QUALITY OF LIFE IN THE BURBANK COMMUNITY; AND TO PROVIDE VALUED SERVICES TO OUR MEMBERS THROUGH VARIOUS STANDING COMMITTEES, MEMBER REFERRALS, LEGAL EXPORT CERTIFICATIONS, AND VARIOUS PUBLICATIONS.

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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 $257,855

Program Service Revenue $45,963

Investment Income $3

Other Revenue $193,494

TOTAL REVENUE $497,315

Expense Breakdown

Grants Paid $0

Salaries & Benefits $264,312

Fundraising Expenses $0

Other Expenses $214,745

TOTAL EXPENSES $479,057

Year-over-Year Comparison

	2024	2023	Change
Revenue	$497,315	$515,959	0.0%
Expenses	$479,057	$454,648	+0.1%
Net Income	$18,258	$61,311	-0.7%

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

$110,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEMA SANCHEZ	DIRECTOR	5.00	Director	$0	$0	$0
DAVID KNIGHT	DIRECTOR	5.00	Director	$0	$0	$0
PAMELA MARCELLO	DIRECTOR	5.00	Director	$0	$0	$0
TERRY WALKER	DIRECTOR	5.00	Director	$0	$0	$0
IAN WATERHOUSE	DIRECTOR	5.00	Director	$0	$0	$0
ANGELA KHURDAJIAN	DIRECTOR	5.00	Director	$0	$0	$0
JOHNATHON PIMENTEL	DIRECTOR	5.00	Director	$0	$0	$0
DR MICHAEL WILLIAMS	SECRETARY	5.00	Director	$0	$0	$0
KIMBERLY WILLIAMS	DIRECTOR	5.00	Director	$0	$0	$0
KEVIN MCCARNEY	DIRECTOR	5.00	Director	$0	$0	$0
JENNIFER MASTERSON	VICE CHAIR PUBLIC AFFAIRS	5.00	Director	$0	$0	$0
DR JOAN MARQUES	DIRECTOR	5.00	Director	$0	$0	$0
PAUL HERMAN	BOARD CHAIR	5.00	Director	$0	$0	$0
URSULA MORAN	DIRECTOR	5.00	Director	$0	$0	$0
KEN SMITH	DIRECTOR	5.00	Director	$0	$0	$0
STEVE MORA	IMMEDIATE PAST CHAIR	5.00	Director	$0	$0	$0
GEORGE GERRO	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL WALBRECHT	DIRECTOR	5.00	Director	$0	$0	$0
RYAN CHATTERTON	DIRECTOR	5.00	Director	$0	$0	$0
TIM MURPHY	DIRECTOR	5.00	Director	$0	$0	$0
JUSTIN WORSHAM	DIRECTOR	5.00	Director	$0	$0	$0
CARMENITA HELLIGAR	CHAIR ELECT	5.00	Director	$0	$0	$0
JON SCHAFER	DIRECTOR	5.00	Director	$0	$0	$0
GOPAL YOUNG	DIRECTOR	5.00	Director	$0	$0	$0
JAMIE KEYSER THOMAS	PRESIDENT/CEO	40.00	Officer	$110,000	$0	$110,000

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	$497,315	$479,057	$200,933	$18,258
2023	$515,959	$454,648	$184,440	$61,311
2022	$394,903	$412,572	$250,761	$-17,669
2021	$313,884	$382,673	$280,335	$-68,789
2020	$324,649	$359,318	$244,917	$-34,669
2019	$477,154	$445,459	$296,055	$31,695
2018	$386,899	$478,674	$353,139	$-91,775

BURBANK CHAMBER OF COMMERCE