GREATER SAN FERNANDO VALLEY CHAMBER OF COMMERCE

EIN: 951329756

VAN NUYS, CA

Total Revenue
$1,116,113
Total Expenses
$1,118,051
Total Assets
$80,737
Net Assets
$-174,833
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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
1911
Legal Domicile
CA
Principal Officer
NANCY A HOFFMAN
Phone
8189890300
Tax Period
2023-04-01 to 2024-03-31

GREATER SAN FERNANDO VALLEY CHAMBER OF COMMERCE, founded in 1911, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year.

Mission

To promote economic development in general, support, and retain business in the region, create networking and promotional opportunities among chamber members, facilitate community outreach to augment and support local educational and vocational endeavors.

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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 $254,331
Program Service Revenue $861,690
Investment Income $92
Other Revenue $0
TOTAL REVENUE $1,116,113

Expense Breakdown

Grants Paid $0
Salaries & Benefits $198,319
Fundraising Expenses $0
Other Expenses $919,732
TOTAL EXPENSES $1,118,051

Year-over-Year Comparison

2023 2022 Change
Revenue $1,116,113 $1,295,322 -0.1%
Expenses $1,118,051 $1,337,874 -0.2%
Net Income $-1,938 $-42,552 -1.0%
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
17
Independent Members
17
Employees
5
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
5
$88,529
Total Directors
18
$88,529
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gabriela Perez Director 0.50
Director
$0 $0 $0
Genevieve Towne Vice Chair 0.50
Director
$0 $0 $0
Kristina Kourasis Director 0.50
Director
$0 $0 $0
Mark Levinson Director 0.50
Director
$0 $0 $0
Maria Camacho Director 0.50
Director
$0 $0 $0
Curtis Woods Director 0.50
Director
$0 $0 $0
Mike Thomas Director 0.50
Director
$0 $0 $0
Rafael De La Rosa Chairman of the Board 0.50
Director
$0 $0 $0
Steve Rydin Past Chair 0.50
Officer Director
$0 $0 $0
Yelena Gazal Treasurer 0.50
Officer Director
$0 $0 $0
Bryan Olson Chair Elect 0.50
Director
$0 $0 $0
Laine Caspi Vice Chair 0.50
Officer Director
$0 $0 $0
Joshua Warner Vice Chair 0.50
Officer Director
$0 $0 $0
Nancy Hoffman Secretary/CEO 40.00
Officer Director Highest
$88,529 $0 $88,529
Kathryn Purwin Director 0.50
Director
$0 $0 $0
Jeff Murphy Director 0.50
Director
$0 $0 $0
Barry Gribbons Director 0.50
Director
$0 $0 $0
Paul Herrera Director 0.50
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 $1,116,113 $1,118,051 $80,737 $-1,938
2023 $1,295,322 $1,337,874 $167,196 $-42,552
2022 $977,094 $1,016,666 $177,706 $-39,572
2021 $805,249 $849,297 $167,529 $-44,048
2020 $276,415 $253,177 $554,486 $23,238
2019 $231,794 $232,076 $422,684 $-282
2018 $184,240 $207,290 $226,430 $-23,050
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