Garden Grove Chamber of Commerce (EIN 951701620) - 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

1952

Legal Domicile

Principal Officer

Claudette Baldemor Officer

Phone

7146387950

Tax Period

2024-07-01 to 2025-06-30

Garden Grove Chamber of Commerce, founded in 1952, is a small nonprofit that reported $273K in total revenue in fiscal year 2024. Expenses of $258K left a modest 6% surplus.

Mission

Collectively building business success through support, creating connections and being a strong voice in our community

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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 $131,334

Program Service Revenue $140,357

Investment Income $1,313

Other Revenue $200

TOTAL REVENUE $273,204

Expense Breakdown

Grants Paid $8,000

Salaries & Benefits $149,127

Fundraising Expenses $39,450

Program Expenses $11,564

Other Expenses $100,633

TOTAL EXPENSES $257,760

Year-over-Year Comparison

	2024	2023	Change
Revenue	$273,204	$259,774	+0.1%
Expenses	$257,760	$269,089	0.0%
Net Income	$15,444	$-9,315	-2.7%

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

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
Dr True McMahan MD	Board Chair	0.00	Officer Director	$0	$0	$0
Michael Johnson	Community Affairs Chair	0.00	Director	$0	$0	$0
Jim DeMaio	Chief Financial Officer	0.00	Director	$0	$0	$0
Errol Giuliano	Past Chair	0.00	Director	$0	$0	$0
Russell LoBue	Executive Secretary	0.00	Director	$0	$0	$0
Clay Bock	Ambassador Committee Chair	0.00	Director	$0	$0	$0
Norman Kerechuk	Business & Education Committee Chai	0.00	Director	$0	$0	$0
Dr Les Malo	Government Affairs Committee Chair	0.00	Director	$0	$0	$0
Stephanie Nguyen-Yu	Membership Committee Chair	0.00	Director	$0	$0	$0
Victoria Magers	Social Media & Marketing Committee	0.00	Director	$0	$0	$0
Majeda Geramy	Womens Division Chair	0.00	Director	$0	$0	$0
Dave Barisic	Non-Executive Director	0.00	Director	$0	$0	$0
Susie Clisson	Non-Executive Director	0.00	Director	$0	$0	$0
Efrain Davalos Jr	Non-Executive Director	0.00	Director	$0	$0	$0
Dr Paul de Dios	Non-Executive Director	0.00	Director	$0	$0	$0
Van Nguyen-Gordon	Non-Executive Director	0.00	Director	$0	$0	$0
Joe Hu	Non-Executive Director	0.00	Director	$0	$0	$0
Tim Ibrahim	Non-Executive Director	0.00	Director	$0	$0	$0
J J Jauregui	Non-Executive Director	0.00	Director	$0	$0	$0
Elaine Myers	Non-Executive Director	0.00	Director	$0	$0	$0
Claudette Baldemor	President & CEO	40.00	Officer Highest	$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
2025	$273,204	$257,760	$131,884	$15,444
2024	$259,774	$269,089	$116,440	$-9,315
2023	$195,084	$217,399	$117,713	$-22,315
2022	$192,657	$188,814	$150,523	$3,843
2021	$106,504	$176,549	$167,448	$-70,045

Garden Grove Chamber of Commerce