Borrego Springs, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Borrego Springs Chamber of Commerce, founded in 1950, is a small nonprofit that reported $247K in total revenue in fiscal year 2022. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $218K left a modest 12% surplus.
THE BORREGO SPRINGS CHAMBER OF COMMERCE EXISTS TO PROMOTE THE CITY OF BORREGO SPRINGS AS A TOURIST DESTINATION. THE CHAMBER STAFFS A VISITOR INFORMATION CENTER AND PROVIDES VISITOR INFORMATION PACKETS TO PROMOTE BOTH BUSINESS MEMBERS OF THE CHAMBER AND SPECIAL EVENTS IN BORREGO SPRINGS WHICH ENCOURAGE VISITORS TO THE COMMUNITY. THE CHAMBER BUSINESS OFFICE ALSO PRODUCES A NEWSLETTER FOR IT'S MEMBERS, AND MEETINGS ARE HELD IN THE BUSINESS COMMUNITY TO PROMOTE BUSINESS ACTIVITY FOR THE AREA. THE CHAMBER PUBLISHES A BROCHURE WHICH LISTS THE VARIOUS EVENTS SCHEDULED FOR THE YEAR AND THE LOCAL RESTAURANTS,LODGING AND SERVICE FACILITIES.DURING THE YEAR THE CHAMBER VISITOR INFORMATION CENTER ASSISTS OVER 7,000 WALK-INS, DISTRIBUTES 2900 INFORMATION PACKETS, AND RESPONDS TO 8,000 TELEPHONE INQUIRIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $246,968 | $308,973 | -0.2% |
| Expenses | $217,841 | $166,859 | +0.3% |
| Net Income | $29,127 | $142,114 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Francoise Rhoades | Executive Dir. | 30.00 |
Officer
Director
|
$55,000 | $0 | $55,000 |
| Clint Brandin | President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dan Wright | Secretary | 0.00 |
Director
|
$0 | $0 | $0 |
| Ramien Shalizi | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Harry Turner | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Erica Atmaca | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ramien Shalizi | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Carol Brandin | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Brad Tidwell | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Kirit Patel | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2022 | $246,968 | $217,841 | $441,879 | $29,127 |
| 2021 | $308,973 | $166,859 | $414,467 | $142,114 |
| 2019 | $233,318 | $200,529 | $257,496 | $32,789 |
| 2018 | $262,788 | $251,275 | $226,412 | $11,513 |
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