PALM DESERT AREA CHAMBER OF COMMERC

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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

1954

Principal Officer

ERIC MORCUS

Phone

7603466111

Tax Period

2024-07-01 to 2025-06-30

PALM DESERT AREA CHAMBER OF COMMERC, founded in 1954, is a small nonprofit that reported $601K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE, SUPPORT AND ENHANCE BUSINESS PROSPERITY, CIVIC VITALITY AND QUALITY OF LIFE

Program Service Accomplishments

Program 1

THE CHAMBER IS FOCUSED ON CREATING A STRONG LOCAL ECONOMY THROUGH PRESENTATIONS, EDUCATION, NETWORKING, PROMOTION, REPRESENTATION AND ADVOCACY ON ISSUES THAT AFFECT BUSINESSES.

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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 $270,128

Program Service Revenue $328,983

Investment Income $0

Other Revenue $1,924

TOTAL REVENUE $601,035

Expense Breakdown

Grants Paid $0

Salaries & Benefits $226,983

Fundraising Expenses $0

Other Expenses $368,210

TOTAL EXPENSES $595,193

Year-over-Year Comparison

	2024	2023	Change
Revenue	$601,035	$466,316	+0.3%
Expenses	$595,193	$457,635	+0.3%
Net Income	$5,842	$8,681	-0.3%

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

$84,265

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALISA WILLIAMS	CEO	40.00	Officer	$84,265	$0	$84,265
MIKE HARDIN	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT MCCABE	DIRECTOR	2.00	Director	$0	$0	$0
KATHI MCGOLDRICK	DIRECTOR	2.00	Director	$0	$0	$0
CLAY MIALE	DIRECTOR	2.00	Director	$0	$0	$0
BILL NOBLE	DIRECTOR	2.00	Director	$0	$0	$0
MASSEY PTTS	DIRECTOR	2.00	Director	$0	$0	$0
SANDY SWETT	DIRECTOR	2.00	Director	$0	$0	$0
JOAKIM WAHLSTROM	DIRECTOR	2.00	Director	$0	$0	$0
ROSEMARY ZAMOREZ	DIRECTOR	2.00	Director	$0	$0	$0
PATRICK KLEIN	VICE CHAIR	2.00	Officer	$0	$0	$0
JOHN MCAFEE	CFO	2.00	Officer	$0	$0	$0
ERIC MORCUS	CHAIR	2.00	Officer	$0	$0	$0
JOHN SLOAN	VICE CHAIR	2.00	Officer	$0	$0	$0
PATRICK SOMERS	PAST CHAIR	2.00	Officer	$0	$0	$0
EMILY VOGT	SECRETARY	2.00	Officer	$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	$601,035	$595,193	$160,225	$5,842
2024	$466,316	$457,635	$112,087	$8,681
2023	$382,443	$324,463	$106,457	$57,980
2022	$319,968	$388,307	$231,882	$-68,339
2021	$211,180	$198,437	$321,568	$12,743
2020	$548,540	$638,049	$157,365	$-89,509
2019	$690,818	$810,081	$261,555	$-119,263