SANTA CLARITA VALLEY CHAMBER OF CO… - Form 990 Financial Data

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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

1941

Legal Domicile

Principal Officer

IVAN VOLSCHENK

Phone

6617026977

Tax Period

2024-01-01 to 2024-12-31

SANTA CLARITA VALLEY CHAMBER OF COMMERCE, founded in 1941, is a small nonprofit that reported $683K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO CONNECT, EDUCATE, AND PROMOTE BUSINESS AND PROFESSIONAL INTERESTS IN THE SANTA CLARITA VALLEY.

Program Service Accomplishments

Program 1

Expenses: $52,142 Revenue: $78,826

AWARDS & INSTALLATIONSRECOGNITION OF BUSINESS LEADERSHIP AND DEVELOPMENT OF OUR MEMBERS AND THE GREATER BUSINESS COMMUNITY.

Program 2

Expenses: $14,379 Revenue: $81,397

STATE OF THE COUNTY LUNCHEONTHIS EVENT PROVIDES AN UPDATE ON KEY MATTERS IN THE COUNTY IMPACTING THE SCV CHAMBER AND ITS MEMBER BUSINESSES.

Program 3

Expenses: $24,023 Revenue: $64,310

GOLF TOURNAMENTTHIS EVENT PROVIDES NETWORKING AND MARKETING OPPORTUNITIES FOR THE SCV CHAMBER AND ITS MEMBER 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 $307,056

Program Service Revenue $360,950

Investment Income $4,110

Other Revenue $10,443

TOTAL REVENUE $682,559

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $114,923

Other Expenses $668,037

TOTAL EXPENSES $668,037

Year-over-Year Comparison

	2024	2023	Change
Revenue	$682,559	$721,773	-0.1%
Expenses	$668,037	$637,963	+0.0%
Net Income	$14,522	$83,810	-0.8%

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

N/A

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
ANDREA CARPENTER	DIRECTOR	1.50	Officer Director	$0	$0	$0
BECKI ROBB	DIRECTOR	1.50	Officer Director	$0	$0	$0
CHRISTIAN RAIGOSA MD	DIRECTOR	1.50	Officer Director	$0	$0	$0
DENNIS VERNER	DIRECTOR	1.00	Director	$0	$0	$0
HENRY RODRIGUEZ	DIRECTOR	1.00	Director	$0	$0	$0
HUNT BRALY	DIRECTOR	1.50	Officer Director	$0	$0	$0
IZU OKPARA	DIRECTOR	1.00	Director	$0	$0	$0
JOHN VANCE	DIRECTOR	1.50	Officer Director	$0	$0	$0
KAREN BRYDEN	DIRECTOR	1.00	Director	$0	$0	$0
KARINA WINKLER	DIRECTOR	1.00	Director	$0	$0	$0
LINDSAY SCHLICK	DIRECTOR	1.00	Director	$0	$0	$0
MARISOL ESPINOSA	DIRECTOR	1.50	Director	$0	$0	$0
MATT DIERCKMAN	DIRECTOR	1.00	Officer Director	$0	$0	$0
PATRICK MOODY	DIRECTOR	1.00	Director	$0	$0	$0
ROCHELLE SILSBEE	DIRECTOR	1.00	Director	$0	$0	$0
SANDY SANCHEZ	DIRECTOR	1.50	Officer Director	$0	$0	$0
STEVE COLE	DIRECTOR	1.00	Director	$0	$0	$0
TROY HOOPER	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL GRISANTI	DIRECTOR	1.50	Officer Director	$0	$0	$0
TOM COLE	DIRECTOR	1.00	Director	$0	$0	$0
DI THOMPSON	DIRECTOR	1.00	Officer Director	$0	$0	$0
ERIC STELNICK	DIRECTOR	1.00	Director	$0	$0	$0
KIARA BROWN	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER ABBOTT	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN TOUCHSTONE	DIRECTOR	1.00	Director	$0	$0	$0
DENISE LITE	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY SCHROEDER	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY GREGOR	DIRECTOR	1.00	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	$682,559	$668,037	$446,666	$14,522
2023	$721,773	$637,963	$446,324	$83,810
2022	$605,097	$607,177	$340,518	$-2,080
2021	$568,568	$507,578	$343,073	$60,990
2020	$503,185	$529,653	$437,820	$-26,468
2019	$685,812	$615,495	$309,003	$70,317
2018	$649,997	$530,049	$244,650	$119,948

SANTA CLARITA VALLEY CHAMBER OF COMMERCE