CERRITOS CHAMBER OF COMMERCE

EIN: 952286717

CERRITOS, CA

Total Revenue
$96,325
Total Expenses
$67,927
Total Assets
$95,794
Net Assets
$-15,416
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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
1974
Legal Domicile
CA
Phone
7143424144
Tax Period
2024-07-01 to 2025-06-30

CERRITOS CHAMBER OF COMMERCE, founded in 1974, is a micro nonprofit that reported $96K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $28K, a strong 29% operating margin.

Mission

TO PROMOTE 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $88,366
Investment Income $0
Other Revenue $7,959
TOTAL REVENUE $96,325

Expense Breakdown

Grants Paid $0
Salaries & Benefits $28,213
Fundraising Expenses $0
Other Expenses $39,714
TOTAL EXPENSES $67,927

Year-over-Year Comparison

2024 2023 Change
Revenue $96,325 $217,751 -0.6%
Expenses $67,927 $209,348 -0.7%
Net Income $28,398 $8,403 +2.4%
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
15
Independent Members
15
Employees
4
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ray Fas CEO 10.00
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
2025 $96,325 $67,927 $95,794 $28,398
2024 $217,751 $209,348 $55,215 $8,403
2023 $146,700 $219,867 $17,800 $-73,167
2022 $130,324 $186,924 $67,100 $-56,600
2021 $138,038 $159,859 $124,364 $-21,821
2020 $220,130 $198,814 $59,038 $21,316
2019 $278,308 $268,341 $37,722 $9,967
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