INDUSTRY BUSINESS COUNCIL & CHAMBER OF C COMMERCE (EIN 952511728) - 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

1970

Legal Domicile

Principal Officer

JOANNE MCCLASKEY

Phone

6269683737

Tax Period

2024-07-01 to 2025-06-30

INDUSTRY BUSINESS COUNCIL & CHAMBER OF C COMMERCE, founded in 1970, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Expenses of $1.6M left a modest 3% surplus.

Mission

TO PROMOTE THE CITY OF INDUSTRY, TO BRING NEW BUSINESS TO THE CITY AND TO PROMOTE THE BUSINESS OF ITS MEMBERS.

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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 $0

Program Service Revenue $1,676,374

Investment Income $0

Other Revenue $6,641

TOTAL REVENUE $1,683,015

Expense Breakdown

Grants Paid $0

Salaries & Benefits $414,580

Fundraising Expenses $0

Program Expenses $1,175,899

Other Expenses $1,211,727

TOTAL EXPENSES $1,626,307

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,683,015	$1,672,785	+0.0%
Expenses	$1,626,307	$1,556,396	+0.0%
Net Income	$56,708	$116,389	-0.5%

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

$163,066

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY BAKER	DIRECTOR	2.00	Director	$0	$0	$0
DEAN YAMAGATA	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
JAMES LIN	VICE PRESIDENT	2.00	Director	$0	$0	$0
CLEMENT CALVILLO	DIRECTOR	2.00	Director	$0	$0	$0
DAVID M PEREZ	PRESIDENT	2.00	Officer Director	$0	$0	$0
WALTER HAFNER	DIRECTOR	2.00	Officer Director	$0	$0	$0
JANET KAPUSTA	DIRECTOR	2.00	Director	$0	$0	$0
JOANNE MCCLASKEY	EXECUTIVE DIRECTOR	40.00	Officer	$152,779	$10,287	$163,066

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	$1,683,015	$1,626,307	$804,710	$56,708
2024	$1,672,785	$1,556,396	$731,528	$116,389
2023	$1,444,418	$1,347,363	$629,316	$97,055
2022	$1,280,250	$1,231,085	$480,010	$49,165
2021	$908,903	$875,555	$421,261	$33,348
2020	$1,005,627	$949,735	$366,292	$55,892
2019	$817,729	$814,353	$341,834	$3,376
2018	$712,977	$697,825	$291,449	$15,152

INDUSTRY BUSINESS COUNCIL & CHAMBER OF C COMMERCE