MONTROSE VERDUGO CITY CHAMBER (EIN 953254435) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1924

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

MONTROSE VERDUGO CITY CHAMBER, founded in 1924, is a small nonprofit that reported $151K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

SUPPORT LOCAL BUSINESS COMMUNITY

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $16,021

Program Service Revenue $1,706

Investment Income $738

Other Revenue $132,694

TOTAL REVENUE $151,159

Expense Breakdown

Grants Paid $0

Salaries & Benefits $97,054

Fundraising Expenses $0

Program Expenses $3,354

Other Expenses $65,039

TOTAL EXPENSES $162,093

Year-over-Year Comparison

	2023	2022	Change
Revenue	$151,159	$174,513	-0.1%
Expenses	$162,093	$101,843	+0.6%
Net Income	$-10,934	$72,670	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOVIK MOSSESSI	DIRECTOR	0.00	Officer	$0	$0	$0
ADAM RALPHS	DIRECTOR	0.00	Officer	$0	$0	$0
JAY SHARMA	DIRECTOR	0.00	Officer	$0	$0	$0
RITA AVESDISIAN	DIRECTOR	0.00	Officer	$0	$0	$0
KIMBERLY FRAISSE	VICE PRESIDENT	0.00	Officer	$0	$0	$0
RYAN GAHVARAY	DIRECTOR	0.00	Officer	$0	$0	$0
ADAM FRANKO	PRESIDENT	0.00	Officer	$0	$0	$0
SARA DARBY	SECRETARY	0.00	Officer	$0	$0	$0
MAVIL AGHADJANIAN	EXECUTIVE DIRECTOR	40.00	Officer Key Emp	$0	$0	$0
GREG MANOUCHEHRI	DIRECTOR	0.00	Officer	$0	$0	$0
MIKE THATCHER	DIRECTOR	0.00	Officer	$0	$0	$0
MINDY MORRISON	TREASURER	0.00	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
2024	No data	No data	No data	No data
2023	$151,159	$162,093	$72,919	$-10,934
2022	$174,513	$101,843	$83,184	$72,670
2021	$62,804	$57,101	$4,579	$5,703
2020	$46,858	$82,077	$546	$-35,219
2019	$138,267	$114,584	$35,342	$23,683
2018	$114,094	$119,429	$14,416	$-5,335

MONTROSE VERDUGO CITY CHAMBER