GREATER SHERMAN OAKS 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

1948

Legal Domicile

Phone

8189061951

Tax Period

2023-01-01 to 2023-12-31

GREATER SHERMAN OAKS CHAMBER OF COMMERCE, founded in 1948, is a small nonprofit that reported $306K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE BUSINESS, SCHOOLS, ORGANIZATIONS AND HOMEOWNERS OF SHERMAN OAKS AREA OF LOS ANGELES, CALIFORNIA

Program Service Accomplishments

Program 1

COMMUNITY BASED SERVICE ORGANIZATION HELPING TO PROMOTE THE CITY OF SHERMAN OAKS, ITS SCHOOLS, ORGANIZATIONS, BUSINESSES AND HOMEOWNERS. THIS IS ACCOMPLISHED WITH MONTHLY NEWSLETTERS, SPECIAL EVENTS...

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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 (2023)

Revenue Breakdown

Contributions & Grants $73,766

Program Service Revenue $232,104

Investment Income $123

Other Revenue $0

TOTAL REVENUE $305,993

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,702

Fundraising Expenses $0

Other Expenses $209,222

TOTAL EXPENSES $296,924

Year-over-Year Comparison

	2023	2022	Change
Revenue	$305,993	$279,777	+0.1%
Expenses	$296,924	$270,093	+0.1%
Net Income	$9,069	$9,684	-0.1%

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

N/A

Employees

N/A

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

$81,131

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VICTORIA BOURDAS MARTINEZ	CEO	10.00	Officer	$81,131	$0	$81,131
TAMMY SCHER	Past Chairman	3.00	Officer	$0	$0	$0
FRAN KERZNER	Treasurer	2.00	Officer	$0	$0	$0
JESSICA SMITH	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
2024	No data	No data	No data	No data
2023	$305,993	$296,924	$102,973	$9,069
2022	$279,777	$270,093	$93,542	$9,684
2019	$344,077	$331,742	$105,023	$12,335
2018	$366,339	$366,522	$92,688	$-183

GREATER SHERMAN OAKS CHAMBER OF COMMERCE