Civic Intelligence

Westside Chamber of Commerce

990EZ • Fiscal year 2014 • EIN 95-2138236

Jul 01, 2013 to Jun 30, 2014 • Filed on May 08, 2015

2370 Westwood Blvd Suite L-190064

(310) 441-2900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

2.57x

Higher debt load relative to assets than 99% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

83rd percentile

0.17x

Higher debt load relative to revenue than 83% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

42nd percentile

0.3%

Higher net margin than 42% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

25th percentile

-10%

Faster asset growth than 25% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

16th percentile

-19%

Faster revenue growth than 16% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$8,363

Down $951 (-10%) from 2013

Net Assets

-$13,094

No earlier filing loaded for comparison.

Liabilities

Down

$21,457

Down $1,232 (-5.4%) from 2013

Revenue

Down

$127,015

Down $30,650 (-19%) from 2013

Expenses

Down

$126,646

Down $25,481 (-17%) from 2013

Net Income

Down

$369

Down $5,169 (-93%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50KAssets 2011: $5,773Liabilities 2011: $70,9412011Assets 2012: $11,094Liabilities 2012: $30,0072012Assets 2013: $9,314Liabilities 2013: $22,6892013Assets 2014: $8,363Liabilities 2014: $21,457Net Assets 2014: -$13,0942014Assets 2015: $6,460Liabilities 2015: $15,411Net Assets 2015: -$8,9512015Assets 2016: $20,694Liabilities 2016: $7,430Net Assets 2016: $13,2642016Assets 2017: $10,674Net Assets 2017: $10,6742017Assets 2018: $501Net Assets 2018: $5012018Assets 2019: $13,083Net Assets 2019: $13,0832019Assets 2020: $1,295Net Assets 2020: $1,2952020Assets 2021: $904Net Assets 2021: $9042021Assets 2022: $9,854Liabilities 2022: $2,000Net Assets 2022: $7,8542022Assets 2023: $22,165Liabilities 2023: $2,000Net Assets 2023: $20,1652023Assets 2024: $21,922Liabilities 2024: $2,000Net Assets 2024: $19,9222024Assets 2025: $24,710Liabilities 2025: $500Net Assets 2025: $24,2102025

Highlighted filing

2014

Assets$8,363
Liabilities$21,457
Net Assets-$13,094

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $164,862Expenses 2011: $164,849Net Income 2011: $132011Revenue 2012: $172,598Expenses 2012: $166,831Net Income 2012: $5,7672012Revenue 2013: $157,665Expenses 2013: $152,127Net Income 2013: $5,5382013Revenue 2014: $127,015Expenses 2014: $126,646Net Income 2014: $3692014Revenue 2015: $152,973Expenses 2015: $148,830Net Income 2015: $4,1432015Revenue 2016: $64,403Expenses 2016: $42,188Net Income 2016: $22,2152016Revenue 2017: $46,453Expenses 2017: $49,043Net Income 2017: -$2,5902017Revenue 2018: $30,017Expenses 2018: $40,190Net Income 2018: -$10,1732018Revenue 2019: $47,881Expenses 2019: $35,299Net Income 2019: $12,5822019Revenue 2020: $22,564Expenses 2020: $34,352Net Income 2020: -$11,7882020Revenue 2021: $8,744Expenses 2021: $9,135Net Income 2021: -$3912021Revenue 2022: $13,000Expenses 2022: $6,050Net Income 2022: $6,9502022Revenue 2023: $23,074Expenses 2023: $10,763Net Income 2023: $12,3112023Revenue 2024: $18,288Expenses 2024: $18,531Net Income 2024: -$2432024Revenue 2025: $11,733Expenses 2025: $7,445Net Income 2025: $4,2882025

Highlighted filing

2014

Revenue$127,015
Expenses$126,646
Net Income$369
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 8, 2015
Return Version
2013v4.0
Gross Receipts
$127,015
Mission and Program Overview

Mission

CHAMBER OF COMMERCE

Program Services

DescriptionGrantsExpenses
PROMOTED BUSINESS IN THE WEST LOS ANGELES COMMUNITY AND PROVIDED MEMBERSHIP DIRECTORY EVENTS AND OPPORTUNITIES FOR CHAMBER MEMBERS TO NETWORK AND SUCCEED-$126,646
PUBLISHED DIRECTORY WEBSITE E-NEWSLETTERS NEWSPAPER AND WEST LOS ANGELES MAP REFER TO SCHEDULE O FOR MORE INFORMATION ON PROGRAM SERVICE AND CHAMBER GOALS--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RONALD L ADAMSPresident 2013-2014-$0--
STEVE LITTLEVP CFO Director-$0--
DAVID SALSONVP Tech-$0--
NORMAN BERNIERSecretary-$0--
ROOZBEH FARAHANIPOURPresident 2014-15-$0--
DAVID BORTMANDirector-$0--
GREG MARTAYANDirector-$0--
FARANGIS SIAHPOURDirector-$0--
ELHAM YAGHOUBIANDirector-$0--
Filing and Contact Details

Filer

EIN
95-2138236

Signing Officer

Name
Ronald L Adams
Title
President
Phone
3104412900
Signed
2015-05-08
Discuss with paid preparer
Yes

Preparer

Preparer
Charles A Deen CPA
Phone
3105595991
Supplemental Narrative

Additional Explanations

General explanation attachment

Westside chamber of commerce, known as the west los angeles chamber of commerce, began in 1945 and is nonprofit 501c6 membership organization. The chamber purpose is to promote members commercial, civic, cultural, educational and industrial interests to the west los angeles community so that westside businesses, citizens and neighborhoods all prosper. The chamber is the primary resource for small and medium-sized firms doing business in the community of west los angeles, california, to assist our nearly 1000 members and other participants deal with the ever-changing business climate. The chamber has wide range of program services to offer including member events, expos, networks and seminars. The chamber vision statement: to be recognized as the pre-eminent advocate and resource partner chamber mission statement: to enhance opportunities for members of the west los angeles community via referral, advocacy and education. Chamber values statement: we are committed to member focus, excellence, integrity, education, teamwork, leadership and diversity. Chamber focus statement: to create an environment that promotes and strenghtens the west los angeles community.

Description of other expenses Part I line 16

Description amountmembership commissions 27,273membership services expense 2,379chamber office supply and costs 10,408employer payroll taxes 6,569payroll processing 806liability insurance 2,555merchant and bank charges 3,854office equipment rental 3,938chamber website costs 484chamber map costs 425network event costs 630womens network mixer speaking 909business expo costs 3,989health expo costs 15,536holiday party costs 3,168committee expenses 616nonprofit taxes and fees 76

Other changes in net assets or fund balances Part I line 20

Description amountprior year expense adjustment (88)

Description of other assets Part II line 24

Category beginning of year end of yeardeposits 2,150 2,150prepaids 2,255 2,255fixed assets 2,781 2,781

Description of total liabilities Part II line 26

Category beginning of year end of yearaccounts payable 7,466 1,841accrued expenses 895 895payroll liabilities 0 4,393deferred revenue sponsorships 2,800 2,800deferred revenue directory 11,528 11,528

Raw XML Appendix152 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RONALD L ADAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEVE LITTLE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WESTSIDE CHAMBER OF COMMERCE, KNOWN AS THE WEST LOS ANGELES CHAMBER OF COMMERCE, BEGAN IN 1945 AND IS NONPROFIT 501C6 MEMBERSHIP ORGANIZATION. THE CHAMBER PURPOSE IS TO PROMOTE MEMBERS COMMERCIAL, CIVIC, CULTURAL, EDUCATIONAL AND INDUSTRIAL INTERESTS TO THE WEST LOS ANGELES COMMUNITY SO THAT WESTSIDE BUSINESSES, CITIZENS AND NEIGHBORHOODS ALL PROSPER. THE CHAMBER IS THE PRIMARY RESOURCE FOR SMALL AND MEDIUM-SIZED FIRMS DOING BUSINESS IN THE COMMUNITY OF WEST LOS ANGELES, CALIFORNIA, TO ASSIST OUR NEARLY 1000 MEMBERS AND OTHER PARTICIPANTS DEAL WITH THE EVER-CHANGING BUSINESS CLIMATE. THE CHAMBER HAS WIDE RANGE OF PROGRAM SERVICES TO OFFER INCLUDING MEMBER EVENTS, EXPOS, NETWORKS AND SEMINARS. THE CHAMBER VISION STATEMENT: TO BE RECOGNIZED AS THE PRE-EMINENT ADVOCATE AND RESOURCE PARTNER CHAMBER MISSION STATEMENT: TO ENHANCE OPPORTUNITIES FOR MEMBERS OF THE WEST LOS ANGELES COMMUNITY VIA REFERRAL, ADVOCACY AND EDUCATION. CHAMBER VALUES STATEMENT: WE ARE COMMITTED TO MEMBER FOCUS, EXCELLENCE, INTEGRITY, EDUCATION, TEAMWORK, LEADERSHIP AND DIVERSITY. CHAMBER FOCUS STATEMENT: TO CREATE AN ENVIRONMENT THAT PROMOTES AND STRENGHTENS THE WEST LOS ANGELES COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTMEMBERSHIP COMMISSIONS 27,273MEMBERSHIP SERVICES EXPENSE 2,379CHAMBER OFFICE SUPPLY AND COSTS 10,408EMPLOYER PAYROLL TAXES 6,569PAYROLL PROCESSING 806LIABILITY INSURANCE 2,555MERCHANT AND BANK CHARGES 3,854OFFICE EQUIPMENT RENTAL 3,938CHAMBER WEBSITE COSTS 484CHAMBER MAP COSTS 425NETWORK EVENT COSTS 630WOMENS NETWORK MIXER SPEAKING 909BUSINESS EXPO COSTS 3,989HEALTH EXPO COSTS 15,536HOLIDAY PARTY COSTS 3,168COMMITTEE EXPENSES 616NONPROFIT TAXES AND FEES 76
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTPRIOR YEAR EXPENSE ADJUSTMENT (88)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARDEPOSITS 2,150 2,150PREPAIDS 2,255 2,255FIXED ASSETS 2,781 2,781
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS PAYABLE 7,466 1,841ACCRUED EXPENSES 895 895PAYROLL LIABILITIES 0 4,393DEFERRED REVENUE SPONSORSHIPS 2,800 2,800DEFERRED REVENUE DIRECTORY 11,528 11,528
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
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ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Charles A Deen CPA
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ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.24$0.12$0.07$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.22$0.02$0.20$0.18$0.19$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.22$0.02$0.20$0.23$0.11$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.02$0.08$0.13$0.06$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.09$0.09$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.23$0.34$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.13$0.13$0.48$0.35$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.30$0.40$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.46$0.49$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.21$0.07$0.13$0.64$0.42$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.15$0.09$1.53$1.49$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.21$0.13$1.27$1.27$0.00
2013Summary only. Only limited summary data is available for this year.$0.09$0.23$1.58$1.52$0.06
2012Summary only. Only limited summary data is available for this year.$0.11$0.30$1.73$1.67$0.06
2011Summary only. Only limited summary data is available for this year.$0.06$0.71$1.65$1.65$0.00