Civic Intelligence

Westside Chamber of Commerce

990EZ • Fiscal year 2015 • EIN 95-2138236

Jul 01, 2014 to Jun 30, 2015 • Filed on Aug 01, 2015

907 Westwood BlvdLos Angeles, CA 90024

(310) 441-2900

Siviq Scores

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

Liabilities / Assets

99th percentile

2.39x

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

78th percentile

0.10x

Higher debt load relative to revenue than 78% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

50th percentile

2.7%

Higher net margin than 50% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

14th percentile

-23%

Faster asset growth than 14% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

81st percentile

20%

Faster revenue growth than 81% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$6,460

Down $1,903 (-23%) from 2014

Net Assets

Up

-$8,951

Up $4,143 (+32%) from 2014

Liabilities

Down

$15,411

Down $6,046 (-28%) from 2014

Revenue

Up

$152,973

Up $25,958 (+20%) from 2014

Expenses

Up

$148,830

Up $22,184 (+18%) from 2014

Net Income

Up

$4,143

Up $3,774 (+1023%) from 2014

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

2015

Assets$6,460
Liabilities$15,411
Net Assets-$8,951

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

2015

Revenue$152,973
Expenses$148,830
Net Income$4,143
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Aug 1, 2015
Return Version
2014v6.0
Gross Receipts
$152,973
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.-$145,649
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
ROOZBEH FARAHANIPOURPresident-$0--
ELHAM YAGOUBIANChief Financial Officer-$0--
STEVE LITTLEVice President Of Finance-$0--
NORMAN BERNIERSecretary-$0--
FARANGIS SIAHPOURDirector-$0--
MATTHEW SKARINDirector-$0--
Filing and Contact Details

Filer

Filer Name
Westside Chamber of Commerce
EIN
95-2138236
Phone
3104412900
Address
907 WESTWOOD BLVD, LOS ANGELES, CA 90024

Signing Officer

Name
Roozbeh Farahanipour
Title
President
Phone
3104412900
Signed
2015-08-01

Preparer

Firm
Zs Profit Solutions Inc
Address
22201 VENTURA BLVD STE 210, WOODLAND HILLS, CA 91364
Preparer
Zahara Hedayat Ea Mba
Phone
8188842549
Supplemental Narrative

Additional Explanations

Other

WESTSIDE CHAMBER OF COMMERCE, KNOWN AS THE WEST LOS ANGELES CHAMBER OF COMMERCE BEGAN IN 1945 AND IS A NONPROFIT 501(c)6 MEMBERSHIP ORGANIZATION. THE CHAMBER PURPOSE IS TO PROMOTE IT'S 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 A 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. THE PARTNER CHAMBER MISSION STATEMENT: TO ENHANCE OPPORTUNITIES FOR MEMBERS OF THE WEST LOS ANGELES COMMUNITY VIA REFERRAL, ADVOCACY AND EDUCATION. THE CHAMBER VALUES STATEMENT: WE ARE COMMITTED TO EMBER FOCUS, EXCELLENCE, INTEGRITY, EDUCATION, TEAMWORK LEADERSHIP AND DIVERSITY. THE CHAMBER FOCUS STATEMENT: TO CREATE AN ENVIRONMENT THAT PROMOTES AND STRENGHTENS THE WEST LOS ANGELES COMMUNITY

Pt VI, Line 11B

990 had been prepared and presented to the directors and board members for their review on Nov 3, 2015 and had been approved by Borad of Directors: Roozbeh Farahanipour,Elham Yaghoubian,Steve Little, Norman Bernier, Matthew K. Skarin, Esq, Buzz Park, Farangis Siahpour

Form 990EZ, Part I, Line 16

Membership commissions expense 24933. Membership services expense 7718. Chamber office supplies, costs and expenses 3088. Employer payroll taxes 2380. Payroll processing fees and expenses 892. Liability insurance 365. Merchant fees and bank charges 4289. Office equipment rental and services 3960. West l.a. Chamber website costs 348. Westside women's network expense 1264. Business expo costs and expenses 20013. Health expo costs and expenses 19145. Holiday party costs and expenses 3753. Committee

Form 990EZ, Part II, Line 24

Deposits 2150. 2150. Prepaids 2255. 0. Fixed assets 2781. 0.

Form 990EZ, Part II, Line 26

Accounts payable 1841. 0. Accrued expenses 895. 0. Payroll liabilities 4393. 0. Deferred revenue sponsorships 2800. 0. Deferred revenue directory 11528. 15411.

Raw XML Appendix128 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/TitleTxt3SECRETARY
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 had been prepared and presented to the directors and board members for their review on Nov 3, 2015 and had been approved by Borad of Directors: Roozbeh Farahanipour,Elham Yaghoubian,Steve Little, Norman Bernier, Matthew K. Skarin, Esq, Buzz Park, Farangis Siahpour
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERSHIP COMMISSIONS EXPENSE 24933. MEMBERSHIP SERVICES EXPENSE 7718. CHAMBER OFFICE SUPPLIES, COSTS AND EXPENSES 3088. EMPLOYER PAYROLL TAXES 2380. PAYROLL PROCESSING FEES AND EXPENSES 892. LIABILITY INSURANCE 365. MERCHANT FEES AND BANK CHARGES 4289. OFFICE EQUIPMENT RENTAL AND SERVICES 3960. WEST L.A. CHAMBER WEBSITE COSTS 348. WESTSIDE WOMEN'S NETWORK EXPENSE 1264. BUSINESS EXPO COSTS AND EXPENSES 20013. HEALTH EXPO COSTS AND EXPENSES 19145. HOLIDAY PARTY COSTS AND EXPENSES 3753. COMMITTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEPOSITS 2150. 2150. PREPAIDS 2255. 0. FIXED ASSETS 2781. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE 1841. 0. ACCRUED EXPENSES 895. 0. PAYROLL LIABILITIES 4393. 0. DEFERRED REVENUE SPONSORSHIPS 2800. 0. DEFERRED REVENUE DIRECTORY 11528. 15411.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROOZBEH FARAHANIPOUR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03104412900
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESTSIDE CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0952138236
ReturnHeader/Filer/PhoneNum03104412900
ReturnHeader/Filer/USAddress/AddressLine1Txt0907 WESTWOOD BLVD
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090024
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ZS PROFIT SOLUTIONS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt022201 VENTURA BLVD STE 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOODLAND HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091364
ReturnHeader/PreparerPersonGrp/PhoneNum08188842549
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ZAHARA HEDAYAT EA MBA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-01-27T18:09:41-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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