Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Fountain Valley Chamber of Commerce
990EZ • Fiscal year 2014 • EIN 95-2506833
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.10x
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
44th percentile
Higher net margin than 44% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 23.5% of source-year revenue.
Asset Growth
15th percentile
Faster asset growth than 15% of similar nonprofits.
Revenue Growth
43rd percentile
Faster revenue growth than 43% of similar nonprofits.
Balance Sheet
Assets
Down$50,785
Down $13,530 (-21%) from 2013
Net Assets
Up$45,808
Up $1,458 (+3.3%) from 2013
Liabilities
Down$4,977
Down $14,988 (-75%) from 2013
Revenue And Expenses
Revenue
Down$159,260
Down $2,171 (-1.3%) from 2013
Expenses
Up$157,802
Up $19,176 (+14%) from 2013
Net Income
Down$1,458
Down $21,347 (-94%) from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- Nov 9, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $159,260
Mission and Program Overview
Mission
To promote commerce in the business community
Program Services
| Description | Grants | Expenses |
|---|---|---|
| MEMBERSHIP MEETINGS & SPECIAL EVENTS TO PROMOTE COMMERCE IN THE COMMUNITY | - | $102,861 |
| MEMBERSHIP MEETINGS & SPECIAL EVENTS TO PROMOTE COMMERCE IN THE COMMUNITY | - | $3,838 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARY PARSONS | Executive Di | FT | $37,500 | - | $37,500 |
| CHERYL WESTLEY | President | - | $0 | - | - |
| GARY FORMAN | Secretary | - | $0 | - | - |
| GARY FORMAN | Treasurer | - | $0 | - | - |
| SUSAN TRAN | Vice Preside | - | $0 | - | - |
| ALEX ACCETTA | Director | - | $0 | - | - |
| BETH HAMBELTON | Director | - | $0 | - | - |
| WALTER RODRIGUEZ | Director | - | $0 | - | - |
| CURT SEEDEN | Director | - | $0 | - | - |
| KEN DUONG | Director | - | $0 | - | - |
| SUE TAYLOR | Director | - | $0 | - | - |
| PAULA COKER | Director | - | $0 | - | - |
| DIANE HIGASHIOKA | Director | - | $0 | - | - |
| BRIAN GENOVESE | Director | - | $0 | - | - |
| EDUARDO HIGUCHI | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Fountain Valley Chamber of Commerce
- EIN
- 95-2506833
- Phone
- 7149623022
- Address
- 10055 SLATER AVE SUITE 250, FOUNTAIN VALLEY, CA 92708
Signing Officer
- Name
- Gary Forman
- Title
- Treasurer
- Phone
- 7149623022
- Signed
- 2015-11-09
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Alex a Accetta CPA & Associates Inc
- Address
- 8840 WARNER AVE STE 204, FOUNTAIN VALLEY, CA 92708-3233
- Preparer
- Alex a Accetta CPA
- Phone
- 7148489158
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 1,228 office exp. 6,102 insurance 2,759 telephone 5,311 website 3,526 storage 492 property tax 30 entertainment 1,404 dues 740 education fund expense 2,500 miscelaneous expense 107 filing fees 30 program expense 59,515 computer expenses 1,119 non-investment depreciation 1,338 total 86,201”
Form 990-ez, Part I, Line 20
“Accrual to modified cash adjustment 0”
Form 990-ez, Part II, Line 24
“12,924 13,834 less accumulated depreciation 8,780 10,118 account receivable 750 0 furniture & fixture 0 0 machinery & equipment 0 0 prepaid expenses & deffered charges 7,200 5,399 rent security deposit 1,090 1,090 total 13,184 10,205”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 7,115 4,977 deferred revenue 12,850 0”
Form 990-ez, Part III, Line 31
“Membership meetings & special events to promote commerce in the community”
Raw XML Appendix158 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | GARY FORMAN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7148413822 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 10055 SLATER AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FOUNTAIN VALLEY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 927083233 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 51131 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 40580 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 14600 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 1458 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 64315 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 50785 |
| IRS990EZ/GrossReceiptsAmt | 0 | 159260 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 308 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 69880 |
| IRS990EZ/MethodOfAccountingOtherDesc | 0 | MODIFD ACCRUAL |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 44350 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 45808 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 44350 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 45808 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 13314 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 36.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 9 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 10 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 11 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 12 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 13 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 14 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 37500 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 10 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 11 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 12 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 13 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 14 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CHERYL WESTLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GARY FORMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | GARY FORMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | SUSAN TRAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | ALEX ACCETTA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | BETH HAMBELTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | MARY PARSONS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | WALTER RODRIGUEZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | CURT SEEDEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | KEN DUONG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 10 | SUE TAYLOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 11 | PAULA COKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 12 | DIANE HIGASHIOKA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 13 | BRIAN GENOVESE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 14 | EDUARDO HIGUCHI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 10 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 11 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 12 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 13 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 14 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 13184 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 10205 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 86201 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE COMMERCE IN THE BUSINESS COMMUNITY |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 492 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 74472 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | MEMBERSHIP MEETINGS & SPECIAL EVENTS TO PROMOTE COMMERCE IN THE COMMUNITY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | MEMBERSHIP MEETINGS & SPECIAL EVENTS TO PROMOTE COMMERCE IN THE COMMUNITY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 102861 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 3838 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 57795 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 19965 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 4977 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 157802 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 106699 |
| IRS990EZ/TotalRevenueAmt | 0 | 159260 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.FVCHAMBER.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 1,228 OFFICE EXP. 6,102 INSURANCE 2,759 TELEPHONE 5,311 WEBSITE 3,526 STORAGE 492 PROPERTY TAX 30 ENTERTAINMENT 1,404 DUES 740 EDUCATION FUND EXPENSE 2,500 MISCELANEOUS EXPENSE 107 FILING FEES 30 PROGRAM EXPENSE 59,515 COMPUTER EXPENSES 1,119 NON-INVESTMENT DEPRECIATION 1,338 TOTAL 86,201 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCRUAL TO MODIFIED CASH ADJUSTMENT 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 12,924 13,834 LESS ACCUMULATED DEPRECIATION 8,780 10,118 ACCOUNT RECEIVABLE 750 0 FURNITURE & FIXTURE 0 0 MACHINERY & EQUIPMENT 0 0 PREPAID EXPENSES & DEFFERED CHARGES 7,200 5,399 RENT SECURITY DEPOSIT 1,090 1,090 TOTAL 13,184 10,205 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 7,115 4,977 DEFERRED REVENUE 12,850 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | MEMBERSHIP MEETINGS & SPECIAL EVENTS TO PROMOTE COMMERCE IN THE COMMUNITY |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2016-04-25 22:37:26Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GARY FORMAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7149623022 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-11-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FOUNTAIN VALLEY CHAMBER OF COMMERCE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FOUN |
| ReturnHeader/Filer/EIN | 0 | 952506833 |
| ReturnHeader/Filer/PhoneNum | 0 | 7149623022 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 10055 SLATER AVE SUITE 250 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FOUNTAIN VALLEY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 92708 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 330158115 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ALEX A ACCETTA CPA & ASSOCIATES INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 8840 WARNER AVE STE 204 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FOUNTAIN VALLEY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 927083233 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7148489158 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2015-11-10 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ALEX A ACCETTA CPA |
| ReturnHeader/ReturnTs | 0 | 2015-11-10T13:15:43-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $50,785
- Liabilities
- $4,977
- Net assets
- $45,808
- Revenue
- $159,260
- Expenses
- $157,802
- Net income
- $1,458