Westside Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 952138236
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024
- Location
- Los Angeles, CA, USA
- Phone
- 3104412900
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $11,733
- Expenses
- $7,445
- Assets
- $24,710
- Liabilities
- $500
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- ROOZBEH FARAHANIPOUR (CEO)
People named in this filing
- ROOZBEH FARAHANIPOUR (CEO)
- ELHAM YAGHOUBIAN (CFO)
- WILLIAM J MANOS (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Westside chamber of commerce, known as the west los angeles chamber ofcommerce began in 1945 and is a nonprofit 501(c)6 membership organization. Thechamber 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 emb
What it reported doing in 2024
Published directory, website, e-newsletters, newspaper and west los angeles map.refer to schedule o for more information on program service and chamber goals.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 82
- Sustainability: 72
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.4%; rating input score 75
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 36.5%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 3.32; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -16.1% per year; rating input score 0; 21st percentile among comparable filings
- Revenue growth: -22.4% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: 9.4% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 75.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $9K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 1 filed schedules
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.