San Diego French American Chamber of Commerce EIN 75-3228549

San Diego French American Chamber of Commerce

EIN  75-3228549 Business league / trade association San Diego, CA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Connects French and American businesses for trade and entrepreneurship support.
Leadership
Sylvie Almeri · Executive Director · $200K
Money in and out
$568K revenue, $544K expenses
Bottom line
+4% operating surplus

Connects French and American businesses for trade and entrepreneurship support. For fiscal year 2024 it reported $568K in revenue, $544K in expenses, and $155K in net assets.Pt I

Membership & operating revenue · FY2024
Total revenue
$568K
Pt VIII · Ln 12
Total expenses
$544K
Pt IX · Ln 25
Net assets
$155K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $24K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01 Fundraising $0.00
Operating surplus
+4%
revenue over expenses▲ +213% vs prior filing year
Earned revenue
89%
of revenue from program services & dues▼ -7% vs prior filing year
Payroll share
82%
of spending is salaries & benefits▲ +8% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$568K
FY2024▼ -15%
Expenses
$544K
FY2024▼ -22%
Total assets
$256K
FY2024▲ +19%
Total liabilities
$102K
FY2024▲ +23%
Total revenue
$568K
Pt VIII · Ln 12
Total expenses
$544K
Pt IX · Ln 25
Net assets
$155K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$24K
Total assetsPt X · Ln 16$256K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $540K of program spending, described in the organization's own filed words · FY2024.
01

To drive and promote commercial exchanges between france and the united STATES/SANDIEGO.

$540Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSan Diego French American Chamber of Commerce
EINHdr · item D75-3228549
Principal addressHdr · item CSan Diego, CA
WebsiteHdr · item Jwww.france-sandiego.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFJun 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$200,000Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Sylvie Almeri’s $200K as Executive Director is at the 96th percentile of top reported officer pay among 1711 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sylvie Almeri$200,000$156,000$106,660
Gilles Bonkoski$39,894$155,458$165,739

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$507K · 89%
Other revenue$39K · 7%
Contributions & grants$22K · 4%
Program service revenue89%$507K
Other revenue7%$39K
Contributions & grants4%$22K
— government grantsLn 1e$22K
Total revenueLn 12$568K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01 Fundraising $0.00
Program services99%$540K
Management & general1%$3K
Fundraising$257
Total functional expensesLn 25$544K

Balance Sheet

Part X · end of year
CashLn 1$233K
Total assetsLn 16$256K
Total liabilitiesLn 26$102K
Total net assetsLn 32$155K
Months of cash on handcomputed5.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $233K · Operating expenses/yr $544K
5.1 months
Where the money goes
Program services
Program services $540K · Total expenses $544K
99%
Management & General
Management & general $3K · Total expenses $544K
1%
Fundraising
Fundraising $257 · Total expenses $544K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $86 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $22K · Total revenue $568K
4%
Government reliance
Government grants $22K · Total revenue $568K
4%
Earned-income share
Program service revenue $507K · Total revenue $568K
89%
Investment reliance
Investment income $0 · Total revenue $568K
0%
Program self-sufficiency
Program service revenue $507K · Total expenses $544K
93%
Growth & trend
Revenue growth (YoY)
This year $568K · Prior year $671K
-15%
Revenue CAGR
FY2020 $418K · FY2024 $568K
+8%
Net-asset trend (YoY)
End of year $155K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $568K · Expenses $544K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $256K
Net-asset ratio
Net assets $155K · Total assets $256K
60%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $256K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sylvie Almeri · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $200K · Total expenses $544K
37%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $445K · Total expenses $544K
82%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 1%
Revenue growth -15%
Legal fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$568K revenue · viewing · ⤓ 990 PDF
FY2023$671K revenue · ⤓ 990 PDF
FY2022$698K revenue · ⤓ 990 PDF
FY2021$652K revenue · ⤓ 990 PDF
FY2020$418K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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