OGUNQUIT CHAMBER OF COMMERCE (EIN 010348709) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

BRIAN CRAWFORD

Phone

2076461279

Tax Period

2023-11-01 to 2024-10-31

OGUNQUIT CHAMBER OF COMMERCE is a tax-exempt nonprofit with EIN 010348709, based in OGUNQUIT, ME. Founded in 1966, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $335,876 in total revenue and $438,894 in total expenses, with net assets of $1,032,115.

Mission

THE CHAMBER OF COMMERCE FOSTERS AND PROMOTES BUSINESS, ENHANCES THE ECONOMY AND COMMUNITY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $109,853

Program Service Revenue $127,870

Investment Income $36,868

Other Revenue $61,285

TOTAL REVENUE $335,876

Expense Breakdown

Grants Paid $0

Salaries & Benefits $259,268

Fundraising Expenses $0

Other Expenses $179,626

TOTAL EXPENSES $438,894

Year-over-Year Comparison

	2023	2022	Change
Revenue	$335,876	$980,197	-0.7%
Expenses	$438,894	$365,866	+0.2%
Net Income	$-103,018	$614,331	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$90,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALICE PEARCE	EXECUTIVE DI	40.00	Director	$90,500	$0	$90,500
MICHAEL CAMPBELL	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN CAREY	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA CHADBOURNE	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN CRAWFORD	CHAIR	1.00	Officer Director	$0	$0	$0
PAUL HUMPHREY	DIRECTOR	1.00	Director	$0	$0	$0
KATIE KEENE	SECRETARY	1.00	Officer Director	$0	$0	$0
RAMSEY LAFAYETTE	DIRECTOR	1.00	Director	$0	$0	$0
MEG LAMPREY	DIRECTOR	1.00	Director	$0	$0	$0
GARY LATULIPPE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID NOSNIK	TREASURER	1.00	Officer Director	$0	$0	$0
MARK SAULNIER	DIRECTOR	1.00	Director	$0	$0	$0
MELANIE TROMBLEE	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT VOGEL	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$335,876	$438,894	$1,722,338	$-103,018
2023	$980,197	$365,866	$1,443,093	$614,331
2022	$368,670	$374,744	$848,006	$-6,074
2021	$384,833	$331,842	$835,676	$52,991
2020	$314,154	$311,501	$662,004	$2,653
2019	$400,571	$360,041	$547,925	$40,530

OGUNQUIT CHAMBER OF COMMERCE