NEWPORT CHAMBER OF COMMERCE INC (EIN 020265122) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1964

Legal Domicile

Principal Officer

Jeannine Everitt

Phone

6038631510

Tax Period

2022-01-01 to 2022-12-31

NEWPORT CHAMBER OF COMMERCE INC, founded in 1964, is a small nonprofit that reported $242K in total revenue in fiscal year 2022. Revenue surged 229% from the prior year, signaling strong growth momentum. The organization ran a surplus of $173K, a strong 72% operating margin.

Mission

TO PROMOTE THE GROWTH AND PROSPERITY OF THE AREA SERVED BY NEWPORT NH, TO PROMOTE ITS GENERAL WEALFARE AND TO FOSTER ITS COMMERCE AND TRADE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $170,200

Program Service Revenue $12,505

Investment Income $1

Other Revenue $59,388

TOTAL REVENUE $242,094

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,195

Fundraising Expenses $0

Other Expenses $52,520

TOTAL EXPENSES $68,715

Year-over-Year Comparison

	2022	2021	Change
Revenue	$242,094	$73,633	+2.3%
Expenses	$68,715	N/A	N/A
Net Income	$173,379	$73,633	+1.4%

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

$14,941

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shannon MacMichael	Executive Director	15.00	Officer	$14,941	$0	$14,941
Donna Mahair	President	5.00	Officer	$0	$0	$0
Jeannine Everitt	Treasurer	1.00	Officer	$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
2025	No data	No data	No data	No data
2022	$242,094	$68,715	$217,287	$173,379

NEWPORT CHAMBER OF COMMERCE INC