GREATER LYNN CHAMBER OF COMMERCE INC (EIN 041563520) - 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

Legal Domicile

Principal Officer

EILEEN JONAH

Phone

7815922900

Tax Period

2024-01-01 to 2024-12-31

GREATER LYNN CHAMBER OF COMMERCE INC is a small nonprofit that reported $260K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $241K left a modest 7% surplus.

Mission

TO PROVIDE INTERACTION BETWEEN LOCAL BUSINESS AND TO KEEP MEMBERS CURRENT ON LOCAL ISSUES

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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 (2024)

Revenue Breakdown

Contributions & Grants $142,565

Program Service Revenue $112,242

Investment Income $5,548

Other Revenue $0

TOTAL REVENUE $260,355

Expense Breakdown

Grants Paid $0

Salaries & Benefits $104,673

Fundraising Expenses $0

Other Expenses $136,796

TOTAL EXPENSES $241,469

Year-over-Year Comparison

	2024	2023	Change
Revenue	$260,355	$351,786	-0.3%
Expenses	$241,469	$330,770	-0.3%
Net Income	$18,886	$21,016	-0.1%

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

N/A

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

$43,120

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYAN NEWHALL	CEO	40.00	Officer	$43,120	$0	$43,120
EILEEN JONAH	PRESIDENT /	N/A	Officer Director	$0	$0	$0
BRENDAN WARD	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
SUZANNE IOVANNA	TREASURER	N/A	Officer Director	$0	$0	$0
ALEXIS KIEVNING	CLERK	N/A	Officer Director	$0	$0	$0
GIUSEPPE SCIANATICO	OFFICER AT L	N/A	Officer Director	$0	$0	$0
BONNIE GALINSKI	DIRECTOR	N/A	Director	$0	$0	$0
BOB WONG	DIRECTOR	N/A	Director	$0	$0	$0
JOHN BARRY	DIRECTOR	N/A	Director	$0	$0	$0
JIMMY CONNORS	DIRECTOR	N/A	Director	$0	$0	$0
SEAN MCCARTHY	DIRECTOR	N/A	Director	$0	$0	$0
GINA GONZALES	DIRECTOR	N/A	Director	$0	$0	$0
JAMES KEIGHLEY	DIRECTOR	N/A	Director	$0	$0	$0
MEAGHEN HAMILL	DIRECTOR	N/A	Director	$0	$0	$0
HARRY MCCABE	DIRECTOR	N/A	Director	$0	$0	$0
JOSE GONZALES	DIRECTOR	N/A	Director	$0	$0	$0
KERRY RANIERI	DIRECTOR	N/A	Director	$0	$0	$0
RICK STARBARD	DIRECTOR	N/A	Director	$0	$0	$0
DREW YEAGER	DIRECTOR	N/A	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	$260,355	$241,469	$279,456	$18,886
2023	$351,786	$330,770	$261,096	$21,016
2022	$553,155	$518,922	$240,080	$34,233
2021	$377,507	$346,659	$205,847	$30,848
2020	$293,608	$320,264	$174,999	$-26,656
2019	$300,155	$322,867	$161,655	$-22,712
2018	$292,599	$249,508	$184,367	$43,091

GREATER LYNN CHAMBER OF COMMERCE INC