WALTHAM CHAMBER OF COMMERCE INC (EIN 041944360) - 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

1916

Legal Domicile

Principal Officer

MOLYNA RICHARDS

Phone

7818944700

Tax Period

2024-01-01 to 2024-12-31

WALTHAM CHAMBER OF COMMERCE INC, founded in 1916, is a small nonprofit that reported $283K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $334K exceeded revenue, resulting in a 18% operating deficit.

Mission

THE CHAMBER IS DEDICATED TO PROMOTING SOUND ECONOMIC GROWTH AND OPPORTUNITY FOR ITS MEMBERSHIP AND A STRONG QUALITY OF LIFE FOR THE COMMUNITY THROUGH LEADERSHIP, EDUCATION INFORMATION AND ADVOCACY.

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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 $118,245

Program Service Revenue $163,824

Investment Income $1,035

Other Revenue $0

TOTAL REVENUE $283,104

Expense Breakdown

Grants Paid $0

Salaries & Benefits $175,265

Fundraising Expenses $0

Other Expenses $158,952

TOTAL EXPENSES $334,217

Year-over-Year Comparison

	2024	2023	Change
Revenue	$283,104	$309,400	-0.1%
Expenses	$334,217	$337,610	0.0%
Net Income	$-51,113	$-28,210	+0.8%

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

$103,035

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREA DINE	DIRECTOR	1.00	Director	$0	$0	$0
JAHAYRA SAPORITO	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLAS G WAYBRIGHT	PRESIDENT	5.00	Officer Director	$0	$0	$0
GEOFFREY B STANTON	DIRECTOR	1.00	Director	$0	$0	$0
JENN KUO	DIRECTOR	1.00	Director	$0	$0	$0
LISA LORGEREE	SECRETARY	5.00	Officer Director	$0	$0	$0
JOHN PORTER	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL CONNORS	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA A DEVEAUX	TREASURER	5.00	Officer Director	$0	$0	$0
KERRY HAWKINS	DIRECTOR	1.00	Director	$0	$0	$0
SHISHIR MEHTA	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN LELE	DIRECTOR	1.00	Director	$0	$0	$0
MARIA SHEEHAN	DIRECTOR	1.00	Director	$0	$0	$0
TAMMY SAPORITO	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW DONOVAN	DIRECTOR	1.00	Director	$0	$0	$0
GARDY DESROULEAUX	DIRECTOR	1.00	Director	$0	$0	$0
TINA SCHINDLER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID HARDJOSUWITO	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA MATTESON	DIRECTOR	1.00	Director	$0	$0	$0
MOLYNA RICHARDS	EXECUTIVE DIRECTOR	40.00	Officer	$103,035	$0	$103,035

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	$283,104	$334,217	$162,350	$-51,113
2023	$309,400	$337,610	$224,632	$-28,210
2022	$312,945	$346,422	$193,310	$-33,477
2021	$346,501	$274,537	$224,002	$71,964
2020	$265,419	$293,564	$184,871	$-28,145
2019	$318,717	$399,814	$169,110	$-81,097
2018	$331,555	$346,869	$250,693	$-15,314

WALTHAM CHAMBER OF COMMERCE INC