WELLFLEET CHAMBER OF COMMERCE INC (EIN 042672518) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

ROBERT MORRILL

Phone

5083492510

Tax Period

2023-10-01 to 2024-09-30

WELLFLEET CHAMBER OF COMMERCE INC, founded in 1979, is a small nonprofit that reported $106K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

PROMOTE TOURISM IN WELLFLEET, MA THROUGH OPERATION OF A CHAMBER OF COMMERCE

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $91,125

Program Service Revenue $3,710

Investment Income $2,601

Other Revenue $8,875

TOTAL REVENUE $106,311

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,342

Fundraising Expenses $0

Program Expenses $104,900

Other Expenses $52,842

TOTAL EXPENSES $106,184

Year-over-Year Comparison

	2023	2022	Change
Revenue	$106,311	$91,007	+0.2%
Expenses	$106,184	$98,369	+0.1%
Net Income	$127	$-7,362	-1.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN ANDERSON	TREASURER	2.00	Officer Director	$0	$0	$0
TODD BARRY	DIRECTOR	1.00	Director	$0	$0	$0
DIANE HALL	SECRETARY	2.00	Officer Director	$0	$0	$0
KENNETH GRANLUND JR	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
ROBERT MORRILL	PRESIDENT	2.00	Officer Director	$0	$0	$0
SYLVIA SMITH	DIRECTOR	1.00	Director	$0	$0	$0
JUDITH STILES	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN STURTEVANT	DIRECTOR	1.00	Director	$0	$0	$0
WENDY TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
JOHN WALSH	DIRECTOR	1.00	Director	$0	$0	$0
MARTHA WILSON	DIRECTOR	1.00	Director	$0	$0	$0
THEODORE WILSON	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	$106,311	$106,184	$162,961	$127
2023	$91,007	$98,369	$162,834	$-7,362
2022	$102,496	$98,866	$170,196	$3,630
2021	$80,928	$84,969	$166,565	$-4,041
2020	$88,749	$82,708	$160,106	$6,041

WELLFLEET CHAMBER OF COMMERCE INC