REVERE CHAMBER OF COMMERCEINC (EIN 042686415) - 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

Principal Officer

MARTA FLORES

Phone

7812898009

Tax Period

2024-01-01 to 2024-12-31

REVERE CHAMBER OF COMMERCEINC, founded in 1979, is a micro nonprofit that reported $52K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $103K exceeded revenue, resulting in a 99% operating deficit.

Mission

ORGANIZTION FOR THE BUSINESS COMMUNITY

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $51,765

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $51,765

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,000

Fundraising Expenses $0

Other Expenses $81,243

TOTAL EXPENSES $103,243

Year-over-Year Comparison

	2024	2023	Change
Revenue	$51,765	$77,526	-0.3%
Expenses	$103,243	$69,579	+0.5%
Net Income	$-51,478	$7,947	-7.5%

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

N/A

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

$22,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERICA PORZIO	EXEC DIR/CLE	20.00	Officer	$22,000	$0	$22,000
MARTA FLORES	SECOND VICE	5.00	Officer	$0	$0	$0
JAMES GIBSON	TREASURER	N/A	Officer	$0	$0	$0
FRANCESCO ROSA	VICE PRESIDE	N/A	Officer	$0	$0	$0
NILES WELCH	PRESIDENT	N/A	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
2024	$51,765	$103,243	$12,613	$-51,478
2023	$77,526	$69,579	$64,091	$7,947
2022	$82,803	$90,428	$56,451	$-7,625
2021	$19,200	$20,068	$64,077	$-868
2020	$37,485	$19,899	$64,946	$17,586
2019	$73,423	$66,811	$47,360	$6,612
2018	$83,010	$72,754	$40,748	$10,256

REVERE CHAMBER OF COMMERCEINC