AMESBURY CHAMBER OF COMMERCE & INDUSTRIAL FOUNDATION INC (EIN 043338161) - 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

1996

Legal Domicile

Principal Officer

MONIQUE GRIFFIN

Phone

9783883178

Tax Period

2023-07-01 to 2024-06-30

AMESBURY CHAMBER OF COMMERCE & INDUSTRIAL FOUNDATION INC, founded in 1996, is a small nonprofit that reported $240K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $229K left a modest 5% surplus.

Mission

TO ASSIST LOCAL BUSINESS IN AMESBURY TO IMPROVE NOT ONLY THEIR PERSONAL BUSINESS ENVIRONMENT BUT THE BUSINESS ENVIRONMENT OF AMESBURY AS A WHOLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $163,127

Program Service Revenue $37,586

Investment Income $2,008

Other Revenue $37,750

TOTAL REVENUE $240,471

Expense Breakdown

Grants Paid $0

Salaries & Benefits $95,140

Fundraising Expenses $0

Program Expenses $110,304

Other Expenses $133,564

TOTAL EXPENSES $228,704

Year-over-Year Comparison

	2023	2022	Change
Revenue	$240,471	$266,833	-0.1%
Expenses	$228,704	$246,802	-0.1%
Net Income	$11,767	$20,031	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTOINETTE WHITNEY	CHAIR	1.00	Officer Director	$0	$0	$0
JUDY DODIER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MONIQUE GRIFFIN	TREASURER	1.00	Officer Director	$0	$0	$0
ADELINE MATTON	CLERK	1.00	Officer Director	$0	$0	$0
CRAIG BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE BAKER	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN GAIERO	DIRECTOR	1.00	Director	$0	$0	$0
MIKE LAMBERT	DIRECTOR	1.00	Director	$0	$0	$0
DANIELLE HOLMES	DIRECTOR	1.00	Director	$0	$0	$0
BEN BECKER	DIRECTOR	1.00	Director	$0	$0	$0
MATT BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
SACHA FIELD	DIRECTOR	1.00	Director	$0	$0	$0
MATT SHERRILL	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE DOUCETTE	DIRECTOR	1.00	Director	$0	$0	$0
STEVE BELMONTE	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
2025	No data	No data	No data	No data
2024	$240,471	$228,704	$160,327	$11,767
2023	$266,833	$246,802	$179,328	$20,031
2022	$258,566	$230,512	$150,823	$28,054
2021	$233,094	$162,914	$123,163	$70,180
2020	$144,271	$164,546	$56,216	$-20,275
2019	$294,197	$230,901	$69,466	$63,296
2018	$155,236	$214,112	$69,313	$-58,876

AMESBURY CHAMBER OF COMMERCE & INDUSTRIAL FOUNDATION INC