GREATER HOLYOKE CHAMBER CENTENNIAL FOUNDATION INC (EIN 110339109) - 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

1990

Legal Domicile

Principal Officer

BARRY FEINGOLD

Phone

4135343376

Tax Period

2017-07-01 to 2018-06-30

GREATER HOLYOKE CHAMBER CENTENNIAL FOUNDATION INC, founded in 1990, is a small nonprofit that reported $750K in total revenue in fiscal year 2017. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 39% operating deficit.

Mission

TO PROMOTE ADULT AND FAMILY LITERACY IN THE HOLYOKE AREA AND TO ASSIST IN JOB PLACEMENT FOR UNEMPLOYED COMMUNITY RESIDENTS IN LOCAL BUSINESSES.

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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 (2017)

Revenue Breakdown

Contributions & Grants $187,286

Program Service Revenue $458,890

Investment Income $65,475

Other Revenue $38,031

TOTAL REVENUE $749,682

Expense Breakdown

Grants Paid $96,391

Salaries & Benefits $529,442

Fundraising Expenses $0

Program Expenses $849,442

Other Expenses $415,197

TOTAL EXPENSES $1,041,030

Year-over-Year Comparison

	2017	2016	Change
Revenue	$749,682	$1,155,916	-0.4%
Expenses	$1,041,030	$1,305,486	-0.2%
Net Income	$-291,348	$-149,570	+0.9%

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

$81,366

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARRY FEINGOLD	PRESIDENT	19.00	Officer	$0	$0	$0
JEFFREY SULLIVAN	CHAIRMAN	0.50	Officer Director	$0	$0	$0
HARRY MONTALVO	VICE CHAIRMAN	0.50	Officer Director	$0	$0	$0
GEORGE MULRY	TREASURER	0.50	Officer Director	$0	$0	$0
ATTORNEY JOHN FERRITER	CLERK	0.50	Officer Director	$0	$0	$0
PATRICIA CANAVAN	DIRECTOR	0.50	Director	$0	$0	$0
DAVID CRUISE	DIRECTOR	0.50	Director	$0	$0	$0
MARIA FERRER	DIRECTOR	0.50	Director	$0	$0	$0
DR CHRISTINA ROYAL	DIRECTOR	0.50	Director	$0	$0	$0
LAUREN G SCRUGGS	DIRECTOR	0.50	Director	$0	$0	$0
PAUL STELZER	DIRECTOR	0.50	Director	$0	$0	$0
STEPHEN ZRIKE	DIRECTOR	0.50	Director	$0	$0	$0
KATHLEEN ANDERSON	PRESIDENT	19.00	Officer	$0	$1,464	$81,366

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
2018	$749,682	$1,041,030	$418,389	$-291,348

GREATER HOLYOKE CHAMBER CENTENNIAL FOUNDATION INC