THE NORWEGIAN AMERICAN CHAMBER OF COMMERCE INCORPORATED (EIN 131605825) - 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

1915

Legal Domicile

Principal Officer

LIVE SLETTEN DIAKOLIOS

Phone

6468831760

Tax Period

2019-01-01 to 2019-12-31

THE NORWEGIAN AMERICAN CHAMBER OF COMMERCE INCORPORATED, founded in 1915, is a small nonprofit that reported $139K in total revenue in fiscal year 2019. Revenue fell 23% from the prior year — a significant decline worth monitoring.

Mission

THE PURPOSES OF THE NORWEGIAN AMERICAN CHAMBER OF COMMERCE, INCORPORATED (THE CORPORATION) SHALL BE TO PROMOTE TRADE AND GOODWILL AND TO FOSTER BUSINESS, FINANCIAL AND PROFESSIONAL INTERESTS BETWEEN NORWAY AND THE UNITED STATES OF AMERICA, TO ADVANCE THE COMMON PURPOSES OF ITS MEMBERS, AND FACILITATE CONTACTS AMONG ITS MEMBERS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $97,006

Program Service Revenue $36,778

Investment Income $85

Other Revenue $5,000

TOTAL REVENUE $138,869

Expense Breakdown

Grants Paid $0

Salaries & Benefits $104,723

Fundraising Expenses $0

Program Expenses $121,112

Other Expenses $38,513

TOTAL EXPENSES $143,236

Year-over-Year Comparison

	2019	2018	Change
Revenue	$138,869	$180,626	-0.2%
Expenses	$143,236	$234,647	-0.4%
Net Income	$-4,367	$-54,021	-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

N/A

Independent Members

N/A

Employees

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

$69,583

Total Directors

$69,583

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LIVE SLETTEN DIAKOLIOS	EXECUTIVE DI	40.00	Officer Director	$69,583	$0	$69,583
W CAMERON BAIRD	PRESIDENT	1.00	Officer	$0	$0	$0
JOHN BENSON	TREASURER	1.00	Officer	$0	$0	$0
STEVEN PERI	VICE PRESIDE	1.00	Officer	$0	$0	$0
JOVI TENEX	SECRETARY	1.00	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
2019	$138,869	$143,236	$234,357	$-4,367

THE NORWEGIAN AMERICAN CHAMBER OF COMMERCE INCORPORATED