ALEXANDRIA BAY CHAMBER OF COMMERCE INC (EIN 150596934) - 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

1928

Legal Domicile

Principal Officer

MARY COMPEAU

Phone

3154829531

Tax Period

2024-01-01 to 2024-12-31

ALEXANDRIA BAY CHAMBER OF COMMERCE INC, founded in 1928, is a small nonprofit in the Community Improvement sector that reported $175K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $197K exceeded revenue, resulting in a 12% operating deficit.

Mission

PROMOTE TOURISM IN THE THOUSAND ISLANDS REGION

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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 (2024)

Revenue Breakdown

Contributions & Grants $111,129

Program Service Revenue $46,154

Investment Income $0

Other Revenue $17,947

TOTAL REVENUE $175,230

Expense Breakdown

Grants Paid $0

Salaries & Benefits $73,851

Fundraising Expenses $0

Program Expenses $196,513

Other Expenses $122,662

TOTAL EXPENSES $196,513

Year-over-Year Comparison

	2024	2023	Change
Revenue	$175,230	$214,245	-0.2%
Expenses	$196,513	$247,370	-0.2%
Net Income	$-21,283	$-33,125	-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

$57,100

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY COMPEAU	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOSH DAVID	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CATHY GARLOCK	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RON THOMSON	TREASURER	1.00	Officer Director	$0	$0	$0
ALAN TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
NATE SOURWINE	DIRECTOR	1.00	Director	$0	$0	$0
TOM FEINBERG	DIRECTOR	1.00	Director	$0	$0	$0
GARY WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
TAMMY QUINN	DIRECTOR	1.00	Director	$0	$0	$0
RICK THOMSON	DIRECTOR	1.00	Director	$0	$0	$0
CYNDIE TIFFT	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY CARLOS	EXECUTIVE DIRECTOR	20.00	Officer	$57,100	$0	$57,100

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	$175,230	$196,513	$32,833	$-21,283
2023	$214,245	$247,370	$56,560	$-33,125
2022	$188,404	$238,942	$89,235	$-50,538
2021	$207,939	$236,147	$135,288	$-28,208
2020	$158,712	$158,715	$161,743	$-3
2019	$196,654	$223,839	$160,744	$-27,185

ALEXANDRIA BAY CHAMBER OF COMMERCE INC