FLAGLER COUNTY CHAMBER FOUNDATION ATTN MARK LANGELLO CHAIRMAN

EIN: 202745914 501(c)(3)

PALM COAST, FL

Total Revenue
$14,854
Total Expenses
$18,027
Total Assets
$45,150
Net Assets
$45,150
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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
2005
Legal Domicile
FL
Principal Officer
AIMEE STAFFORD
Phone
3864370106
Tax Period
2019-01-01 to 2019-12-31

FLAGLER COUNTY CHAMBER FOUNDATION ATTN MARK LANGELLO CHAIRMAN, founded in 2005, is a micro nonprofit that reported $15K in total revenue in fiscal year 2019. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $18K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROMOTE ECONOMIC GROWTH AND DEVELOPMENT IN FLAGLER COUNTY.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $4,200
Program Service Revenue $10,654
Investment Income $0
Other Revenue $0
TOTAL REVENUE $14,854

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,966
Other Expenses $18,027
TOTAL EXPENSES $18,027

Year-over-Year Comparison

2019 2018 Change
Revenue $14,854 $38,433 -0.6%
Expenses $18,027 $36,789 -0.5%
Net Income $-3,173 $1,644 -2.9%
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

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Governance

Voting Members
7
Independent Members
7
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
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLEN GOODMAN PAST CHAIR 1.00
Officer Director
$0 $0 $0
MICHAEL CHIUMENTO III VICE CHAIR 1.00
Officer Director
$0 $0 $0
LEA STOKES DIRECTOR 1.00
Officer Director
$0 $0 $0
AIMEE STAFFORD PRESIDENT/CE 5.00
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 $14,854 $18,027 $45,150 $-3,173
2018 $38,433 $36,789 $48,323 $1,644
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