EDISON CHAMBER OF COMMERCE (EIN 221841265) - 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

1952

Legal Domicile

Principal Officer

CRAIG MELTON

Phone

7327389482

Tax Period

2024-01-01 to 2024-12-31

EDISON CHAMBER OF COMMERCE, founded in 1952, is a small nonprofit that reported $321K in total revenue in fiscal year 2024. Expenses of $305K left a modest 5% surplus.

Mission

THE EDISON CHAMBER OF COMMERCE IS A SERVICE ORGANIZATION FOR THE BUSINESS COMMUNITY OF EDISON TOWNSHIP THAT 1) ASSISTS, NEW, EXISTING AND DIVERSE MEMBERS IN GROWING THEIR BUSINESS, 2) SERVES AS A CATALYST AND ADVOCATES FOR THE ECONOMIC SUCCESS OF OUR MEMBERS 3) PROMOTES A THRIVING AND VIBRANT BUSINESS COMMUNITY TO HELP OUR MEMBERS PROSPER, AND 4) PARTNERS WITH OUR COMMUNITY IN SUPPORT CIVIC, SOCIAL, AND CULTURAL ISSUES.

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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 $56,225

Program Service Revenue $264,986

Investment Income $3

Other Revenue $0

TOTAL REVENUE $321,214

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,179

Fundraising Expenses $76,625

Program Expenses $166,008

Other Expenses $175,296

TOTAL EXPENSES $305,475

Year-over-Year Comparison

	2024	2023	Change
Revenue	$321,214	$314,928	+0.0%
Expenses	$305,475	$310,857	0.0%
Net Income	$15,739	$4,071	+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

Governance

Voting Members

Independent Members

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

$74,500

Total Directors

$74,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE COYLE	PRESIDENT/CEO	40.00	Officer Director	$0	$0	$74,500
ART CIFELLI	CHAIRPERSON	0.00	Officer Director	$0	$0	$0
ANGELA HOLDREN	SECRETARY	0.00	Officer Director	$0	$0	$0
CRAIG MELTON	TREASURER	0.00	Officer Director	$0	$0	$0
MANISHA SUBRAMANIAN	DIRECTOR	0.00	Director	$0	$0	$0
PETER GREENBAUM	DIRECTOR	0.00	Director	$0	$0	$0
BERNADETTE SOHLER	DIRECTOR	0.00	Director	$0	$0	$0
NICOLE VISCEGLIA ROGERS	DIRECTOR	0.00	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
2024	$321,214	$305,475	$144,825	$15,739
2023	$314,928	$310,857	$28,236	$4,071
2022	$289,268	$313,708	$24,167	$-24,440
2021	$279,717	$299,243	$48,608	$-19,526
2020	$229,601	$203,305	$68,134	$26,296
2019	$355,165	$380,377	$41,838	$-25,212
2018	$237,406	$276,709	$67,050	$-39,303

EDISON CHAMBER OF COMMERCE