FRENCH AMERICAN CHAMBER OF COMMERCE INC (EIN 222801118) - 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

1985

Legal Domicile

Principal Officer

PATRICK BIAN

Phone

6175762005

Tax Period

2023-01-01 to 2023-12-31

FRENCH AMERICAN CHAMBER OF COMMERCE INC, founded in 1985, is a small nonprofit that reported $322K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $294K left a modest 9% surplus.

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO FACILITATE BUSINESS CONNECTIONS BETWEEN NEW ENGLAND AND FRENCH BUSINESS COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $322,202

Investment Income $101

Other Revenue $0

TOTAL REVENUE $322,303

Expense Breakdown

Grants Paid $0

Salaries & Benefits $187,868

Fundraising Expenses $0

Program Expenses $283,191

Other Expenses $106,419

TOTAL EXPENSES $294,287

Year-over-Year Comparison

	2023	2022	Change
Revenue	$322,303	$226,973	+0.4%
Expenses	$294,287	$192,640	+0.5%
Net Income	$28,016	$34,333	-0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
KAREN PEVENSTEIN	MS.	Director	$0	$0	$0
ARMAND ADANDE	MR.	Director	$0	$0	$0
AMI WRIGHT	MS.	Director	$0	$0	$0
CHRIS HOTE	MR.	Director	$0	$0	$0
JEROME URVOY	MR.	Director	$0	$0	$0
STEVEN EICHEL	VICE PRESIDENT	Officer Director	$0	$0	$0
JEFFREY PLUNKETT	SECRETARY	Officer Director	$0	$0	$0
PATRICK BIAN	PRESIDENT	Officer Director	$0	$0	$0
ROBERT CIAMPA	MR.	Director	$0	$0	$0
PHILIPPE LATAPIE	MR.	Director	$0	$0	$0
LOREDANA SANDU VIEIL	MS.	Director	$0	$0	$0
PHILIPPE SAUVAGE	TREASURER	Officer Director	$0	$0	$0
NICOLAS BRIEST	MR.	Director	$0	$0	$0
LAURE BERLINER	MS.	Director	$0	$0	$0
MURIELLE MARTIN	MS.	Director	$0	$0	$0
BEATRICE THOUVENY	MS.	Director	$0	$0	$0
DANIELA MAYER	MS.	Director	$0	$0	$0
JOHN DVOR	MR.	Director	$0	$0	$0
VERONIQUE BOURGIER	MS.	Director	$0	$0	$0
ALAIN EUDARIC	MR.	Director	$0	$0	$0
LOUISE ROUSSEL	MS.	Director	$0	$0	$0
NICOLE FERRY-LACCHIA	MS.	Director	$0	$0	$0
ALBAN MAINO	MR.	Director	$0	$0	$0
STEPHANIE OESTREICH	MS.	Director	$0	$0	$0
MUSTAFA SOYKURT	MR.	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	No data	No data	No data	No data
2023	$322,303	$294,287	$137,638	$28,016
2022	$226,973	$192,640	$106,654	$34,333
2021	$115,287	$143,006	$72,146	$-27,719
2020	$118,639	$176,759	$102,788	$-58,120
2019	$260,734	$263,933	$102,147	$-3,199
2018	$249,137	$260,607	$105,346	$-11,470

FRENCH AMERICAN CHAMBER OF COMMERCE INC