GREATER OCEAN TWP CHAMBER OF COMMERCE (EIN 222929297) - 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

Phone

7326601888

Tax Period

2022-01-01 to 2022-12-31

GREATER OCEAN TWP CHAMBER OF COMMERCE, founded in 1985, is a micro nonprofit that reported $60K in total revenue in fiscal year 2022. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $80K exceeded revenue, resulting in a 34% operating deficit.

Mission

TO ADVOCATE FOR THE BUSINESS COMMUNITY

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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 (2022)

Revenue Breakdown

Contributions & Grants $21,890

Program Service Revenue $0

Investment Income $0

Other Revenue $38,070

TOTAL REVENUE $59,960

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,032

Fundraising Expenses $12,596

Other Expenses $53,073

TOTAL EXPENSES $80,105

Year-over-Year Comparison

	2022	2021	Change
Revenue	$59,960	$49,153	+0.2%
Expenses	$80,105	$44,304	+0.8%
Net Income	$-20,145	$4,849	-5.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE KING	Secretary	2.00	Director	$0	$0	$0
PATRICIA MURCH	Vice President	0.00	Director	$0	$0	$0
DAVID BROWN	Treasurer	0.00	Director	$0	$0	$0
MARTIN ARBUS	Director	0.00	Director	$0	$0	$0
DOUGLAS WIDMAN	Director	0.00	Director	$0	$0	$0
JOHN AMATO	Director	0.00	Director	$0	$0	$0
SHARON VINSON-GRAYS	Director	0.00	Director	$0	$0	$0
DAVID KOLAKOWSKI	President	2.00	Director	$0	$0	$0
ROBERT ACERRA	Director	0.00	Director	$0	$0	$0
ANNA MAYER	Director	0.00	Director	$0	$0	$0
PAMELA FOLEY CROUCH	Director	0.00	Director	$0	$0	$0
NICHOLAS GRADONE	Director	2.00	Director	$0	$0	$0
ROBERT HAZELRIGG	Director	0.00	Director	$0	$0	$0
LISA LITTMAN	Director	0.00	Director	$0	$0	$0
ANNE MARIE SPARACO	Director	0.00	Director	$0	$0	$0
REGINA LONGO	Executive Dir.	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
2022	$59,960	$80,105	$8,257	$-20,145
2021	$49,153	$44,304	$28,402	$4,849
2020	$34,421	$41,538	$25,466	$-7,117

GREATER OCEAN TWP CHAMBER OF COMMERCE