WEST SHORE CHAMBER OF COMMERCE (EIN 231329320) - 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

1956

Legal Domicile

Principal Officer

GEORGE BOOK JR

Phone

7177610702

Tax Period

2023-01-01 to 2023-12-31

WEST SHORE CHAMBER OF COMMERCE, founded in 1956, is a small nonprofit that reported $399K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $443K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE WEST SHORE CHAMBER WAS FORMED FOR THE PURPOSE OF ADVANCING, COORDINATING, PROMOTING AND UNIFYING CIVIC, COMMERCIAL, ECONOMIC AND INDUSTRIAL INTERESTS IN THE GREATER WEST SHORE AREA, ITS ADJACENT TRADING AND BUSINESS AREAS AND THE PEOPLE RESIDING THEREIN.

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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 $391,937

Investment Income $46

Other Revenue $6,635

TOTAL REVENUE $398,618

Expense Breakdown

Grants Paid $0

Salaries & Benefits $281,728

Fundraising Expenses $0

Other Expenses $161,580

TOTAL EXPENSES $443,308

Year-over-Year Comparison

	2023	2022	Change
Revenue	$398,618	$435,257	-0.1%
Expenses	$443,308	$438,092	+0.0%
Net Income	$-44,690	$-2,835	+14.8%

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

$93,504

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SALVATORE FAZZOLARI	IMMEDIATE PA	1.00	Officer Director	$0	$0	$0
LAUREN FENNER	TREASURER	1.00	Officer Director	$0	$0	$0
DEVON SPRENKLE	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN ENGLE	DIRECTOR	1.00	Director	$0	$0	$0
AUTUMN LANG	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN LUBART	CHAIR	1.00	Officer Director	$0	$0	$0
JAMES MURDOCH	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE KEENER	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN EVANS	DIRECTOR	1.00	Director	$0	$0	$0
LYNN STICKLER	DIRECTOR	1.00	Director	$0	$0	$0
BERT WENDELN	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN WILT	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM WURSTER	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE BOOK JR	PRESIDENT &	40.00	Officer	$90,780	$2,724	$93,504

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	$398,618	$443,308	$377,633	$-44,690
2022	$435,257	$438,092	$406,643	$-2,835
2021	$478,478	$303,362	$370,088	$175,116
2020	$322,063	$270,086	$212,846	$51,977
2019	$448,863	$414,873	$157,452	$33,990
2018	$432,926	$445,151	$180,842	$-12,225

WEST SHORE CHAMBER OF COMMERCE