BISMARCK-MANDAN CHAMBER FOUNDATION (EIN 263807225) - 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

2008

Legal Domicile

Principal Officer

KELVIN HULLET

Phone

7012235660

Tax Period

2022-01-01 to 2022-12-31

BISMARCK-MANDAN CHAMBER FOUNDATION, founded in 2008, is a small nonprofit in the Youth Development sector that reported $198K in total revenue in fiscal year 2022. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $162K, a strong 81% operating margin.

Mission

THE PURPOSE OF THE FOUNDATION IS TO PROVIDE CHARITABLE SERVICES TO THE COMMUNITIES OF BISMARCK/MANDAN NORTH DAKOTA BY WORKING IN CONJUNCTION WITH THE BISMARCK MANDAN CHAMBER EDC, A SEPARATE 501(C)(6) ENTITY

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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 $198,299

Program Service Revenue $0

Investment Income $5

Other Revenue $0

TOTAL REVENUE $198,304

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $36,769

Other Expenses $36,769

TOTAL EXPENSES $36,769

Year-over-Year Comparison

	2022	2021	Change
Revenue	$198,304	$225,058	-0.1%
Expenses	$36,769	$27,224	+0.4%
Net Income	$161,535	$197,834	-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

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
KELVIN HULLET	PRESIDENT	1.00	Officer Director	$0	$0	$0
NATE MARTINDALE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
STACEY THOMAS	TREASURER	1.00	Officer Director	$0	$0	$0
LISA CHAFFEE	DIRECTOR	1.00	Director	$0	$0	$0
STACY DUTOIT	DIRECTOR	1.00	Director	$0	$0	$0
JON SIMMERS	DIRECTOR	1.00	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	$198,304	$36,769	$1,011,349	$161,535
2021	$225,058	$27,224	$797,092	$197,834
2020	$299,331	$75,139	$839,023	$224,192
2019	$242,469	$73,513	$838,632	$168,956
2018	$378,027	$53,266	$247,677	$324,761

BISMARCK-MANDAN CHAMBER FOUNDATION