YOUNGSTOWN WARREN REGIONAL CHAMBER OF COMMERCE FOUNDATION (EIN 341582341) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

GUY COVIELLO

Phone

3307442131

Tax Period

2023-01-01 to 2023-12-31

YOUNGSTOWN WARREN REGIONAL CHAMBER OF COMMERCE FOUNDATION, founded in 1987, is a small nonprofit in the Community Improvement sector that reported $664K in total revenue in fiscal year 2023.

Mission

TO OPERATE FOR CHARITABLE PURPOSES THAT EXCLUSIVELY BENEFIT OR CARRY OUT THE CHARITABLE, EDUCATIONAL AND/OR ECONOMIC DEVELOPMENT PURPOSES OF THE YOUNGSTOWN/WARREN REGIONAL CHAMBER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $644,207

Program Service Revenue $0

Investment Income $19,445

Other Revenue $0

TOTAL REVENUE $663,652

Expense Breakdown

Grants Paid $453,300

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $639,616

Other Expenses $197,146

TOTAL EXPENSES $650,446

Year-over-Year Comparison

	2023	2022	Change
Revenue	$663,652	$695,446	0.0%
Expenses	$650,446	$284,898	+1.3%
Net Income	$13,206	$410,548	-1.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$106,427

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THEODORE SCHMIDT	TREASURER	1.00	Officer Director	$0	$0	$0
FRED MORAN	TRUSTEE	1.00	Director	$0	$0	$0
ERIC SCHUSTER	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT FLEMING	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW BLAIR	CHAIRMAN	1.00	Officer Director	$0	$0	$0
GARRY MROZEK	TRUSTEE	1.00	Director	$0	$0	$0
JIMMY DOBSON AS OF 52023	TRUSTEE	1.00	Director	$0	$0	$0
RON KLINGLE	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL SCHROCK	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
GARY SMALL	TRUSTEE	1.00	Director	$0	$0	$0
SAM MILLER AS OF 82023	TRUSTEE	1.00	Director	$0	$0	$0
JAMES GASIOR	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL MCGIFFIN	PRESIDENT	8.00	Officer	$0	$24,635	$106,427

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	$663,652	$650,446	$1,250,832	$13,206
2022	$695,446	$284,898	$887,292	$410,548
2021	$502,339	$57,275	$544,244	$445,064
2020	$501,306	$455,970	$143,321	$45,336
2019	$677,193	$661,154	$105,289	$16,039
2018	$448,538	$408,782	$113,854	$39,756

YOUNGSTOWN WARREN REGIONAL CHAMBER OF COMMERCE FOUNDATION