DEFIANCE AREA CHAMBER OF COMMERCE (EIN 344217182) - 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

1938

Legal Domicile

Principal Officer

RAY MEIERS

Phone

4197827946

Tax Period

2023-01-01 to 2023-12-31

DEFIANCE AREA CHAMBER OF COMMERCE, founded in 1938, is a small nonprofit that reported $233K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $225K left a modest 3% surplus.

Mission

THE DEFIANCE AREA CHAMBER OF COMMERCE MISSION STATEMENT IS TO PROMOTE OUR BUSINESS COMMUNITY BY GATHERING AND DISSEMINATING INFORMATION, KEEPING ADVISED OF ALL RELEVANT GOVERNMENT ISSUES, ADVOCATING FOR MEMBERS' INTERESTS, AND SERVING AS A CATALYST FOR GROWTH AND PROSPERITY.

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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 $9,184

Program Service Revenue $199,676

Investment Income $210

Other Revenue $23,563

TOTAL REVENUE $232,633

Expense Breakdown

Grants Paid $0

Salaries & Benefits $129,387

Fundraising Expenses $0

Program Expenses $151,587

Other Expenses $95,800

TOTAL EXPENSES $225,187

Year-over-Year Comparison

	2023	2022	Change
Revenue	$232,633	$211,954	+0.1%
Expenses	$225,187	$204,496	+0.1%
Net Income	$7,446	$7,458	0.0%

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

$73,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH A TACKETT	EXECUTIVE DI	40.00	Officer	$73,500	$0	$73,500
ADAM BATES	SECRETARY	1.00	Officer Director	$0	$0	$0
ROB BOURN	TREASURER	1.00	Officer Director	$0	$0	$0
MAGGIE CARICO	TRUSTEE	1.00	Director	$0	$0	$0
BRETT DECKER	TRUSTEE	1.00	Director	$0	$0	$0
JAMIE FLEMING	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JACOB FRY	TRUSTEE	1.00	Director	$0	$0	$0
STEVE FURNAS	TRUSTEE	1.00	Director	$0	$0	$0
COREY HALE	TRUSTEE	1.00	Director	$0	$0	$0
STEVE HEILSHORN	TRUSTEE	1.00	Director	$0	$0	$0
MAUREEN KILLION	TRUSTEE	1.00	Director	$0	$0	$0
KIRSTIE MACK	TRUSTEE	1.00	Director	$0	$0	$0
LAURIE MCCANN	CHAIR	1.00	Officer Director	$0	$0	$0
RAY MEIERS	PAST CHAIR	1.00	Officer Director	$0	$0	$0
RANDY MITCHELL	TRUSTEE	1.00	Director	$0	$0	$0
CAM STANLEY	TRUSTEE	1.00	Director	$0	$0	$0
CURTIS SWITZER	TRUSTEE	1.00	Director	$0	$0	$0
NICOLE ZOLMAN	TRUSTEE	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
2024	No data	No data	No data	No data
2023	$232,633	$225,187	$185,687	$7,446
2022	$211,954	$204,496	$176,759	$7,458
2021	$215,219	$198,888	$169,265	$16,331
2020	$167,552	$201,001	$152,821	$-33,449
2019	$187,968	$202,311	$185,210	$-14,343
2018	$174,135	$171,834	$200,480	$2,301

DEFIANCE AREA CHAMBER OF COMMERCE