WELLS COUNTY CHAMBER OF COMMERCE (EIN 350778401) - 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

1953

Legal Domicile

Phone

2608240510

Tax Period

2024-01-01 to 2024-12-31

WELLS COUNTY CHAMBER OF COMMERCE, founded in 1953, is a small nonprofit that reported $554K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

LOCAL ECONOMIC DEVELOPMENT & CHAMBER OF COMMERCE DUTIES

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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 (2024)

Revenue Breakdown

Contributions & Grants $242,078

Program Service Revenue $244,097

Investment Income $23,376

Other Revenue $44,712

TOTAL REVENUE $554,263

Expense Breakdown

Grants Paid $0

Salaries & Benefits $389,711

Fundraising Expenses $0

Other Expenses $207,557

TOTAL EXPENSES $597,268

Year-over-Year Comparison

	2024	2023	Change
Revenue	$554,263	$592,461	-0.1%
Expenses	$597,268	$529,195	+0.1%
Net Income	$-43,005	$63,266	-1.7%

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

Total Directors

$86,969

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIN PRIBLE	Director	40.00	Director	$86,969	$0	$86,969
JULIE THOMPSON	Vice President	0.00	Officer Director	$0	$0	$0
GINA EISENHUT	Director	0.00	Director	$0	$0	$0
TRENT BUCHER	TREASURER	1.00	Officer Director	$0	$0	$0
KEITH MUHLENKAMP	Director	0.00	Director	$0	$0	$0
PIERCEN HARNISH	Director	0.00	Director	$0	$0	$0
EVENTT NORRIS	Director	0.00	Director	$0	$0	$0
MIKE SPRINGER	Director	0.00	Director	$0	$0	$0
PATTY RANDALL	President	0.00	Officer Director	$0	$0	$0
JOHN STAUFFER	Director	0.00	Director	$0	$0	$0
SAM HAIFLICH	President	0.00	Officer Director	$0	$0	$0
ANGIE TOPP	Director	0.00	Director	$0	$0	$0
RICK GENTIS	Past President	0.00	Director	$0	$0	$0
SARAH MACNEILL	Secretary	0.00	Officer Director	$0	$0	$0
LARRY SMITH	Director	0.00	Director	$0	$0	$0
JULIE QUINN	Director	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
2024	$554,263	$597,268	$1,084,312	$-43,005
2023	$592,461	$529,195	$1,166,763	$63,266
2022	$533,187	$481,719	$1,034,586	$51,468
2021	$481,777	$453,658	$942,961	$28,119
2020	$466,564	$434,339	$903,618	$32,225
2019	$425,385	$384,082	$810,616	$41,303
2018	$374,051	$342,506	$777,799	$31,545

WELLS COUNTY CHAMBER OF COMMERCE