FRANKENMUTH CHAMBER OF COMMERCE (EIN 381868259) - 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

1906

Legal Domicile

Principal Officer

JAMIE FURBUSH

Phone

9896526106

Tax Period

2023-10-01 to 2024-09-30

FRANKENMUTH CHAMBER OF COMMERCE, founded in 1906, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $3.2M left a modest 9% surplus.

Mission

ADVANCEMENT OF THE CIVIC, COMMERCIAL, INDUSTRIAL, EDUCATIONAL AND CULTURAL INTERESTS OF FRANKENMUTH, MI.

🔒

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 $46,750

Program Service Revenue $3,435,606

Investment Income $3,220

Other Revenue $0

TOTAL REVENUE $3,485,576

Expense Breakdown

Grants Paid $0

Salaries & Benefits $638,773

Fundraising Expenses $0

Program Expenses $3,188,683

Other Expenses $2,549,910

TOTAL EXPENSES $3,188,683

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,485,576	$3,152,166	+0.1%
Expenses	$3,188,683	$2,429,064	+0.3%
Net Income	$296,893	$723,102	-0.6%

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

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

$140,414

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMIE FURBUSH	CEO	40.00	Officer	$140,414	$0	$140,414
ADAM BARDEN	DIRECTOR	1.00	Director	$0	$0	$0
KELLY BAUMGARTNER	DIRECTOR	1.00	Director	$0	$0	$0
MATT HOTCHKISS	DIRECTOR	1.00	Director	$0	$0	$0
JAMES JONES	DIRECTOR	1.00	Director	$0	$0	$0
CINDY KEINATH	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW KELLER	DIRECTOR	1.00	Director	$0	$0	$0
CATHY KRUEGER	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE MATTICE	DIRECTOR	1.00	Director	$0	$0	$0
ZAK MCCLELLAN	DIRECTOR	1.00	Director	$0	$0	$0
CHUCK STADLER	DIRECTOR	1.00	Director	$0	$0	$0
KEN WOLVERTON	DIRECTOR	1.00	Director	$0	$0	$0
KATIE ZEHNDER	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW AHLSCHWEDE	PRESIDENT	2.00	Officer	$0	$0	$0
MIKE GROSSI	TREASURER	2.00	Officer	$0	$0	$0
DEE RUGGIRELLO	PAST PRESIDE	2.00	Officer	$0	$0	$0
NICK SHELTON	VICE PRESIDE	2.00	Officer	$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	$3,485,576	$3,188,683	$4,386,100	$296,893
2023	$3,152,166	$2,429,064	$3,858,322	$723,102
2022	$3,237,241	$2,609,126	$3,304,288	$628,115
2021	$2,019,503	$1,419,739	$2,656,396	$599,764
2020	$1,733,378	$1,499,166	$1,890,100	$234,212
2019	$2,270,158	$1,900,080	$1,717,557	$370,078
2018	$1,612,264	$1,546,945	$1,157,415	$65,319

FRANKENMUTH CHAMBER OF COMMERCE