WYOMING AREA CHAMBER OF COMMERCE (EIN 382343098) - 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

1980

Legal Domicile

Principal Officer

KEITH MORGAN

Phone

6165315990

Tax Period

2023-01-01 to 2023-12-31

WYOMING AREA CHAMBER OF COMMERCE, founded in 1980, is a small nonprofit that reported $191K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $220K exceeded revenue, resulting in a 16% operating deficit.

Mission

CHAMBER OF COMMERCE - DEVELOP AND IMPROVE BUSINESS CONDITIONS IN THE WYOMING AND KENTWOOD AREA

🔒

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 $44,925

Program Service Revenue $150,939

Investment Income $665

Other Revenue $-5,736

TOTAL REVENUE $190,793

Expense Breakdown

Grants Paid $0

Salaries & Benefits $129,372

Fundraising Expenses $0

Other Expenses $91,102

TOTAL EXPENSES $220,474

Year-over-Year Comparison

	2023	2022	Change
Revenue	$190,793	$143,347	+0.3%
Expenses	$220,474	$170,213	+0.3%
Net Income	$-29,681	$-26,866	+0.1%

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

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

$77,291

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH MORGAN	PRESIDENT	40.00	Officer	$73,884	$3,407	$77,291
BILL HAHN	DIRECTOR	N/A	Director	$0	$0	$0
CASEY O'NEILL	DIRECTOR	N/A	Director	$0	$0	$0
VALERIE COOK	BOARD CHAIR	N/A	Director	$0	$0	$0
EMMY WARNER	DIRECTOR	N/A	Director	$0	$0	$0
NICK KUNCAITIS	BOARD VICE C	N/A	Director	$0	$0	$0
SUMMER VASQUEZ	BOARD SENIOR	N/A	Director	$0	$0	$0
SHANE MYAS	DIRECTOR	N/A	Director	$0	$0	$0
BETSEY ARTZ	DIRECTOR	N/A	Director	$0	$0	$0
JONATHAN WILSON	DIRECTOR	N/A	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
2023	$190,793	$220,474	$37,441	$-29,681
2022	$143,347	$170,213	$64,588	$-26,866
2021	$99,944	$97,572	$92,447	$2,372
2020	$136,614	$128,295	$116,238	$8,319

WYOMING AREA CHAMBER OF COMMERCE