SPARTA CHAMBER OF COMMERCE

EIN: 382497086 Community Improvement

SPARTA, MI

Total Revenue
$88,823
Total Expenses
$57,984
Total Assets
$96,113
Net Assets
$95,204
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MI
Principal Officer
ELIZABETH MORSE
Phone
6168872454
Tax Period
2020-01-01 to 2020-12-31

SPARTA CHAMBER OF COMMERCE, founded in 2005, is a micro nonprofit in the Community Improvement sector that reported $89K in total revenue in fiscal year 2020. Revenue fell 68% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $31K, a strong 35% operating margin.

Mission

TO BUILD A SENSE OF COMMUNITY AMONGST THE BUSINESSES IN THE SPARTA AREA AND TO PROVIDE ACTIVITIES THAT ENHANCE THE QUALITY OF LIFE IN THE SPARTA 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%)

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $86,258
Program Service Revenue $0
Investment Income $213
Other Revenue $2,352
TOTAL REVENUE $88,823

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,278
Fundraising Expenses $19,708
Other Expenses $43,706
TOTAL EXPENSES $57,984

Year-over-Year Comparison

2020 2019 Change
Revenue $88,823 $278,649 -0.7%
Expenses $57,984 $276,491 -0.8%
Net Income $30,839 $2,158 +13.3%
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
1
Volunteers
10

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT SHANGLE TRUSTEE 2.00
Director
$0 $0 $0
DANA QUICK PRESIDENT 5.00
Officer
$0 $0 $0
KONRAD RACLAWSKI TREASURER 5.00
Officer
$0 $0 $0
CARRIE OLSON TRUSTEE 2.00
Director
$0 $0 $0
JORDAN KOWALKOWSKI TRUSTEE 2.00
Director
$0 $0 $0
MARYANNE WRIGHT TRUSTEE 2.00
Director
$0 $0 $0
AMBER MARKS TRUSTEE 2.00
Director
$0 $0 $0
ANN PFEFFER TRUSTEE 2.00
Director
$0 $0 $0
BRENDA BRAYBROOK VICE PRESIDENT 5.00
Officer
$0 $0 $0
THOMAS CHESLEK TRUSTEE 2.00
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
2020 $88,823 $57,984 $96,113 $30,839
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SPARTA CHAMBER OF COMMERCE with other nonprofits in Michigan and across the country.