BYRON CENTER CHAMBER OF COMMERCE (EIN 383476240) - 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

2004

Legal Domicile

Principal Officer

LESLEY EMMONS

Phone

6168780108

Tax Period

2023-01-01 to 2023-12-31

BYRON CENTER CHAMBER OF COMMERCE, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $144K in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. Expenses of $124K left a modest 14% surplus.

Mission

TO PROMOTE BUSINESS GROWTH AND DEVELOPMENT WHICH ENHANCES THE COMMUNITY. TO ASSIST ALL BUSINESSES, BOTH NEW AND EXISTING, TO PROVIDE AND SUSTAIN A STRONG BUSINESS COMMUNITY IN BYRON TOWNSHIP OF KENT COUNTY MICHIGAN.

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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 $71,726

Program Service Revenue $0

Investment Income $635

Other Revenue $71,706

TOTAL REVENUE $144,067

Expense Breakdown

Grants Paid $4,000

Salaries & Benefits $85,482

Fundraising Expenses $0

Program Expenses $4,000

Other Expenses $34,653

TOTAL EXPENSES $124,135

Year-over-Year Comparison

	2023	2022	Change
Revenue	$144,067	$88,943	+0.6%
Expenses	$124,135	$81,287	+0.5%
Net Income	$19,932	$7,656	+1.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BECKY BELD	DIRECTOR	N/A	Officer Director	$0	$0	$0
LESLEY EMMONS	PRESIDENT	N/A	Officer Director	$0	$0	$0
SAMANTHA KLUNDER	DIRECTOR	N/A	Director	$0	$0	$0
TARA LANDEFELD	DIRECTOR	N/A	Director	$0	$0	$0
NOLAN RAUSER	TREASURER	N/A	Director	$0	$0	$0
DONALD TILLEMA	DIRECTOR	N/A	Director	$0	$0	$0
SAM TILLEMA	DIRECTOR	N/A	Director	$0	$0	$0
TIM VANHOEVEN	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JOANNE VICTORY	SECRETARY	N/A	Officer Director	$0	$0	$0
KEVIN WALLACE	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN 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
2024	No data	No data	No data	No data
2023	$144,067	$124,135	$182,853	$19,932
2022	$88,943	$81,287	$172,342	$7,656
2021	$110,219	$90,023	$102,024	$20,196
2020	$118,009	$101,141	$99,334	$16,868
2019	$103,160	$102,518	$86,189	$642
2018	$100,430	$102,381	$91,878	$-1,951

BYRON CENTER CHAMBER OF COMMERCE