Watertown Area Chamber of Commerce (EIN 390689225) - 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

1920

Legal Domicile

Principal Officer

Cassandra Wagner

Phone

9202616320

Tax Period

2024-01-01 to 2024-12-31

Watertown Area Chamber of Commerce, founded in 1920, is a small nonprofit that reported $325K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $306K left a modest 6% surplus.

Mission

The Watertown Area Chamber of Commerce, founded in 1920, is focused on building Watertowns business community by creating events, sponsoring educational programming, and promoting our members to citizens and visitors.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $112,473

Program Service Revenue $124,294

Investment Income $8,371

Other Revenue $79,779

TOTAL REVENUE $324,917

Expense Breakdown

Grants Paid $20,911

Salaries & Benefits $213,849

Fundraising Expenses $0

Program Expenses $249,293

Other Expenses $70,987

TOTAL EXPENSES $305,747

Year-over-Year Comparison

	2024	2023	Change
Revenue	$324,917	$298,472	+0.1%
Expenses	$305,747	$299,224	+0.0%
Net Income	$19,170	$-752	-26.5%

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

250

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

$67,380

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bonnie Hertel	Executive Director	040.00	Officer	$67,380	$0	$67,380
Bridget Van Ert	Director	002.00	Director	$0	$0	$0
Robert Rehm	Director	005.00	Officer Director	$0	$0	$0
Sharon Heinzelman	Director	002.00	Director	$0	$0	$0
Jennifer Johnson	Director	002.00	Director	$0	$0	$0
Karen Lanser	Director	002.00	Director	$0	$0	$0
Al Larson	Vice Chair	002.00	Director	$0	$0	$0
Margaret Brady	Director	002.00	Director	$0	$0	$0
Jordan Hynum	Director	002.00	Director	$0	$0	$0
Ryan Weyenberg	Director	002.00	Director	$0	$0	$0
Carl Bednark	Director	002.00	Director	$0	$0	$0
Tori Woolley	Director	003.00	Director	$0	$0	$0
Cassandra Wagner	Chair	003.00	Director	$0	$0	$0
Steve Hunt	Director	002.00	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	$324,917	$305,747	$462,178	$19,170
2023	$298,472	$299,224	$450,198	$-752
2022	$279,908	$240,835	$492,259	$39,073
2021	$245,747	$235,829	$436,612	$9,918
2020	$235,092	$226,881	$446,156	$8,211
2019	$248,014	$238,161	$507,817	$9,853
2018	$269,954	$288,040	$508,003	$-18,086

Watertown Area Chamber of Commerce