MARSHFIELD AREA CHAMBER FOUNDATION INC (EIN 391739602) - 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

1992

Legal Domicile

Principal Officer

DENISE SONNEMANN

Phone

7153843454

Tax Period

2023-01-01 to 2023-12-31

MARSHFIELD AREA CHAMBER FOUNDATION INC, founded in 1992, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $221K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $193K left a modest 13% surplus.

Mission

PROMOTE ECONOMIC DEVELOPMENT AND FULL EMPLOYMENT IN THE MARSHFIELD AREA BY SUPPORTING AND IMPROVING GENERAL EDUCATION, VOCATIONAL TRAINING, CITY PLANNING AND LEADERSHIP DEVELOPMENT.

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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 $174,526

Program Service Revenue $27,581

Investment Income $2,123

Other Revenue $16,785

TOTAL REVENUE $221,015

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,917

Fundraising Expenses $0

Program Expenses $177,589

Other Expenses $68,210

TOTAL EXPENSES $193,127

Year-over-Year Comparison

	2023	2022	Change
Revenue	$221,015	$242,036	-0.1%
Expenses	$193,127	$198,212	0.0%
Net Income	$27,888	$43,824	-0.4%

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

N/A

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

$55,483

Total Directors

$55,483

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENISE SONNEMAN	EXEC. DIR.	1.00	Officer Director	$0	$0	$55,483
AMY NYSTROM	PRESIDENT	1.00	Officer Director	$0	$0	$0
RON WILCZEK	TREASURER	1.00	Officer Director	$0	$0	$0
MATT ECKELBERG	SECRETARY	1.00	Officer Director	$0	$0	$0
FRANK BALTUS	PAST PRESIDENT	1.00	Officer 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	$221,015	$193,127	$706,855	$27,888
2022	$242,036	$198,212	$612,027	$43,824
2021	$182,016	$180,259	$566,352	$1,757
2020	$217,453	$201,297	$571,360	$16,156
2019	$211,084	$191,737	$496,468	$19,347
2018	$218,943	$219,494	$480,622	$-551

MARSHFIELD AREA CHAMBER FOUNDATION INC