Ladysmith, WI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Greater Ladysmith Area Chamber of Commerce, founded in 1994, is a micro nonprofit in the Community Improvement sector that reported $56K in total revenue in fiscal year 2020.
To promote the Ladysmith/Rusk County area as a place to live, work, shop, and play, so that the area's citizens and business community shall thrive and prosper.
The organization achieves it's mission by 1. Holding several promotional events that bring visitors into the area. This increases heads in beds at area lodging facilities, increased revenue at local...
The organization achieves it's mission by 1. Holding several promotional events that bring visitors into the area. This increases heads in beds at area lodging facilities, increased revenue at local businesses and a better understanding for the area residents of what the area has to offer. 2. Through communications, such as advertising, newsletters, etc. the community and businesses can target a larger area for marketing. This has enabled growth and development in the area. 3. Chamber Bucks (gift certificates) are generated for shopping in the local area. This encourages shopping locally, which increases revenues locally.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $56,083 | $55,874 | +0.0% |
| Expenses | $56,258 | $48,868 | +0.2% |
| Net Income | $-175 | $7,006 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Sue Farrel | President | 6.00 |
Officer
|
$0 | $0 | $0 |
| Adam Kaiser | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Missy Kroening | Vice President | 4.00 |
Officer
|
$0 | $0 | $0 |
| Jenny Hengst | Treasurer | 4.00 |
Officer
|
$0 | $0 | $0 |
| Bonny Beck | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Steve Berg | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Roxie Kemmitz | Secretary | 4.00 |
Officer
|
$0 | $0 | $0 |
| Heidi Jo Sovacool | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Dale Olsen | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $56,083 | $56,258 | $99,207 | $-175 |
| 2019 | $55,874 | $48,868 | $98,743 | $7,006 |
| 2018 | $44,109 | $65,825 | $99,400 | $-21,716 |
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