ALBERT LEA FREEBORN COUNTY CHAMBER FOUNDATION (EIN 411651705) - 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

1989

Legal Domicile

Principal Officer

NOELLE VIKTORA

Phone

5073733938

Tax Period

2024-10-01 to 2025-09-30

ALBERT LEA FREEBORN COUNTY CHAMBER FOUNDATION, founded in 1989, is a small nonprofit in the Community Improvement sector that reported $187K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $770K exceeded revenue, resulting in a 312% operating deficit.

Mission

TO STIMULATE THE ESTABLISHMENT OF FUNDS TO SERVE OUR LOCAL COMMUNITY NOW AND IN THE FUTURE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $173,317

Program Service Revenue $0

Investment Income $11,218

Other Revenue $2,525

TOTAL REVENUE $187,060

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $739,535

Other Expenses $768,646

TOTAL EXPENSES $770,146

Year-over-Year Comparison

	2024	2023	Change
Revenue	$187,060	$257,924	-0.3%
Expenses	$770,146	$203,153	+2.8%
Net Income	$-583,086	$54,771	-11.6%

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

N/A

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
NOELLE VIKTORA	BOARD CHAIR	0.50	Officer Director	$0	$0	$0
DON MALINSKY	VICE CHAIR	0.50	Officer	$0	$0	$0
VALERIE LOCKHART	SECRETARY	0.50	Officer	$0	$0	$0
ANNICE SEVETT	BOARD MEMBER	0.25	Director	$0	$0	$0
CATHY MALAKOWSKY	BOARD MEMBER	0.25	Director	$0	$0	$0
MORGAN MEANEY	BOARD MEMBER	0.25	Director	$0	$0	$0
BETH ANDERSON	BOARD MEMBER	0.25	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
2025	$187,060	$770,146	$453,021	$-583,086
2024	$257,924	$203,153	$1,031,797	$54,771
2023	$368,531	$76,733	$968,116	$291,798
2022	$289,240	$55,224	$672,365	$234,016

ALBERT LEA FREEBORN COUNTY CHAMBER FOUNDATION