ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC (EIN 411675433) - 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

1990

Legal Domicile

Principal Officer

KATHLEEN HARRINGTON

Phone

5072881122

Tax Period

2019-01-01 to 2019-12-31

ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC, founded in 1990, is a micro nonprofit in the Education sector that reported $93K in total revenue in fiscal year 2019. Revenue fell 55% from the prior year — a significant decline worth monitoring. Net assets of $269K represent 35 months of operating reserves.

Mission

TO SUPPORT AND ADVANCE THE CHARITABLE INTERESTS OF THE ROCHESTER AREA CHAMBER OF COMMERCE THROUGH EDUCATION AND WORKFORCE DEVELOPMENT PROGRAMS WHICH PROMOTE P-16 EDUCATION INITIATIVES, CREATION OF DIVERSE AND FLEXIBLE WORKPLACES, LEADERSHIP DEVELOPMENT WHICH ENCOURAGES A DYNAMIC AND INNOVATIVE VISION OF THE FUTURE, PLANNING, RESEARCH AND COMMUNITY EDUCATION TO ANTICIPATE AND COMMUNICATE FUTURE COMMUNITY NEEDS AND CHALLENGES, AND PARTNERSHIPS BETWEEN THE BUSINESS COMMUNITY AND EDUCATIONAL, GOVERNMENTAL AND NON-PROFIT ORGANIZATIONS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $54,888

Program Service Revenue $36,835

Investment Income $993

Other Revenue $0

TOTAL REVENUE $92,716

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $94,238

Other Expenses $101,705

TOTAL EXPENSES $101,705

Year-over-Year Comparison

	2019	2018	Change
Revenue	$92,716	$205,173	-0.5%
Expenses	$101,705	$461,669	-0.8%
Net Income	$-8,989	$-256,496	-1.0%

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

$243,968

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHLEEN HARRINGTON	PRESIDENT	15.00	Officer	$0	$5,601	$140,601
MATT BISSONETTE	VICE PRESIDENT	15.00	Officer	$0	$16,700	$103,367
GREG HOUSE	CHAIR	1.00	Officer Director	$0	$0	$0
AARON BENIKE	CHAIR ELECT	1.00	Officer Director	$0	$0	$0
MIKE BUSCH	TREASURER	1.00	Officer Director	$0	$0	$0
EMILY BENNER	SECRETARY	1.00	Officer Director	$0	$0	$0
JEROME FERSON	DIRECTOR	1.00	Director	$0	$0	$0
JEANINE GANGERNESS	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE PYFFEROEN	DIRECTOR	1.00	Director	$0	$0	$0
GUY FINNE	DIRECTOR	1.00	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
2019	$92,716	$101,705	$326,641	$-8,989
2018	$205,173	$461,669	$384,232	$-256,496

ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC