LANESBORO AREA CHAMBER OF COMMERCE (EIN 411829430) - 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

1995

Legal Domicile

Phone

5074672696

Tax Period

2023-01-01 to 2023-12-31

LANESBORO AREA CHAMBER OF COMMERCE, founded in 1995, is a small nonprofit in the Community Improvement sector that reported $182K in total revenue in fiscal year 2023.

Mission

PROMOTION OF THE CITY OF LANESBORO & AREA

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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 $51,931

Program Service Revenue $127,277

Investment Income $449

Other Revenue $2,456

TOTAL REVENUE $182,113

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $85,947

Fundraising Expenses $0

Other Expenses $99,174

TOTAL EXPENSES $186,121

Year-over-Year Comparison

	2023	2022	Change
Revenue	$182,113	$171,959	+0.1%
Expenses	$186,121	$226,022	-0.2%
Net Income	$-4,008	$-54,063	-0.9%

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

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

Total Directors

Key Employees

$56,427

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDRZEJ ZALASINSKI	EXECUTIVE DIRECTOR	40.00	Key Emp	$14,350	$0	$14,350
MELISSA VANDER PLAS	INTERIM DIRECTOR	40.00	Key Emp	$42,077	$0	$42,077
JOE GOETZKE	PRESIDENT	1.00	Director	$0	$0	$0
ANDREW DARLING	VICE-PRESIDENT	1.00	Director	$0	$0	$0
SHERYL JOHNSON	TREASURER	1.00	Director	$0	$0	$0
KARA MALONEY	SECRETARY	1.00	Director	$0	$0	$0
ALISON LEATHERS	BOARD MEMBER	1.00	Director	$0	$0	$0
JEREMY VAN METER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARTI GRAY	BOARD MEMBER	1.00	Director	$0	$0	$0
LANCE PRADO	BOARD MEMBER	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
2024	No data	No data	No data	No data
2023	$182,113	$186,121	$76,741	$-4,008
2022	$171,959	$226,022	$83,506	$-54,063
2021	$176,439	$171,531	$134,848	$4,908
2020	$126,520	$133,155	$128,045	$-6,635
2019	$148,993	$137,604	$135,484	$11,389
2018	$131,389	$123,813	$123,083	$7,576

LANESBORO AREA CHAMBER OF COMMERCE