MASON CITY CHAMBER OF COMMERCE FOUNDATION (EIN 421505507) - 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

2000

Legal Domicile

Principal Officer

COLLEEN FREIN

Phone

6414235724

Tax Period

2024-10-01 to 2025-09-30

MASON CITY CHAMBER OF COMMERCE FOUNDATION, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $614K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $183K, a strong 30% operating margin.

Mission

TO ASSIST THE LONG TERM WORK AND OPERATIONS OF THE MASON CITY CHAMBER OF COMMERCE AND RECEIVE GRANTS AND CONTRIBUTIONS FOR THE BENEFIT OF THE MASON CITY.

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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 $609,527

Program Service Revenue $0

Investment Income $4,848

Other Revenue $0

TOTAL REVENUE $614,375

Expense Breakdown

Grants Paid $363,749

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $430,893

Other Expenses $67,711

TOTAL EXPENSES $431,460

Year-over-Year Comparison

	2024	2023	Change
Revenue	$614,375	$721,622	-0.1%
Expenses	$431,460	$788,061	-0.5%
Net Income	$182,915	$-66,439	-3.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANE FISCHER	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
ANDREW HUBBARD	PAST CHAIR	1.00	Officer Director	$0	$0	$0
COLLEEN FREIN	SECRETARY	2.00	Officer	$0	$0	$0
ROBERT KLOCKE	CHAIR ELECT	1.00	Officer	$0	$0	$0
KIM PANG	CHAIRPERSON	1.00	Officer	$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	$614,375	$431,460	$121,819	$182,915
2024	$721,622	$788,061	$267,837	$-66,439
2023	$101,667	$57,565	$163,342	$44,102
2022	$50,923	$36,989	$119,240	$13,934
2021	$25,498	$20,003	$105,306	$5,495
2020	$50,594	$97,624	$99,811	$-47,030
2019	$76,707	$51,840	$146,841	$24,867
2018	$184,241	$391,675	$121,974	$-207,434

MASON CITY CHAMBER OF COMMERCE FOUNDATION