The Delaware Small Business Chamber

EIN: 454428335 Community Improvement

NEWARK, DE

Total Revenue
$138,736
Total Expenses
$56,751
Total Assets
$87,893
Net Assets
N/A
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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
2011
Legal Domicile
DE
Principal Officer
Robert Older
Phone
3024822120
Tax Period
2024-01-01 to 2024-12-31

The Delaware Small Business Chamber, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $139K in total revenue in fiscal year 2024. The organization ran a surplus of $82K, a strong 59% operating margin.

Mission

Our mission is to empower small businesses with the tools and support they need to thrive ensuring a vibrant and sustainable future for our community

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $57,856
Program Service Revenue $8,831
Investment Income $72,049
Other Revenue $0
TOTAL REVENUE $138,736

Expense Breakdown

Grants Paid $0
Salaries & Benefits $56,751
Fundraising Expenses $0
Program Expenses $6,378
Other Expenses $0
TOTAL EXPENSES $56,751

Year-over-Year Comparison

2024 2023 Change
Revenue $138,736 $139,294 0.0%
Expenses $56,751 N/A N/A
Net Income $81,985 $139,294 -0.4%
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

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Governance

Voting Members
N/A
Independent Members
N/A
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
0
$0
Total Directors
0
$0
Key Employees
1
$36,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT OLDER President 45.00
Key Emp
$36,000 $0 $36,000
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 $138,736 $56,751 $87,893 $81,985
2023 $139,294 $83,776 No data $55,518
2022 $115,594 $77,251 $72,377 $38,343
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