WISCONSIN LGBT CHAMBER OF COMMERCE (EIN 461062617) - 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

2012

Legal Domicile

Principal Officer

JASON RAE

Phone

4149149900

Tax Period

2024-01-01 to 2024-12-31

WISCONSIN LGBT CHAMBER OF COMMERCE, founded in 2012, is a small nonprofit in the Community Improvement sector that reported $964K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $923K left a modest 4% surplus.

Mission

MEMBERSHIP SERVICES PROMTING ECONOMIC GROWTH AND OPPORTUNITIES BY CONNECTING PEOPLE, AND EDUCATION FOR ECONOMIC DEVELOPMENT. PUBLIC OUTREACH AND EXTERNAL AFFAIRS FOR THE LGBT COMMUNITY, NETWORKING, AND SOCIAL EVENTS TO BUILD A STRONGER 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $912,068

Program Service Revenue $51,133

Investment Income $448

Other Revenue $0

TOTAL REVENUE $963,649

Expense Breakdown

Grants Paid $0

Salaries & Benefits $487,109

Fundraising Expenses $0

Other Expenses $435,579

TOTAL EXPENSES $922,688

Year-over-Year Comparison

	2024	2023	Change
Revenue	$963,649	$711,701	+0.4%
Expenses	$922,688	$783,283	+0.2%
Net Income	$40,961	$-71,582	-1.6%

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

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
TIMOTHY POSNANSKI	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JASON RAE	CEO	40.00	Officer Director	$0	$0	$0
CRIS SELIN	TREASURER	1.00	Director	$0	$0	$0
JORNA TAYLOR	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
2024	$963,649	$922,688	$418,796	$40,961
2023	$711,701	$783,283	$356,114	$-71,582
2022	$479,878	$418,195	$274,697	$61,683
2021	$451,921	$387,782	$213,014	$64,139
2020	$385,371	$313,261	$148,875	$72,110
2018	$256,763	$251,799	$56,128	$4,964

WISCONSIN LGBT CHAMBER OF COMMERCE