AMES CHAMBER OF COMMERCE FOUNDATION (EIN 475126731) - 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

1975

Legal Domicile

Principal Officer

DAN CULHANE

Phone

5152322310

Tax Period

2022-01-01 to 2022-12-31

AMES CHAMBER OF COMMERCE FOUNDATION, founded in 1975, is a small nonprofit in the Public & Societal Benefit sector that reported $233K in total revenue in fiscal year 2022. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 52% operating margin.

Mission

THE MISSION OF THE FOUNDATION IS TO ADVANCE THE GENERAL WELFARE, ENJOYMENT AND PROSPERITY OF THE AMES COMMUNITY, TO ENHANCE THE QUALITY OF LIFE, PROVIDE FOR COMMUNITY DEVELOPMENT, COMMUNITY BETTERMENT, ENHANCE THE LEADERSHIP KNOWLEDGE AND ENJOYMENT OF THE CITIZENS OF AMES AND SURROUNDING COMMUNITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $182,833

Program Service Revenue $50,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $232,833

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $86,633

Other Expenses $111,493

TOTAL EXPENSES $111,493

Year-over-Year Comparison

	2022	2021	Change
Revenue	$232,833	$158,317	+0.5%
Expenses	$111,493	$104,898	+0.1%
Net Income	$121,340	$53,419	+1.3%

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

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
LAWRENCE CUNNINGHAM	CHAIR	1.00	Officer Director	$0	$0	$0
MICHELLE VOGEL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JEFF JANES	SECRETARY	1.00	Officer Director	$0	$0	$0
NIKKI KYLE	TREASURER	1.00	Officer Director	$0	$0	$0
MATT CONVERSE	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
2022	$232,833	$111,493	$224,749	$121,340

AMES CHAMBER OF COMMERCE FOUNDATION