PRINCE GEORGES CHAMBER OF COMMERCE

EIN: 520678121 Community Improvement

LANHAM, MD

Total Revenue
$608,934
Total Expenses
$675,140
Total Assets
$267,678
Net Assets
$122,672
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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
1941
Legal Domicile
MD
Principal Officer
ALEXANDER AUSTIN
Tax Period
2022-07-01 to 2023-06-30

PRINCE GEORGES CHAMBER OF COMMERCE, founded in 1941, is a small nonprofit in the Community Improvement sector that reported $609K in total revenue in fiscal year 2022. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $675K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PRESERVE THE COMPETITIVE FREE ENTERPRISE SYSTEM OF BUSINESS WITHIN PRINCE GEORGES COUNTY, MARYLAND.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $608,934
Investment Income $0
Other Revenue $0
TOTAL REVENUE $608,934

Expense Breakdown

Grants Paid $0
Salaries & Benefits $242,479
Fundraising Expenses $0
Program Expenses $469,359
Other Expenses $432,661
TOTAL EXPENSES $675,140

Year-over-Year Comparison

2022 2021 Change
Revenue $608,934 $483,100 +0.3%
Expenses $675,140 $520,230 +0.3%
Net Income $-66,206 $-37,130 +0.8%
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

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Governance

Voting Members
26
Independent Members
26
Employees
3
Volunteers
26

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXANDER AUSTIN PRESIDENT & CEO 0.00
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
2023 $608,934 $675,140 $267,678 $-66,206
2018 $673,399 $680,636 $50,274 $-7,237
2017 $588,556 $592,361 $48,740 $-3,805
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