CHESAPEAKE AUTOMOTIVE BUSINESS ASS… - Form 990 Financial Data

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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

1980

Legal Domicile

Phone

4106470505

Tax Period

2019-01-01 to 2019-12-31

CHESAPEAKE AUTOMOTIVE BUSINESS ASSOC INC, founded in 1980, is a micro nonprofit that reported $31K in total revenue in fiscal year 2019. Revenue decreased 12% compared to the prior year. Expenses of $55K exceeded revenue, resulting in a 76% operating deficit.

Mission

To advance and safeguard the business interest of its members, to encourage and develop the automotive aftermarket and maintain and further high etical standards.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $300

NEWSLETTERS: Sent newsletters throughout the year to members and non-members to promote membership and education, keep members informed of legislative and technical updates and provide general...

NEWSLETTERS: Sent newsletters throughout the year to members and non-members to promote membership and education, keep members informed of legislative and technical updates and provide general information pertaining to the industry. After March 2018, they started emailing these newsletters.

Program 2

Expenses: $5,061 Revenue: $8,715

REFERENCE DIRECTORIES: 150 copies of member directory were distributed to assist members in networking with each other.

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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 (2019)

Revenue Breakdown

Contributions & Grants $11,140

Program Service Revenue $9,015

Investment Income $87

Other Revenue $11,004

TOTAL REVENUE $31,246

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,061

Other Expenses $54,936

TOTAL EXPENSES $54,936

Year-over-Year Comparison

	2019	2018	Change
Revenue	$31,246	$35,455	-0.1%
Expenses	$54,936	$30,136	+0.8%
Net Income	$-23,690	$5,319	-5.5%

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
GREG WELLER	DIRECTOR	1.00	Director	$0	$0	$0
RYAN WASHINGTON	DIRECTOR	1.00	Director	$0	$0	$0
DOUG MEEKINS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HUFF IV	DIRECTOR	1.00	Director	$0	$0	$0
ADAM REAVER	DIRECTOR	1.00	Director	$0	$0	$0
RICK STREVIG	DIRECTOR	1.00	Director	$0	$0	$0
MIKE CAROGLANIAN	DIRECTOR	1.00	Director	$0	$0	$0
BILL CROPPER	DIRECTOR	1.00	Director	$0	$0	$0
RALPH SCHISSLER	DIRECTOR	1.00	Director	$0	$0	$0
VERNON LYON	DIRECTOR	1.00	Director	$0	$0	$0
DAVE WASTLER	PRESIDENT	1.00	Officer	$0	$0	$0
DWAYNE MYERS	1ST VICE PRESIDENT	1.00	Officer	$0	$0	$0
MIKE KRESS	2ND VICE PRESIDENT	1.00	Officer	$0	$0	$0
TIM HOLLENSHADE	TREASURER	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
2019	$31,246	$54,936	$319,153	$-23,690
2018	$35,455	$30,136	$342,843	$5,319

CHESAPEAKE AUTOMOTIVE BUSINESS ASSOC INC