GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE INC (EIN 521077028) - 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

1978

Legal Domicile

Principal Officer

PAULA ROSS

Phone

3018401400

Tax Period

2023-01-01 to 2023-12-31

GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE INC, founded in 1978, is a small nonprofit that reported $399K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum.

Mission

TO SERVE ITS MEMBERS AS THE LEADING ADVOCATE FOR ALL BUSINESSES IN UPPER MONTGOMERY COUNTY, MARYLAND RESULTING IN A BUSIENSS FRIENDLY ENVIRONMENT AND HIGH QUALITY OF LIFE IN THE 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $398,968

Investment Income $0

Other Revenue $0

TOTAL REVENUE $398,968

Expense Breakdown

Grants Paid $0

Salaries & Benefits $237,508

Fundraising Expenses $0

Program Expenses $302,681

Other Expenses $166,066

TOTAL EXPENSES $403,574

Year-over-Year Comparison

	2023	2022	Change
Revenue	$398,968	$264,344	+0.5%
Expenses	$403,574	$385,705	+0.0%
Net Income	$-4,606	$-121,361	-1.0%

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

$111,921

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAULA ROSS	PRESIDENT &	40.00	Officer	$104,048	$7,873	$111,921
ANITA ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
ERIC ASHMONT	VICE CHAIR-Y	2.00	Officer Director	$0	$0	$0
STEVE BARBER	VICE CHAIR-M	2.00	Officer Director	$0	$0	$0
HENRY BERNSTEIN	VICE CHAIR-E	2.00	Officer Director	$0	$0	$0
KERRI COOK	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL DELLON CPA	TREASURER	2.00	Officer Director	$0	$0	$0
FERNANDO FUESTES	DIRECTOR	1.00	Director	$0	$0	$0
JOYCE FUHRMANN	DIRECTOR	1.00	Director	$0	$0	$0
MOLLY VAN GRACK	DIRECTOR	1.00	Director	$0	$0	$0
MARTIN HOLLANDER	DIRECTOR	1.00	Director	$0	$0	$0
MUHAMMAD KEHNEMOUYI	DIRECTOR	1.00	Director	$0	$0	$0
SANDY LEBLANC	DIRECTOR	1.00	Director	$0	$0	$0
TOM LONERGAN-SEEGER	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER MADISON	VICE CHAIR-E	2.00	Officer Director	$0	$0	$0
MATT MAYNARD	DIRECTOR	1.00	Director	$0	$0	$0
DAVID MCCORMICK-GOODHART	IMMEDIATE PA	2.00	Officer Director	$0	$0	$0
RAYMOND MCKENZIE	DIRECTOR	1.00	Director	$0	$0	$0
ROMY NUNEZ	DIRECTOR	1.00	Director	$0	$0	$0
AJ NWOGA	CHAIR	2.00	Officer Director	$0	$0	$0
MICHELE POTTER	DIRECTOR	1.00	Director	$0	$0	$0
ALEXIS ROBBINS	DIRECTOR	1.00	Director	$0	$0	$0
BRETT ROUGH	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SIMON	DIRECTOR	1.00	Director	$0	$0	$0
GARY UNTERBERG	DIRECTOR	1.00	Director	$0	$0	$0
EMMYRICH VICENTE	DIRECTOR	1.00	Director	$0	$0	$0
DAWN WALTON	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	No data	No data	No data	No data
2023	$398,968	$403,574	$232,068	$-4,606
2022	$264,344	$385,705	$217,397	$-121,361
2021	$467,120	$364,357	$318,244	$102,763
2020	$324,261	$341,105	$286,461	$-16,844
2019	$348,767	$354,352	$260,547	$-5,585
2018	$337,146	$343,382	$235,232	$-6,236

GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE INC