THE SWEDISH AMERICAN CHAMBERS OF C… - 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

1989

Legal Domicile

Principal Officer

KARIN HAMMAR

Phone

2025361570

Tax Period

2019-01-01 to 2019-12-31

THE SWEDISH AMERICAN CHAMBERS OF COMMERCE OF WASHINGTON DC INC, founded in 1989, is a small nonprofit that reported $192K in total revenue in fiscal year 2019. Expenses of $176K left a modest 8% surplus.

Mission

THE ORGANIZATION WAS FORMED TO ASSIST IN THE DEVELOPMENT, PROMOTION AND NETWORKING OF THE UNITED STATES AND SWEDISH BUSINESS AND TRADE RELATIONS.

Program Service Accomplishments

Program 1

MEMBER EDUCATION AND NETWORKING EVENTS: THE ORGANIZATION HOLDS EVENTS TO EDUCATE ITS MEMBERS AND PROVIDE NETWORKING OPPORTUNITIES. IN 2019, THE ORGANIZATION HELD TWO MEMBER EDUCATION AND NETWORKING...

Program 2

THE ORGANIZATION HOLDS AN ANNUAL CRAYFISH RECEPTION WHICH PROVIDES NETWORKING OPPORTUNITIES FOR ITS MEMBERS.

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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 $73,244

Program Service Revenue $119,575

Investment Income $144

Other Revenue $-1,344

TOTAL REVENUE $191,619

Expense Breakdown

Grants Paid $0

Salaries & Benefits $100,798

Fundraising Expenses $0

Other Expenses $75,401

TOTAL EXPENSES $176,199

Year-over-Year Comparison

	2019	2018	Change
Revenue	$191,619	N/A	N/A
Expenses	$176,199	N/A	N/A
Net Income	$15,420	$0	N/A

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

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
MICHAEL ANDERSSON	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTER BERGMAN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
TENLEY CARP	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH MACINTOSH	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW DUNN	DIRECTOR	1.00	Director	$0	$0	$0
MAGNUS ERIKSSON	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLAS L FAULKNER	DIRECTOR	1.00	Director	$0	$0	$0
LOTTA KRAMER	DIRECTOR	1.00	Director	$0	$0	$0
NANCY A FISCHER	PRESIDENT	1.00	Officer Director	$0	$0	$0
MAGNUS FRIBERG	GOLF COMMITTEE CHAIR	1.00	Director	$0	$0	$0
LARS-ERIK HJELM	DIRECTOR	1.00	Director	$0	$0	$0
SVEN-OLOF HOKBORG	DIRECTOR	1.00	Director	$0	$0	$0
NILS JOHANSSON	FINANCE COMMITTEE CHAIR	1.00	Director	$0	$0	$0
MARKUS LARSSON	TREASURER	1.00	Officer Director	$0	$0	$0
JESICA LINDGREN	MEMBERSHIP COMMITTEE CHAIR	1.00	Director	$0	$0	$0
ROBIN LINDGREN	PROGRAM COMMITTEE CHAIR	1.00	Director	$0	$0	$0
JONATHAN MILLER	DIRECTOR	1.00	Director	$0	$0	$0
BRADLEY J OLSON	SECRETARY	1.00	Officer Director	$0	$0	$0
JARED CARLSON	DIRECTOR	1.00	Director	$0	$0	$0
JIM SOLYST	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS VILLASENOR	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT THOMAS	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
2019	$191,619	$176,199	$191,740	$15,420

THE SWEDISH AMERICAN CHAMBERS OF COMMERCE OF WASHINGTON DC INC