DUNDALK CHAMBER OF COMMERCE INC (EIN 522357176) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

ELAINE WELKIE

Phone

4102843700

Tax Period

2024-01-01 to 2024-12-31

DUNDALK CHAMBER OF COMMERCE INC, founded in 2001, is a micro nonprofit in the Community Improvement sector that reported $33K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $39K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE CHAMBER IS ORGANIZED TO ADVANCE THE GENERAL WELFARE AND PROSPERITY OF GREATER DUNDALK AN SURROUNDING AREAS SO THAT ITS CITIZENS AND ALL AREAS OF ITS BUSINESS COMMUNITY SHALL PROSPER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,840

Program Service Revenue $20,679

Investment Income $7

Other Revenue $0

TOTAL REVENUE $32,526

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,600

Fundraising Expenses $3,771

Program Expenses $19,240

Other Expenses $36,334

TOTAL EXPENSES $38,934

Year-over-Year Comparison

	2024	2023	Change
Revenue	$32,526	$45,038	-0.3%
Expenses	$38,934	$43,003	-0.1%
Net Income	$-6,408	$2,035	-4.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
DAWN FRAZIER	DIRECTOR	N/A	Director	$0	$0	$0
ELAINE WELKIE	DIRECTOR	N/A	Officer Director	$0	$0	$0
KELLY BOWMAN	TREASURER	N/A	Officer	$0	$0	$0
KIM SCROGGINS	PRESIDENT	N/A	Officer	$0	$0	$0
DAWN DEBAUGH	SECRETARY	N/A	Officer	$0	$0	$0
ERIC WASHINGTON	VICE PRESIDE	N/A	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
2024	$32,526	$38,934	$17,932	$-6,408
2023	$45,038	$43,003	$21,617	$2,035
2022	$42,409	$46,650	$19,582	$-4,241
2021	$51,601	$52,307	$24,019	$-706
2020	$90,821	$81,408	$25,438	$9,413
2019	$80,209	$82,940	$11,570	$-2,731
2018	$66,742	$68,016	$14,301	$-1,274

DUNDALK CHAMBER OF COMMERCE INC