TYSONS REGIONAL CHAMBER OF COMMERCE

EIN: 540976440

TYSONS, VA

Total Revenue
$91,812
Total Expenses
$83,028
Total Assets
$61,590
Net Assets
$61,590
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
VA
Tax Period
2020-01-01 to 2020-12-31

TYSONS REGIONAL CHAMBER OF COMMERCE, founded in 1950, is a small nonprofit that reported $126K in total revenue in fiscal year 2018. Expenses of $114K left a modest 9% surplus.

Mission

THE TYSONS REGIONAL CHAMBER OF COMMERCE PROMOTES AND SUPPORTS THE LOCAL BUSINESS COMMUNITY AND PROVIDES SERVICES FOR ITS MEMBERS AND THE COMMUNITY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $66,367
Investment Income $0
Other Revenue $25,445
TOTAL REVENUE $91,812

Expense Breakdown

Grants Paid $0
Salaries & Benefits $42,826
Fundraising Expenses $0
Other Expenses $40,202
TOTAL EXPENSES $83,028

Year-over-Year Comparison

2020 2019 Change
Revenue $91,812 $127,401 -0.3%
Expenses $83,028 $100,406 -0.2%
Net Income $8,784 $26,995 -0.7%
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

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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
4
Independent Members
4
Employees
2
Volunteers
50

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD LUTTRELL TREASURER 2.00
Officer Director
$0 $0 $0
BRANDON BARR VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ANDREW CLARK CHAIRMAN 2.00
Officer 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
2020 $91,812 $83,028 $61,590 $8,784
2019 $127,401 $100,406 $52,774 $26,995
2018 $125,895 $114,309 $25,779 $11,586
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