SANFORD CHAMBER OF COMMERCE INC (EIN 590440968) - 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

1945

Legal Domicile

Principal Officer

IAN SCHNEIDER

Phone

4073222212

Tax Period

2023-01-01 to 2023-12-31

SANFORD CHAMBER OF COMMERCE INC, founded in 1945, is a micro nonprofit that reported $40K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $8K, a strong 21% operating margin.

Mission

CREATING AND MAINTAINING AN ENVIRONMENT OF BUSINESS AND COMMUNITY PROSPERITY BY COMBINING TALENTS OF BUSINESS AND PROFESSIONAL MEMBERS TO ENSURE A STABLE AND HEALTHY BUSINESS CLIMATE.

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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 $36,228

Program Service Revenue $3,357

Investment Income $1

Other Revenue $0

TOTAL REVENUE $39,586

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,064

Fundraising Expenses $0

Other Expenses $23,828

TOTAL EXPENSES $31,288

Year-over-Year Comparison

	2023	2022	Change
Revenue	$39,586	$91,652	-0.6%
Expenses	$31,288	$79,009	-0.6%
Net Income	$8,298	$12,643	-0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IAN SCHNEIDER	CHAIRMAN/PRE	1.00	Officer Director	$0	$0	$0
ELISA FORTE	TREASURER	1.00	Officer Director	$0	$0	$0
AMANDA MEADOWS	SECRETARY	1.00	Officer Director	$0	$0	$0
JEREMY MORTON	VICE CHARMAN	1.00	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
2023	$39,586	$31,288	$70,938	$8,298
2022	$91,652	$79,009	$62,490	$12,643
2021	$176,615	$153,794	$23,257	$22,821
2020	$163,614	$202,491	$115,283	$-38,877
2019	$180,824	$164,525	$73,490	$16,299
2018	$317,110	$289,551	$43,595	$27,559

SANFORD CHAMBER OF COMMERCE INC