North Port Area Chamber of Commerce

🔒

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

1982

Legal Domicile

Principal Officer

SHARON MATTHEWS

Phone

9415644030

Tax Period

2023-10-01 to 2024-09-30

North Port Area Chamber of Commerce, founded in 1982, is a small nonprofit that reported $591K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

To promote and encourage business prosperity and to enhance economic development through advocacy, engagement and cooperation.

Program Service Accomplishments

Program 1

Expenses: $594,042 Revenue: $591,026

All NP Area Chamber program services are to foster and promote busines in North Port and the surrounding areas.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $468,412

Program Service Revenue $121,505

Investment Income $1,109

Other Revenue $0

TOTAL REVENUE $591,026

Expense Breakdown

Grants Paid $0

Salaries & Benefits $201,044

Fundraising Expenses $68,680

Program Expenses $594,042

Other Expenses $392,998

TOTAL EXPENSES $594,042

Year-over-Year Comparison

	2023	2022	Change
Revenue	$591,026	$747,451	-0.2%
Expenses	$594,042	$596,222	0.0%
Net Income	$-3,016	$151,229	-1.0%

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

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

$74,455

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHARON MATTHEWS	President	20.00	Officer	$0	$0	$0
SEAN BURROUGHS	Incoming President	20.00	Officer	$0	$0	$0
KIM MADDY	Treasurer	10.00	Officer	$0	$0	$0
DEBORAH SNOWDEN	Secretary	10.00	Officer	$0	$0	$0
JORDAN BRAMUCHI	Director	5.000	Director	$0	$0	$0
PAUL DECLARK	Director	5.000	Director	$0	$0	$0
COZI INGERHAM-TONG	Director	5.000	Director	$0	$0	$0
WARREN JARVIS	Director	5.000	Director	$0	$0	$0
HEATHER JORGE	Director	5.000	Director	$0	$0	$0
DON MCCAULEY	Director	5.000	Director	$0	$0	$0
EDWARD RINKEWICH	Director	5.000	Director	$0	$0	$0
TERRY SEAL	Director	5.000	Director	$0	$0	$0
DIANNE SHEHADEH	Director	5.000	Director	$0	$0	$0
DAVID ROTH	Past President	5.000	Director	$0	$0	$0
WILLIAM GUNNIN	Executive Director	40.00	Key Emp	$74,455	$0	$74,455

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	$591,026	$594,042	$786,356	$-3,016
2023	$747,451	$596,222	$763,060	$151,229
2022	$631,246	$616,407	$612,183	$14,839
2021	$493,525	$494,728	$645,685	$-1,203
2020	$439,493	$404,027	$271,293	$35,466