FERN CREEK COMMUNITY ASSOCIATION & CHAMBER OF COMMERCE INC (EIN 610543387) - 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

STEPHEN R COSTELLE

Phone

5022397550

Tax Period

2024-01-01 to 2024-12-31

FERN CREEK COMMUNITY ASSOCIATION & CHAMBER OF COMMERCE INC, founded in 2001, is a small nonprofit that reported $104K in total revenue in fiscal year 2024. Revenue fell 83% from the prior year — a significant decline worth monitoring. Net assets of $632K represent 73 months of operating reserves.

Mission

THIS ORGANIZATION'S EXEMPT PURPOSE IS TO PROMOTE AND ENHANCE THE COMMUNITY AND TO OFFER TO AND THROUGH IT'S MEMBERS THE ADVANTAGES OF COOPERATIVE AND COLLECTIVE EFFORTS TO ENHANCE AND IMPROVE THE SOCIAL AND BUSINESS CLIMATE WITHIN IT'S GEOGRAPHICAL AREA.

🔒

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 $48,021

Program Service Revenue $0

Investment Income $20,296

Other Revenue $35,451

TOTAL REVENUE $103,768

Expense Breakdown

Grants Paid $0

Salaries & Benefits $39,014

Fundraising Expenses $0

Program Expenses $111,250

Other Expenses $72,236

TOTAL EXPENSES $111,250

Year-over-Year Comparison

	2024	2023	Change
Revenue	$103,768	$601,660	-0.8%
Expenses	$111,250	$116,508	0.0%
Net Income	$-7,482	$485,152	-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

N/A

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
JOSH STEWART	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARY HENRY	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BRI HARRIS	SECRETARY	2.00	Officer Director	$0	$0	$0
STEVE COSTELLE	TREASURER	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
2024	$103,768	$111,250	$638,149	$-7,482
2023	$601,660	$116,508	$646,117	$485,152

FERN CREEK COMMUNITY ASSOCIATION & CHAMBER OF COMMERCE INC