FRANKFORT CHAMBER NFP

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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

2018

Legal Domicile

Tax Period

2021-01-01 to 2021-12-31

Mission

TO RAISE FUNDS IN ORDER TO MAKE DISTRIUBTIONS TO CHARITABLE, EDUCATIONAL, AND SCIENTIFIC ORGANIZATIONS WHICH ARE LOCATED IN, OR ADJACENT TO THE VILLAGE OF FRANKFORT, IL,

Program Service Accomplishments

Program 1

Expenses: $22,723

ANNUAL FALL FESTIVAL AND CRAFT SHOW TO ENGAGE LOCAL COMMUNITY MEMBERS. THE EVENT IS DESIGNED TO PROMOTE AREA BUSINESSES AND COMMUNITY

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $21,759

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,723

Other Expenses $1,994

TOTAL EXPENSES $23,753

Year-over-Year Comparison

	2021	2020	Change
Revenue	N/A	$2	-1.0%
Expenses	$23,753	$6,209	+2.8%
Net Income	N/A	$-6,207	N/A

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

N/A

Volunteers

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	Role	Reportable Comp	Other Comp	Total
GARY GNADE	TREASURER	Director	$0	$0	$0
TOM VANDELLAN	INTERNAL VP	Director	$0	$0	$0
LAURA VROOM	PRESIDENT	Director	$0	$0	$0
JIM MCFARLAND	DIRECTOR	Officer	$0	$0	$0
DANA ANDERSON	DIRECTOR	Officer	$0	$0	$0
LISA GLANCY	DIRECTOR	Officer	$0	$0	$0
GARY GNADE	TREASURER	Officer	$0	$0	$0
CHRIS HERDER	SECRETARY	Officer	$0	$0	$0
BERT BEHNKE	PAST PRESIDENT	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
2021	No data	$23,753	No data	No data
2020	$2	$6,209	$23,753	$-6,207
2019	$126,839	$98,856	$29,960	$27,983
2018	$116,925	$114,948	$29,977	$1,977