FRANKFORT CHAMBER NFP

EIN: 824100589 501(c)(3)

FRANKFORT, IL

Total Revenue
N/A
Total Expenses
$23,753
Total Assets
N/A
Net Assets
N/A
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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
IL
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,

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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%)

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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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

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
6
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY GNADE TREASURER 0.00
Director
$0 $0 $0
TOM VANDELLAN INTERNAL VP 0.00
Director
$0 $0 $0
LAURA VROOM PRESIDENT 0.00
Director
$0 $0 $0
JIM MCFARLAND DIRECTOR 0.00
Officer
$0 $0 $0
DANA ANDERSON DIRECTOR 0.00
Officer
$0 $0 $0
LISA GLANCY DIRECTOR 0.00
Officer
$0 $0 $0
GARY GNADE TREASURER 0.00
Officer
$0 $0 $0
CHRIS HERDER SECRETARY 0.00
Officer
$0 $0 $0
BERT BEHNKE PAST PRESIDENT 0.00
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
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