FRUITA AREA CHAMBER OF COMMERCE (EIN 840978361) - 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

1914

Principal Officer

KAREN MARTSOLF

Phone

9708583894

Tax Period

2024-01-01 to 2024-12-31

FRUITA AREA CHAMBER OF COMMERCE, founded in 1914, is a small nonprofit that reported $282K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $247K left a modest 12% surplus.

Mission

ACTIVITY IS TO PROMOTE A POSITIVE BUSINESS AND CIVIC ATMOSPHERE IN THE AREA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $147,855

Program Service Revenue $0

Investment Income $1,188

Other Revenue $133,286

TOTAL REVENUE $282,329

Expense Breakdown

Grants Paid $200

Salaries & Benefits $171,319

Fundraising Expenses $0

Program Expenses $171,519

Other Expenses $75,620

TOTAL EXPENSES $247,139

Year-over-Year Comparison

	2024	2023	Change
Revenue	$282,329	$252,429	+0.1%
Expenses	$247,139	$264,025	-0.1%
Net Income	$35,190	$-11,596	-4.0%

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

$70,810

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAYLA BOWERS	EXECUTIVE DI	40.00	Officer	$70,810	$0	$70,810
NATE ANDERSON	SECRETARY	2.00	Officer Director	$0	$0	$0
MATTHEW BREMAN	BOARD DIRECT	1.00	Director	$0	$0	$0
JOSHUA CARPENTER	BOARD DIRECT	2.00	Director	$0	$0	$0
RIAR GEER	TREASURER	2.00	Officer Director	$0	$0	$0
ERIC GIL	BOARD DIRECT	1.00	Director	$0	$0	$0
KENNETH KLINE	PAST PRESIDE	1.00	Director	$0	$0	$0
ELEXA KOTSCHWAR	BOARD DIRECT	1.00	Director	$0	$0	$0
KAREN MARTSOLF	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
ANDREA STOLARCZYK	BOARD DIRECT	1.00	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	$282,329	$247,139	$98,845	$35,190
2023	$252,429	$264,025	$52,467	$-11,596
2022	$219,255	$246,205	$63,906	$-26,950
2021	$216,422	$171,590	$90,617	$44,832
2020	$220,089	$210,352	$47,833	$9,737
2019	$255,798	$264,076	$35,765	$-8,278
2018	$231,112	$248,497	$43,670	$-17,385

FRUITA AREA CHAMBER OF COMMERCE