WASHINGTON AREA CHAMBER OF COMMERCE (EIN 852629047) - 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

2021

Legal Domicile

Principal Officer

EDWIN J TRACEY

Phone

4352275110

Tax Period

2024-01-01 to 2024-12-31

WASHINGTON AREA CHAMBER OF COMMERCE, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $206K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

The Washington Area Chamber of Commerce is dedicated to supporting and growing business in the greater Washington Area, and connecting business with Community and Government.

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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 $160,000

Program Service Revenue $0

Investment Income $0

Other Revenue $45,641

TOTAL REVENUE $205,641

Expense Breakdown

Grants Paid $4,000

Salaries & Benefits $48,623

Fundraising Expenses $82,750

Program Expenses $15,470

Other Expenses $158,802

TOTAL EXPENSES $211,425

Year-over-Year Comparison

	2024	2023	Change
Revenue	$205,641	$163,760	+0.3%
Expenses	$211,425	$149,615	+0.4%
Net Income	$-5,784	$14,145	-1.4%

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

N/A

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

$46,957

Total Directors

Key Employees

$43,193

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ED TRACEY	PRESIDENT/CEO	040.00	Officer	$46,957	$0	$46,957
APRIL PRATT	OFFICE MANAGER	040.00	Key Emp	$21,638	$0	$21,638
CHRISTOPHER D JEAVONS	MEMBERSHIP COORDINATOR	040.00	Key Emp Highest	$21,555	$0	$21,555
TROY BELLISTON	CHAIR	001.00	Officer	$0	$0	$0
AARON EDGELY	VICE CHAIR	001.00	Officer	$0	$0	$0
CARA STREET	SECRETARY	001.00	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
2024	$205,641	$211,425	$22,274	$-5,784

WASHINGTON AREA CHAMBER OF COMMERCE