AMERICAN FREE ENTERPRISE CHAMBER OF COMMERCE

EIN: 863899246 Community Improvement

Ankeny, IA

Total Revenue
$2,012,525
Total Expenses
$1,628,283
Total Assets
$436,296
Net Assets
$407,096
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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
2022
Legal Domicile
IA
Principal Officer
Gentry Collins
Phone
5152919814
Tax Period
2023-01-01 to 2023-12-31

AMERICAN FREE ENTERPRISE CHAMBER OF COMMERCE, founded in 2022, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 3905% from the prior year, signaling strong growth momentum. The organization ran a surplus of $384K, a strong 19% operating margin.

Mission

The American Free Enterprise Chamber of Commerce has emerged as a firewall against government overreach and a beacon for common sense. We advocate for policies that will extend rather than extinguish the American experiment and ensure that future generations have ample opportunities marked by freedom and upward mobility.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,012,525
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,012,525

Expense Breakdown

Grants Paid $0
Salaries & Benefits $167,000
Fundraising Expenses $0
Program Expenses $1,253,951
Other Expenses $1,461,283
TOTAL EXPENSES $1,628,283

Year-over-Year Comparison

2023 2022 Change
Revenue $2,012,525 $50,252 +39.0%
Expenses $1,628,283 $26,464 +60.5%
Net Income $384,242 $23,788 +15.2%
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
5
Independent Members
2
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
2
$110,000
Total Directors
5
$167,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gentry Collins President 2
Officer Director
$105,000 $0 $105,000
William Canfield General Counsel 2
Director
$57,000 $0 $57,000
James M Kurtenbach Secretary and Treasurer 2
Officer Director
$5,000 $0 $5,000
Somsak Chivavibul Director 2
Director
$0 $0 $0
Jill Rulli Director 2
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 No data No data No data No data
2023 $2,012,525 $1,628,283 $436,296 $384,242
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