BOTHELL KENMORE CHAMBER OF COMMERCE (EIN 870718434) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

RYAN MILLS

Phone

4254854353

Tax Period

2023-01-01 to 2023-12-31

BOTHELL KENMORE CHAMBER OF COMMERCE, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $417K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $468K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO CHAMPION THE PROSPERITY OF THE GREATER BOTHELL AND KENMORE AREA AND QUALITY OF LIFE FOR ITS COMMUNITY THROUGH COLLABORATIVE LEADERSHIP, BUSINESS ADVOCACY AND MEMBER-DRIVEN SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $115,469

Program Service Revenue $177,888

Investment Income $144

Other Revenue $123,108

TOTAL REVENUE $416,609

Expense Breakdown

Grants Paid $0

Salaries & Benefits $218,373

Fundraising Expenses $0

Program Expenses $468,258

Other Expenses $249,885

TOTAL EXPENSES $468,258

Year-over-Year Comparison

	2023	2022	Change
Revenue	$416,609	$347,698	+0.2%
Expenses	$468,258	$372,216	+0.3%
Net Income	$-51,649	$-24,518	+1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$89,743

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANAH ABARR	FORMER EXEC	40.00	Officer	$68,125	$0	$68,125
SANDRA LEE	EXECUTIVE DI	40.00	Officer	$21,618	$0	$21,618
CHERYL BOSH	TREASURER	1.00	Officer Director	$0	$0	$0
JEN BOYD	SECRETARY	1.00	Officer Director	$0	$0	$0
RYAN MILLS	CHAIR	2.50	Officer Director	$0	$0	$0
MADISON WEAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CARMIN DALZIEL	PAST CHAIR	1.00	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	No data	No data	No data	No data
2023	$416,609	$468,258	$63,512	$-51,649
2022	$347,698	$372,216	$129,009	$-24,518
2021	$303,414	$253,315	$150,734	$50,099
2020	$201,922	$221,572	$100,000	$-19,650
2019	$318,674	$298,365	$114,002	$20,309
2018	$284,123	$286,940	$92,876	$-2,817

BOTHELL KENMORE CHAMBER OF COMMERCE