GREATER EDMONDS CHAMBER OF COMMERCE

EIN: 910873392

EDMONDS, WA

Total Revenue
$701,997
Total Expenses
$644,768
Total Assets
$358,890
Net Assets
$328,987
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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
1923
Legal Domicile
WA
Principal Officer
RYAN CROWTHER
Phone
4256701496
Tax Period
2023-01-01 to 2023-12-31

GREATER EDMONDS CHAMBER OF COMMERCE, founded in 1923, is a small nonprofit that reported $702K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $645K left a modest 8% surplus.

Mission

PROMOTING THE ECONOMIC VITALITY OF THE GREATER EDMONDS BUSINESS COMMUNITY THROUGH (CONTINUED) ADVOCACY, LEADERSHIP & EDUCATION

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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 $14,722
Program Service Revenue $687,256
Investment Income $19
Other Revenue $0
TOTAL REVENUE $701,997

Expense Breakdown

Grants Paid $0
Salaries & Benefits $290,509
Fundraising Expenses $0
Program Expenses $577,559
Other Expenses $354,259
TOTAL EXPENSES $644,768

Year-over-Year Comparison

2023 2022 Change
Revenue $701,997 $622,922 +0.1%
Expenses $644,768 $530,071 +0.2%
Net Income $57,229 $92,851 -0.4%
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

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Governance

Voting Members
17
Independent Members
17
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
7
$109,980
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OLIVIA LATHAN BROWN SECRETARY 2.00
Officer
$0 $0 $0
ANNE PENNY CHAIR 2.00
Officer
$0 $0 $0
AVA DUBANO TREASURER 2.00
Officer
$0 $0 $0
ERIKA BARNETT PAST CHAIR 2.00
Officer
$0 $0 $0
GLENDA KRULL VICE CHAIR 2.00
Officer
$0 $0 $0
RYAN CROWTHER PRESIDENT CEO 40.00
Officer
$109,980 $0 $109,980
JAY HOAG INDIVIDUAL MEMBER 2.00
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 $701,997 $644,768 $358,890 $57,229
2022 $622,922 $530,071 $297,554 $92,851
2021 $565,153 $503,011 $196,096 $62,142
2020 $294,834 $214,536 $138,834 $80,298
2019 $653,740 $612,354 $43,127 $41,386
2018 $637,149 $646,937 $9,695 $-9,788
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