Fremont Chamber of Commerce

EIN: 911208584

Seattle, WA

Total Revenue
$897,210
Total Expenses
$959,151
Total Assets
$50,871
Net Assets
$50,871
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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
1983
Legal Domicile
WA
Phone
2066321500
Tax Period
2023-01-01 to 2023-12-31

Fremont Chamber of Commerce, founded in 1983, is a small nonprofit that reported $897K in total revenue in fiscal year 2023.

Mission

To strengthen the business climate and improve the quality of life in the Fremont 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $95,017
Program Service Revenue $802,020
Investment Income $173
Other Revenue $0
TOTAL REVENUE $897,210

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $959,151
TOTAL EXPENSES $959,151

Year-over-Year Comparison

2023 2022 Change
Revenue $897,210 $847,456 +0.1%
Expenses $959,151 $922,829 +0.0%
Net Income $-61,941 $-75,373 -0.2%
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
4
Independent Members
3
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brandi Gaines President 0.00
Officer Director
$0 $0 $0
Paul Robinson Vice President 0.00
Officer Director
$0 $0 $0
Phil Megenhardt Treasurer 0.00
Officer Director
$0 $0 $0
Eva Otto Secretary 0.00
Officer 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
2023 $897,210 $959,151 $50,871 $-61,941
2022 $847,456 $922,829 $47,905 $-75,373
2021 $588,473 $553,825 $123,278 $34,648
2019 $829,305 $843,521 $132,040 $-14,216
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