Mt Baker Foothills Chamber of Comme

EIN: 911225100

Maple Falls, WA

Total Revenue
$153,071
Total Expenses
$142,347
Total Assets
$910,499
Net Assets
$908,809
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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
1982
Legal Domicile
WA
Tax Period
2023-01-01 to 2023-12-31

Mt Baker Foothills Chamber of Comme, founded in 1982, is a small nonprofit that reported $153K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $142K left a modest 7% surplus.

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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 $129,533
Program Service Revenue $21,942
Investment Income $0
Other Revenue $1,596
TOTAL REVENUE $153,071

Expense Breakdown

Grants Paid $130
Salaries & Benefits $94,570
Fundraising Expenses $0
Program Expenses $125,270
Other Expenses $47,647
TOTAL EXPENSES $142,347

Year-over-Year Comparison

2023 2022 Change
Revenue $153,071 $132,850 +0.2%
Expenses $142,347 $125,180 +0.1%
Net Income $10,724 $7,670 +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
6
Independent Members
6
Employees
2
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
3
$0
Total Directors
4
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Okan Director 2.00
Director
$0 $0 $0
Mollie Reta Vice President 2.00
Officer Director
$0 $0 $0
Paul Engel President 2.00
Officer Director
$0 $0 $0
Jim Green Treasurer 2.00
Officer Director
$0 $0 $0
Rebecca Boonstra Executive Director 0.00
Key Emp
$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 $153,071 $142,347 $910,499 $10,724
2022 $132,850 $125,180 $915,324 $7,670
2021 $117,370 $108,194 $908,419 $9,176
2020 $106,635 $102,478 $900,311 $4,157
2019 $108,010 $105,749 $897,335 $2,261
2018 $107,070 $107,735 $907,588 $-665
2017 $125,355 $113,390 $911,572 $11,965
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