VASHON-MAURY ISLAND CHAMBER OF COMMERCE (EIN 911606353) - Form 990 Financial Analysis & Trantor Score

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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

1981

Legal Domicile

Principal Officer

CHERYL LUBBERT

Phone

2064636217

Tax Period

2023-01-01 to 2023-12-31

VASHON-MAURY ISLAND CHAMBER OF COMMERCE, founded in 1981, is a small nonprofit that reported $217K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum.

Mission

THE ORGANIZATION PROMOTES AND SERVES VASHON ISLAND BUSINESSES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,000

Program Service Revenue $211,556

Investment Income $151

Other Revenue $0

TOTAL REVENUE $216,707

Expense Breakdown

Grants Paid $0

Salaries & Benefits $55,397

Fundraising Expenses $0

Other Expenses $157,837

TOTAL EXPENSES $213,234

Year-over-Year Comparison

	2023	2022	Change
Revenue	$216,707	$163,000	+0.3%
Expenses	$213,234	$157,097	+0.4%
Net Income	$3,473	$5,903	-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

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

$49,219

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY DRAYER	EXECUTIVE DI	25.00	Officer	$45,469	$0	$45,469
BENJAMIN STEMER	PRIOR EXEC.	25.00	Officer	$3,750	$0	$3,750
CHRISTOPHER NAKEA	TRUSTEE	2.00	Director	$0	$0	$0
JOSH THORN	TRUSTEE	2.00	Director	$0	$0	$0
ADAM CHUMAS	TRUSTEE	2.00	Director	$0	$0	$0
MIKE ENGLAND	TRUSTEE	2.00	Director	$0	$0	$0
CLIFF SILKETT	TRUSTEE	2.00	Director	$0	$0	$0
CHERYL LUBBERT	CO-PRESIDENT	4.00	Officer Director	$0	$0	$0
CONNIE SORENSEN	CO-PRESIDENT	4.00	Officer Director	$0	$0	$0
JOHN DEGROEN	CO-TREASURER	2.00	Officer Director	$0	$0	$0
HEATHER RUSSELL	CO-TREASURER	2.00	Officer Director	$0	$0	$0
TINA MOHR	SECRETARY	2.00	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
2024	No data	No data	No data	No data
2023	$216,707	$213,234	$36,499	$3,473
2022	$163,000	$157,097	$40,205	$5,903
2021	$151,531	$187,343	$34,899	$-35,812
2020	$149,370	$78,559	$76,952	$70,811
2019	$224,098	$220,928	$-7,578	$3,170
2018	$222,189	$236,219	$-7,743	$-14,030

VASHON-MAURY ISLAND CHAMBER OF COMMERCE