SEWARD CHAMBER OF COMMERCE CONFERENCE AND VISITORS BUREAU INC (EIN 920061893) - 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

1953

Legal Domicile

Principal Officer

SAMANTHA ALLEN

Phone

9072248051

Tax Period

2023-01-01 to 2023-12-31

SEWARD CHAMBER OF COMMERCE CONFERENCE AND VISITORS BUREAU INC, founded in 1953, is a small nonprofit that reported $552K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $675K exceeded revenue, resulting in a 22% operating deficit.

Mission

PROMOTE AND SUPPORT OUR MEMBERS IN MAINTAINING A DIVERSIFIED ECONOMY AND POSITIVE BUSINESS AND LIVING ENVIRONMENT IN THE GREATER SEWARD 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $380,679

Program Service Revenue $60,445

Investment Income $337

Other Revenue $110,122

TOTAL REVENUE $551,583

Expense Breakdown

Grants Paid $0

Salaries & Benefits $290,109

Fundraising Expenses $0

Other Expenses $384,424

TOTAL EXPENSES $674,533

Year-over-Year Comparison

	2023	2022	Change
Revenue	$551,583	$418,134	+0.3%
Expenses	$674,533	$623,356	+0.1%
Net Income	$-122,950	$-205,222	-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

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

$120,032

Total Directors

$120,032

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA SCHUTTER	PRESIDENT	4.00	Officer Director	$0	$0	$0
GERI NIPP	TREASURER	2.00	Officer Director	$0	$0	$0
JENA PETERSEN	DIRECTOR	2.00	Director	$0	$0	$0
HILLARY BEAN	DIRECTOR	2.00	Director	$0	$0	$0
MATT COPE	DIRECTOR	2.00	Director	$0	$0	$0
KAT SORENSEN	EXECUTIVE DIRECTOR (UNTIL 9/23)	40.00	Officer Director	$53,794	$1,614	$55,408
ROBBIE HUETT	DIRECTOR	4.00	Officer Director	$0	$0	$0
KIRSTEN MCNEIL	SECRETARY	2.00	Officer Director	$0	$0	$0
GREG HASS	VICE PRESIDENT	2.00	Director	$0	$0	$0
LYRISSA HAMMER	DIRECTOR	2.00	Director	$0	$0	$0
CLIFF KRUG	DIRECTOR	2.00	Director	$0	$0	$0
SAMANTHA ALLEN	EXECUTIVE DIRECTOR (EFF. 9/23)	40.00	Officer Director	$62,800	$1,824	$64,624
ANTHONY BACLAAN	DIRECTOR	2.00	Director	$0	$0	$0
DANNY SEAVEY	DIRECTOR	2.00	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	$551,583	$674,533	$334,621	$-122,950
2022	$418,134	$623,356	$496,339	$-205,222
2021	$636,441	$796,505	$743,394	$-160,064
2020	$681,160	$582,831	$828,535	$98,329
2019	$519,349	$522,555	$721,889	$-3,206
2018	$515,894	$501,508	$726,289	$14,386

SEWARD CHAMBER OF COMMERCE CONFERENCE AND VISITORS BUREAU INC