MARTIN CHAMBER FOUNDATION INC (EIN 923970828) - 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

2023

Legal Domicile

Principal Officer

JOSEPH CATRAMBONE

Phone

7722871088

Tax Period

2023-10-01 to 2024-09-30

MARTIN CHAMBER FOUNDATION INC, founded in 2023, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $210K in total revenue in fiscal year 2023. Revenue surged 9253% from the prior year, signaling strong growth momentum. The organization ran a surplus of $58K, a strong 27% operating margin.

Mission

THE FOUNDATION SUPPORTS ECONOMIC PROSPERITY AND GROWING ENTREPRENEURSHIP AND WORKFORCE DEVELOPMENT THROUGH BUSINESS COUNSELING, ADVERTISING, EMPLOYER AND JOB SEEKER SUPPORT PROGRAMS, AND COUNTLESS MONTHLY NETWORKING OPPORTUNITIES.

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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 $220,597

Program Service Revenue $0

Investment Income $22

Other Revenue $-10,179

TOTAL REVENUE $210,440

Expense Breakdown

Grants Paid $0

Salaries & Benefits $92,998

Fundraising Expenses $0

Program Expenses $92,303

Other Expenses $59,902

TOTAL EXPENSES $152,900

Year-over-Year Comparison

	2023	2022	Change
Revenue	$210,440	$2,250	+92.5%
Expenses	$152,900	$189	+808.0%
Net Income	$57,540	$2,061	+26.9%

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

N/A

Volunteers

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

$145,036

Total Directors

$145,036

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH A CATRAMBONE	PRESIDENT / DIRECTOR	1.00	Officer Director	$0	$0	$145,036
ANGELA HOFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
KELLY JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
TIM KINANE	DIRECTOR	1.00	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	$210,440	$152,900	$59,601	$57,540

MARTIN CHAMBER FOUNDATION INC