Civic Intelligence

Amcham Finland Inc

990 • Fiscal year 2016 • EIN 46-5326479

Jan 01, 2016 to Dec 31, 2016 • Filed on May 08, 2017

1500 Broadwaysuite 505New York, NY 10036

(917) 842-8768

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.36x

Higher debt load relative to assets than 98% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

0.34x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

63rd percentile

7.3%

Higher net margin than 63% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

78th percentile

21%

Faster asset growth than 78% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

96th percentile

93%

Faster revenue growth than 96% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$36,787

Up $6,434 (+21%) from 2015

Net Assets

Up

-$13,365

Up $6,434 (+32%) from 2015

Liabilities

Flat

$50,152

Flat from 2015

Revenue

Up

$147,624

Up $70,977 (+93%) from 2015

Expenses

Up

$136,865

Up $32,594 (+31%) from 2015

Net Income

Up

$10,759

Up $38,383 (+139%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50KAssets 2014: $57,977Liabilities 2014: $0Net Assets 2014: $57,9772014Assets 2015: $30,353Liabilities 2015: $50,152Net Assets 2015: -$19,7992015Assets 2016: $36,787Liabilities 2016: $50,152Net Assets 2016: -$13,3652016Assets 2017: $70,785Liabilities 2017: $50,152Net Assets 2017: $20,6332017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2016

Assets$36,787
Liabilities$50,152
Net Assets-$13,365

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2014: $21,773Expenses 2014: $31,843Net Income 2014: -$10,0702014Revenue 2015: $76,647Expenses 2015: $104,271Net Income 2015: -$27,6242015Revenue 2016: $147,624Expenses 2016: $136,865Net Income 2016: $10,7592016Revenue 2017: $139,691Expenses 2017: $106,677Net Income 2017: $33,0142017Revenue 2018: $49,748Expenses 2018: $57,253Net Income 2018: -$7,5052018

Highlighted filing

2016

Revenue$147,624
Expenses$136,865
Net Income$10,759
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 8, 2017
Return Version
2016v3.0
Gross Receipts
$147,624
Mission and Program Overview

Mission

To promote finish businesses in north america.

Amcham is a chamber of commerce, promoting and helping finish companies expand into the north american marketplace.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$25,653$19,710▼ $5,943
Pledges and Grants Receivable-$12,377-
Savings and Temporary Cash Investments$4,700$4,700→ $0
Rtn Earn Endowment Incm Other Fnds$-19,799$-13,365▲ $6,434
Total Assets$30,353$36,787▲ $6,434
Liabilities
Unsecured Notes Loans Payable$50,152$50,152→ $0
Total Liabilities$50,152$50,152→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$-19,799$-13,365▲ $6,434
Total Liabilities and Net Assets / Fund Balance$30,353$36,787▲ $6,434
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kristiina HeleniusChairperson
Chris VillasenorVice Chairpe
Jarno VantoSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$85,797
Program Service Revenue
$61,827
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$10,759
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$74,870
Salaries, Compensation, and Employee Benefits$61,995
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$57,314-$57,314
Office Expenses-$30,185-$30,185
Conferences and Meetings$17,901--$17,901
Travel-$4,786-$4,786
Payroll Taxes-$4,681-$4,681
Fees for Services Accounting-$4,375-$4,375
Information Technology-$3,809-$3,809
Other Expenses$2,352$1,554-$1,554
Insurance-$1,158-$1,158
Total Functional Expenses$20,253$116,612$0$136,865
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The tax returns will be reviewed by the directors in conjunction with the cpa preparer.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Amcham Finland Inc
EIN
46-5326479
Address
1500 BROADWAYSUITE 505, NEW YORK, NY 10036

Signing Officer

Name
Kristiina Helenius
Title
Chairperson
Signed
2017-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristiina Helenius
Formed
2014
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
2
Employees
1

Preparer

Firm
Taxfirst Inc
Address
7717 NARROWS AVE, BROOKLYN, NY 11209-2824
Preparer
John E Johansen CPA
Phone
9178428768
Raw XML Appendix245 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/GrantsToIndividualsInd0false
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