MEREDITH CHAMBER OF COMMERCE (EIN 020235942) - 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

1956

Principal Officer

TRAVIS COLE

Phone

6032796121

Tax Period

2023-10-01 to 2024-09-30

MEREDITH CHAMBER OF COMMERCE, founded in 1956, is a small nonprofit in the Community Improvement sector that reported $141K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $125K left a modest 12% 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $57,471

Program Service Revenue $83,775

Investment Income $0

Other Revenue $3

TOTAL REVENUE $141,249

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,551

Fundraising Expenses $0

Other Expenses $96,393

TOTAL EXPENSES $124,944

Year-over-Year Comparison

	2023	2022	Change
Revenue	$141,249	$110,050	+0.3%
Expenses	$124,944	$108,725	+0.1%
Net Income	$16,305	$1,325	+11.3%

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

Total Directors

$17,498

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CORINA LOCKE	EXECUTIVE DI	20.00	Director	$17,498	$0	$17,498
MICHAEL GRIFFIN	EXECUTIVE DI	20.00		$15,616	$0	$15,616
WENDY BAGLEY	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA BECKWITH	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN BOUTIN	SECRETARY	2.00	Officer Director	$0	$0	$0
TRAVIS COLE	TREASURER	2.00	Officer Director	$0	$0	$0
CODY GRAY	DIRECTOR	1.00	Director	$0	$0	$0
NICK LEIGHTON	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
ADAM MCKINNEY	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS SAWYER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN STEPHENS	PRESIDENT	2.00	Officer Director	$0	$0	$0
MERRON TREADWELL	DIRECTOR	1.00	Director	$0	$0	$0
TEDDY WILLEY	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	$141,249	$124,944	$19,667	$16,305
2023	$110,050	$108,725	$3,362	$1,325
2022	$113,665	$112,980	$2,037	$685
2021	$112,533	$118,853	$1,352	$-6,320
2020	$125,301	$134,660	$7,672	$-9,359

MEREDITH CHAMBER OF COMMERCE