CHATTANOOGA CHAMBER FOUNDATION (EIN 237032834) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

CHARLES WOOD

Phone

4237562121

Tax Period

2024-07-01 to 2025-06-30

CHATTANOOGA CHAMBER FOUNDATION, founded in 1969, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $10.4M in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 18% operating margin.

Mission

TO CHAMPION OUR MEMBER BUSINESSES AND PROMOTE REGIONAL ECONOMIC GROWTH.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,444,085

Program Service Revenue $1,851,607

Investment Income $22,418

Other Revenue $46,177

TOTAL REVENUE $10,364,287

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,292,469

Fundraising Expenses $335,688

Program Expenses $7,365,521

Other Expenses $5,227,536

TOTAL EXPENSES $8,520,005

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,364,287	$5,705,485	+0.8%
Expenses	$8,520,005	$6,117,298	+0.4%
Net Income	$1,844,282	$-411,813	-5.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

540

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

$812,604

Total Directors

$491,422

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES WOOD	PRESIDENT/CEO	32.00	Officer Director	$228,483	$186,140	$491,422
KATHERINE RANDOLPH	EXECUTIVE DIRECTOR (2.0)	40.00	Officer	$171,422	$17,090	$188,512
ADAM MYERS	VICE PRESIDENT	40.00	Highest	$128,025	$13,065	$141,090
YOLONDA HAYSLETT	V/P FINANCE &ADMINISTRATION	24.00	Officer	$72,203	$12,422	$132,670
LORNE STEEDLY	VICE PRESIDENT	40.00	Highest	$102,199	$10,395	$112,594
JAY DALE	CHAIR	1.00	Officer Director	$0	$0	$0
BRAD COBB	CHAIR-ELECT	1.00	Officer Director	$0	$0	$0
PAUL LEATH	IMMEDIATE PAST CHAIR	1.00	Director	$0	$0	$0
REBECCA ASHFORD	TREASURER	1.00	Officer Director	$0	$0	$0
DALYA QUALLS-WHITE	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRIS COSBY	DIRECTOR	1.00	Director	$0	$0	$0
RYAN KEEL	DIRECTOR	1.00	Director	$0	$0	$0
MATT ROYAL	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
2025	$10,364,287	$8,520,005	$11,167,709	$1,844,282
2024	$5,705,485	$6,117,298	$7,394,296	$-411,813
2023	$5,902,246	$5,527,535	$7,846,474	$374,711
2022	$4,207,159	$4,465,977	$7,823,041	$-258,818
2021	$5,758,264	$4,874,979	$7,015,826	$883,285
2020	$4,249,976	$3,966,699	$6,219,517	$283,277
2019	$4,298,940	$4,244,210	$6,582,404	$54,730
2018	$2,846,436	$3,841,427	$6,702,107	$-994,991

CHATTANOOGA CHAMBER FOUNDATION