GREENVILLE CHAMBER FOUNDATION INC

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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

1971

Legal Domicile

Principal Officer

CARLOS PHILLIPS

Phone

8642421050

Tax Period

2023-01-01 to 2023-12-31

GREENVILLE CHAMBER FOUNDATION INC, founded in 1971, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 279% from the prior year, signaling strong growth momentum.

Mission

RECEIVING FUNDS TO BENEFIT SCIENTIFIC, CHARITABLE, LITERARY AND EDUCATIONAL PROGRAMS OF THE GREATER GREENVILLE CHAMBER OF COMMERCE.

Program Service Accomplishments

Program 1

Expenses: $2,205,096 Revenue: $408,854

MADE CONTRIBUTIONS TO FURTHER THE CHARITABLE AND EDUCATIONAL PROGRAMS OF THE GREATER GREENVILLE CHAMBER OF COMMERCE.

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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 $1,703,297

Program Service Revenue $408,854

Investment Income $6,359

Other Revenue $365

TOTAL REVENUE $2,118,875

Expense Breakdown

Grants Paid $479,870

Salaries & Benefits $572,509

Fundraising Expenses $0

Program Expenses $2,205,096

Other Expenses $1,186,228

TOTAL EXPENSES $2,238,607

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,118,875	$559,635	+2.8%
Expenses	$2,238,607	$705,939	+2.2%
Net Income	$-119,732	$-146,304	-0.2%

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

Total Directors

Key Employees

$199,747

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILL HUSS	CHAIR	1.00	Officer Director	$0	$0	$0
MAX METCALF	PAST CHAIR	1.00	Director	$0	$0	$0
CAL HURST	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
CARLOS PHILLIPS	CEO / SECRET	1.00	Officer Director	$0	$0	$0
MICHELLE SEAVER	TREASURER	1.00	Officer Director	$0	$0	$0
MELIAH B JEFFERSON	DIRECTOR	1.00	Director	$0	$0	$0
KEITH MILLER	DIRECTOR	1.00	Director	$0	$0	$0
ERIC WEISSMANN	NEXT EXECUTI	40.00	Key Emp	$0	$0	$199,747

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	$2,118,875	$2,238,607	$781,928	$-119,732
2022	$559,635	$705,939	$380,000	$-146,304
2022	No data	No data	No data	No data
2021	$1,157,508	$984,221	$685,450	$173,287
2020	$222,104	$170,560	$164,195	$51,544
2019	$202,937	$197,507	$112,651	$5,430
2018	$162,454	$162,747	$108,345	$-293