Abilene Chamber of Commerce Foundation (EIN 237248959) - 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

1972

Legal Domicile

Principal Officer

Doug Peters

Tax Period

2023-10-01 to 2024-09-30

Abilene Chamber of Commerce Foundation, founded in 1972, is a small nonprofit that reported $272K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $262K left a modest 3% surplus.

Mission

The purpose of the Organization is to provide knowledge and understanding of economics, matters of public concern, finance, education and training, and problems of minority groups therby promoting the economy and quality of life in Abilene Texas.

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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 $266,118

Program Service Revenue $0

Investment Income $4,852

Other Revenue $676

TOTAL REVENUE $271,646

Expense Breakdown

Grants Paid $251,575

Salaries & Benefits $0

Fundraising Expenses $75

Program Expenses $260,620

Other Expenses $10,715

TOTAL EXPENSES $262,290

Year-over-Year Comparison

	2023	2022	Change
Revenue	$271,646	$372,393	-0.3%
Expenses	$262,290	$395,691	-0.3%
Net Income	$9,356	$-23,298	-1.4%

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

$412,734

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Doug Peters	President & CEO	1.00	Officer	$0	$49,057	$333,386
Frances Williamson	Vice President Administration	1.00	Officer	$0	$7,201	$79,348
Kelly Jay	Chair	1.00	Officer Director	$0	$0	$0
Laura Moore	Past Chair	1.00	Officer Director	$0	$0	$0
Kelsi Mangrem	Chair Elect	1.00	Officer 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	$271,646	$262,290	$557,889	$9,356
2023	$372,393	$395,691	$510,419	$-23,298
2022	$366,042	$255,864	$517,624	$110,178
2019	$436,691	$709,021	$440,121	$-272,330
2018	$867,510	$279,733	$726,138	$587,777

Abilene Chamber of Commerce Foundation