ALTAVISTA AREA CHAMBER OF COMMERCE INC (EIN 237316268) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1963

Legal Domicile

Principal Officer

CODIE CYRUS

Phone

4343696665

Tax Period

2022-01-01 to 2022-12-31

ALTAVISTA AREA CHAMBER OF COMMERCE INC, founded in 1963, is a small nonprofit in the Community Improvement sector that reported $121K in total revenue in fiscal year 2018. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $112K left a modest 7% surplus.

Mission

TO REPRESENT THE INTERESTS OF THE ALTAVISTA AREA BUSINESS COMMUNITY IN MATTERS THAT IMPACT THEIR ABILITY TO PROSPER WHILE SHOWCASING THE AREA AS A DESIRABLE PLACE TO LIVE, WORK AND VISIST THROUGH INCREASED BUSINESS EXPOSURE, NETWORKING OPPORTUNITIES, ADVOCACY & BUSINESS TRAINING, AND MEMBER EXCLUSIVE DISCOUNTS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $30,000

Program Service Revenue $62,665

Investment Income $22

Other Revenue $14,369

TOTAL REVENUE $107,056

Expense Breakdown

Grants Paid $0

Salaries & Benefits $46,683

Fundraising Expenses $4,515

Program Expenses $39,164

Other Expenses $54,601

TOTAL EXPENSES $101,284

Year-over-Year Comparison

	2022	2021	Change
Revenue	$107,056	$77,335	+0.4%
Expenses	$101,284	$82,631	+0.2%
Net Income	$5,772	$-5,296	-2.1%

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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROMONDA DAVIS	PAST CHAIR; TREASURER	1.00	Officer Director	$0	$0	$0
COBY WORSHAM	SECRETARY	1.00	Officer Director	$0	$0	$0
BRENT ASHWELL	DIRECTOR	1.00	Director	$0	$0	$0
TIM COADY	DIRECTOR	1.00	Director	$0	$0	$0
CASEY BIRDSALL	DIRECTOR	1.00	Director	$0	$0	$0
FRIEDA MATTOX	DIRECTOR	1.00	Director	$0	$0	$0
LORI WATKINS	DIRECTOR	1.00	Director	$0	$0	$0
PEYTON HOGAN	DIRECTOR	1.00	Director	$0	$0	$0
MARK THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
STACEY ANGEL	DIRECTOR	1.00	Director	$0	$0	$0
KENNY MOOREFIELD	DIRECTOR	1.00	Director	$0	$0	$0
CODIE CYRUS	CHAIRMAN	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
2022	$107,056	$101,284	$83,470	$5,772
2021	$77,335	$82,631	$75,489	$-5,296
2021	$71,964	$84,643	$76,492	$-12,679
2020	$63,532	$105,905	$76,928	$-42,373
2020	$53,508	$95,790	$77,530	$-42,282
2019	$119,073	$93,200	$123,449	$25,873
2019	$104,230	$98,999	$122,251	$5,231
2018	$121,101	$112,369	$127,814	$8,732

ALTAVISTA AREA CHAMBER OF COMMERCE INC