LITTLE ROCK CHAMBER FOUNDATION

🔒

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

1974

Legal Domicile

Principal Officer

JAY CHESSHIR

Phone

5013742001

Tax Period

2023-01-01 to 2023-12-31

LITTLE ROCK CHAMBER FOUNDATION, founded in 1974, is a small nonprofit that reported $771K in total revenue in fiscal year 2023. Revenue surged 236% from the prior year, signaling strong growth momentum. Net assets of $3.4M represent 53 months of operating reserves.

Mission

TO PROMOTE CIVIC ACTIVITIES AND ECONOMIC DEVELOPMENT.

Program Service Accomplishments

Program 1

Expenses: $749,021

THE LITTLE ROCK CHAMBER FOUNDATION PROMOTES ECONOMIC DEVELOPMENT AS A TYPE I SUPPORTING ORGANIZATION THROUGH PROVIDING FACILITIES AND FINANCIAL SUPPORT TO THE LITTLE ROCK REGIONAL CHAMBER OF COMMERCE FOR EDUCATIONAL AND OTHER PROGRAMS TARGETING IMPROVEMENT OF ECONOMIC GROWTH AND ACTIVITY IN THE GREATER LITTLE ROCK AREA.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $770,743

Program Service Revenue $0

Investment Income $34

Other Revenue $0

TOTAL REVENUE $770,777

Expense Breakdown

Grants Paid $630,808

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $749,021

Other Expenses $118,213

TOTAL EXPENSES $749,021

Year-over-Year Comparison

	2023	2022	Change
Revenue	$770,777	$229,659	+2.4%
Expenses	$749,021	$294,312	+1.5%
Net Income	$21,756	$-64,653	-1.3%

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

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

$425,607

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN RIGGS	SENIOR COUNCIL	2.00	Director	$0	$0	$0
KEVIN CRASS	SENIOR COUNCIL	2.00	Director	$0	$0	$0
CATHY TUGGLE	SENIOR COUNCIL	2.00	Director	$0	$0	$0
RONNIE DEDMAN	SENIOR COUNCIL	2.00	Director	$0	$0	$0
JIM CARGILL	IMMEDIATE PAST CHAIRMAN	2.00	Officer Director	$0	$0	$0
JOHN BURGESS	SENIOR COUNCIL	2.00	Director	$0	$0	$0
RAJESH CHOKHANI	CHAIRMAN	2.00	Officer Director	$0	$0	$0
JAY CHESSHIR	PRESIDENT & CEO	40.00	Key Emp	$0	$59,971	$425,607

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$770,777	$749,021	$3,444,622	$21,756
2022	$229,659	$294,312	$3,388,770	$-64,653
2021	$438,985	$436,649	$3,453,423	$2,336
2020	$343,889	$379,743	$3,451,087	$-35,854
2019	$328,930	$444,936	$3,486,941	$-116,006
2018	$175,118	$291,293	$3,602,947	$-116,175