HOLLY SPRINGS MAIN STREET CHAMBER

EIN: 264197113 501(c)(3) Human Services

Holly Springs, MS

Total Revenue
$42,824
Total Expenses
$46,082
Total Assets
$33,336
Net Assets
$-10,706
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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
2012
Legal Domicile
MS
Principal Officer
Jerry Fitch Jr
Tax Period
2020-01-01 to 2020-12-31

HOLLY SPRINGS MAIN STREET CHAMBER, founded in 2012, is a micro nonprofit in the Human Services sector that reported $43K in total revenue in fiscal year 2020. Revenue fell 29% from the prior year — a significant decline worth monitoring.

Mission

The Holly Springs Main Street Chamber is a non-profit, volunteer-driven organization working to enhance the quality of life in Holly Springs and to make it a better place to live, work and do business.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $42,824
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $42,824

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,906
Fundraising Expenses $0
Program Expenses $4,936
Other Expenses $20,176
TOTAL EXPENSES $46,082

Year-over-Year Comparison

2020 2019 Change
Revenue $42,824 $60,342 -0.3%
Expenses $46,082 $61,559 -0.3%
Net Income $-3,258 $-1,217 +1.7%
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

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Governance

Voting Members
4
Independent Members
4
Employees
1
Volunteers
N/A

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Seale Treasurer 0.00
Officer
$0 $0 $0
Sarah J Liddy Secretary 0.00
Officer
$0 $0 $0
Jerry Fitch Jr President 0.00
Officer
$0 $0 $0
Marsha Taylor Vice President 0.00
Officer
$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
2020 $42,824 $46,082 $33,336 $-3,258
2019 $60,342 $61,559 $31,064 $-1,217
2018 $48,707 $48,373 $34,148 $334
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