BOONE AREA CHAMBER OF COMMERCE (EIN 420147570) - 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

1912

Legal Domicile

Principal Officer

JENNIFER HANSON

Phone

5154323342

Tax Period

2024-01-01 to 2024-12-31

BOONE AREA CHAMBER OF COMMERCE, founded in 1912, is a small nonprofit in the Community Improvement sector that reported $289K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO ENHANCE THE ECONOMIC VITALITY AND QUALITY OF LIFE IN BOONE COUNTY

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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 (2024)

Revenue Breakdown

Contributions & Grants $210,332

Program Service Revenue $74,589

Investment Income $2,960

Other Revenue $1,581

TOTAL REVENUE $289,462

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,460

Fundraising Expenses $0

Program Expenses $189,739

Other Expenses $173,025

TOTAL EXPENSES $286,485

Year-over-Year Comparison

	2024	2023	Change
Revenue	$289,462	$265,660	+0.1%
Expenses	$286,485	$274,727	+0.0%
Net Income	$2,977	$-9,067	-1.3%

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

275

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

$70,409

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER HANSON	Executive Dir.	40.00	Officer	$67,565	$2,844	$70,409
CHRIS TORRES	Director	1.00	Director	$0	$0	$0
CHRISTINA HEINZ	Director	1.00	Director	$0	$0	$0
JULIE TREPA	Vice President	2.00	Officer Director	$0	$0	$0
COURTNEY DAVIDSON	Director	1.00	Director	$0	$0	$0
ALEX KRETZINGER	Director	1.00	Director	$0	$0	$0
TOM BLANFORD	Director	1.00	Director	$0	$0	$0
SAM BYRIEL	Director	1.00	Director	$0	$0	$0
CHARLIE MOFFITT	Director	1.00	Director	$0	$0	$0
SHILOH BURKE	Director	1.00	Director	$0	$0	$0
PAUL JACOBSON	President	2.00	Officer Director	$0	$0	$0
KOBY PRITCHARD	Director	1.00	Director	$0	$0	$0
ERIN ROBEY	Director	1.00	Director	$0	$0	$0
ERIN NEUMANN	Director	1.00	Director	$0	$0	$0
DEREK KENNEDY	Director	1.00	Director	$0	$0	$0
ABBIE SCHAFFER	Director	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
2024	$289,462	$286,485	$388,103	$2,977
2023	$265,660	$274,727	$396,521	$-9,067
2022	$268,286	$348,851	$412,539	$-80,565
2021	$338,134	$361,979	$503,786	$-23,845
2021	$306,948	$361,979	$472,600	$-55,031
2020	$403,082	$354,386	$555,618	$48,696
2019	$391,026	$379,251	$497,112	$11,775
2018	$405,037	$371,287	$525,916	$33,750

BOONE AREA CHAMBER OF COMMERCE