DE SOTO CHAMBER OF COMMERCE INC

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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

2000

Legal Domicile

Principal Officer

LAURA BLATTER

Phone

9135831585

Tax Period

2024-01-01 to 2024-12-31

DE SOTO CHAMBER OF COMMERCE INC, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $418K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

PROVIDE ECONOMIC WELL-BEING OF THE COMMUNITY AND THE ADVANCEMENT OF COMMERCIAL, INDUSTRIAL, PROFESSIONAL, EDUCATIONAL AND CIVIC INTEREST THEREIN.

Program Service Accomplishments

Program 1

Expenses: $101,291 Revenue: $34,836

PROVIDE CHAMBER MEMBERS WITH ACCESS TO COMMUNITY EVENTS VIA NEWSLETTER AND TO PROVIDE COMMUNITY WITH TARGETED INDUSTRY STUDIES IN ORDER TO ASSIST THE CITY OF DE SOTO IN NARROWING DOWN THE TYPES OF...

PROVIDE CHAMBER MEMBERS WITH ACCESS TO COMMUNITY EVENTS VIA NEWSLETTER AND TO PROVIDE COMMUNITY WITH TARGETED INDUSTRY STUDIES IN ORDER TO ASSIST THE CITY OF DE SOTO IN NARROWING DOWN THE TYPES OF INDUSTRIES TO ATTRACT TO THE CITY FOR RELOCATION.

Program 2

ASSIST CHAMBER MEMBERS IN NAVIGATING LEGISLATIVE AND COMMUNITY LAWS/REGULATIONS TO PROMOTE BUSINESS GROWTH WITHIN THE CITY OF DE SOTO, JOHNSON COUNTY AND STATE OF KANSAS.

Program 3

Expenses: $180,072 Revenue: $60,986

TO PROVIDE CHAMBER MEMBERS THE OPPORTUNITY TO NETWORK USING TOOLS SUCH AS THE MEMBERSHIP DIRECTORY, WEBSITE AND MONTHLY LUNCHEONS BUSINESS AFTER HOURS MIXERS, WOMEN IN BUSINESS GATHERINGS AND EDC...

TO PROVIDE CHAMBER MEMBERS THE OPPORTUNITY TO NETWORK USING TOOLS SUCH AS THE MEMBERSHIP DIRECTORY, WEBSITE AND MONTHLY LUNCHEONS BUSINESS AFTER HOURS MIXERS, WOMEN IN BUSINESS GATHERINGS AND EDC SOLUTIONS SERIES BREAKFASTS.

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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 $289,999

Program Service Revenue $127,822

Investment Income $0

Other Revenue $0

TOTAL REVENUE $417,821

Expense Breakdown

Grants Paid $125

Salaries & Benefits $230,653

Fundraising Expenses $0

Program Expenses $281,363

Other Expenses $193,905

TOTAL EXPENSES $424,683

Year-over-Year Comparison

	2024	2023	Change
Revenue	$417,821	$373,984	+0.1%
Expenses	$424,683	$324,329	+0.3%
Net Income	$-6,862	$49,655	-1.1%

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

$77,119

Total Directors

$130,135

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW JACOBER	PAST CHAIR	0.46	Director	$0	$0	$0
SHERELLE WITT	CHAIR	0.46	Director	$0	$0	$0
TIM HOLVERSON	PRESIDENT	50.00	Officer Director	$59,712	$2,247	$61,959
LAURA BLATTER	CEO	50.00	Officer Director	$14,519	$641	$15,160
LAURA FEHR	CHAIR ELECT	0.46	Director	$0	$0	$0
DUSTIN BAKER	EDC CHAIR	0.92	Director	$0	$0	$0
BENJAMIN BRODERICK	TREASURER	0.46	Director	$0	$0	$0
HEATHER CALLAWAY	BOARD MEMBER	0.46	Director	$0	$0	$0
WESTON ELDER	BOARD MEMBER	0.46	Director	$0	$0	$0
SHELLY DORIS MILBURN	INTERIM DIRECTOR & BOARD MEMBER	0.46	Director	$53,016	$0	$53,016
BRIAN GAY	BOARD MEMBER	0.46	Director	$0	$0	$0
KIMBERLY INGALLS	BOARD MEMBER	0.46	Director	$0	$0	$0
ROBERTA ROWLAND	BOARD MEMBER	0.46	Director	$0	$0	$0
MIKE BRUNGARDT	EX-OFFICIO	0.46	Director	$0	$0	$0
ALVIE CATER	EX-OFFICIO	0.46	Director	$0	$0	$0
ELISA WALDMAN	EX-OFFICIO	0.46	Director	$0	$0	$0
SARA RITTER	FORMER EXECUTIVE DIRECTOR	0.00		$26,471	$3,534	$30,005

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	$417,821	$424,683	$309,660	$-6,862
2023	$373,984	$324,329	$244,252	$49,655
2022	$334,164	$316,231	$198,690	$17,933
2021	$308,405	$313,530	$174,444	$-5,125
2020	$280,230	$203,085	$135,706	$77,145
2019	$208,600	$205,419	$63,814	$3,181
2018	$189,369	$183,490	$45,512	$5,879