CHAMBER OF COMMERCE

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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

1948

Legal Domicile

Principal Officer

WALLY CACHRO

Phone

6057454140

Tax Period

2023-01-01 to 2023-12-31

CHAMBER OF COMMERCE, founded in 1948, is a small nonprofit that reported $320K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $53K, a strong 16% operating margin.

Mission

PROMOTION OF THE HOT SPRINGS, SD AREA FOR TOURISM AND BUSINESS GROWTH FOR THE BENEFIT OF THE ENTIRE COMMUNITY

Program Service Accomplishments

Program 1

PROMOTION OF THE HOT SPRINGS, SD AREA FOR TOURISM AND BUSINESS GROWTH FOR THE BENEFIT OF THE ENTIRE COMMUNITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $35,457

Program Service Revenue $284,049

Investment Income $338

Other Revenue $13

TOTAL REVENUE $319,857

Expense Breakdown

Grants Paid $3,600

Salaries & Benefits $113,447

Fundraising Expenses $0

Other Expenses $150,247

TOTAL EXPENSES $267,294

Year-over-Year Comparison

	2023	2022	Change
Revenue	$319,857	$291,762	+0.1%
Expenses	$267,294	$297,431	-0.1%
Net Income	$52,563	$-5,669	-10.3%

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

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
WALLY CACHRO	PRSIDENT	1.00	Officer	$0	$0	$0
RANDELL MEYERS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
KRIS HANSON	SECRETARY	1.00	Officer	$0	$0	$0
PRESSTON GABLE	TREASURER	1.00	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
2024	No data	No data	No data	No data
2023	$319,857	$267,294	$125,047	$52,563
2022	$291,762	$297,431	$80,648	$-5,669
2021	$269,749	$261,751	$90,686	$7,998
2020	$252,032	$223,895	$66,823	$28,137
2019	$261,979	$286,574	$44,044	$-24,595
2018	$249,608	$241,824	$45,395	$7,784