KEARNEY AREA CHAMBER OF COMMERCE (EIN 470208070) - 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

1919

Legal Domicile

Principal Officer

STACY BIVONA

Phone

3082373101

Tax Period

2024-01-01 to 2024-12-31

KEARNEY AREA CHAMBER OF COMMERCE, founded in 1919, is a small nonprofit that reported $821K in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $1.6M exceeded revenue, resulting in a 101% operating deficit.

Mission

LOCAL AREA CHAMBER OF COMMERCE

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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 $0

Program Service Revenue $672,457

Investment Income $80,920

Other Revenue $67,171

TOTAL REVENUE $820,548

Expense Breakdown

Grants Paid $0

Salaries & Benefits $312,287

Fundraising Expenses $0

Program Expenses $454,940

Other Expenses $1,336,668

TOTAL EXPENSES $1,648,955

Year-over-Year Comparison

	2024	2023	Change
Revenue	$820,548	$1,929,021	-0.6%
Expenses	$1,648,955	$835,058	+1.0%
Net Income	$-828,407	$1,093,963	-1.8%

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

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

$101,862

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STACY BIVONA	CHAIRMAN	5.00	Officer Director	$0	$0	$0
LAURIE WIDDOWSON	VICE CHAIRMAN	5.00	Officer Director	$0	$0	$0
NATHAN DORSEY	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
ALEX STRAATMANN	BOARD MEMBER	5.00	Director	$0	$0	$0
TAWNIA WOOD	BOARD MEMBER	5.00	Director	$0	$0	$0
SCOTT EHMKE	BOARD MEMBER	5.00	Director	$0	$0	$0
KRYSTLE BUNTEMEYER	BOARD MEMBER	5.00	Director	$0	$0	$0
ADAM AKERSON	BOARD MEMBER	5.00	Director	$0	$0	$0
KELLY CHRISTENSEN	BOARD MEMBER	5.00	Director	$0	$0	$0
JOSH FOLLMER	BOARD MEMBER	5.00	Director	$0	$0	$0
KELLI HOLL	BOARD MEMBER	5.00	Director	$0	$0	$0
JEREMY SEDLACEK	BOARD MEMBER	5.00	Director	$0	$0	$0
DEREK RUSHER	PRESIDENT	50.00	Officer	$101,862	$0	$101,862

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	$820,548	$1,648,955	$922,087	$-828,407
2023	$1,929,021	$835,058	$1,750,494	$1,093,963
2022	$680,369	$632,714	$1,531,135	$47,655
2021	$732,262	$560,696	$1,436,286	$171,566
2020	$871,717	$770,085	$1,330,078	$101,632
2019	$647,845	$633,623	$1,258,792	$14,222
2018	$625,488	$565,693	$1,229,936	$59,795

KEARNEY AREA CHAMBER OF COMMERCE