LONGVIEW AREA CHAMBER EDUCATION FOUNDATION INC (EIN 473465934) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Phone

9032374000

Tax Period

2021-01-01 to 2021-12-31

LONGVIEW AREA CHAMBER EDUCATION FOUNDATION INC, founded in 2016, is a small nonprofit in the Education sector that reported $187K in total revenue in fiscal year 2021. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $224K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE FOUNDATION IS ORGANIZED AND OPERATED TO ACHIEVE CHARITABLE AND EDUCATIONAL INITIATIVES THAT IMPACT COMMUNITY DEVELOPMENT, ECONOMIC DEVELOPMENT, REDEVELOPEMENT, LEADERSHIP DEVELOPMENT AND EDUCATIONAL INITIATIVES IN THE LONGVIEW, TEXAS TRADE AREA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $187,107

Program Service Revenue $0

Investment Income $98

Other Revenue $0

TOTAL REVENUE $187,205

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $153,178

Other Expenses $224,006

TOTAL EXPENSES $224,006

Year-over-Year Comparison

	2021	2020	Change
Revenue	$187,205	$253,104	-0.3%
Expenses	$224,006	$243,964	-0.1%
Net Income	$-36,801	$9,140	-5.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
JOSH BLACK	Director	Director	$0	$0	$0
KEN HALL	Director	Director	$0	$0	$0
RON HUTCHINSON	Secretary Treas	Director	$0	$0	$0
WADE JOHNSON	Director	Director	$0	$0	$0
P ANNE HUGMAN	Director	Director	$0	$0	$0
RUBEN MARTIN	Director	Director	$0	$0	$0
BRAD TIDWELL	Chairman	Director	$0	$0	$0
PEGGY VAUGHAN	Director	Director	$0	$0	$0
LESTER LUCY	Director	Director	$0	$0	$0
RICHARD MANLEY	Director	Director	$0	$0	$0
KELLY HALL	Director	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
2021	$187,205	$224,006	$782,924	$-36,801
2020	$253,104	$243,964	$819,725	$9,140
2019	$677,814	$200,047	$810,584	$477,767
2018	$828,726	$689,866	$712,667	$138,860

LONGVIEW AREA CHAMBER EDUCATION FOUNDATION INC