CULLMAN AREA CHAMBER FOUNDATION (EIN 474279241) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

JOSH WIGGINS

Phone

2567340454

Tax Period

2024-01-01 to 2024-12-31

CULLMAN AREA CHAMBER FOUNDATION, founded in 2015, is a micro nonprofit in the Community Improvement sector that reported $30K in total revenue in fiscal year 2018. Revenue surged 96787% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24K, a strong 81% operating margin.

Mission

AID AND ASSIST CHAMBER OF COMMERCE

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $4,990

TOTAL EXPENSES $4,990

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	$3,000	-1.0%
Expenses	$4,990	$2,474	+1.0%
Net Income	N/A	$526	N/A

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSH WIGGINS	PRESIDENT	1.00	Director	$0	$0	$0
BILLY TROUTMAN	VICE PRESIDENT	1.00	Director	$0	$0	$0
CHARLIE NESMITH	TREASURER	1.00	Director	$0	$0	$0
JOEY ORR	SECRETARY	1.00	Director	$0	$0	$0
BEN HARRISON	MEMBER AT LARGE	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
2025	No data	No data	No data	No data
2024	No data	$4,990	$4,323	No data
2023	$3,000	$2,474	$9,288	$526
2022	No data	$11,629	$12,864	No data
2021	No data	$3,724	$23,468	No data
2020	$8	$5,855	$24,090	$-5,847
2019	$30,000	$29,117	$29,937	$883
2018	$30,035	$5,623	$53,957	$24,412

CULLMAN AREA CHAMBER FOUNDATION