Chilhowie, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Chamber of Commerce of Smyth County, founded in 1981, is a small nonprofit that reported $221K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $252K exceeded revenue, resulting in a 14% operating deficit.
The Chamber serves as an information tool for county visitors and businesses wishing to locate in the area. The Chamber also fosters interaction amoung the local businesses by sponsoring social events and fundraising activities.
The mission of the Chamber of Commerce of Smyth County Inc, is to become an exemplary force, partner & resource in conscientious economic & community-wide planning, advancement & sustainability...
The mission of the Chamber of Commerce of Smyth County Inc, is to become an exemplary force, partner & resource in conscientious economic & community-wide planning, advancement & sustainability, workforce & civic leadership training, recruitment & development; and countywide collaborative partnership initiatives
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $221,475 | $335,571 | -0.3% |
| Expenses | $251,804 | $290,497 | -0.1% |
| Net Income | $-30,329 | $45,074 | -1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jackie Branson | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Tammy Carter | Secretary | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dale Clark | President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Avery Cornett | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Wendi Hurd | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Marcus Lomans | Treasurer | 0.00 |
Officer
Director
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$0 | $0 | $0 |
| Kelly Russell | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Julie Sturgill | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Mike Sturgill | President Elect | 0.00 |
Officer
Director
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$0 | $0 | $0 |
| Shawn Utt | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Kimberly Williams | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Sarah Gillespie | Executive Director | 40.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $221,475 | $251,804 | $47,581 | $-30,329 |
| 2023 | $335,571 | $290,497 | $77,499 | $45,074 |
Compare Chamber of Commerce of Smyth County with other nonprofits in Virginia and across the country.