BLOWING ROCK CHAMBER OF COMMERCE INC (EIN 560144174) - 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

1963

Legal Domicile

Phone

8282957851

Tax Period

2024-01-01 to 2024-12-31

BLOWING ROCK CHAMBER OF COMMERCE INC, founded in 1963, is a small nonprofit that reported $888K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $854K left a modest 4% surplus.

Mission

TO MAINTAIN AND STRENGTHEN A HEALTHY BUSINESS CLIMATE BY SPONSORING PROGRAMS THAT WILL HELP PROVIDE DEVELOPMENT OF ECONOMIC RESOURCES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $837,077

Investment Income $8,424

Other Revenue $42,240

TOTAL REVENUE $887,741

Expense Breakdown

Grants Paid $0

Salaries & Benefits $301,125

Fundraising Expenses $0

Program Expenses $853,594

Other Expenses $552,469

TOTAL EXPENSES $853,594

Year-over-Year Comparison

	2024	2023	Change
Revenue	$887,741	$789,236	+0.1%
Expenses	$853,594	$772,850	+0.1%
Net Income	$34,147	$16,386	+1.1%

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

Employees

Volunteers

100

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

$103,563

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES HARDIN	EXECUTIVE DIRECTOR	40.00	Director Highest	$103,563	$0	$103,563
BILLY CHICK	CHAIRMAN	2.00	Officer Director	$0	$0	$0
SANDRA WILLIAMS	BOARD MEMBER	2.00	Director	$0	$0	$0
KENNETH WEHRMANN	SECRETARY	2.00	Officer Director	$0	$0	$0
TRACY BROWN	BOARD MEMBER	2.00	Director	$0	$0	$0
KIM ROGERS	BOARD MEMBER	2.00	Director	$0	$0	$0
ERIN OHARA	BOARD MEMBER	2.00	Director	$0	$0	$0
CARWFORD CLEVELAND	BOARD MEMBER	2.00	Director	$0	$0	$0
STEVE COHEN	BOARD MEMBER	2.00	Director	$0	$0	$0
ELLEN HARRELL	SECOND VICE CHAIRMAN OF THE BOARD	2.00	Officer Director	$0	$0	$0
TAMMIE HILL	BOARD MEMBER	2.00	Director	$0	$0	$0
ASHLI KEMO	BOARD MEMBER	2.00	Director	$0	$0	$0
STEPHAN DRAGISIC	BOARD MEMBER	2.00	Director	$0	$0	$0
BEN POWELL	TREASURER	2.00	Officer Director	$0	$0	$0
BOBBY POOLE	BOARD MEMBER	2.00	Director	$0	$0	$0
VELDA SHACKLEFORD	IMMEDIATE PAST CHAIR	2.00	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
2024	$887,741	$853,594	$1,211,000	$34,147
2023	$873,615	$799,483	$1,520,512	$74,132
2023	$789,236	$772,850	$1,210,209	$16,386
2022	$765,015	$684,777	$1,363,679	$80,238
2021	$664,436	$552,749	$1,276,045	$111,687
2020	$433,136	$441,166	$1,041,869	$-8,030
2019	$711,140	$739,412	$1,027,941	$-28,272
2018	$652,016	$632,007	$1,055,236	$20,009

BLOWING ROCK CHAMBER OF COMMERCE INC