BURKE COUNTY CHAMBER OF COMMERCE I BURKE COUNTY CHAMBER OF COMMERCE I (EIN 560477413) - 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

1970

Legal Domicile

Principal Officer

DALTON WALTERS

Phone

8284373021

Tax Period

2023-01-01 to 2023-12-31

BURKE COUNTY CHAMBER OF COMMERCE I BURKE COUNTY CHAMBER OF COMMERCE I, founded in 1970, is a small nonprofit that reported $357K in total revenue in fiscal year 2023.

Mission

TO PROMOTE AND ADVANCE COMMERCE IN BURKE COUNTY, NC

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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 (2023)

Revenue Breakdown

Contributions & Grants $255,345

Program Service Revenue $65,682

Investment Income $2,680

Other Revenue $33,490

TOTAL REVENUE $357,197

Expense Breakdown

Grants Paid $0

Salaries & Benefits $217,404

Fundraising Expenses $11,593

Other Expenses $168,387

TOTAL EXPENSES $385,791

Year-over-Year Comparison

	2023	2022	Change
Revenue	$357,197	$336,214	+0.1%
Expenses	$385,791	$307,151	+0.3%
Net Income	$-28,594	$29,063	-2.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARCIA MCCALL	BOARDMEMBER	1.00	Director	$0	$0	$0
JODEE FULTON	BOARDMEMBER	1.00	Director	$0	$0	$0
SHERRY WHISNANT	TREASURER	5.00	Officer	$0	$0	$0
KIM JAMES	BOARDMEMBER	1.00	Director	$0	$0	$0
TAMMY LAIL	BOARDMEMBER	1.00	Director	$0	$0	$0
DR TONYA LITTLE	BOARDMEMBER	1.00	Director	$0	$0	$0
VICTORIA MITCHELL	BOARDMEMBER	1.00	Director	$0	$0	$0
DANETTE BRACKETT	BOARDMEMBER	1.00	Director	$0	$0	$0
ELIAS GOMEZ	BOARDMEMBER	1.00	Director	$0	$0	$0
JOANN LOUCHEZ	BOARDMEMBER	1.00	Director	$0	$0	$0
NICOLE NEUBAUER	VICE CHAIR	2.00	Officer	$0	$0	$0
KEVIN FARRIS	BOARDMEMBER	1.00	Director	$0	$0	$0
CHERYL SHUFFLER	BOARDMEMBER	1.00	Director	$0	$0	$0
MICHAEL WATTS	BOARDMEMBER	1.00	Director	$0	$0	$0
LOUIS VINAY	VICE CHAIR	2.00	Officer	$0	$0	$0
DALTON WALTERS	CHAIR	5.00	Officer	$0	$0	$0
LOGAN SHOOK	BOARDMEMBER	1.00	Director	$0	$0	$0
BRYAN SEARCY	BOARDMEMBER	1.00	Director	$0	$0	$0
SUSAN BERLEY	VICE CHAIR	2.00	Officer	$0	$0	$0
BRANDON OWENS	BOARDMEMBER	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
2024	No data	No data	No data	No data
2023	$357,197	$385,791	$193,999	$-28,594
2022	$336,214	$307,151	$217,016	$29,063
2021	$370,738	$309,738	$264,950	$61,000
2020	$372,074	$322,036	$184,189	$50,038
2019	$317,002	$317,743	$92,249	$-741
2018	$268,084	$273,992	$104,072	$-5,908

BURKE COUNTY CHAMBER OF COMMERCE I BURKE COUNTY CHAMBER OF COMMERCE I