THE WILKES CHAMBER OF COMMERCE INC (EIN 560482491) - 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

1946

Legal Domicile

Principal Officer

CINDY THOMPSON

Phone

3368388662

Tax Period

2024-07-01 to 2025-06-30

THE WILKES CHAMBER OF COMMERCE INC, founded in 1946, is a small nonprofit that reported $453K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE DEVELOPMENT FOR WILKES 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 (2024)

Revenue Breakdown

Contributions & Grants $202,167

Program Service Revenue $169,608

Investment Income $0

Other Revenue $80,812

TOTAL REVENUE $452,587

Expense Breakdown

Grants Paid $0

Salaries & Benefits $331,974

Fundraising Expenses $0

Other Expenses $139,417

TOTAL EXPENSES $471,391

Year-over-Year Comparison

	2024	2023	Change
Revenue	$452,587	$405,542	+0.1%
Expenses	$471,391	$470,899	+0.0%
Net Income	$-18,804	$-65,357	-0.7%

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

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

$104,419

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA CHEEK	PRESIDENT	40.00	Officer	$69,002	$4,359	$73,361
CINDY THOMPSON	PRESIDENT	40.00	Officer	$31,058	$0	$31,058
SUSAN BACHMEIER	VP WILKES WO	1.00	Officer Director	$0	$0	$0
BOB BALLARD	DIRECTOR	N/A	Director	$0	$0	$0
NATHAN BELL	DIRECTOR	N/A	Director	$0	$0	$0
BRENDA BLAKE	DIRECTOR	N/A	Director	$0	$0	$0
ALICE BLANKENSHIP	ASSISTANT TR	1.00	Officer Director	$0	$0	$0
LAURIE BRINTLE-JARVIS	VP SMALL BUS	1.00	Officer Director	$0	$0	$0
CHAD BROWN	CHAIR 2024	1.00	Officer Director	$0	$0	$0
MARK BYRD	VP EDUCATION	1.00	Officer Director	$0	$0	$0
DOUG COFFEY	DIRECTOR	N/A	Director	$0	$0	$0
JOE CONNELLY	EXECUTIVE CO	N/A	Officer Director	$0	$0	$0
FRED COSTELLO	DIRECTOR	N/A	Director	$0	$0	$0
MEREDITH DETSCH	DIRECTOR	N/A	Director	$0	$0	$0
KEITH DEVERAUX	PAST CHAIR 2	1.00	Officer Director	$0	$0	$0
JESSICA FICKENSCHER	DIRECTOR	N/A	Director	$0	$0	$0
JIMMY FLYTHE	EXECUTIVE CO	1.00	Officer Director	$0	$0	$0
ADAM FOSTER	VP YOUTH LEA	1.00	Officer Director	$0	$0	$0
SHANDA GENTRY	DIRECTOR	N/A	Director	$0	$0	$0
LANDON HOUSE	VP LEADERSHI	1.00	Officer Director	$0	$0	$0
KEITH HUFFMAN	DIRECTOR	N/A	Director	$0	$0	$0
MIKE LIPFORD	DIRECTOR	N/A	Director	$0	$0	$0
ZACH LUFFMAN	DIRECTOR	N/A	Director	$0	$0	$0
JACK LYNCH	TREASURER	1.00	Officer Director	$0	$0	$0
KRISTEN MACEMORE	DIRECTOR	N/A	Director	$0	$0	$0
LORI MCNEIL	CHAD'S ADMIN	1.00	Officer Director	$0	$0	$0
BRADLEY MEADE	DIRECTOR	N/A	Director	$0	$0	$0
ELIZABETH OLIVER	DIRECTOR	N/A	Director	$0	$0	$0
MARTY L ROBERTS	DIRECTOR	N/A	Director	$0	$0	$0
PAUL SALVATORE	DIRECTOR	N/A	Director	$0	$0	$0
TAMMIE SHEPHERD	DIRECTOR	N/A	Director	$0	$0	$0
CHAD TREADWAY	VP MEMBERSHI	1.00	Officer Director	$0	$0	$0
MICK ZULPO	DIRECTOR	N/A	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	$452,587	$471,391	$270,037	$-18,804
2024	$405,542	$470,899	$288,454	$-65,357
2023	$450,214	$435,750	$353,958	$14,464
2022	$431,027	$399,814	$346,787	$31,213
2021	$356,450	$325,798	$366,203	$30,652
2020	$321,504	$312,785	$334,726	$8,719
2019	$356,658	$370,384	$153,616	$-13,726
2018	$353,873	$361,921	$176,232	$-8,048

THE WILKES CHAMBER OF COMMERCE INC