ROANOKE VALLEY CHAMBER OF COMMERCE INC (EIN 560523050) - 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

1956

Legal Domicile

Principal Officer

CHARLES GUERRY

Phone

2525373513

Tax Period

2020-01-01 to 2020-12-31

ROANOKE VALLEY CHAMBER OF COMMERCE INC, founded in 1956, is a micro nonprofit that reported $115K in total revenue in fiscal year 2020. Revenue fell 178% from the prior year — a significant decline worth monitoring.

Mission

TO PROMOTE THE BUSINESS, INDUSTRIAL, AND ECONOMIC DEVELOPMENT OF THE ROANOKE VALLEY.

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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 (2020)

Revenue Breakdown

Contributions & Grants $68,226

Program Service Revenue $77,014

Investment Income $-259,872

Other Revenue $58

TOTAL REVENUE $-114,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,656

Fundraising Expenses $0

Program Expenses $4,332

Other Expenses $46,670

TOTAL EXPENSES $136,326

Year-over-Year Comparison

	2020	2019	Change
Revenue	$-114,574	$146,985	-1.8%
Expenses	$136,326	$134,081	+0.0%
Net Income	$-250,900	$12,904	-20.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT CAUDLE	Chairman	3.00	Officer Director	$0	$0	$0
DR MICHAEL ELAM	VICE-CHAIRMAN	3.00	Officer Director	$0	$0	$0
BETTY HARRIS	Director	3.00	Director	$0	$0	$0
CRYLSTAL LYONS	Director	3.00	Director	$0	$0	$0
DONNA HAMMOACK	Treasurer	3.00	Officer Director	$0	$0	$0
DR ERIC CUNNINGHAM	Director	3.00	Director	$0	$0	$0
GAIL WALKER	Director	3.00	Director	$0	$0	$0
JASON YEATTS	Director	3.00	Director	$0	$0	$0
JOHN CARVER	Director	3.00	Director	$0	$0	$0
LATARRIE MOODY	Director	3.00	Director	$0	$0	$0
LISA SYKES	Secretary	3.00	Officer Director	$0	$0	$0
MAUREEN BARCELO	Director	3.00	Director	$0	$0	$0
JULIE ALSTON	Director	3.00	Director	$0	$0	$0
KAREN HALL	Director	3.00	Director	$0	$0	$0
TAYLOR HAWKINS	Director	3.00	Director	$0	$0	$0
MOZINE LOWE	Director	3.00	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
2020	$-114,574	$136,326	$158,147	$-250,900
2019	$146,985	$134,081	$505,133	$12,904
2018	$159,749	$133,031	$510,831	$26,718

ROANOKE VALLEY CHAMBER OF COMMERCE INC