ANGIER CHAMBER OF COMMERCE (EIN 560632668) - 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

SHELBY BLACKMON

Phone

9196392500

Tax Period

2023-01-01 to 2023-12-31

ANGIER CHAMBER OF COMMERCE, founded in 1956, is a small nonprofit in the Community Improvement sector that reported $430K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $100K, a strong 23% operating margin.

Mission

THE ANGIER CHAMBER'S MISSION IS TO DISCOVER AND ADVANCE THE INTEREST OF ITS MEMBERS; WORK WITH THE AREA LEADERS TO BUILD A VISION FOR THE FUTURE; PROMOTE ECONOMIC GROWTH IN BUSINESS AND INDUSTRY; IMPROVE THE QUALITY OF COMMUNITY LIFE AND PROMOTE MORAL AND ETHICAL PRACTICES.

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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 $47,112

Program Service Revenue $371,218

Investment Income $5,987

Other Revenue $5,321

TOTAL REVENUE $429,638

Expense Breakdown

Grants Paid $0

Salaries & Benefits $249,499

Fundraising Expenses $1,662

Other Expenses $80,266

TOTAL EXPENSES $329,765

Year-over-Year Comparison

	2023	2022	Change
Revenue	$429,638	$350,840	+0.2%
Expenses	$329,765	$272,213	+0.2%
Net Income	$99,873	$78,627	+0.3%

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

$51,621

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHELBY BLACKMON	EXECUTIVE DI	40.00	Director	$50,140	$1,481	$51,621
ADDISON ALLGOOD	PRESIDENT	N/A	Officer	$0	$0	$0
TIM THOMPSON	VICE PRESIDE	N/A	Officer	$0	$0	$0
JOE LANGLEY	TREASURER	N/A	Officer	$0	$0	$0
KIM LAMBERT	SECRETARY	N/A	Officer	$0	$0	$0
RICK GUTIERREZ	BOARD MEMBER	N/A	Director	$0	$0	$0
THOMAS WILSON	BOARD MEMBER	N/A	Director	$0	$0	$0
JASON WILLIAMS	BOARD MEMBER	N/A	Director	$0	$0	$0
DEBBIE FERRELL CANN	BOARD MEMBER	N/A	Director	$0	$0	$0
SHEVEIL HARMON	BOARD MEMBER	N/A	Director	$0	$0	$0
RANDY YOST	BOARD MEMBER	N/A	Director	$0	$0	$0
DIANA LISCHIN	BOARD MEMBER	N/A	Director	$0	$0	$0
SAM GREGORY	BOARD MEMBER	N/A	Director	$0	$0	$0
WARREN ADAMS	BOARD MEMBER	N/A	Director	$0	$0	$0
ALEXA WITTINGTON	BOARD MEMBER	N/A	Director	$0	$0	$0
KIM CAUSER	BOARD MEMBER	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
2024	No data	No data	No data	No data
2023	$429,638	$329,765	$711,335	$99,873
2022	$350,840	$272,213	$673,925	$78,627
2021	$326,658	$281,227	$650,301	$45,431
2020	$265,057	$270,758	$184,862	$-5,701
2018	$291,402	$288,868	$148,111	$2,534

ANGIER CHAMBER OF COMMERCE