APEX CHAMBER OF COMMERCE (EIN 560746234) - 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

1958

Legal Domicile

Principal Officer

David Bohm

Phone

9193626456

Tax Period

2024-10-01 to 2025-09-30

APEX CHAMBER OF COMMERCE, founded in 1958, is a small nonprofit in the Community Improvement sector that reported $400K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $346K left a modest 14% surplus.

Mission

The mission of the Apex Chamber of Commerce is to engage businesses to improve economic vitality and quality of life of the Apex community.

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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 $384,635

Program Service Revenue $0

Investment Income $15,269

Other Revenue $0

TOTAL REVENUE $399,904

Expense Breakdown

Grants Paid $0

Salaries & Benefits $199,091

Fundraising Expenses $0

Program Expenses $168,534

Other Expenses $146,816

TOTAL EXPENSES $345,907

Year-over-Year Comparison

	2024	2023	Change
Revenue	$399,904	$312,556	+0.3%
Expenses	$345,907	$278,180	+0.2%
Net Income	$53,997	$34,376	+0.6%

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
Tim Brent	Board Member	0	Director	$0	$0	$0
Cheryl Byrne	Board member	0	Director	$0	$0	$0
Jeff Hastings	Board member	0	Director	$0	$0	$0
Louanne Caspar	Board member	0	Director	$0	$0	$0
Kelli Jarman Bass	Board Member	0	Director	$0	$0	$0
Bekki Bennett	Board Member	0	Director	$0	$0	$0
Melissa Ragan	Board Member	0	Director	$0	$0	$0
Skeet Woolard	Immediate Past Chair	0	Director	$0	$0	$0
Sean Hayes	Chair	0	Director	$0	$0	$0
Maria Litzinger	Vice Chair	0	Director	$0	$0	$0
Karen Atiles	Secretary	0	Director	$0	$0	$0
David Bohm	Executive Director	40	Officer Director	$0	$0	$0
Todd Neal	Treasurer	0	Director	$0	$0	$0
Christopher Goins	Board Member	0	Director	$0	$0	$0
Morgen McVane	Board Member	0	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	$399,904	$345,907	$532,362	$53,997
2024	$312,556	$278,180	$432,800	$34,376
2023	$255,959	$242,959	$330,108	$13,000
2018	$286,453	$282,641	$268,972	$3,812

APEX CHAMBER OF COMMERCE