HOLLY SPRINGS CHAMBER OF COMMERCE INC (EIN 561875144) - 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

1995

Legal Domicile

Phone

9195671796

Tax Period

2025-01-01 to 2025-12-31

HOLLY SPRINGS CHAMBER OF COMMERCE INC, founded in 1995, is a small nonprofit in the Community Improvement sector that reported $394K in total revenue in fiscal year 2025. Expenses of $380K left a modest 4% surplus.

Mission

PROVIDE VISIONARY LEADERSHIP TO GROW THE HOLLY SPRINGS BUSINESS COMMUNITY THROUGH ADVOCACY, ENGAGEMENT, AND INNOVATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $228,828

Program Service Revenue $156,347

Investment Income $9,056

Other Revenue $0

TOTAL REVENUE $394,231

Expense Breakdown

Grants Paid $0

Salaries & Benefits $165,812

Fundraising Expenses $74,149

Program Expenses $59,726

Other Expenses $213,981

TOTAL EXPENSES $379,793

Year-over-Year Comparison

	2025	2024	Change
Revenue	$394,231	$386,928	+0.0%
Expenses	$379,793	$389,678	0.0%
Net Income	$14,438	$-2,750	-6.3%

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

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

$88,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONYA PALUMBO	EXECUTIVE DIRECTOR	40.00	Officer Highest	$88,750	$0	$88,750
NASH ATKINS	PAST CHAIR	0.00	Officer	$0	$0	$0
DAVID WHITTINGHAM	CHAIR	0.00	Officer	$0	$0	$0
JEFFREY WEEGAR	TREASURER	0.00	Officer	$0	$0	$0
LASHONZA BROWN	CHAIR ELECT	0.00	Officer	$0	$0	$0
MARK CAMPBELL	SECRETARY	0.00	Officer	$0	$0	$0
MARNI BLYTHE	TREASURER ELECT	0.00	Officer	$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	$394,231	$379,793	$356,377	$14,438
2024	No data	No data	No data	No data
2023	$336,055	$316,401	$333,271	$19,654
2022	$271,326	$210,051	$301,741	$61,275
2021	$207,699	$177,508	$257,363	$30,191
2020	$208,646	$199,218	$224,445	$9,428
2019	$260,147	$240,564	$209,162	$19,583
2018	$314,296	$267,887	$180,792	$46,409

HOLLY SPRINGS CHAMBER OF COMMERCE INC