SIMPSONVILLE AREA CHAMBER OF COMMER

EIN: 570705356 Community Improvement

SIMPSONVILLE, SC

Total Revenue
$327,709
Total Expenses
$292,225
Total Assets
$154,142
Net Assets
$154,142
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
SC
Principal Officer
TAFT OSBORNE
Phone
8649633781
Tax Period
2024-01-01 to 2024-12-31

SIMPSONVILLE AREA CHAMBER OF COMMER, founded in 1980, is a small nonprofit in the Community Improvement sector that reported $328K in total revenue in fiscal year 2024. Expenses of $292K left a modest 11% surplus.

Mission

PROMOTION OF THE SIMPSONVILLE AREA

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $205,392
Program Service Revenue $45,198
Investment Income $4,543
Other Revenue $72,576
TOTAL REVENUE $327,709

Expense Breakdown

Grants Paid $0
Salaries & Benefits $145,504
Fundraising Expenses $0
Program Expenses $274,971
Other Expenses $146,721
TOTAL EXPENSES $292,225

Year-over-Year Comparison

2024 2023 Change
Revenue $327,709 $306,389 +0.1%
Expenses $292,225 $264,011 +0.1%
Net Income $35,484 $42,378 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
4
Volunteers
90

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BROOKS DERRICK PAST CHAIRMA 2.00
Officer Director
$0 $0 $0
JASON KLUE CHAIRMAN ELE 2.00
Officer Director
$0 $0 $0
TAFT OSBORNE CHAIRMAN 5.00
Officer Director
$0 $0 $0
JOSH WISEMAN TREASURER 2.00
Officer 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 No data No data No data No data
2024 $327,709 $292,225 $154,142 $35,484
2023 $306,389 $264,011 $107,299 $42,378
2022 $314,545 $297,536 $64,921 $17,009
2021 $203,821 $203,444 $47,912 $377
2020 $154,043 $159,522 $53,836 $-5,479
Explore More Nonprofits
→Top 100 Nonprofits in South Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SIMPSONVILLE AREA CHAMBER OF COMMER with other nonprofits in South Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.