SEMINOLE COUNTY CHAMBER OF COMMERCE

EIN: 580868678

DONALSONVILLE, GA

Total Revenue
$229,700
Total Expenses
$243,871
Total Assets
$153,449
Net Assets
$48,368
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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
1986
Legal Domicile
GA
Principal Officer
SARAH AVERY
Phone
2295242588
Tax Period
2023-01-01 to 2023-12-31

SEMINOLE COUNTY CHAMBER OF COMMERCE, founded in 1986, is a small nonprofit that reported $230K in total revenue in fiscal year 2023.

Mission

TO PROMOTE ECONOMIC DEVELOPMENT FOR SURROUNDING AREA.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $229,751
Investment Income $744
Other Revenue $-795
TOTAL REVENUE $229,700

Expense Breakdown

Grants Paid $0
Salaries & Benefits $78,906
Fundraising Expenses $0
Program Expenses $114,284
Other Expenses $164,965
TOTAL EXPENSES $243,871

Year-over-Year Comparison

2023 2022 Change
Revenue $229,700 N/A N/A
Expenses $243,871 N/A N/A
Net Income $-14,171 N/A N/A
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

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Governance

Voting Members
12
Independent Members
12
Employees
2
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
1
$42,407
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH AVERY PRESIDENT 40.00
Officer
$42,407 $0 $42,407
THOMAS GOODWIN VICE CHAIR 1.00
Director
$0 $0 $0
LATOYA FENNELL TREASURER 1.00
Director
$0 $0 $0
DAVID MAXWELL CHAIRMAN OF 1.00
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
2024 No data No data No data No data
2023 $229,700 $243,871 $153,449 $-14,171
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