BELHAVEN COMMUNITY CHAMBER COMMERCE INC (EIN 581120024) - 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

1952

Legal Domicile

Principal Officer

CAROL ROOP

Phone

2529433770

Tax Period

2023-07-01 to 2024-06-30

BELHAVEN COMMUNITY CHAMBER COMMERCE INC, founded in 1952, is a small nonprofit in the Community Improvement sector that reported $158K in total revenue in fiscal year 2023. Revenue surged 192% from the prior year, signaling strong growth momentum. The organization ran a surplus of $79K, a strong 50% operating margin.

Mission

LOCAL ORGANIZATION THAT SEEKS TO PROMOTE AND ADVANCE THE GOALS AND INTERESTS OF BUSINESS OWNERS IN THE BELHAVEN 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 (2023)

Revenue Breakdown

Contributions & Grants $25,093

Program Service Revenue $17,315

Investment Income $76,944

Other Revenue $38,923

TOTAL REVENUE $158,275

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,865

Fundraising Expenses $0

Program Expenses $40,255

Other Expenses $50,957

TOTAL EXPENSES $78,822

Year-over-Year Comparison

	2023	2022	Change
Revenue	$158,275	$54,177	+1.9%
Expenses	$78,822	$27,588	+1.9%
Net Income	$79,453	$26,589	+2.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK GNAGY	PRESIDENT	1.00	Director	$0	$0	$0
BOB WATSON	TREASURER EX OFFICIO	2.00	Director	$0	$0	$0
MILDRED BOWMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ELAINE HUDNELL	BOARD MEMBER	1.00	Director	$0	$0	$0
ALAN JONES	BOARD MEMBER	1.00	Director	$0	$0	$0
DAWSON TYLER	BOARD MEMBER	1.00	Director	$0	$0	$0
BOBBIE JO RICKS	BOARD MEMBER	1.00	Director	$0	$0	$0
CASSANDRA EIBLE	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROL ROOP	EXECUTIVE DIRECTOR	30.00	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	$158,275	$78,822	$168,010	$79,453

BELHAVEN COMMUNITY CHAMBER COMMERCE INC