MADISON-MORGAN COUNTY CHAMBER OF COMMERCE INC

EIN: 581538186

MADISON, GA

Total Revenue
$208,803
Total Expenses
$197,654
Total Assets
$118,854
Net Assets
$70,772
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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
1954
Legal Domicile
GA
Principal Officer
SHEY DANIEL
Phone
7064383120
Tax Period
2023-07-01 to 2024-06-30

MADISON-MORGAN COUNTY CHAMBER OF COMMERCE INC, founded in 1954, is a small nonprofit that reported $209K in total revenue in fiscal year 2023. Expenses of $198K left a modest 5% surplus.

Mission

TO PROMOTE TOTAL ECONOMIC DEVELOPMENT OF THE MADISON-MORGAN COUNTY TRADE 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 $95,861
Program Service Revenue $112,592
Investment Income $350
Other Revenue $0
TOTAL REVENUE $208,803

Expense Breakdown

Grants Paid $0
Salaries & Benefits $122,120
Fundraising Expenses $0
Program Expenses $96,564
Other Expenses $75,534
TOTAL EXPENSES $197,654

Year-over-Year Comparison

2023 2022 Change
Revenue $208,803 $195,317 +0.1%
Expenses $197,654 $199,210 0.0%
Net Income $11,149 $-3,893 -3.9%
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
10
Independent Members
10
Employees
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NELSON HALE CHAIR ELECT N/A
Officer
$0 $0 $0
ALAN LUDLOW PAST CHAIR N/A
Officer
$0 $0 $0
ESTHER PETERS CHAIR N/A
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 No data No data No data No data
2024 $208,803 $197,654 $118,854 $11,149
2023 $195,317 $199,210 $99,422 $-3,893
2022 $222,036 $207,044 $99,622 $14,992
2021 $165,311 $181,818 $79,681 $-16,507
2020 $177,344 $185,316 $91,696 $-7,972
2019 $189,293 $184,254 $82,931 $5,039
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