PENSACOLA BAY AREA CHAMBER OF COMMERCE INC

EIN: 590190330

PENSACOLA, FL

Total Revenue
$931,350
Total Expenses
$866,968
Total Assets
$816,572
Net Assets
$561,839
🔒

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
1992
Legal Domicile
FL
Principal Officer
TODD THOMSON
Phone
8504384081
Tax Period
2023-10-01 to 2024-09-30

PENSACOLA BAY AREA CHAMBER OF COMMERCE INC, founded in 1992, is a small nonprofit that reported $931K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $867K left a modest 7% surplus.

Mission

TO BE A CATALYST FOR POSITIVE AND CREATIVE ACTION IN THE PURSUIT OF EXCELLENCE FOR THE PENSACOLA BUSINESS COMMUNITY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $541,672
Program Service Revenue $370,038
Investment Income $11,602
Other Revenue $8,038
TOTAL REVENUE $931,350

Expense Breakdown

Grants Paid $0
Salaries & Benefits $439,340
Fundraising Expenses $0
Program Expenses $866,968
Other Expenses $427,628
TOTAL EXPENSES $866,968

Year-over-Year Comparison

2023 2022 Change
Revenue $931,350 $860,062 +0.1%
Expenses $866,968 $828,190 +0.0%
Net Income $64,382 $31,872 +1.0%
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
18
Independent Members
18
Employees
7
Volunteers
150

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
5
$121,450
Total Directors
19
$121,450
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TODD THOMSON PRESIDENT 40.00
Officer Director
$104,042 $17,408 $121,450
DAVID DELIMAN CHAIR 1.00
Officer Director
$0 $0 $0
ILDI HOSMAN VICE CHAIR 1.00
Officer Director
$0 $0 $0
LLOYD RESHARD SECRETARY 1.00
Officer Director
$0 $0 $0
DOUG REHM TREASURER 1.00
Officer Director
$0 $0 $0
STEVE MOORHEAD MEMBER 1.00
Director
$0 $0 $0
ROBERT BARNES MEMBER 1.00
Director
$0 $0 $0
DAVE HOXENG MEMBER 1.00
Director
$0 $0 $0
DR ED MEADOWS MEMBER 1.00
Director
$0 $0 $0
RADM DON QUINN MEMBER 1.00
Director
$0 $0 $0
KC GARTMAN MEMBER 1.00
Director
$0 $0 $0
RICK BYARS MEMBER 1.00
Director
$0 $0 $0
ADRIENNE MAYGARDEN MEMBER 1.00
Director
$0 $0 $0
JORDAN CONTI MEMBER 1.00
Director
$0 $0 $0
MICHAEL TONA MEMBER 1.00
Director
$0 $0 $0
DR LUSHARON WILEY MEMBER 1.00
Director
$0 $0 $0
DR MARCUS MCBRIDE MEMBER 1.00
Director
$0 $0 $0
RON SCHIER MEMBER 1.00
Director
$0 $0 $0
DR MARTHA SAUNDERS MEMBER 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 $931,350 $866,968 $816,572 $64,382
2023 $860,062 $828,190 $802,370 $31,872
2022 $729,138 $947,188 $660,565 $-218,050
2021 $806,033 $1,001,897 $870,733 $-195,864
2020 $334,076 $1,121,608 $1,027,541 $-787,532
2019 $1,000,197 $1,148,053 $1,838,904 $-147,856
2018 $1,546,650 $1,276,070 $2,038,052 $270,580
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PENSACOLA BAY AREA CHAMBER OF COMMERCE INC with other nonprofits in Florida and across the country.