CENTRAL PINELLAS CHAMBER OF COMMERCE (EIN 590703345) - 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

1964

Legal Domicile

Tax Period

2023-10-01 to 2024-09-30

CENTRAL PINELLAS CHAMBER OF COMMERCE, founded in 1964, is a small nonprofit that reported $255K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

PROMOTION AND DEVELOPMENT OF LOCAL BUSINESS

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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 $158,423

Program Service Revenue $74,716

Investment Income $573

Other Revenue $21,190

TOTAL REVENUE $254,902

Expense Breakdown

Grants Paid $0

Salaries & Benefits $191,109

Fundraising Expenses $0

Other Expenses $78,453

TOTAL EXPENSES $269,562

Year-over-Year Comparison

	2023	2022	Change
Revenue	$254,902	$269,353	-0.1%
Expenses	$269,562	$308,543	-0.1%
Net Income	$-14,660	$-39,190	-0.6%

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

$96,637

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM MORRISSETTE	PRESIDENT	40.00	Director Highest	$96,637	$0	$96,637
CHRIS COOK	DIRECTOR	2.00	Director	$0	$0	$0
DANNY LEHAN	DIRECTOR	2.00	Director	$0	$0	$0
LAURIE BUNCE	DIRECTOR	2.00	Director	$0	$0	$0
TRICIA KANE	DIRECTOR	2.00	Director	$0	$0	$0
GAIL HOLDEN	DIRECTOR	2.00	Director	$0	$0	$0
TATHEA HIRSCH	DIRECTOR	2.00	Director	$0	$0	$0
TOM WILSON	DIRECTOR	2.00	Director	$0	$0	$0
NICK FIORENTINO	DIRECTOR	2.00	Director	$0	$0	$0
DAN FLYNN	VICE CHAIR	2.00	Director	$0	$0	$0
MIA CLOUD	PAST CHAIR	2.00	Director	$0	$0	$0
PAMELA VAN SANT	CHAIR	2.00	Director	$0	$0	$0
MELODY HUNTER	VICE CHAIR	2.00	Director	$0	$0	$0
JAKE PROKOP	DIRECTOR	2.00	Director	$0	$0	$0
KAREN GONZALEZ	VICE CHAIR	2.00	Director	$0	$0	$0
JOE PILLIOD	DIRECTOR	2.00	Director	$0	$0	$0
KAY MCKENZIE	DIRECTOR	2.00	Director	$0	$0	$0
RICO ASHLEY	DIRECTOR	2.00	Director	$0	$0	$0
DANIELLE NOBLE	TREASURER	2.00	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	$254,902	$269,562	$118,765	$-14,660
2023	$269,353	$308,543	$130,895	$-39,190
2022	$252,531	$256,013	$171,415	$-3,482
2021	$203,120	$238,696	$207,808	$-35,576
2020	$224,469	$241,555	$205,014	$-17,086
2019	$288,340	$291,484	$146,520	$-3,144
2018	$311,456	$286,156	$149,665	$25,300

CENTRAL PINELLAS CHAMBER OF COMMERCE