BOCA GRANDE AREA CHAMBER OF COMMER… - Form 990 Financial Data

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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

1980

Legal Domicile

Principal Officer

CANNON WENZEL

Phone

9419640568

Tax Period

2025-01-01 to 2025-12-31

BOCA GRANDE AREA CHAMBER OF COMMERCE, founded in 1980, is a small nonprofit that reported $397K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $372K left a modest 6% surplus.

Mission

TO STRENGHTHEN THE ECONOMIC BASE OF THE BOCA GRANDE COMMUNITY AREA

Program Service Accomplishments

Program 1

Expenses: $332,607 Revenue: $369,396

STRENGHTHEN THE ECONOMIC BASE OF THE BOCA GRANDE COMMUNITY AREA BY PROMOTING AND MANAGING MULTIPLE EVENTS INCLUDING THE WORLDS RICHEST TARPON TOURNAMENT, LADIES DAYFISHING TOURNAMENT AND GOLFING...

STRENGHTHEN THE ECONOMIC BASE OF THE BOCA GRANDE COMMUNITY AREA BY PROMOTING AND MANAGING MULTIPLE EVENTS INCLUDING THE WORLDS RICHEST TARPON TOURNAMENT, LADIES DAYFISHING TOURNAMENT AND GOLFING EVENTS. THESE ACTIVITIES BRING VISITORS TO THE BOCA GRANDE AREA AND CREATE A SUBSTANTIAL BOOST TO THE LOCAL ECONOMY AS WELL AS RAISE AWARENESS OF OUR WATER RESOURSES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $27,346

Program Service Revenue $369,396

Investment Income $0

Other Revenue $0

TOTAL REVENUE $396,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $63,484

Fundraising Expenses $0

Program Expenses $332,607

Other Expenses $308,821

TOTAL EXPENSES $372,305

Year-over-Year Comparison

	2025	2024	Change
Revenue	$396,742	$353,113	+0.1%
Expenses	$372,305	$345,787	+0.1%
Net Income	$24,437	$7,326	+2.3%

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
DEWEY ATCHINSON	DIRECTOR	5.00	Director	$0	$0	$0
KALEE JOINER	DIRECTOR	5.00	Director	$0	$0	$0
SHAWNA WAGAR	DIRECTOR	5.00	Director	$0	$0	$0
LINDA FUGITT	DIRECTOR	5.00	Director	$0	$0	$0
MICHELLE FINLEY	DIRECTOR	5.00	Director	$0	$0	$0
GARY CROSS	EXECUTIVE DIRECTOR	40.00	Highest	$0	$0	$0
GRETCHEN HOLLA	TREASURER	5.00	Officer	$0	$0	$0
CANNON WENZEL	PRESIDENT	5.00	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	$396,742	$372,305	$11,871	$24,437
2024	$353,113	$345,787	$16,369	$7,326
2023	$282,017	$284,967	$12,533	$-2,950
2022	$234,924	$254,554	$15,590	$-19,630
2021	$272,085	$268,601	$25,082	$3,484
2018	$313,248	$303,318	$44,110	$9,930

BOCA GRANDE AREA CHAMBER OF COMMERCE