THE CAPITAL CITY CHAMBER OF COMMERCE

EIN: 593318325 501(c)(3) Community Improvement

Tallahassee, FL

Total Revenue
$257,365
Total Expenses
$299,007
Total Assets
$47,909
Net Assets
$47,909
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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
1994
Legal Domicile
FL
Principal Officer
Katrina Tuggerson
Phone
8505905420
Tax Period
2024-01-01 to 2024-12-31

THE CAPITAL CITY CHAMBER OF COMMERCE, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $257K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $299K exceeded revenue, resulting in a 16% operating deficit.

Mission

The Chamber of Commerce is to help small businesses in Tallahassee FL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $257,365
TOTAL REVENUE $257,365

Expense Breakdown

Grants Paid $0
Salaries & Benefits $44,532
Fundraising Expenses $0
Other Expenses $254,475
TOTAL EXPENSES $299,007

Year-over-Year Comparison

2024 2023 Change
Revenue $257,365 $237,839 +0.1%
Expenses $299,007 $158,058 +0.9%
Net Income $-41,642 $79,781 -1.5%
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
4
Independent Members
N/A
Employees
2
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terrence R Hinson Director 005.00
Director
$0 $0 $0
Frank W Williams Director 005.00
Director
$0 $0 $0
Peter Okwonko Director 005.00
Director
$0 $0 $0
Katrina Tuggerson Chairperson 005.00
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 $257,365 $299,007 $47,909 $-41,642
2023 $237,839 $158,058 $89,551 $79,781
2022 $95,212 $85,600 $30,968 $9,612
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