WALTON COUNTY CHAMBER OF COMMERCE FOUNDATION INC

EIN: 593582774 501(c)(3) Education

SANTA ROSA BEACH, FL

Total Revenue
$86,166
Total Expenses
$113,424
Total Assets
$380,542
Net Assets
$133,935
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
FL
Principal Officer
MEGAN HARRISON
Phone
8502670683
Tax Period
2024-01-01 to 2024-12-31

WALTON COUNTY CHAMBER OF COMMERCE FOUNDATION INC, founded in 1985, is a micro nonprofit in the Education sector that reported $86K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $113K exceeded revenue, resulting in a 32% operating deficit.

Mission

TO SUPPORT THE WALTON AREA CHAMBER OF COMMERCE STRATEGIC DIRECTION THROUGH OUR EDUCATIONAL AND CHARITABLE PROGRAMS THAT STRENGTHEN THE BUSINESS CLIMATE FOR THE WALTON COUNTY REGION.

Program Service Accomplishments

Program 1
Expenses: $37,526

TO RAISE MONEY FOR EDUCATION AND CHILDREN IN NEED

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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 $30,648
Program Service Revenue $29,368
Investment Income $0
Other Revenue $26,150
TOTAL REVENUE $86,166

Expense Breakdown

Grants Paid $0
Salaries & Benefits $30,984
Fundraising Expenses $0
Program Expenses $37,526
Other Expenses $82,440
TOTAL EXPENSES $113,424

Year-over-Year Comparison

2024 2023 Change
Revenue $86,166 $95,929 -0.1%
Expenses $113,424 $99,402 +0.1%
Net Income $-27,258 $-3,473 +6.8%
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

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Governance

Voting Members
23
Independent Members
18
Employees
N/A
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
5
$112,199
Total Directors
24
$112,199
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGAN HARRISON PRESIDENT/CEO/SECRETARY 1.00
Officer Director
$0 $0 $112,199
LANE REDDING INCOMING CHAIR 0.10
Officer Director
$0 $0 $0
KAREN MORRIS DIRECTOR 0.10
Director
$0 $0 $0
BILL BLANKEN DIRECTOR 0.10
Director
$0 $0 $0
MIKE STOREY CHAIR 0.10
Officer Director
$0 $0 $0
CHELSEA BLAICH DIRECTOR 0.10
Director
$0 $0 $0
TREY ABSHIER DIRECTOR 0.10
Director
$0 $0 $0
KIM MCINTOSH DIRECTOR 0.10
Director
$0 $0 $0
MATTHEW CARR PAST CHAIR 0.10
Officer Director
$0 $0 $0
CATHERINE MCCLOY DIRECTOR 0.10
Director
$0 $0 $0
CARLY BARNES DIRECTOR 0.10
Director
$0 $0 $0
MARK WENDEL DIRECTOR 0.10
Director
$0 $0 $0
AMANDA FERGUSON DIRECTOR 0.10
Director
$0 $0 $0
KELLY JASEN DIRECTOR 0.10
Director
$0 $0 $0
COLLIN MCCALL DIRECTOR 0.10
Director
$0 $0 $0
RUSSELL HUGHES DIRECTOR 0.10
Director
$0 $0 $0
CATHERINE MORGAN DIRECTOR 0.10
Director
$0 $0 $0
RYAN CRAWFORD DIRECTOR 0.10
Director
$0 $0 $0
GINNY RICHERSON DIRECTOR 0.10
Director
$0 $0 $0
CHRIS STOWERS DIRECTOR 0.10
Director
$0 $0 $0
CHRISTINE SUTHERLIN LADWIG DIRECTOR 0.10
Director
$0 $0 $0
TIM PARSON DIRECTOR 0.10
Director
$0 $0 $0
ROBERT HAHN TREASURER 0.10
Officer Director
$0 $0 $0
URIAH MATTHEWS DIRECTOR 0.10
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 $86,166 $113,424 $380,542 $-27,258
2023 $95,929 $99,402 $391,822 $-3,473
2022 $134,351 $95,803 $380,136 $38,548
2021 $120,701 $116,388 $397,704 $4,313
2020 $102,193 $132,000 $445,210 $-29,807
2019 $97,382 $67,092 $447,842 $30,290
2018 $92,379 $101,935 $437,671 $-9,556
2018 $89,914 $101,935 $435,206 $-12,021
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