JESSAMINE COUNTY CHAMBER OF COMMERCE INC (EIN 610515658) - 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

1984

Legal Domicile

Principal Officer

RONDA MAY

Phone

8598874351

Tax Period

2023-01-01 to 2023-12-31

JESSAMINE COUNTY CHAMBER OF COMMERCE INC, founded in 1984, is a small nonprofit that reported $283K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $258K left a modest 9% surplus.

Mission

PROMOTING LOCAL BUSINESSES

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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 $101,880

Program Service Revenue $178,426

Investment Income $338

Other Revenue $2,078

TOTAL REVENUE $282,722

Expense Breakdown

Grants Paid $0

Salaries & Benefits $96,333

Fundraising Expenses $0

Other Expenses $161,527

TOTAL EXPENSES $257,860

Year-over-Year Comparison

	2023	2022	Change
Revenue	$282,722	$211,778	+0.3%
Expenses	$257,860	$212,856	+0.2%
Net Income	$24,862	$-1,078	-24.1%

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

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

$56,477

Total Directors

$56,477

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONDA MAY	EXECUTIVE DI	40.00	Officer Director	$56,477	$0	$56,477
TAMMY GOBLE	DIRECTOR	2.00	Director	$0	$0	$0
JARED HAGER	DIRECTOR	2.00	Director	$0	$0	$0
JERMAINE JACKSON	DIRECTOR	2.00	Director	$0	$0	$0
TODD JOHNS	DIRECTOR	2.00	Director	$0	$0	$0
MICHELLE KRATZER	DIRECTOR	2.00	Director	$0	$0	$0
STEVE MUSEN	DIRECTOR	2.00	Director	$0	$0	$0
SARAH PAINTER	DIRECTOR	2.00	Director	$0	$0	$0
JONNA PERDUE	DIRECTOR	2.00	Director	$0	$0	$0
JUSTIN RAY	DIRECTOR	2.00	Director	$0	$0	$0
KYLE ROE	PRESIDENT	2.00	Officer Director	$0	$0	$0
CHRIS SLOAN	DIRECTOR	2.00	Director	$0	$0	$0
HAZEL TEICHEN	DIRECTOR	2.00	Director	$0	$0	$0
KELLY TOPONAK	DIRECTOR	2.00	Director	$0	$0	$0
JOE WILDER	TREASURER	2.00	Officer Director	$0	$0	$0
BRIAN YOUNG	DIRECTOR	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	No data	No data	No data	No data
2023	$282,722	$257,860	$135,488	$24,862
2022	$211,778	$212,856	$110,624	$-1,078
2021	$208,153	$178,171	$110,697	$29,982
2020	$158,071	$163,182	$81,332	$-5,111

JESSAMINE COUNTY CHAMBER OF COMMERCE INC