BARDSTOWN-NELSON COUNTY CHAMBER OF

EIN: 610666210

BARDSTOWN, KY

Total Revenue
$389,991
Total Expenses
$408,517
Total Assets
$285,538
Net Assets
$275,142
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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
1923
Legal Domicile
KY
Principal Officer
LISA THOMAS
Tax Period
2023-01-01 to 2023-12-31

BARDSTOWN-NELSON COUNTY CHAMBER OF, founded in 1923, is a small nonprofit that reported $390K in total revenue in fiscal year 2023.

Mission

THE MISSION OF THE BARDSTOWN-NELSON COUNTY CHAMBER OF COMMERCE IS TO MAKE A POSITIVE IMPACT ON OUR COMMUNITY BY CONNECTING MEMBERS TO BUILD STRONG 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $18,375
Program Service Revenue $370,548
Investment Income $1,068
Other Revenue $0
TOTAL REVENUE $389,991

Expense Breakdown

Grants Paid $0
Salaries & Benefits $172,061
Fundraising Expenses $0
Program Expenses $160,455
Other Expenses $236,456
TOTAL EXPENSES $408,517

Year-over-Year Comparison

2023 2022 Change
Revenue $389,991 $396,679 0.0%
Expenses $408,517 $384,916 +0.1%
Net Income $-18,526 $11,763 -2.6%
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

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Governance

Voting Members
13
Independent Members
13
Employees
4
Volunteers
55

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA THOMAS EXECUTIVE DIRECTOR 40.00
Officer Highest
$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 $389,991 $408,517 $285,538 $-18,526
2022 $396,679 $384,916 $296,784 $11,763
2021 $355,152 $304,765 $288,094 $50,387
2020 $214,586 $197,944 $237,149 $16,642
2019 $300,151 $265,063 $214,163 $35,088
2018 $250,717 $238,064 $179,588 $12,653
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