ATHENS AREA CHAMBER OF COMMERCE (EIN 620451115) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Principal Officer

ROBERT N PRESTON

Phone

4237450334

Tax Period

2023-01-01 to 2023-12-31

ATHENS AREA CHAMBER OF COMMERCE, founded in 1971, is a small nonprofit that reported $213K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Net assets of $472K represent 27 months of operating reserves.

Mission

TO PROVIDE SERVICES TO THE BUSINESS COMMUNITY

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $153,305

Program Service Revenue $0

Investment Income $17,542

Other Revenue $41,793

TOTAL REVENUE $212,640

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,574

Fundraising Expenses $18,529

Program Expenses $138,915

Other Expenses $65,817

TOTAL EXPENSES $209,391

Year-over-Year Comparison

	2023	2022	Change
Revenue	$212,640	$188,760	+0.1%
Expenses	$209,391	$198,498	+0.1%
Net Income	$3,249	$-9,738	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$82,733

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT N PRESTON	EXECUTIVE DIRECTOR	40.00	Officer	$82,733	$0	$82,733
JULIE CARDIN	TREASURER	1.00	Officer	$0	$0	$0
KAREN RABY	CHAIRPERSON	1.00	Officer	$0	$0	$0
WOOD TALKINGTON	VICE CHAIRPERSON	1.00	Officer	$0	$0	$0
INGRID PRATHER	BOARD MEMBER	1.00	Officer	$0	$0	$0
JOHN RODRIQUEZ	BOARD MEMBER	1.00	Officer	$0	$0	$0
STEVEN CROFT	BOARD MEMBER	1.00	Officer	$0	$0	$0
TODD WATSON	BOARD MEMBER	1.00	Officer	$0	$0	$0
KRYSTAL NEWTON	BOARD MEMBER	1.00	Officer	$0	$0	$0
HOLLY GOINES	BOARD MEMBER	1.00	Officer	$0	$0	$0
JEANNIE ANDERSON	BOARD MEMBER	1.00	Officer	$0	$0	$0
JOSEPH LADNER	BOARD MEMBER	1.00	Officer	$0	$0	$0
TODD MARNER	BOARD MEMBER	1.00	Officer	$0	$0	$0
ANTHONY CASTEEL	BOARD MEMBER	1.00	Officer	$0	$0	$0
JOHN GENTRY	BOARD MEMBER	1.00	Officer	$0	$0	$0
LINDSEY FERGUSON	BOARD MEMBER	1.00	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
2024	No data	No data	No data	No data
2023	$212,640	$209,391	$475,399	$3,249
2022	$188,760	$198,498	$472,180	$-9,738
2021	$185,928	$173,644	$481,369	$12,284
2020	$265,356	$263,932	$468,951	$1,424
2019	$535,776	$405,674	$463,931	$130,102
2018	$326,764	$321,566	$492,343	$5,198

ATHENS AREA CHAMBER OF COMMERCE