MONROE COUNTY CHAMBER OF COMMERCE (EIN 621024187) - 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

1978

Legal Domicile

Principal Officer

BRANDY GENTRY

Phone

4234424588

Tax Period

2023-01-01 to 2023-12-31

MONROE COUNTY CHAMBER OF COMMERCE, founded in 1978, is a small nonprofit that reported $130K in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $186K exceeded revenue, resulting in a 42% operating deficit.

Mission

TO PROMOTE BUSINESS ACTIVITIES AND ASSIST THE BUSINESS COMMUNITY IN THE DEVELOPMENT OF MONROE COUNTY.

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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 $0

Program Service Revenue $108,136

Investment Income $268

Other Revenue $22,076

TOTAL REVENUE $130,480

Expense Breakdown

Grants Paid $0

Salaries & Benefits $122,535

Fundraising Expenses $0

Program Expenses $155,858

Other Expenses $63,093

TOTAL EXPENSES $185,628

Year-over-Year Comparison

	2023	2022	Change
Revenue	$130,480	$213,587	-0.4%
Expenses	$185,628	$153,324	+0.2%
Net Income	$-55,148	$60,263	-1.9%

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

$74,903

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRANDY GENTRY	EXEC DIRECTO	40.00	Officer	$68,592	$6,311	$74,903
JON ALEXANDER	DIRECTOR	1.00	Director	$0	$0	$0
TRACY ALLEN	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN ATKINS	DIRECTOR	1.00	Director	$0	$0	$0
JIMMY AUTREY	DIRECTOR	1.00	Director	$0	$0	$0
COURTNEY BOATRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
JOE BRENNAN	DIRECTOR	1.00	Director	$0	$0	$0
PHILLIP FAULKNER	DIRECTOR	1.00	Director	$0	$0	$0
DOUG FOWLKES	DIRECTOR	1.00	Director	$0	$0	$0
TOMMY FUGETT	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HARLOW	DIRECTOR	1.00	Director	$0	$0	$0
SHAWN HELTON	DIRECTOR	1.00	Director	$0	$0	$0
WES KILPATRICK	DIRECTOR	1.00	Director	$0	$0	$0
WILLIE LOCKETT	DIRECTOR	1.00	Director	$0	$0	$0
BEN MATTOX	DIRECTOR	1.00	Director	$0	$0	$0
TINA ROBBINS	DIRECTOR	1.00	Director	$0	$0	$0
MARILYN SUMERFORD	DIRECTOR	1.00	Director	$0	$0	$0
GLENN SUMMERS	DIRECTOR	1.00	Director	$0	$0	$0
BRENT THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
KAITLYN WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
TALIA WORTH	DIRECTOR	1.00	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	$130,480	$185,628	$134,644	$-55,148
2022	$213,587	$153,324	$188,518	$60,263

MONROE COUNTY CHAMBER OF COMMERCE