GOODLETTSVILLE AREA CHAMBER OF COMMERCE (EIN 621195086) - 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

1960

Legal Domicile

Phone

6158597979

Tax Period

2023-01-01 to 2023-12-31

GOODLETTSVILLE AREA CHAMBER OF COMMERCE, founded in 1960, is a small nonprofit in the Community Improvement sector that reported $152K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $174K exceeded revenue, resulting in a 15% operating deficit.

Mission

UNITE BUSINESS AND COMMUNITY LEADERS TO DEVELOP AND PROMOTE GOODLETTSVILLE, TN

🔒

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 $116,940

Program Service Revenue $10,060

Investment Income $0

Other Revenue $24,998

TOTAL REVENUE $151,998

Expense Breakdown

Grants Paid $1,160

Salaries & Benefits $99,787

Fundraising Expenses $21,099

Program Expenses $67,330

Other Expenses $73,348

TOTAL EXPENSES $174,295

Year-over-Year Comparison

	2023	2022	Change
Revenue	$151,998	$188,643	-0.2%
Expenses	$174,295	$179,485	0.0%
Net Income	$-22,297	$9,158	-3.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
BRIAN MANNING	CHAIR	Officer Director	$0	$0	$0
AMANDA SUTTON	CHAIR ELECT	Officer Director	$0	$0	$0
DEVIN PARK	SECRETARY	Officer Director	$0	$0	$0
MARK LOWHORN	TREASURER	Officer Director	$0	$0	$0
NATALIE DOWNS	BOARD MEMBER	Director	$0	$0	$0
JIM HAGY	BOARD MEMBER	Director	$0	$0	$0
SUSAN DRYE	BOARD MEMBER	Director	$0	$0	$0
KENDALL CUTRELL	BOARD MEMBER	Director	$0	$0	$0
ISAIAS RAMOS	BOARD MEMBER	Director	$0	$0	$0
TRENT SIPES	BOARD MEMBER	Director	$0	$0	$0
TIM ELLIS	CITY LIAISON (EX-OFFICIO MEMBER)	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	$151,998	$174,295	$50,625	$-22,297
2022	$188,643	$179,485	$73,450	$9,158
2021	$180,901	$171,070	$56,880	$9,831
2020	$144,981	$146,638	$38,288	$-1,657
2019	$188,482	$197,450	$35,244	$-8,968
2018	$210,058	$185,431	$44,925	$24,627

GOODLETTSVILLE AREA CHAMBER OF COMMERCE