SARALAND AREA CHAMBER OF COMMERCE

🔒

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

1984

Legal Domicile

Principal Officer

TIM FAIRCLOTH

Phone

2516754444

Tax Period

2024-01-01 to 2024-12-31

SARALAND AREA CHAMBER OF COMMERCE, founded in 1984, is a small nonprofit that reported $206K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $196K left a modest 5% surplus.

Mission

TO PROMOTE ECONOMIC ACTIVITY IN THE CITY OF SARALAND, ALABAMA.

Program Service Accomplishments

Program 1

Expenses: $581

LEADERSHIP TRAINING FOR MEMBERS.

Program 2

Expenses: $68,136

MONTHLY MEETINGS WITH ALL MEMBERS TO PROVIDE INFORMATION TO THE BUSINESS MEMBERS.

Program 3

Expenses: $89,466

PROMOTE THE CITY OF SARALAND AND THE BUSINESSES WITHIN SARALAND, AL

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $100,975

Program Service Revenue $98,579

Investment Income $4,208

Other Revenue $1,950

TOTAL REVENUE $205,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $88,648

Fundraising Expenses $0

Program Expenses $158,183

Other Expenses $107,599

TOTAL EXPENSES $196,247

Year-over-Year Comparison

	2024	2023	Change
Revenue	$205,712	$154,331	+0.3%
Expenses	$196,247	$130,909	+0.5%
Net Income	$9,465	$23,422	-0.6%

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

362

Independent Members

362

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

$50,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHILO MILLER	EXEC. DIRECT	40.00	Officer	$50,750	$0	$50,750
SHERON ATWELL	CO/VP ADMINI	3.00	Officer	$0	$0	$0
JACKIE BENSON	VP SPECIAL P	2.00	Officer	$0	$0	$0
SEAN BRYANT	VP ECONOMIC	2.00	Officer	$0	$0	$0
GEORGE BURROUGHS	VP COMM. DEV	2.00	Officer	$0	$0	$0
ALLIE DUBOSE	VP WORKFORCE	3.00	Officer	$0	$0	$0
TIM FAIRCLOTH	PRESIDENT	5.00	Officer	$0	$0	$0
LAUREL FLOWERS	PAST PRESIDE	4.00	Officer	$0	$0	$0
WAYNE LYSSY	VP GOV'T AFF	2.00	Officer	$0	$0	$0
BEN SMITH	CHAIRMAN OF	4.00	Officer	$0	$0	$0
JAMES THOMASSON	TREASURER	3.00	Officer	$0	$0	$0
JAMIE WARREN	VP MEMBERSHI	2.00	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	$205,712	$196,247	$202,910	$9,465
2023	$154,331	$130,909	$192,556	$23,422
2022	$126,278	$111,671	$169,407	$14,607
2021	$137,827	$111,302	$154,315	$26,525
2020	$131,786	$100,552	$127,776	$31,234
2019	$134,709	$106,337	$96,938	$28,372
2018	$106,756	$93,531	$68,201	$13,225