PONTOTOC COUNTY CHAMBER OF COMMERCE

EIN: 640752857

PONTOTOC, MS

Total Revenue
$341,958
Total Expenses
$319,193
Total Assets
$139,226
Net Assets
$136,688
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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

Legal Domicile
MS
Principal Officer
LEAH MITCHELL
Phone
6624895042
Tax Period
2023-10-01 to 2024-09-30

PONTOTOC COUNTY CHAMBER OF COMMERCE is a small nonprofit that reported $342K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $319K left a modest 7% surplus.

Mission

ECONOMIC AND COMMUNITY DEVELOPMENT PROGRAMS PROVIDE PROMOTIONAL SERVICES AND DISSEMINATION OF INFORMATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT ON A COUNTYWIDE BASIS TO PROMOTE ECONOMIC INVESTMENT AND DEVELOPMENT IN PONTOTOC COUNTY BY ATTRACTING HIGHER PAYING JOBS AND ENCOURAGING COMMUNITY INVOLVEMENT. LEADERSHIP TRAINING PROGRAMS ARE AN INTENSIVE TRAINING PROGRAM DESIGNED TO DEVELOP LEADERSHIP ABILITIES AND AWARENESS OF BOTH ADULT AND YOUTH PARTICIPANTS THROUGH TRAINING SEMINARS, LECTURES AND PROJECT PARTICIPATION UNDER THE GUIDANCE OF COMMUNITY LEADERSHIP PROFESSIONALS AND EDUCATORS. CHAMBER DEVELOPMENT CONSISTS OF EDUCATIONAL SEMINARS AND PROMOTIONAL MATERIALS DESIGNED TO ENHANCE THE EFFECTIVENESS OF SERVICES PROVIDED TO BUSINESSES AND THE COMMUNITY AND TO PROMOTE AWARENESS OF SERVICE OPPORTUNITIES AVAILABLE THROUGH THE CHAMBER OF COMMERCE.

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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 $142,628
Program Service Revenue $199,330
Investment Income $0
Other Revenue $0
TOTAL REVENUE $341,958

Expense Breakdown

Grants Paid $0
Salaries & Benefits $123,089
Fundraising Expenses $0
Other Expenses $196,104
TOTAL EXPENSES $319,193

Year-over-Year Comparison

2023 2022 Change
Revenue $341,958 $305,950 +0.1%
Expenses $319,193 $328,913 0.0%
Net Income $22,765 $-22,963 -2.0%
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
N/A
Independent Members
N/A
Employees
3
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEAH MITCHELL DIRECTOR 40.00
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 $341,958 $319,193 $139,226 $22,765
2023 $305,950 $328,913 $116,216 $-22,963
2022 $281,762 $250,141 $138,389 $31,621
2021 $245,823 $203,046 $106,527 $42,777
2020 $90,029 $112,971 $47,098 $-22,942
2019 $151,458 $154,793 $70,089 $-3,335
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