PETAL CHAMBER OF COMMERCE (EIN 640809902) - 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

1962

Legal Domicile

Phone

6015833306

Tax Period

2024-04-01 to 2025-03-31

PETAL CHAMBER OF COMMERCE, founded in 1962, is a small nonprofit in the Community Improvement sector that reported $242K in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $39K, a strong 16% operating margin.

Mission

PROMOTE MEMBER BUSINESSES AND TO STIMULATE REGIONAL PROSPERITY.

🔒

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 $134,725

Program Service Revenue $98,842

Investment Income $8,317

Other Revenue $0

TOTAL REVENUE $241,884

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,380

Fundraising Expenses $0

Program Expenses $95,568

Other Expenses $146,421

TOTAL EXPENSES $202,801

Year-over-Year Comparison

	2024	2023	Change
Revenue	$241,884	$127,286	+0.9%
Expenses	$202,801	$112,059	+0.8%
Net Income	$39,083	$15,227	+1.6%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAWN ELKINS	DIRECTOR	1.00	Director	$0	$0	$0
CRISTIAN GOMEZ	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE BERRY	DIRECTOR	1.00	Director	$0	$0	$0
TONY DUCKER	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN TARIQ	DIRECTOR	1.00	Director	$0	$0	$0
MARK KEYL	DIRECTOR	1.00	Director	$0	$0	$0
JULIE RUSSELL	DIRECTOR	1.00	Director	$0	$0	$0
MATT DILLON	DIRECTOR	1.00	Director	$0	$0	$0
COLBY RUSHING	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL PALMER	DIRECTOR	1.00	Director	$0	$0	$0
HALEY WHITE	DIRECTOR	1.00	Director	$0	$0	$0
RENEE CUMMINGS	TREASURER	1.00	Officer Director	$0	$0	$0
CARRIE HOLEMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
MANDY WIGLEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
KAMMIE CARPENTER	EXECUTIVE DIRECTOR	40.00	Key Emp	$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
2026	No data	No data	No data	No data
2025	$241,884	$202,801	$144,857	$39,083

PETAL CHAMBER OF COMMERCE