FAYETTEVILLE 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

1927

Legal Domicile

Principal Officer

STEVE CLARK

Phone

4795211710

Tax Period

2023-01-01 to 2023-12-31

FAYETTEVILLE CHAMBER OF COMMERCE, founded in 1927, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $271K, a strong 19% operating margin.

Mission

TO SERVE AS A LEADER AND ADVOCATE FOR OUR MEMBERSHIP BY PROMOTING A STRONG BUSINESS CLIMATE IN FAYETTEVILLE AND BY FACILITATING POSITIVE COMMUNITY INTERACTION THAT WILL RESULT IN CONTINUED ECONOMIC DEVELOPMENT AND ENHANCE QUALITY OF LIFE.

Program Service Accomplishments

Program 1

LEADERSHIP FAYETTEVILLE/TEEN LEADERSHIP LEADERSHIP FAYETTEVILLE STARTED AS A PROGRAM DESIGNED TO PRODUCE A CONTINUOUS STREAM OF CONCERNED, MOTIVATED AND EDUCATED INDIVIDUALS OF DIVERSE TALENTS AND...

LEADERSHIP FAYETTEVILLE/TEEN LEADERSHIP LEADERSHIP FAYETTEVILLE STARTED AS A PROGRAM DESIGNED TO PRODUCE A CONTINUOUS STREAM OF CONCERNED, MOTIVATED AND EDUCATED INDIVIDUALS OF DIVERSE TALENTS AND INTERESTS EAGER TO PURSUE AND ASSUME LEADERSHIP ROLES AND VOLUNTEER OPPORTUNITIES WITHIN THE FAYETTEVILLE COMMUNITY. OVER 400 INDIVIDUALS HAVE GRADUATED FROM THIS PROGRAM. TEEN LEADERSHIP STARTED AS A PROGRAM TO EDUCATE PARTICIPANTS ON COMMUNITY ISSUES AND THE PROCESSES OF DECISION MAKING, PLANNING AND TEAMWORK. OVER 100 INDIVIDUALS HAVE GRADUATED FROM THIS PROGRAM.

Program 2

MEMBER MEETINGS THE CHAMBER HAS SEVERAL ACTIVE COMMITTEES THAT MEET MONTHLY

Program 3

ECONOMIC DEVELOPMENT THE CHAMBER SERVES AS A ONE STOP SOLUTION PROVIDER TO HELP START A NEW BUSINESS IN FAYETTEVILLE, AR.

🔒

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 $434,211

Program Service Revenue $399,519

Investment Income $595,624

Other Revenue $-9,386

TOTAL REVENUE $1,419,968

Expense Breakdown

Grants Paid $0

Salaries & Benefits $661,568

Fundraising Expenses $0

Other Expenses $487,516

TOTAL EXPENSES $1,149,084

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,419,968	$965,976	+0.5%
Expenses	$1,149,084	$1,177,451	0.0%
Net Income	$270,884	$-211,475	-2.3%

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
STEVE CLARK	EXECUTIVE DI	N/A	Highest	$164,024	$0	$164,024
BRADLEY HARDIN	BOARD MEMBER	N/A	Director	$0	$0	$0
ASHLEY HARRIS	BOARD MEMBER	N/A	Director	$0	$0	$0
MATT LEWIS	BOARD MEMBER	N/A	Director	$0	$0	$0
STEPHANIE LOVELL	BOARD MEMBER	N/A	Director	$0	$0	$0
JOHN MULFORD	BOARD MEMBER	N/A	Director	$0	$0	$0
JACK MURDERS	BOARD MEMBER	N/A	Director	$0	$0	$0
JOHN NEWMAN	BOARD MEMBER	N/A	Director	$0	$0	$0
MARK POWER	CHAIR ELECT	N/A	Officer Director	$0	$0	$0
LARRY SHACKLEFORD	CHAIRMAN	N/A	Officer Director	$0	$0	$0
DAVID SNOW	BOARD MEMBER	N/A	Director	$0	$0	$0
LAURA UNDERWOOD	PAST CHAIRMA	N/A	Officer Director	$0	$0	$0
BIRCH WRIGHT	BOARD MEMBER	N/A	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	$1,419,968	$1,149,084	$948,404	$270,884
2022	$965,976	$1,177,451	$2,459,508	$-211,475
2021	$1,050,449	$1,159,051	$2,638,252	$-108,602
2020	$976,202	$1,046,166	$2,759,699	$-69,964
2019	$1,215,352	$1,111,775	$2,764,343	$103,577
2018	$983,983	$1,014,428	$2,554,748	$-30,445