HARRISON CHAMBER FOUNDATION INC

EIN: 710592352 501(c)(3)

HARRISON, AR

Total Revenue
$290,928
Total Expenses
$41,973
Total Assets
$429,114
Net Assets
$429,114
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
AR
Tax Period
2023-01-01 to 2023-12-31

HARRISON CHAMBER FOUNDATION INC, founded in 1984, is a small nonprofit that reported $291K in total revenue in fiscal year 2023. The organization ran a surplus of $249K, a strong 86% operating margin.

Mission

TO SUPPORT, FOSTER, AND PROTECT THE HARRISON REGIONAL CHAMBER OF COMMERCE MISSION

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $15,865
Investment Income $275,063
Other Revenue $0
TOTAL REVENUE $290,928

Expense Breakdown

Grants Paid $30,695
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $41,973
Other Expenses $11,278
TOTAL EXPENSES $41,973

Year-over-Year Comparison

2023 2022 Change
Revenue $290,928 N/A N/A
Expenses $41,973 N/A N/A
Net Income $248,955 N/A N/A
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
4
Independent Members
4
Employees
N/A
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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT LARGENT EX OFFICIO MEMBER 1.00
Director
$0 $0 $0
JASON PATIENCE BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF GIBBS BOARD MEMBER 1.00
Director
$0 $0 $0
LUKE FEIGHERT TREASURER 1.00
Officer 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 $290,928 $41,973 $429,114 $248,955
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