TANGIPAHOA CHAMBER OF COMMERCE (EIN 720440396) - Form 990 Financial Analysis & Trantor Score

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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

Formation Year

1950

Legal Domicile

Principal Officer

MELISSA BORDELON

Phone

9853454457

Tax Period

2022-01-01 to 2022-12-31

TANGIPAHOA CHAMBER OF COMMERCE, founded in 1950, is a small nonprofit that reported $222K in total revenue in fiscal year 2022. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $248K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE TANGIPAHOA CHAMBER IS THE LEADER OF AND CATALYST FOR STRATEGIES AND SERVICES WHICH PROMOTE ECONOMIC VITALITY IN TANGIPAHOA PARISH.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $140,330

Investment Income $310

Other Revenue $81,365

TOTAL REVENUE $222,005

Expense Breakdown

Grants Paid $0

Salaries & Benefits $116,786

Fundraising Expenses $0

Other Expenses $130,876

TOTAL EXPENSES $247,662

Year-over-Year Comparison

	2022	2021	Change
Revenue	$222,005	$327,143	-0.3%
Expenses	$247,662	$296,558	-0.2%
Net Income	$-25,657	$30,585	-1.8%

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

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

$84,923

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA BORDELON	PRESIDENT &	2.00	Officer	$84,923	$0	$84,923
JAMES BARRAS	DIRECTOR	2.00	Director	$0	$0	$0
CHERYL BRUMFIELD	DIRECTOR	2.00	Director	$0	$0	$0
DAWN CAZEDESSUS	IMMEDIATE PA	5.00	Officer Director	$0	$0	$0
KILEY CEDOTAL	DIRECTOR	2.00	Director	$0	$0	$0
PETE CLARK	DIRECTOR	2.00	Director	$0	$0	$0
TRACEY DESOTO	DIRECTOR	2.00	Director	$0	$0	$0
MATT EMMONS	DIRECTOR	2.00	Director	$0	$0	$0
CHANCE ENMON	DIRECTOR	2.00	Director	$0	$0	$0
PEGGY GAUTREAU	DIRECTOR	2.00	Director	$0	$0	$0
JOYCELYN LEE	DIRECTOR	2.00	Director	$0	$0	$0
SETH LETO	DIRECTOR	2.00	Director	$0	$0	$0
DR TARA LOPEZ	DIRECTOR	2.00	Director	$0	$0	$0
MEGAN RAMANO	DIRECTOR	2.00	Director	$0	$0	$0
DR PENNI SAUL	DIRECTOR	2.00	Director	$0	$0	$0
JESSICA SMITH	DIRECTOR	2.00	Director	$0	$0	$0
BRANDI STEVENS	CHAIRMAN-ELE	5.00	Officer Director	$0	$0	$0
MELISSA STILLEY	DIRECTOR	2.00	Director	$0	$0	$0
JEREMY TROULLIET	TREASURER	5.00	Officer Director	$0	$0	$0
JASMIN WILD	DIRECTOR	2.00	Director	$0	$0	$0
HANS WINKLER	DIRECTOR	2.00	Director	$0	$0	$0
JONATHAN WONG	CHAIRMAN	5.00	Officer Director	$0	$0	$0
AMY YBARZABAL	DIRECTOR	2.00	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
2022	$222,005	$247,662	$846,651	$-25,657
2021	$327,143	$296,558	$888,476	$30,585
2020	$301,992	$277,484	$862,358	$24,508
2019	$368,096	$350,591	$823,128	$17,505
2018	$349,265	$333,081	$814,103	$16,184

TANGIPAHOA CHAMBER OF COMMERCE