GUTHRIE CHAMBER OF COMMERCE

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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

1928

Legal Domicile

Principal Officer

BRITTANY TIMMONS

Phone

4052821947

Tax Period

2023-01-01 to 2023-12-31

GUTHRIE CHAMBER OF COMMERCE, founded in 1928, is a small nonprofit that reported $205K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $48K, a strong 24% operating margin.

Mission

The Chamber of Commerce is the principal contact for visitors to the City of Guthrie. The purpose of the organization is to attract visitors.

Program Service Accomplishments

Program 1

Expenses: $156,964 Revenue: $203,137

The Chamber of Commerce is the principal contact for visitors to the city of Guthrie. The purpose of the organization is to attract visitors. In 2022, the Chamber of Commerce held the following...

The Chamber of Commerce is the principal contact for visitors to the city of Guthrie. The purpose of the organization is to attract visitors. In 2022, the Chamber of Commerce held the following events: Annual Banquet, Leadership Guthrie, Golf Tournament,Victorian Walk, Bed Race, a Career Fair, Crazy Days, a Women Mean Business event, and a Corn Hole Tournament to promote the city of Guthrie and support local businesses. In 2022, the Chamber of Commerce teamed up with local businesses for the Choose Guthrie campaign to encourage citizens to shop local.

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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 (2023)

Revenue Breakdown

Contributions & Grants $204,059

Program Service Revenue $0

Investment Income $1,321

Other Revenue $0

TOTAL REVENUE $205,380

Expense Breakdown

Grants Paid $0

Salaries & Benefits $80,687

Fundraising Expenses $22,289

Program Expenses $156,964

Other Expenses $76,277

TOTAL EXPENSES $156,964

Year-over-Year Comparison

	2023	2022	Change
Revenue	$205,380	$176,412	+0.2%
Expenses	$156,964	$142,436	+0.1%
Net Income	$48,416	$33,976	+0.4%

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

Total Directors

$52,855

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRITTANY TIMMONS	CEO	50	Director	$52,855	$0	$52,855

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	$205,380	$156,964	$162,366	$48,416
2022	$176,412	$142,436	$117,350	$33,976
2021	$149,179	$121,998	$185,588	$27,181
2020	$127,072	$113,521	$58,719	$13,551
2019	$113,866	$105,061	$39,859	$8,805
2018	$103,883	$92,467	$31,054	$11,416