Idabel Chamber of Commerce & Agriculture

EIN: 730531453

Idabel, OK

Total Revenue
$123,781
Total Expenses
$127,465
Total Assets
$164,259
Net Assets
$163,393
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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
1911
Legal Domicile
OK
Principal Officer
Chris Grice
Phone
5802863305
Tax Period
2024-01-01 to 2024-12-31

Idabel Chamber of Commerce & Agriculture, founded in 1911, is a small nonprofit that reported $124K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year.

Mission

Civic activities for the betterment of Idabel

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $57,184
Program Service Revenue $59,042
Investment Income $210
Other Revenue $7,345
TOTAL REVENUE $123,781

Expense Breakdown

Grants Paid $0
Salaries & Benefits $51,975
Fundraising Expenses $0
Program Expenses $42,279
Other Expenses $75,490
TOTAL EXPENSES $127,465

Year-over-Year Comparison

2024 2023 Change
Revenue $123,781 $147,625 -0.2%
Expenses $127,465 $291,944 -0.6%
Net Income $-3,684 $-144,319 -1.0%
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
15
Independent Members
15
Employees
2
Volunteers
25

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Grice President 10.00
Officer
$0 $0 $0
Bendette Hardwick 1st Vice Pres 10.00
Officer
$0 $0 $0
Deby Lawson 2nd Vice Pres 10.00
Officer
$0 $0 $0
Leslie McGovern Treasurer 10.00
Officer
$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 $123,781 $127,465 $164,259 $-3,684
2023 $147,625 $291,944 $168,078 $-144,319
2022 $290,921 $147,077 $311,707 $143,844
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