SALLISAW 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

1982

Legal Domicile

Principal Officer

MARTY GREEN

Tax Period

2023-01-01 to 2023-12-31

SALLISAW CHAMBER OF COMMERCE, founded in 1982, is a small nonprofit that reported $112K in total revenue in fiscal year 2023. Expenses of $126K exceeded revenue, resulting in a 13% operating deficit.

Mission

The mission of the Sallisaw Chamber of Commerce is to enhance the economic vitality of the Sallisaw area while striving to create the best quality of life possible for our citizens.

Program Service Accomplishments

Program 1

Expenses: $17,707

Met with numerous representatives of businesses and industries who were interested in relocating in this area. Advertising and promoting the City of Sallisaw! Created quality of life events for the...

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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 $155,516

Program Service Revenue $1,000

Investment Income $381

Other Revenue $-45,227

TOTAL REVENUE $111,670

Expense Breakdown

Grants Paid $0

Salaries & Benefits $78,117

Fundraising Expenses $7,818

Program Expenses $17,707

Other Expenses $47,699

TOTAL EXPENSES $125,816

Year-over-Year Comparison

	2023	2022	Change
Revenue	$111,670	$112,937	0.0%
Expenses	$125,816	$128,261	0.0%
Net Income	$-14,146	$-15,324	-0.1%

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

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
KEITH SKELTON	DIRECTOR	1.00	Director	$0	$0	$0
RHONDA MERRILL	DIRECTOR	1.00	Director	$0	$0	$0
TREYE GIRDNER	DIRECTOR	1.00	Director	$0	$0	$0
RANDY WOOD	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE HENSON	PAST PRESIDENT	2.00	Director	$0	$0	$0
DUSTIN WALTERS	DIRECTOR	1.00	Director	$0	$0	$0
ERNIE MARTENS	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN PETTIT	DIRECTOR	1.00	Director Highest	$0	$0	$0
GLENDA CALLAHAN	DIRECTOR	1.00	Director	$0	$0	$0
AMY EDWARDS	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN HAYWOOD	DIRECTOR	1.00	Director	$0	$0	$0
TYLER KNOKE	DIRECTOR	1.00	Director	$0	$0	$0
BUDDY SPENCER	DIRECTOR	1.00	Director	$0	$0	$0
JORDAN PACE	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN ONEAL	TREASURER	1.00	Officer Director	$0	$0	$0
RHONDA NICHOLSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARTY GREEN	EXEC BP	40.00	Officer Director Highest	$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	$111,670	$125,816	$86,171	$-14,146
2022	$112,937	$128,261	$71,932	$-15,324
2021	$113,360	$102,089	$98,076	$11,271
2020	$132,726	$93,440	$63,926	$39,286
2019	$110,866	$111,020	$24,722	$-154
2018	$106,227	$109,988	$24,977	$-3,761