DAVIS CHAMBER OF COMMERCE

EIN: 730714608 Community Improvement

Davis, OK

Total Revenue
$94,341
Total Expenses
$86,106
Total Assets
$183,147
Net Assets
$183,147
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
OK
Phone
5803692402
Tax Period
2024-01-01 to 2024-12-31

DAVIS CHAMBER OF COMMERCE, founded in 2005, is a micro nonprofit in the Community Improvement sector that reported $94K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $86K left a modest 9% surplus.

Mission

Davis Chamber of Commerce is a non profit organization of businesses whose mission is to promote business, economic develement,and tourism and to make Davis and the surrounding area a better place to live, work, and to conduct business.

Program Service Accomplishments

Program 1
Expenses: $1,461

To support the population of Davis by encouraging and organizing the local businesses. The Chamber spends approx 50% of ther efforts marketing the community and its businesses by telephone, email...

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To support the population of Davis by encouraging and organizing the local businesses. The Chamber spends approx 50% of ther efforts marketing the community and its businesses by telephone, email, mail and in person. Our lobby is always open and stocked with maps, literature, and brochures on a daily basis responding to requests from tourists and individuals relocation to our area. We constantly work on our website to make sure it is updated with current info on our area and local businesses.Another 30% of our effort spent is toward educating our businesses and community-we have twice a month meeting at noon with guest soeakers fron a variety of ares on various topics of interest that provide avenues for networking with other business owners and a forum to discuss issues vital to the business community. Another 10% of efforts is dedicated to ecomonic developement-which meets twice a month to work together to bring business and promote business in Davis and Murray c The chamber spends another 10% of efforts in festivals and fundraising as we do not bring in enough dues to sustain the services we offer. At the same time we provide activities for our community such as Summerfest, a Forth of July celebration is a yearly event.We offer live music, fireworks, food boothes, childrens games,free watermelon, and luminaries to honor our veterans. We provide entertainment and memories for our local residents as well as tourists visiting Turner Falls Park and the Chickasaw National Recreation Area. We have Christmas activities and county wide garage sale which brings in money for our general operating fund and at the same time brings in people to shop, eat, and stay in our town and surround area.These events are accomplishihed by the executive director, part time secretary, and volunteer chamber members. We futher our tax exempt status by providing events that bring in tourist to Oklahoma and our areas and provide community activies in ou

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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 $94,341
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $94,341

Expense Breakdown

Grants Paid $0
Salaries & Benefits $60,940
Fundraising Expenses $1,604
Program Expenses $1,461
Other Expenses $25,166
TOTAL EXPENSES $86,106

Year-over-Year Comparison

2024 2023 Change
Revenue $94,341 $139,698 -0.3%
Expenses $86,106 $157,512 -0.5%
Net Income $8,235 $-17,814 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
N/A
Employees
3
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
0
$0
Total Directors
1
$37,040
Key Employees
1
$12,785
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAUREN M PAYNE DIRECTOR 0.00
Director
$37,040 $0 $37,040
ABIGAIL SNYDER SECRETARY 0.00
Key Emp
$12,785 $0 $12,785
BRANDI BALDWIN FORMER DIRECTOR 0.00
$5,601 $0 $5,601
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 $94,341 $86,106 $183,147 $8,235
2023 $139,698 $157,512 $193,532 $-17,814
2022 $168,721 $174,113 $210,896 $-5,392
2021 $171,436 $160,123 $216,223 $11,313
2020 $175,372 $161,086 $204,785 $14,286
2019 $177,832 $154,936 $190,549 $22,896
2018 $166,939 $159,225 $164,965 $7,714
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