GROVE AREA CHAMBER OF COMMERCE (EIN 731179063) - 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

1962

Legal Domicile

Principal Officer

AMANDA DAVIS

Phone

9187869079

Tax Period

2024-07-01 to 2025-06-30

GROVE AREA CHAMBER OF COMMERCE, founded in 1962, is a small nonprofit that reported $343K in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $415K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO TAKE A LEADERSHIP ROLE ON BEHALF OF THE ORGANIZATION'S MEMBERS AND THE BUSINESS COMMUNITY ON MATTERS OF ECONOMIC, EDUCATIONAL, SOCIAL, CULTURAL, AND GOVERNMENT CONCERNS. TO DEVELOP, IMPLEMENT AND REVIEW SELECTIVE PROGRAMS OF ACTION WHICH IDENTIFY ISSUES, PROVIDE SUPPORT AND FOSTER COMMUNITY PRIDE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $101,866

Program Service Revenue $174,651

Investment Income $0

Other Revenue $66,913

TOTAL REVENUE $343,430

Expense Breakdown

Grants Paid $0

Salaries & Benefits $227,359

Fundraising Expenses $0

Other Expenses $179,741

TOTAL EXPENSES $415,161

Year-over-Year Comparison

	2024	2023	Change
Revenue	$343,430	$249,682	+0.4%
Expenses	$415,161	$307,415	+0.4%
Net Income	$-71,731	$-57,733	+0.2%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMANDA DAVIS	PRESIDENT	40.00	Director	$0	$0	$0
STEVE WILLIAMS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DUSTIN ABLE	PAST CHAIRMA	1.00	Officer Director	$0	$0	$0
KIM SHEARER	INCOMING CHA	1.00	Officer Director	$0	$0	$0
KIM SHEARER	TREASURER	1.00	Officer Director	$0	$0	$0
TAMARA ATKINS	MEMBER	N/A	Director	$0	$0	$0
SHARIE COX	MEMBER	N/A	Director	$0	$0	$0
LINDSEY CRANE	MEMBER	N/A	Director	$0	$0	$0
RENAE DOXIER	MEMBER	N/A	Director	$0	$0	$0
ANGELA HAMILTON	MEMBER	N/A	Director	$0	$0	$0
TERESA POINDEXTER	MEMBER	N/A	Director	$0	$0	$0
JOHN SAWYER	MEMBER	N/A	Director	$0	$0	$0
JAMES SHARP	MEMBER	N/A	Director	$0	$0	$0
JACOB WALLACE	MEMBER	N/A	Director	$0	$0	$0
DIANNA WESCOTT	MEMBER	N/A	Director	$0	$0	$0
AUTUMN WILHELM	MEMBER	N/A	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
2025	$343,430	$415,161	$31,633	$-71,731
2024	$249,682	$307,415	$92,416	$-57,733
2023	$356,427	$289,114	$152,053	$67,313
2022	$300,902	$296,053	$82,890	$4,849
2021	$348,080	$296,025	$81,494	$52,055
2020	$331,543	$328,747	$31,600	$2,796
2019	$279,658	$289,522	$26,941	$-9,864
2018	$196,789	$238,218	$36,120	$-41,429

GROVE AREA CHAMBER OF COMMERCE