CHAMBER OF COMMERCE FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Legal Domicile

Principal Officer

BILL MURPHY

Phone

5802237765

Tax Period

2024-01-01 to 2024-12-31

CHAMBER OF COMMERCE FOUNDATION is a small nonprofit in the Community Improvement sector that reported $802K in total revenue in fiscal year 2024. The organization ran a surplus of $320K, a strong 40% operating margin.

Mission

THE CHAMBER OF COMMERCE FOUNDATION IMPROVES THE LIVES OF CITIZENS LIVING IN THE ARDMORE AREA BY IMPROVING EDUCATION, BEAUTIFYING THE CITY AND SUPPORTING LOCAL CHARITABLE ORGANIZATIONS

Program Service Accomplishments

Program 1

Expenses: $317,301

FOUNDATION GENERAL-BEAUTIFICATION, CULTURAL AND ASSISTING LOCAL COMMUNITY GROUPS TO CONTRIBUTE TO THEIR COMMUNITY BY ADMINISTERING VARIOUS SMALL PROGRAMS

Program 2

Expenses: $732

EDUCATION-EDUCATION INITIATIVES, PIE PARTNERS IN EDUCATION, OKLAHOMA SCHOLARS TO PROMOTE EXCELLENCE IN EDUCATION

Program 3

Expenses: $94,217

LEADERSHIP-TO EDUCATE AND PROMOTE COMMUNITY LEADERS AND ENCOURAGE PARTICIPATION IN LEADERSHIP ROLES AND TO PROVIDE NETWORKING OPPORTUNITIES FOR ARDMORE'S YOUNG PROFESSIONALS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $166,856

Program Service Revenue $0

Investment Income $15,137

Other Revenue $619,589

TOTAL REVENUE $801,582

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $425,309

Other Expenses $481,944

TOTAL EXPENSES $481,944

Year-over-Year Comparison

	2024	2023	Change
Revenue	$801,582	$795,003	+0.0%
Expenses	$481,944	$463,914	+0.0%
Net Income	$319,638	$331,089	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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
MITA BATES	CHAIRMAN ELE	N/A	Officer Director	$0	$0	$0
BLAKE BUSH	TRUSTEE	N/A	Director	$0	$0	$0
CLAYTON LODES	CHAIR	N/A	Officer Director	$0	$0	$0
VIC RHODES	TRUSTEE	N/A	Director	$0	$0	$0
AL SCHNEIDER	TRUSTEE	N/A	Director	$0	$0	$0
BETH WELCH	TREASURER	N/A	Officer Director	$0	$0	$0
BILL MURPHY	SECRETARY	N/A	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	$801,582	$481,944	$8,078,073	$319,638
2023	$795,003	$463,914	$8,119,798	$331,089
2022	$815,483	$672,515	$8,106,283	$142,968
2021	$938,007	$510,884	$8,327,143	$427,123
2020	$770,086	$507,496	$8,163,641	$262,590
2019	$863,642	$628,609	$8,192,700	$235,033
2018	$725,589	$500,174	$8,238,442	$225,415