THE SKIATOOK CHAMBER OF COMMERCE INC

EIN: 731458320

SKIATOOK, OK

Total Revenue
$196,761
Total Expenses
$196,503
Total Assets
$105,738
Net Assets
$105,738
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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
2000
Legal Domicile
OK
Phone
9183963702
Tax Period
2024-01-01 to 2024-12-31

THE SKIATOOK CHAMBER OF COMMERCE INC, founded in 2000, is a small nonprofit that reported $197K in total revenue in fiscal year 2024.

Mission

TO PROMOTE ECONOMIC DEVELOPMENT AND GOODWILL AMONG THEIR MEMBERS AND THE SURROUNDING COMMUNITIES.THE PURPOSE OF THE CHAMBER IS TO PLAN, DEVELOP AND IMPLEMENT ACTIVITIES THAT WILL PROMOTE CONTINUED ECONOMIC STABILITY FOR OUR CITIZENS WHILE MAINTAINING THE QUALITY OF LIFE

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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 $106,350
Program Service Revenue $90,411
Investment Income $0
Other Revenue $0
TOTAL REVENUE $196,761

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,271
Fundraising Expenses $0
Program Expenses $59,455
Other Expenses $106,232
TOTAL EXPENSES $196,503

Year-over-Year Comparison

2024 2023 Change
Revenue $196,761 $201,728 0.0%
Expenses $196,503 $195,519 +0.0%
Net Income $258 $6,209 -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
16
Independent Members
16
Employees
2
Volunteers
12

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
15
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEOFF MCGOFFIN CHAIRMAN OF THE BOARDPRESIDENT 1.00
Officer Director
$0 $0 $0
OMAR BAYOUTH VICE CHAIRMAN OF THE BOARD 1.00
Officer Director
$0 $0 $0
ANDREA HUDSON SECRETARY 1.00
Officer Director
$0 $0 $0
CHARLOTTE HALL EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
JESSICA HUDSON BOARD MEMBER 1.00
Officer Director
$0 $0 $0
JASON JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
PAULA TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT NEIGHBORS EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
STACY WOODARD BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA BUSH BOARD MEMBER 1.00
Director
$0 $0 $0
DENNIS SOULE BOARD MEMBER 1.00
Director
$0 $0 $0
LA TONYA BAKER BOARD MEMBER 1.00
Director
$0 $0 $0
ANGEL WISNOSKIE BOARD MEMBER 1.00
Director
$0 $0 $0
JAMIE CROUCH BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE SHARP BOARD MEETING 1.00
Director
$0 $0 $0
SARA HERREN EXECUTIVE DIRECTOR 40.00
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 $196,761 $196,503 $105,738 $258
2023 $201,728 $195,519 $106,199 $6,209
2022 $138,888 $127,386 $100,050 $11,502
2021 $110,001 $89,467 $88,106 $20,534
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