HARLINGEN AREA CHAMBER OF COMMERCE (EIN 740671129) - 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

1921

Legal Domicile

Principal Officer

JAVIER DE LEON

Phone

9564235440

Tax Period

2023-10-01 to 2024-09-30

HARLINGEN AREA CHAMBER OF COMMERCE, founded in 1921, is a small nonprofit that reported $421K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

ADVOCATE FOR BUSINESS IDEALS IN THE HARLINGEN AREA

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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 $0

Program Service Revenue $269,208

Investment Income $2,637

Other Revenue $149,407

TOTAL REVENUE $421,252

Expense Breakdown

Grants Paid $0

Salaries & Benefits $283,262

Fundraising Expenses $0

Program Expenses $354,431

Other Expenses $174,976

TOTAL EXPENSES $458,238

Year-over-Year Comparison

	2023	2022	Change
Revenue	$421,252	$475,037	-0.1%
Expenses	$458,238	$440,985	+0.0%
Net Income	$-36,986	$34,052	-2.1%

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

$96,865

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTIAN CORRALES	CHAIRMAN	2.00	Officer Director	$0	$0	$0
LUCY CADENAS	IMMEDIATE PAST CHAIRMAN	2.00	Director	$0	$0	$0
LIZZY DE LA GARZA- PUTEGNAT	INCOMING CHAIRMAN	2.00	Director	$0	$0	$0
ALEX AMBRIZ	SECRETARY	2.00	Officer Director	$0	$0	$0
MICHELLE FRANCO-MAR	TREASURER	2.00	Officer Director	$0	$0	$0
JUAN ARROYO	DIRECTOR	2.00	Director	$0	$0	$0
ANITA BOSWELL	DIRECTOR	2.00	Director	$0	$0	$0
JEFFREY PATTERSON	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER BARTNESKY-SMITH	DIRECTOR	2.00	Director	$0	$0	$0
ERIC DELGADO	DIRECTOR	2.00	Director	$0	$0	$0
TODD MANN	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER COLTON	DIRECTOR	2.00	Director	$0	$0	$0
JAVIER DE LEON	CEO	40.00	Officer	$96,865	$0	$96,865

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	$421,252	$458,238	$697,780	$-36,986
2023	$475,037	$440,985	$742,458	$34,052
2022	$443,086	$432,523	$718,049	$10,563
2021	$534,945	$368,637	$718,390	$166,308
2020	$424,632	$476,907	$603,656	$-52,275
2019	$522,104	$581,529	$457,700	$-59,425
2018	$514,084	$532,471	$520,150	$-18,387

HARLINGEN AREA CHAMBER OF COMMERCE