HONDO AREA CHAMBER OF COMMERCE (EIN 740689685) - 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

1944

Legal Domicile

Principal Officer

JONATHAN PETERSON

Phone

8304263037

Tax Period

2024-01-01 to 2024-12-31

HONDO AREA CHAMBER OF COMMERCE, founded in 1944, is a small nonprofit that reported $211K in total revenue in fiscal year 2024.

Mission

CHAMBER OF COMMERCE'S MISSION IS TO ENHANCE THE GROWING BUSINESS CLIMATE AND PROMOTE VITALITY AND QUALITY OF LIFE IN THE HONDO, TX 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 (2024)

Revenue Breakdown

Contributions & Grants $120,242

Program Service Revenue $75,588

Investment Income $259

Other Revenue $15,190

TOTAL REVENUE $211,279

Expense Breakdown

Grants Paid $0

Salaries & Benefits $94,478

Fundraising Expenses $0

Other Expenses $125,262

TOTAL EXPENSES $225,715

Year-over-Year Comparison

	2024	2023	Change
Revenue	$211,279	$195,969	+0.1%
Expenses	$225,715	$225,049	+0.0%
Net Income	$-14,436	$-29,080	-0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN PETERSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
GUY DAVIS	VICE-PRESIDE	2.00	Officer Director	$0	$0	$0
KEITH HOWARD	TREASURER	2.00	Officer Director	$0	$0	$0
ROSE MARY MARES	SECRETARY	2.00	Officer Director	$0	$0	$0
STEPHANIE LAUGHINGHOUSE	DIRECTOR	1.00	Director	$0	$0	$0
JOEL GONZALES	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY BELL	DIRECTOR	1.00	Director	$0	$0	$0
ELLIE GEAR	DIRECTOR	1.00	Director	$0	$0	$0
RHETT BUTLER	DIRECTOR	1.00	Director	$0	$0	$0
JULIE EITZE	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA SAATHOFF	DIRECTOR	1.00	Director	$0	$0	$0
JIMMY DIXON	DIRECTOR	1.00	Director	$0	$0	$0
CAMERON GARCIA	DIRECTOR	1.00	Director	$0	$0	$0
JULIA KRAEMER	DIRECTOR	1.00	Director	$0	$0	$0
DOUG SELF	DIRECTOR	1.00	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
2024	$211,279	$225,715	$103,786	$-14,436
2023	$195,969	$225,049	$118,249	$-29,080
2022	$206,038	$193,361	$147,526	$12,677

HONDO AREA CHAMBER OF COMMERCE