Lockhart Chamber of Commerce (EIN 740750055) - Form 990 Financial Analysis & Trantor Score

🔒

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

Formation Year

1940

Legal Domicile

Principal Officer

James W Smith

Phone

5123982818

Tax Period

2023-01-01 to 2023-12-31

Lockhart Chamber of Commerce, founded in 1940, is a small nonprofit that reported $735K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $140K, a strong 19% operating margin.

Mission

Promotion of local commerce

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $534,124

Program Service Revenue $0

Investment Income $200,441

Other Revenue $0

TOTAL REVENUE $734,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $106,737

Fundraising Expenses $0

Other Expenses $487,822

TOTAL EXPENSES $594,559

Year-over-Year Comparison

	2023	2022	Change
Revenue	$734,565	$981,380	-0.3%
Expenses	$594,559	$407,606	+0.5%
Net Income	$140,006	$573,774	-0.8%

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

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

$57,880

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Missy Hagan	Past Chairperson	1.00	Officer Director	$0	$0	$0
Kim Clifton	Director of Operation	40.00	Officer	$0	$0	$57,880
Eric Dehoyos	Co-Chairperson	1.00	Officer Director	$0	$0	$0
Suzy Falgout	Director	1.00	Director	$0	$0	$0
James Winn Smith	Chairperson	1.00	Officer Director	$0	$0	$0
Christine Ohlendorf	Director	1.00	Director	$0	$0	$0
Elizabeth Schmidtberger	Director	1.00	Director	$0	$0	$0
Darla Damron	Director	1.00	Director	$0	$0	$0
Brian Alvey	Director	1.00	Director	$0	$0	$0
Hoppy Hayden	Director	1.00	Director	$0	$0	$0
Steven Lewis	Director	1.00	Director	$0	$0	$0
Mike Kamerlander	Director	1.00	Director	$0	$0	$0
Mark Estrada	Director	1.00	Director	$0	$0	$0
Rob Ortiz	Director	1.00	Director	$0	$0	$0
James Bowman	Director	1.00	Director	$0	$0	$0
Greg Neal	Director	1.00	Director	$0	$0	$0
Joanna Gilland	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	No data	No data	No data	No data
2023	$734,565	$594,559	$501,955	$140,006
2022	$981,380	$407,606	$453,680	$573,774
2021	$457,226	$303,164	$417,560	$154,062
2020	$203,832	$187,636	$280,660	$16,196
2019	$173,107	$171,165	$270,693	$1,942
2018	$155,420	$177,703	$275,394	$-22,283

Lockhart Chamber of Commerce