ANGLETON CHAMBER OF COMMERCE

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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

1958

Legal Domicile

Principal Officer

GINA LANGLINAIS

Phone

9798496443

Tax Period

2023-01-01 to 2023-12-31

ANGLETON CHAMBER OF COMMERCE, founded in 1958, is a small nonprofit that reported $383K in total revenue in fiscal year 2023. Net assets of $844K represent 26 months of operating reserves.

Mission

TO ENHANCE ECONOMIC GROWTH BY FOCUSING ON EDUCATION, CONNECTIVITY, AND STRENGTHENING THE HEARTBEAT OF OUR BUSINESS COMMUNITY.

Program Service Accomplishments

Program 1

LEADING ANGLETON AND BRAZORIA COUNTY AS THE "COMMUNITY OF CHOICE" FOR BUSINESS AND FAMILY.

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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 $6,075

Program Service Revenue $135,295

Investment Income $6,111

Other Revenue $235,382

TOTAL REVENUE $382,863

Expense Breakdown

Grants Paid $0

Salaries & Benefits $191,156

Fundraising Expenses $0

Other Expenses $192,828

TOTAL EXPENSES $383,984

Year-over-Year Comparison

	2023	2022	Change
Revenue	$382,863	$389,775	0.0%
Expenses	$383,984	$325,159	+0.2%
Net Income	$-1,121	$64,616	-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

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
AMY CONDON	TREASURER	N/A	Officer Director	$0	$0	$0
PATTY CRYAN	VICE CHAIR	N/A	Officer Director	$0	$0	$0
KRIS DEVRIES	DIRECTOR	N/A	Director	$0	$0	$0
BILL FONDREN	VICE CHAIR	N/A	Officer Director	$0	$0	$0
SHANE JENNINGS	PAST CHAIR	N/A	Officer Director	$0	$0	$0
BREAH KNAPE	DIRECTOR	N/A	Director	$0	$0	$0
GINA LANGLINAIS	BOARD CHAIR	N/A	Officer Director	$0	$0	$0
ANTHONY MASON	DIRECTOR	N/A	Director	$0	$0	$0
RONNI MATHEWS	DIRECTOR	N/A	Director	$0	$0	$0
CHRISTI MCCRACKEN	VICE CHAIR	N/A	Officer Director	$0	$0	$0
BRIDGET MILLER	DIRECTOR	N/A	Director	$0	$0	$0
KAILEY PEREZ	VICE CHAIR	N/A	Officer Director	$0	$0	$0
BETH REIMSCHISSEL	CHAIR ELECT	N/A	Officer Director	$0	$0	$0
MARK SOILEAU	VICE CHAIR	N/A	Officer Director	$0	$0	$0
HEATHER OGBURN STOKES	DIRECTOR	N/A	Director	$0	$0	$0
TRISH THOMPSON	VICE CHAIR	N/A	Officer Director	$0	$0	$0
SHARON TROWER	DIRECTOR	N/A	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	$382,863	$383,984	$999,599	$-1,121
2022	$389,775	$325,159	$991,853	$64,616
2021	$436,034	$366,581	$1,008,689	$69,453
2020	$438,073	$451,273	$997,375	$-13,200
2019	$461,974	$394,461	$847,659	$67,513
2018	$422,671	$422,522	$823,864	$149