LA VERNIA CHAMBER OF COMMERCE

🔒

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

1950

Legal Domicile

Phone

8305349241

Tax Period

2024-01-01 to 2024-12-31

LA VERNIA CHAMBER OF COMMERCE, founded in 1950, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

PUBLIC SUPPORT/STUDENT PROGRAMS

Program Service Accomplishments

Program 1

Expenses: $1,089,905 Revenue: $1,121,440

THE RURAL COMMUNITY STOCK SHOW IS AN ANNUAL EVENT DESIGNED TO PROMOTE AND CELEBRATE THE AGRICULTURAL HERITAGE OF OUR LOCAL COMMUNITY WHILE FOSTERING YOUTH DEVELOPMENT AND COMMUNITY ENRICHMENT. THIS EVENT PROVIDES A PLATFORM FOR LOCAL AGRICULTURAL PRODUCERS AND YOUTH TO SHOWCASE THEIR LIVESTOCK AND AGRICULTURAL PROJECTS, ENHANCING PUBLIC AWARENESS OF RURAL AGRICULTURAL PRACTICES AND THE IMPORTANCE OF SUSTAINABLE FARMING.

Program 2

Expenses: $3,500

$500 SCHOLARSHIPS TO 7 STUDENTS FOR COLLEGE TOTALLING $3,500.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $9,033

Program Service Revenue $1,121,440

Investment Income $700

Other Revenue $22,213

TOTAL REVENUE $1,153,386

Expense Breakdown

Grants Paid $3,500

Salaries & Benefits $0

Fundraising Expenses $8,343

Program Expenses $1,093,405

Other Expenses $1,159,379

TOTAL EXPENSES $1,162,879

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,153,386	$1,033,988	+0.1%
Expenses	$1,162,879	$1,045,438	+0.1%
Net Income	$-9,493	$-11,450	-0.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
GARY SKRYZCKI	PRESIDENT	Officer	$0	$0	$0
KEITH WILDENSTEIN	VICE PRESIDENT	Officer	$0	$0	$0
CHRYSTAL COBLE	SECRETARY	Officer	$0	$0	$0
CHARITY SCHROEDER	TREASURER	Officer	$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	$1,153,386	$1,162,879	$266,237	$-9,493
2023	$1,033,988	$1,045,438	$283,457	$-11,450
2022	$54,527	$37,730	$325,852	$16,797
2021	$34,986	$27,590	$313,697	$7,396
2020	$38,689	$58,396	$313,705	$-19,707