LAPORTE BAYSHORE CHAMBER OF COMMERCE (EIN 741698943) - 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

1981

Legal Domicile

Principal Officer

JEFF MARTIN

Phone

2814711123

Tax Period

2024-01-01 to 2024-12-31

LAPORTE BAYSHORE CHAMBER OF COMMERCE, founded in 1981, is a small nonprofit that reported $499K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $452K left a modest 10% surplus.

Mission

PROMPT PUBLIC AWARENESS AND BUSINESS DESIREABILITY OF LAPORTE AND SURROUNDING COMMUNITIES OF THE GALVESTON, TX BAY AREA BY PROIDING PAMPHLETS, LITERATURE, SCHOLARSHIPS AND ORGANIZING FESTIVALS AND COMMUNITY GATHERINGS AND PROVIDE A GATEWAY OF COMMUNICATION BETWEEN BUSINESS AND THE LOCAL MUNICIPALITIES AND SCHOOL SYSTEM.

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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 $169,383

Program Service Revenue $206,259

Investment Income $14,761

Other Revenue $108,927

TOTAL REVENUE $499,330

Expense Breakdown

Grants Paid $25,500

Salaries & Benefits $261,174

Fundraising Expenses $44,615

Program Expenses $167,010

Other Expenses $165,061

TOTAL EXPENSES $451,735

Year-over-Year Comparison

	2024	2023	Change
Revenue	$499,330	$867,200	-0.4%
Expenses	$451,735	$787,241	-0.4%
Net Income	$47,595	$79,959	-0.4%

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

150

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

$134,245

Total Directors

$134,245

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF MARTIN	President	40.00	Officer Director	$134,245	$0	$134,245
AUSTIN LLOYD	Director	4.00	Officer Director	$0	$0	$0
BOB BRADSHAW	Director	4.00	Officer Director	$0	$0	$0
MARK BOOKMYER	Director	4.00	Director	$0	$0	$0
PRESTON BEARDEN	Chairman	4.00	Officer Director	$0	$0	$0
AMANADA DEALEJANDRO	Executive Dir.	4.00	Officer Director	$0	$0	$0
ANGELA THATCHER	Executive Dir.	4.00	Officer Director	$0	$0	$0
MICHELLE THOMAS	Executive Dir.	4.00	Officer Director	$0	$0	$0
SCOTT HALBROOKS	Director	4.00	Director	$0	$0	$0
BRANDON LUNSFORD	Director	4.00	Director	$0	$0	$0
BETH BRADY	Director	4.00	Director	$0	$0	$0
SCOTT GERNANDER	Director	4.00	Director	$0	$0	$0
SHANNON COTHAM	Director	4.00	Director	$0	$0	$0
BRENDA THOMPSON	Director	4.00	Director	$0	$0	$0
KELLY GREEN	Director	4.00	Director	$0	$0	$0
ALI HAGER	Director	4.00	Director	$0	$0	$0
CHAD WARDEN	Director	4.00	Director	$0	$0	$0
DAUSHA MOORE-WRIGHT	Director	4.00	Director	$0	$0	$0
DERRIN RIDDICK	Director	4.00	Director	$0	$0	$0
JAMES PERRIN	Director	4.00	Officer Director	$0	$0	$0
LA'JASMINE FITCH	Director	4.00	Director	$0	$0	$0
CLINT DUBEC	Director	4.00	Director	$0	$0	$0
SHEREE TURNAGE	Director	4.00	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	$499,330	$451,735	$511,827	$47,595
2023	$867,200	$787,241	$447,037	$79,959
2022	$818,575	$726,773	$374,254	$91,802
2021	$787,774	$640,894	$291,393	$146,880
2020	$495,074	$438,663	$139,516	$56,411
2019	$577,009	$555,671	$83,781	$21,338
2018	$573,347	$549,527	$61,679	$23,820

LAPORTE BAYSHORE CHAMBER OF COMMERCE