Harker Heights Chamber of Commerce Inc

EIN: 742514197

Harker Heights, TX

Total Revenue
$331,738
Total Expenses
$378,717
Total Assets
$186,397
Net Assets
$186,185
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
TX
Phone
2546994999
Tax Period
2023-01-01 to 2023-12-31

Harker Heights Chamber of Commerce Inc, founded in 1988, is a small nonprofit that reported $332K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $379K exceeded revenue, resulting in a 14% operating deficit.

Mission

To promote business and other opportunities for the citizens of Harker Heights and neighboring communities.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $54,375
Program Service Revenue $219,301
Investment Income $1,609
Other Revenue $56,453
TOTAL REVENUE $331,738

Expense Breakdown

Grants Paid $0
Salaries & Benefits $175,497
Fundraising Expenses $0
Program Expenses $84,466
Other Expenses $203,220
TOTAL EXPENSES $378,717

Year-over-Year Comparison

2023 2022 Change
Revenue $331,738 $369,205 -0.1%
Expenses $378,717 $328,328 +0.2%
Net Income $-46,979 $40,877 -2.1%
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

Sign In

Governance

Voting Members
15
Independent Members
14
Employees
5
Volunteers
100

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
5
$73,500
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gina Pence President 40.00
Officer
$73,500 $0 $73,500
Kyle Skinner Board Member 1.00
Director
$0 $0 $0
Edward Kelsey Board Member 1.00
Director
$0 $0 $0
Annie Cooper Board Member 1.00
Director
$0 $0 $0
Melanie Baak Board Member 1.00
Director
$0 $0 $0
Jerry Bark Asst City Mgr 1.00
Director
$0 $0 $0
Julie Nelson Board Member 1.00
Director
$0 $0 $0
Gabriel Ramirez Board Member 1.00
Director
$0 $0 $0
Jim McKinnon Board Member 1.00
Director
$0 $0 $0
Byron Landor Board Member 1.00
Director
$0 $0 $0
Bobby Whitson Board Member 1.00
Director
$0 $0 $0
Matt Yowell Board Member 1.00
Director
$0 $0 $0
David Mitchell City Manager 1.00
Director
$0 $0 $0
Michael Blomquist Mayor 1.00
Director
$0 $0 $0
Cyd West Treasurer 1.00
Officer
$0 $0 $0
Christopher Egizio Chairman 1.00
Officer
$0 $0 $0
Diane Walters Past Chair 1.00
Officer
$0 $0 $0
Kelly Brown Vice Chair 1.00
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 No data No data No data No data
2023 $331,738 $378,717 $186,397 $-46,979
2022 $369,205 $328,328 $229,686 $40,877
2021 $324,059 $256,123 $197,747 $67,936
2020 $280,023 $287,910 $125,979 $-7,887
2019 $388,100 $378,963 $158,152 $9,137
2018 $345,717 $355,957 $130,434 $-10,240
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Harker Heights Chamber of Commerce Inc with other nonprofits in Texas and across the country.