SOUTH PADRE ISLAND CHAMBER OF COMMERCE (EIN 742572775) - 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

1989

Legal Domicile

Phone

9567614412

Tax Period

2024-10-01 to 2025-09-30

SOUTH PADRE ISLAND CHAMBER OF COMMERCE, founded in 1989, is a small nonprofit that reported $462K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $93K, a strong 20% operating margin.

Mission

THE SOUTH PADRE ISLAND CHAMBER OF COMMERCE IS A MEMBERSHIP BASED NON-PROFIT BUSINESS ORGANIZED TO ADVANCE THE BUSINESS INTERESTS OF ITS MEMBERS MAKING SOUTH PADRE ISLAND, TEXAS A PREMIER LOCATION TO LIVE, WORK, VACATION AND DO BUSINESS.

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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 $143,846

Program Service Revenue $192,126

Investment Income $7,355

Other Revenue $118,260

TOTAL REVENUE $461,587

Expense Breakdown

Grants Paid $0

Salaries & Benefits $198,629

Fundraising Expenses $27,808

Program Expenses $255,554

Other Expenses $169,911

TOTAL EXPENSES $368,540

Year-over-Year Comparison

	2024	2023	Change
Revenue	$461,587	$419,596	+0.1%
Expenses	$368,540	$370,169	0.0%
Net Income	$93,047	$49,427	+0.9%

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

125

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

$60,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEANETTE GREIDER	President & CEO	40.00	Officer	$60,800	$0	$60,800
SAMMI KAYE BOWERS	Director	1.00	Director	$0	$0	$0
GLENN MCKINLAY	Director	1.00	Director	$0	$0	$0
MICKEY FURCRON	Director	1.00	Director	$0	$0	$0
DARLA LAPEYRE	EX-OFFICIO	1.00	Director	$0	$0	$0
ANDREA BENTON	Director	1.00	Director	$0	$0	$0
RANDY SMITH	EX-OFFICIO	1.00	Director	$0	$0	$0
WENDY KNIGHT	Chairman	2.00	Officer Director	$0	$0	$0
JIM ENHOLM	MEMBER AT LARGE	2.00	Officer Director	$0	$0	$0
JACQUI DEMPSEY	PAST CHAIR	2.00	Officer Director	$0	$0	$0
LISA GRAVES	Director	1.00	Director	$0	$0	$0
JERI GARRETT	Director	1.00	Director	$0	$0	$0
JOE E VEGA	EX-OFFICIO	1.00	Director	$0	$0	$0
ROD HUNTER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ALYCEN LACOMBE	Director	1.00	Director	$0	$0	$0
SAM SALDANA	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
2025	$461,587	$368,540	$1,147,775	$93,047
2024	$419,596	$370,169	$1,058,457	$49,427
2023	$394,739	$313,269	$527,601	$81,470
2022	$369,470	$302,920	$415,821	$66,550
2021	$315,403	$288,917	$310,006	$26,486
2020	$299,975	$308,478	$223,409	$-8,503
2019	$339,203	$323,863	$160,464	$15,340

SOUTH PADRE ISLAND CHAMBER OF COMMERCE