GRAND PRAIRIE 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

1945

Legal Domicile

Principal Officer

BRIAN BONDY

Phone

9722641885

Tax Period

2024-01-01 to 2024-12-31

GRAND PRAIRIE CHAMBER OF COMMERCE, founded in 1945, is a small nonprofit that reported $486K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $552K exceeded revenue, resulting in a 13% operating deficit.

Mission

Promote, strengthen and expand the business community

Program Service Accomplishments

Program 1

Expenses: $45,292

Foster relationships between the business community and the City of Grand Prairie.

Program 2

Expenses: $44,893

Provide members with pertinent information as well as networking and other business opportunities.

Program 3

Expenses: $42,882

Assist and encourage the community's workforce to obtain the skill level necessary to be employable in the area economy.

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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 $0

Program Service Revenue $485,184

Investment Income $1,157

Other Revenue $0

TOTAL REVENUE $486,341

Expense Breakdown

Grants Paid $0

Salaries & Benefits $273,071

Fundraising Expenses $0

Program Expenses $151,391

Other Expenses $278,809

TOTAL EXPENSES $551,880

Year-over-Year Comparison

	2024	2023	Change
Revenue	$486,341	$538,176	-0.1%
Expenses	$551,880	$526,579	+0.0%
Net Income	$-65,539	$11,597	-6.7%

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

N/A

Employees

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN BONDY	President & CEO	50.00	Officer Director	$0	$0	$0
Stacie Grudecki	Treasurer	4.00	Director	$0	$0	$0
MARK FORD	Chairman	2.00	Director	$0	$0	$0
Bill Moser	Director	2.00	Director	$0	$0	$0
Richard Whitman	Director	2.00	Director	$0	$0	$0
Michelle Burton	Director	2.00	Director	$0	$0	$0
Rachel Rotella	Director	2.00	Director	$0	$0	$0
Robin Mota	Director	2.00	Director	$0	$0	$0
Sara Dedeluk	Director	2.00	Director	$0	$0	$0
Brenda Rueland	Director	2.00	Director	$0	$0	$0
Greg Joiner	Director	2.00	Director	$0	$0	$0
Brent Shropshire	Director	2.00	Director	$0	$0	$0
Ron Drury	Director	2.00	Director	$0	$0	$0
Vivian Morris	Director	2.00	Director	$0	$0	$0
Alex Villegas	Director	2.00	Director	$0	$0	$0
David Barrientos	Director	2.00	Director	$0	$0	$0
Michael Garcia	Director	2.00	Director	$0	$0	$0
Martin Caballero	Director	2.00	Director	$0	$0	$0
Christian Garza	Director	2.00	Director	$0	$0	$0
Aniska Douglas	Director	2.00	Director	$0	$0	$0
Barry Sanders	Director	2.00	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	$486,341	$551,880	$484,127	$-65,539
2023	$538,176	$526,579	$545,434	$11,597
2022	$491,274	$499,891	$561,747	$-8,617
2021	$459,679	$444,348	$601,339	$15,331
2020	$390,854	$446,268	$599,806	$-55,414
2019	$558,428	$538,138	$535,322	$20,290
2018	$627,456	$534,729	$519,526	$92,727