WICHITA FALLS, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WICHITA FALLS CHAMBER OF COMMERCE AND INDUSTRY, founded in 1926, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $1.7M exceeded revenue, resulting in a 11% operating deficit.
THE ORGANIZATION'S MISSION IS (1)TO PROMOTE TOTAL COMMUNITY DEVELOPMENT IN THE CITY OF WICHITA FALLS, TEXAS AND THE REGION AND TO COORDINATE AND MOBILIZE THE AGGREGATE MANPOWER AND RESOURCES AVAILABLE FOR SUCH TOTAL COMMUNITY AND REGIONAL DEVELOPMENT;(2)TO PROMOTE BUSINESS INTERESTS IN THE CITY OF WICHITA FALLS, TEXAS AND THE REGION, INCLUDING RENDERING FINANCIAL AND OTHER ASSISTANCE TO THE MANUFACTURING, INDUSTRIAL, SCIENTIFIC, EDUCATIONAL, GOVERNMENTAL AND BUSINESS ENTERPRISES SITUATED IN THE CITY OF WICHITA FALLS, TEXAS AND THE REGION; AND (3)TO INDUCE THE LOCATION IN THE CITY OF WICHITA FALLS, TEXAS AND THE REGION OF OTHER MANUFACTURING, INDUSTRIAL, SCIENTIFIC, EDUCATIONAL, GOVERNMENTAL AND BUSINESS ESTABLISHMENTS.
CHAMBER SERVICES INCLUDE HELPING EXISTING SECONDARY EMPLOYERS MAINTAIN AND BUILD THEIR PROFITABILITY.
ECONOMIC DEVELOPMENT INCLUDES MAINTAINING AND BUILDING A ROBUST LOCAL ECONOMY BY RETAINING AND EXPANDING EXISTING INDUSTRIES, AS WELL AS PROMOTING BUSINESS EXPANSION AND ATTRACTING NEW EMPLOYERS.
ADDITIONAL CHAMBER SERVICES INCLUDE WORKING WITH SHEPPARD AIR FORCE BASE AND PROVIDING RESOURCES FOR BUSINESS AND COMMUNITY DEVELOPMENT THROUGH VARIOUS SPECIAL EVENTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,530,271 | $1,661,677 | -0.1% |
| Expenses | $1,692,007 | $1,769,516 | 0.0% |
| Net Income | $-161,736 | $-107,839 | +0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RONNIE R KITCHEN | PRESIDENT | 40.00 |
Officer
|
$0 | $0 | $0 |
| COLBY SCHWARTZ | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRAD RODGERS | VICE CHAIR | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| GORDON DRAKE | PAST CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JERRY MCGEE | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| OKU OKEKE | SECRETARY | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT FLINN | AT-LARGE MEMBER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STACIA HAYNIE | AT-LARGE MEMBER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LACEY MORGAN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TRACY BARRELLS | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GONZALO ROBLES | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLY FRISTOE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TYLER METHVIN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERTO RODRIGUEZ | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RUBEN RODRIGUEZ | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR SHELLEY SWEATT | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GLENN BARHAM | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PHYLLIS COWLING | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES FRANK | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM JOHNSON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR DUSTY JOHNSTON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TANJA ROBINSON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DARRON LEIKER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PAM HUGHES PAK | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NICK SCHREIBER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR DONNY LEE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN BLAIR | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE DIETRICH | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRAD ORGERON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAMON WHATLEY | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,530,271 | $1,692,007 | $1,206,256 | $-161,736 |
| 2023 | $1,661,677 | $1,769,516 | $1,344,829 | $-107,839 |
| 2022 | $1,479,960 | $1,458,542 | $1,523,570 | $21,418 |
| 2021 | $1,540,786 | $1,488,762 | $1,154,320 | $52,024 |
| 2020 | $1,432,636 | $1,481,122 | $1,169,521 | $-48,486 |
| 2019 | $1,551,832 | $1,467,791 | $1,221,319 | $84,041 |
| 2018 | $1,530,122 | $1,510,136 | $1,098,607 | $19,986 |
Compare WICHITA FALLS CHAMBER OF COMMERCE AND INDUSTRY with other nonprofits in Texas and across the country.