GRANBURY CHAMBER OF COMMERCE INC

EIN: 751903421

GRANBURY, TX

Total Revenue
$596,227
Total Expenses
$601,188
Total Assets
$576,137
Net Assets
$527,053
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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
1983
Legal Domicile
TX
Principal Officer
HOLLY MARTIN
Phone
8175731622
Tax Period
2024-01-01 to 2024-12-31

GRANBURY CHAMBER OF COMMERCE INC, founded in 1983, is a small nonprofit that reported $596K in total revenue in fiscal year 2024.

Mission

TO PROVIDE LEADERSHIP THAT STRENTHENS AND PROMOTES THE OVERALL ECONOMIC SUCCESS OF OUR COMMUNITY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $54,986
Program Service Revenue $501,303
Investment Income $3,358
Other Revenue $36,580
TOTAL REVENUE $596,227

Expense Breakdown

Grants Paid $0
Salaries & Benefits $309,510
Fundraising Expenses $0
Other Expenses $291,678
TOTAL EXPENSES $601,188

Year-over-Year Comparison

2024 2023 Change
Revenue $596,227 $555,696 +0.1%
Expenses $601,188 $590,035 +0.0%
Net Income $-4,961 $-34,339 -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

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Governance

Voting Members
19
Independent Members
19
Employees
8
Volunteers
250

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
3
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOLLY MARTIN PRESIDENT/CE 40.00
Officer Director
$0 $0 $0
STEVEN KUBAN CHAIRMAN 2.00
Officer Director
$0 $0 $0
JEREMY GLENN PAST CHAIR 2.00
Director
$0 $0 $0
DIANE HEDGES CHAIR ELECT 2.00
Director
$0 $0 $0
DEBBIE TEMPLE TREASURER 2.00
Officer Director
$0 $0 $0
TONY MOBLY BOARD MEMBER 2.00
Director
$0 $0 $0
JC STONE BOARD MEMBER 2.00
Director
$0 $0 $0
CHAD AMMONS BOARD MEMBER 2.00
Director
$0 $0 $0
BRET DEASON BOARD MEMBER 2.00
Director
$0 $0 $0
TAMMY DOOLEY BOARD MEMBER 2.00
Director
$0 $0 $0
MADISON NORTHCUTT BOARD MEMBER 2.00
Director
$0 $0 $0
MATT BUFKIN BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID ORCUTT BOARD MEMBER 2.00
Director
$0 $0 $0
TOM JENSEN BOARD MEMBER 2.00
Director
$0 $0 $0
LEE OVERSTREET BOARD MEMBER 2.00
Director
$0 $0 $0
RANDY PEARSON BOARD MEMBER 2.00
Director
$0 $0 $0
SAM HOUSTON BOARD MEMBER 2.00
Director
$0 $0 $0
KELSEY WALLEN BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID DAVIS BOARD MEMBER 2.00
Director
$0 $0 $0
LISA OLIVER BOARD MEMBER 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 $596,227 $601,188 $576,137 $-4,961
2023 $555,696 $590,035 $563,278 $-34,339
2022 $513,264 $534,292 $582,111 $-21,028
2021 $566,181 $638,984 $745,805 $-72,803
2020 $619,083 $594,906 $831,166 $24,177
2019 $598,870 $546,633 $756,326 $52,237
2018 $517,606 $491,944 $701,792 $25,662
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