POSSUM KINGDOM 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

1987

Legal Domicile

Principal Officer

SUE CATHEY

Phone

9407792424

Tax Period

2023-10-01 to 2024-09-30

POSSUM KINGDOM CHAMBER OF COMMERCE, founded in 1987, is a small nonprofit that reported $510K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $79K, a strong 16% operating margin.

Mission

TO PROMOTE ECONOMIC GROWTH & TOURISM DEVELOPMENT IN POSSUM KINGDOM LAKE, TEXAS AND SURROUNDING AREAS

Program Service Accomplishments

Program 1

SPECIAL EVENTS AND ATTRACTIONS TO ATTRACT VISITORS AND BUSINESSES TO PROMOTE ECONOMIC GROWTH AND TOURISM IN THE POSSUM KINGDOM LAKE AREA.

Program 2

PUBLICATION OF COMMUNITY VISITOR GUIDE

Program 3

N/A

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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 (2023)

Revenue Breakdown

Contributions & Grants $258,372

Program Service Revenue $241,212

Investment Income $8,622

Other Revenue $1,940

TOTAL REVENUE $510,146

Expense Breakdown

Grants Paid $18,918

Salaries & Benefits $74,542

Fundraising Expenses $0

Other Expenses $337,531

TOTAL EXPENSES $430,991

Year-over-Year Comparison

	2023	2022	Change
Revenue	$510,146	$445,724	+0.1%
Expenses	$430,991	$348,001	+0.2%
Net Income	$79,155	$97,723	-0.2%

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

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
SUE CATHEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
LESA PAWLEY	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN BURNEY	1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RONNIE RANFT	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KIM NUSSBAUM	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
HEATHER LINDLEY	DIRECTOR	1.00	Director	$0	$0	$0
STEVE HIMES	DIRECTOR	1.00	Director	$0	$0	$0
MAGYN WHITAKER	DIRECTOR	1.00	Director	$0	$0	$0
DAVE SMITH	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
2024	$510,146	$430,991	$801,800	$79,155
2023	$445,724	$348,001	$727,383	$97,723
2022	$453,314	$316,629	$625,365	$136,685
2021	$363,055	$303,598	$489,247	$59,457
2020	$352,024	$279,246	$432,405	$72,778