SONORA CHAMBER OF COMMERCE (EIN 752341608) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1958

Legal Domicile

Principal Officer

DONNA GARRETT

Phone

3253872880

Tax Period

2023-10-01 to 2024-09-30

SONORA CHAMBER OF COMMERCE, founded in 1958, is a small nonprofit that reported $174K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $160K left a modest 9% surplus.

Mission

THE PURPOSE OF THE SONORA CHAMBER OF COMMERCE IS TO CONTINUE DEVELOPING AN ECONOMICALLY PROSPEROUS BUSINESS DISTRICT WHILE MAINTAINING THE CHARACTER AND INTEGRITY OF HISTORIC SONORA, MAKING IT THE "HEARTBEAT" OF THE COMMUNITY, THROUGH A UNITED EFFORT TO PROMOTE COMMERCE, CULTURE, TRADE, GOOD FELLOWSHIP AND COOPERATIVE RELATIONSHIPS AMIDST DIVERSE INDIVIDUALS AND BUSINESSES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $88,591

Program Service Revenue $76,013

Investment Income $542

Other Revenue $9,328

TOTAL REVENUE $174,474

Expense Breakdown

Grants Paid $0

Salaries & Benefits $46,729

Fundraising Expenses $0

Program Expenses $140,349

Other Expenses $112,856

TOTAL EXPENSES $159,585

Year-over-Year Comparison

	2023	2022	Change
Revenue	$174,474	$203,588	-0.1%
Expenses	$159,585	$194,133	-0.2%
Net Income	$14,889	$9,455	+0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$42,920

Total Directors

$430

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BECCA LOVE	PRESIDENT	40.00	Officer Director	$0	$0	$0
ANGIE BRYANT	SECRETARY	40.00	Officer Director	$0	$0	$0
BRENDA MUNGIA	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN LITTERELL	DIRECTOR	1.00	Director	$0	$0	$0
MAKAYLA SNYDER	DIRECTOR	1.00	Director	$430	$0	$430
WHITT PEASLEE	DIRECTOR	1.00	Director	$0	$0	$0
GLYNDEE VALLEY	DIRECTOR	1.00	Director	$0	$0	$0
SANDY GLOVER	DIRECTOR	1.00	Director	$0	$0	$0
MARIO LIRA	DIRECTOR	1.00	Director	$0	$0	$0
DONNA GARRETT	EXECUTIVE DIREC	40.00	Officer	$42,920	$0	$42,920

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	$174,474	$159,585	$113,413	$14,889
2023	$203,588	$194,133	$99,379	$9,455
2022	$188,075	$176,497	$89,126	$11,578
2021	$141,449	$144,151	$78,387	$-2,702
2020	$116,721	$96,457	$81,549	$20,264
2019	$256,396	$259,214	$62,217	$-2,818
2018	$185,121	$220,424	$78,771	$-35,303

SONORA CHAMBER OF COMMERCE