WACO CHAMBER OF COMMERCE COMMUNITY DEV (EIN 752420690) - Form 990 Financial Analysis & Trantor Score

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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

1989

Legal Domicile

Principal Officer

Matthew Meadors

Phone

2547575609

Tax Period

2024-01-01 to 2024-12-31

WACO CHAMBER OF COMMERCE COMMUNITY DEV, founded in 1989, is a small nonprofit in the Community Improvement sector that reported $386K in total revenue in fiscal year 2024. Expenses of $442K exceeded revenue, resulting in a 15% operating deficit.

Mission

EDUCATIONAL

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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 $204,453

Program Service Revenue $78,711

Investment Income $19,260

Other Revenue $84,000

TOTAL REVENUE $386,424

Expense Breakdown

Grants Paid $242,833

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $364,177

Other Expenses $199,659

TOTAL EXPENSES $442,492

Year-over-Year Comparison

	2024	2023	Change
Revenue	$386,424	$377,600	+0.0%
Expenses	$442,492	$443,573	0.0%
Net Income	$-56,068	$-65,973	-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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT MEADORS	PRESIDENT	2.00	Officer Director	$0	$0	$0
RICK TULLIS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JENNIFER MANNING	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
CAROLYN HAFERKAMP	DIRECTOR	1.00	Director	$0	$0	$0
MARK REYNOLDS	DIRECTOR	1.00	Director	$0	$0	$0
LOREN SCHWARTZ	DIRECTOR	1.00	Director	$0	$0	$0
G MICHAEL REITMEIER	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE CHASE	DIRECTOR	1.00	Director	$0	$0	$0
ED PAGE	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	$386,424	$442,492	$2,913,476	$-56,068
2023	$377,600	$443,573	$2,903,527	$-65,973
2022	$360,688	$369,576	$2,960,683	$-8,888
2021	$380,407	$424,363	$3,029,787	$-43,956
2020	$238,290	$321,355	$3,006,570	$-83,065
2019	$280,775	$379,452	$3,063,635	$-98,677
2018	$313,780	$426,564	$3,138,312	$-112,784

WACO CHAMBER OF COMMERCE COMMUNITY DEV