GREATER MAGNOLIA PARKWAY CHAMBER OF COMMERCE (EIN 760102808) - 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

1983

Legal Domicile

Principal Officer

LAURIE CLIFTON

Phone

2813561488

Tax Period

2024-01-01 to 2024-12-31

GREATER MAGNOLIA PARKWAY CHAMBER OF COMMERCE, founded in 1983, is a small nonprofit that reported $288K in total revenue in fiscal year 2024.

Mission

THE GREATER MAGNOLIA CHAMBER OF COMMERCE ADVANCES ECONOMIC GROWTH IN THE COMMUNITY, PROVIDES ACCESS TO RESOURCES, AND ADVOCATES FOR BUSINESS

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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 $263,608

Program Service Revenue $20,542

Investment Income $0

Other Revenue $4,138

TOTAL REVENUE $288,288

Expense Breakdown

Grants Paid $0

Salaries & Benefits $167,242

Fundraising Expenses $53,906

Other Expenses $136,419

TOTAL EXPENSES $303,661

Year-over-Year Comparison

	2024	2023	Change
Revenue	$288,288	$290,664	0.0%
Expenses	$303,661	$261,611	+0.2%
Net Income	$-15,373	$29,053	-1.5%

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

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

$64,993

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURIE CLIFTON	PRESIDENT	1.00	Director	$64,993	$0	$64,993
TERRE ALBERT	CHAIRMAN OF THE BOARD	1.00	Director	$0	$0	$0
BILL BERGER	TREASURER	1.00	Director	$0	$0	$0
SHIRLEY JENSEN	SECRETARY	1.00	Director	$0	$0	$0
AARON MARSHALL	CHAIR ELECT	40.00	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	$288,288	$303,661	$186,145	$-15,373
2023	$290,664	$261,611	$197,896	$29,053
2022	$276,173	$265,273	$173,732	$10,900
2021	$279,106	$192,277	$180,418	$86,829
2020	$171,195	$147,316	$67,647	$23,879
2019	$213,550	$261,900	$26,626	$-48,350
2018	$294,445	$240,233	$51,273	$54,212

GREATER MAGNOLIA PARKWAY CHAMBER OF COMMERCE