PIEDMONT CHAMBER OF COMMERCE INC (EIN 832975589) - 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

2018

Legal Domicile

Principal Officer

STEPHANIE HARBISON

Phone

5732234046

Tax Period

2024-01-01 to 2024-12-31

PIEDMONT CHAMBER OF COMMERCE INC, founded in 2018, is a micro nonprofit in the Community Improvement sector that reported $50K in total revenue in fiscal year 2024. Expenses of $48K left a modest 4% surplus.

Mission

THE PIEDMONT AREA CHAMBER OF COMMERCE ADVOCATES AND REPRESENTS BUSINESSES' INTERESTS AND ISSUES AFFECTING THE COMMUNITY. WE PROVIDE THE ENVIRONMENT TO HELP OUR MEMBERS PROSPER AND SUCCEED THROUGH A PROACTIVE WORKING PARTNERSHIP WITH ALL LEVELS OF GOVERNMENT AND COMMUNITY ORGANIZATIONS TO ACHIEVE A HEALTY LOCAL ECONOMY AND QUALITY OF LIFE.

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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 $26,746

Program Service Revenue $0

Investment Income $223

Other Revenue $22,997

TOTAL REVENUE $49,966

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,957

Fundraising Expenses $0

Program Expenses $48,003

Other Expenses $37,046

TOTAL EXPENSES $48,003

Year-over-Year Comparison

	2024	2023	Change
Revenue	$49,966	N/A	N/A
Expenses	$48,003	N/A	N/A
Net Income	$1,963	N/A	N/A

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

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
ALFEA CRENSHAW	DIRECTOR	N/A	Director	$0	$0	$0
STEVE JOHNSON	DIRECTOR	N/A	Director	$0	$0	$0
CHRIS ROSS	DIRECTOR	N/A	Director	$0	$0	$0
KEN SCHUITHEIS	DIRECTOR	N/A	Director	$0	$0	$0
STEPHANIE HARBISON	PRESIDENT	2.00	Officer	$0	$0	$0
ASHLEY JANECEK	SEC'Y	N/A	Officer	$0	$0	$0
DEBORAH LUNYOU	SEC'Y	N/A	Officer	$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	$49,966	$48,003	$15,683	$1,963

PIEDMONT CHAMBER OF COMMERCE INC