DURANGO CHAMBER OF COMMERCE (EIN 840192881) - 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

1915

Legal Domicile

Principal Officer

KIM OYLER

Phone

3038828667

Tax Period

2023-01-01 to 2023-12-31

DURANGO CHAMBER OF COMMERCE, founded in 1915, is a small nonprofit that reported $474K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

THE DURANGO CHAMBER OF COMMERCE IS A MEMBERSHIP BASED ORGANIZATION THAT PROMOTES AND SUPPORTS THE LOCAL BUSINESS ECONOMY.

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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 $365,906

Program Service Revenue $106,055

Investment Income $188

Other Revenue $2,346

TOTAL REVENUE $474,495

Expense Breakdown

Grants Paid $0

Salaries & Benefits $315,762

Fundraising Expenses $0

Other Expenses $156,238

TOTAL EXPENSES $472,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$474,495	$420,799	+0.1%
Expenses	$472,000	$511,599	-0.1%
Net Income	$2,495	$-90,800	-1.0%

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

$116,414

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIM OYLER	CEO	40.00	Officer	$116,414	$0	$116,414
REBEKAH CLICK	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HENNON	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON MENCINI	DIRECTOR	1.00	Director	$0	$0	$0
DAVE WOODRUFF	DIRECTOR	1.00	Director	$0	$0	$0
DR KAREN CHESER	VICE PRESIDE	1.00		$0	$0	$0
NEIL DOLDER	DIRECTOR	1.00		$0	$0	$0
MATTHEW GOMEZ	DIRECTOR	1.00		$0	$0	$0
JOSEPH KUZMA	DIRECTOR	N/A		$0	$0	$0
DIANA MURRAY	SECRETARY	1.00		$0	$0	$0
VAUGHN MORRIS	PAST PRESIDE	1.00	Officer	$0	$0	$0
MELISA JACKSON PALMER	TREASURER	1.00	Officer	$0	$0	$0
CHARLES SPENCE	PRESIDENT OF	1.00	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	No data	No data	No data	No data
2023	$474,495	$472,000	$901,116	$2,495
2022	$420,799	$511,599	$905,250	$-90,800
2021	$546,200	$495,186	$1,010,051	$51,014
2020	$472,648	$484,378	$1,001,259	$-11,730
2019	$528,918	$536,128	$996,915	$-7,210
2018	$511,475	$551,553	$1,094,037	$-40,078

DURANGO CHAMBER OF COMMERCE