LITTLE ELM CHAMBER OF COMMERCE (EIN 841660331) - 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

2005

Legal Domicile

Principal Officer

JENNETTE ESPINOSA

Phone

9729558014

Tax Period

2024-01-01 to 2024-12-31

LITTLE ELM CHAMBER OF COMMERCE, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $274K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $48K, a strong 17% operating margin.

Mission

To represent and advance the economic prosperity of the business community in Little Elm and surrounding areas by fostering meaningful connections enhancing the local business environment and contributing to a higher quality of life for all

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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 $224,146

Program Service Revenue $44,799

Investment Income $4,556

Other Revenue $0

TOTAL REVENUE $273,501

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,945

Other Expenses $225,967

TOTAL EXPENSES $225,967

Year-over-Year Comparison

	2024	2023	Change
Revenue	$273,501	$251,131	+0.1%
Expenses	$225,967	$199,233	+0.1%
Net Income	$47,534	$51,898	-0.1%

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
JENNETTE ESPINOSA	EXECUTIVE DIRECTOR	5.00	Director	$0	$0	$0
STUART SNOOK	Board Member	2.00	Officer	$0	$0	$0
BRAD KIESLING	SECRETARY	2.00	Officer	$0	$0	$0
MICHEL HAMBRICK	Past Chair	2.00	Officer	$0	$0	$0
SANDI SABONIS	Chair Elect	2.00	Officer	$0	$0	$0
JENNIFER ELLIOTT	CHAIR	3.00	Officer	$0	$0	$0
ARTIE WILLIAMS	Treasurer	2.00	Officer	$0	$0	$0
DREW BAILEY	TOWN LIAISON	2.00	Officer	$0	$0	$0
HERMAN LUETTE	Secretary	2.00	Officer	$0	$0	$0
JOSH YOUNGBLOOD	BOARD MEMBER	2.00	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	$273,501	$225,967	$161,942	$47,534
2023	$251,131	$199,233	$115,371	$51,898
2022	$212,290	$179,838	$95,280	$32,452

LITTLE ELM CHAMBER OF COMMERCE