Texarkana Regional Chamber of Commerce Foundation (EIN 843306712) - 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

Tax Period

2023-01-01 to 2023-12-31

Texarkana Regional Chamber of Commerce Foundation is a small nonprofit in the Community Improvement sector that reported $248K in total revenue in fiscal year 2023. Revenue surged 153% from the prior year, signaling strong growth momentum. The organization ran a surplus of $177K, a strong 71% operating margin.

Mission

The Texarkana USA Chamber Foundation is dedicated to providing a positive business environment by assisting in providing tools for potential employees and employers to be successful. This is accomplished through programs such as ACT Work Keys Curriculum and the National Career Readiness Certification Program.

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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 $226,470

Program Service Revenue $0

Investment Income $0

Other Revenue $21,876

TOTAL REVENUE $248,346

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $69,912

Other Expenses $71,640

TOTAL EXPENSES $71,640

Year-over-Year Comparison

	2023	2022	Change
Revenue	$248,346	$98,009	+1.5%
Expenses	$71,640	$92,262	-0.2%
Net Income	$176,706	$5,747	+29.7%

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	Role	Reportable Comp	Other Comp	Total
Denis Washington	President & CEO	Director	$0	$0	$0
John Collins	Director	Director	$0	$0	$0
Brock McCorkle	Director	Director	$0	$0	$0
Brandon Washington	Director	Director	$0	$0	$0
Justin White	Director	Director	$0	$0	$0
Ron Copeland	Director	Director	$0	$0	$0
Jason Adams	Director	Director	$0	$0	$0
Jennifer Harland	Director	Director	$0	$0	$0
Caleb Mudford	Director	Director	$0	$0	$0
James Bramlett	Director	Director	$0	$0	$0
Thomas Gilbert	Director	Director	$0	$0	$0
Stephen Mayo	Director	Director	$0	$0	$0
Joey Martin	Director	Director	$0	$0	$0
Scott Norton	Director	Director	$0	$0	$0
Fred Norton	Director	Director	$0	$0	$0
Russell Sparks	Director	Director	$0	$0	$0
Patton Tidwell	Director	Director	$0	$0	$0
Tina Veal-Gooch	Director	Director	$0	$0	$0
Tammy Waters	Director	Director	$0	$0	$0
LaTonya McElroy	Director	Director	$0	$0	$0
Chint Murdock	Director	Director	$0	$0	$0
Tom Simmons	Director	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
2023	$248,346	$71,640	$206,611	$176,706

Texarkana Regional Chamber of Commerce Foundation