LAURENS COUNTY CHAMBER OF COMMERCE FOUNDATION INC (EIN 874506590) - 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

2022

Principal Officer

AMANDA MUNYAN

Phone

8648332716

Tax Period

2023-07-01 to 2024-06-30

LAURENS COUNTY CHAMBER OF COMMERCE FOUNDATION INC, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $158K in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring.

Mission

THE LAURENS COUNTY CHAMBER OF COMMERCE FOUNDATION INC. WILL OPERATE AS AN ELEEMOSYNARY CORPORATION UNDER THE LAWS OF THE STATE OF SOUTH CAROLINA FOR THE FOLLOWING PURPOSES: TO RECEIVE, HOLD, MANAGE, INVEST OR ARRANGE FOR INVESTING AND TO ACQUIRE BY GIFT, DEVISE, BEQUEST, PURCHASE OR OTHERWISE USE PROPERTY OF ANY KIND AND FUNDS TO ADVANCE THE MISSION OF THE LAURENS COUNTY CHAMBER OF COMMERCE.

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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 $0

Program Service Revenue $158,127

Investment Income $0

Other Revenue $0

TOTAL REVENUE $158,127

Expense Breakdown

Grants Paid $0

Salaries & Benefits $49,460

Fundraising Expenses $0

Program Expenses $155,447

Other Expenses $120,396

TOTAL EXPENSES $169,856

Year-over-Year Comparison

	2023	2022	Change
Revenue	$158,127	$361,638	-0.6%
Expenses	$169,856	$134,863	+0.3%
Net Income	$-11,729	$226,775	-1.1%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
BLAKE DAVIS	CHAIR	N/A	Officer Director	$0	$0	$0
SONNY LEDDA	DIRECTOR	N/A	Director	$0	$0	$0
BRENDA LIGON	DECRETARY	N/A	Director	$0	$0	$0
WENDY MEDLOCK	TREASURER	N/A	Officer Director	$0	$0	$0
NATHAN SENN	PAST CHAIR	N/A	Officer Director	$0	$0	$0
JASON TAVENNER	INCOMING CHA	N/A	Officer Director	$0	$0	$0
JERRE THREATT	DIRECTOR	N/A	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
2025	No data	No data	No data	No data
2024	$158,127	$169,856	$248,818	$-11,729
2023	$361,638	$134,863	$260,547	$226,775

LAURENS COUNTY CHAMBER OF COMMERCE FOUNDATION INC