THE NORTH LITTLE ROCK CHAMBER FOUNDATION

EIN: 900116691 501(c)(3) Community Improvement

NORTH LITTLE ROCK, AR

Total Revenue
$24,336
Total Expenses
$49,941
Total Assets
$927,183
Net Assets
$720,288
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
AR
Principal Officer
DERRELL HARTWICK
Phone
5013725959
Tax Period
2023-01-01 to 2023-12-31

THE NORTH LITTLE ROCK CHAMBER FOUNDATION, founded in 2003, is a micro nonprofit in the Community Improvement sector that reported $24K in total revenue in fiscal year 2023. Expenses of $50K exceeded revenue, resulting in a 105% operating deficit.

Mission

EDUCATIONAL AND CHARITABLE SERVICES TO THE CITZENS OF NORTH LITTLE ROCK, ARKANSAS.

Program Service Accomplishments

Program 1
Expenses: $49,941 Revenue: $24,336

PROVIDE BUILDING AND EQUIPMENT FOR AN OFFICE AND MEETING FACILITY FOR THE NORTH LITTLE ROCK CHAMBER OF COMMERCE THAT HAS OVER 950 MEMBERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $24,336
Investment Income $0
Other Revenue $0
TOTAL REVENUE $24,336

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $49,941
Other Expenses $49,941
TOTAL EXPENSES $49,941

Year-over-Year Comparison

2023 2022 Change
Revenue $24,336 $23,308 +0.0%
Expenses $49,941 $48,383 +0.0%
Net Income $-25,605 $-25,075 +0.0%
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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Governance

Voting Members
5
Independent Members
3
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
5
$232,743
Total Directors
5
$232,743
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DERRELL HARTWICK PRESIDENT/CE 1.00
Officer Director
$0 $569 $137,650
ASHLEY HIGHT VICE PRESIDE 1.00
Officer Director
$0 $7,867 $95,093
BOBBY GOSSER CHAIRMAN 1.00
Officer Director
$0 $0 $0
BILL GRAY CHAIRMAN ELE 1.00
Officer Director
$0 $0 $0
LANELL STERLING TREASURER/DI 1.00
Officer 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
2024 No data No data No data No data
2023 $24,336 $49,941 $927,183 $-25,605
2022 $23,308 $48,383 $961,096 $-25,075
2021 $33,454 $42,202 $948,084 $-8,748
2020 $23,129 $40,739 $977,967 $-17,610
2019 $28,774 $42,976 $1,012,317 $-14,202
2018 $28,894 $90,492 $1,052,243 $-61,598
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