MT PLEASANT CHAMBER OF COMMERCE (EIN 900443548) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

KATHLEEN HERRMANN

Phone

8438002258

Tax Period

2023-01-01 to 2023-12-31

MT PLEASANT CHAMBER OF COMMERCE, founded in 2016, is a small nonprofit that reported $297K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $270K left a modest 9% surplus.

Mission

AS A LEADER IN THE PROMOTION AND ENHANCEMENT OF THE MOUNT PLEASANT BUSINESS COMMUNITY, WE PROVIDE MEMBERS WITH INFORMATION, ADVOCACY, EDUCATION AND NETWORKING BASED ON A FOUNDATION OF INTEGRITY, SOCIAL RESPONSIBILITY AND EXCELLENCE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $164,350

Program Service Revenue $130,389

Investment Income $2,322

Other Revenue $0

TOTAL REVENUE $297,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $269,557

TOTAL EXPENSES $269,557

Year-over-Year Comparison

	2023	2022	Change
Revenue	$297,061	$224,142	+0.3%
Expenses	$269,557	$194,403	+0.4%
Net Income	$27,504	$29,739	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

200

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
TAMMY BECKER	VICE PRESIDE	N/A	Officer	$0	$0	$0
MICHAEL COCHRAN	PAST PRESIDE	N/A	Officer	$0	$0	$0
KARINA GARRISON	SECRETARY	N/A	Officer	$0	$0	$0
KATHLEEN HERRMANN	PRESIDENT EL	N/A	Officer	$0	$0	$0
JOSEPH HINSKE	TREASURER	N/A	Officer	$0	$0	$0
JENNIFER MAXWELL	PRESIDENT	N/A	Officer	$0	$0	$0
CHRIS STAUBES	PRESIDENT EM	N/A	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	$297,061	$269,557	$273,764	$27,504
2022	$224,142	$194,403	$245,514	$29,739
2020	$122,831	$122,595	$190,692	$236
2019	$214,857	$138,894	$190,498	$75,963

MT PLEASANT CHAMBER OF COMMERCE