BOONE, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC, founded in 2022, is a community nonprofit in the Public & Societal Benefit sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 666% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 4% surplus.
TO SOLICIT, MANAGE, AND DISTRIBUTE FUNDS AND RESOURCES TO FURTHER THE DEVELOPMENT AND WELFARE OF THE BOONE AND WATAUGA COUNTY, NC AREA THROUGH ACTIVITIES WHICH ARE EXCLUSIVELY CHARITABLE, EDUCATIONAL, OR SCIENTIFIC.
ECONOMIC DEVELOPMENT: DATA-DRIVEN AND COMMUNITY-FOCUSED INVESTMENT TO ADDRESS EMERGENT NEEDS OF LOCAL BUSINESSES AND THE PEOPLE THEY SERVE, SCHOLARSHIPS, AREA EVENT SUPPORT, AND OTHER SPECIAL...
ECONOMIC DEVELOPMENT: DATA-DRIVEN AND COMMUNITY-FOCUSED INVESTMENT TO ADDRESS EMERGENT NEEDS OF LOCAL BUSINESSES AND THE PEOPLE THEY SERVE, SCHOLARSHIPS, AREA EVENT SUPPORT, AND OTHER SPECIAL PROJECTS.
EARLY CHILDHOOD DEVELOPMENT & EDUCATION: SUPPORT OF WORKFORCE DEVELOPMENT AND EDUCATIONAL ATTAINMENT NEEDS FOR WATAUGA COUNTYS EARLY CHILDHOOD WORKFORCE AND RELATED EDUCATION INITIATIVES.
DISASTER RELIEF: ESTABLISHED HIGH COUNTRY BUSINESS RESILIENCY DISASTER PROGRAM TO HELP SMALL BUSINESSES IN WATAUGA, ASHE, AND AVERY COUNTIES RECOVER FROM CRIPPLING IMPACTS OF HURRICANE HELENE...
DISASTER RELIEF: ESTABLISHED HIGH COUNTRY BUSINESS RESILIENCY DISASTER PROGRAM TO HELP SMALL BUSINESSES IN WATAUGA, ASHE, AND AVERY COUNTIES RECOVER FROM CRIPPLING IMPACTS OF HURRICANE HELENE. EMERGENCY FINANCIAL SUPPORT PROVIDES NECESSARY AID TO BUSINESSES THAT HAVE SUPPORTED THE COMMUNITY FOR GENERATIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,509,332 | $197,058 | +6.7% |
| Expenses | $1,450,420 | $172,573 | +7.4% |
| Net Income | $58,912 | $24,485 | +1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARK GOULD | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HEIDI RAGAN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TARA BROSSA | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE NASH | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID JACKSON | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| EDWARD HINSON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY CRABBE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR LESLIE ALEXANDER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHUCK EYLER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR HARRY DAVIS | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TALIA FREEMAN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JASON TRIPLETT | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH FURMAN | EXECUTIVE DIRECTOR | 20.00 |
Officer
|
$38,358 | $0 | $38,358 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,509,332 | $1,450,420 | $90,806 | $58,912 |
Compare BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC with other nonprofits in North Carolina and across the country.