Bishop Area Chamber of Commerce an… - Form 990 Financial Data

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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

1912

Legal Domicile

Phone

7608738405

Tax Period

2024-07-01 to 2025-06-30

Bishop Area Chamber of Commerce and Visitors Bureau, founded in 1912, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $938K left a modest 14% surplus.

Mission

To enhance the financial well being of the community and to promote tourism.

Program Service Accomplishments

Program 1

Community activities such as Trout Derby, Sign Projects, Railroad Express, Christmas Parade, Writers Conference, to promote tourism and local commerce.

Program 2

Programs to enhance the enjoyment of the outdoors and to advertise the area's attributes including information fulfillment, brochure production, advertising and web page.

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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 (2024)

Revenue Breakdown

Contributions & Grants $817,888

Program Service Revenue $189,457

Investment Income $11,962

Other Revenue $70,611

TOTAL REVENUE $1,089,918

Expense Breakdown

Grants Paid $0

Salaries & Benefits $316,875

Fundraising Expenses $0

Other Expenses $621,445

TOTAL EXPENSES $938,320

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,089,918	$897,397	+0.2%
Expenses	$938,320	$978,055	0.0%
Net Income	$151,598	$-80,658	-2.9%

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
Tawni Thomson	Executive Dir.	40.00	Officer	$0	$0	$0
Robert Sharp	Treasurer	1.00	Officer	$0	$0	$0
Sarah Fruendt	Past President	1.00	Officer	$0	$0	$0
Cheryl Underhill	President	2.00	Officer	$0	$0	$0
Sunil Lad	Vice President	1.00	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
2025	$1,089,918	$938,320	$750,013	$151,598
2024	$897,397	$978,055	$590,104	$-80,658
2023	$919,031	$894,711	$669,166	$24,320
2022	$904,447	$722,021	$638,289	$182,426
2021	$543,673	$491,289	$519,890	$52,384
2020	$693,127	$615,393	$433,610	$77,734
2019	$717,884	$779,755	$305,478	$-61,871

Bishop Area Chamber of Commerce and Visitors Bureau