Civic Intelligence

Franklin Chamber of Commerce

EIN 74-1224670 • 501(c)6 • Franklin, TX

Profile

Advocate, voice and resource for businesses in the franklin, texas area.

Pobox 126Franklin, TX 77856

franklintexas.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.00x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.01x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

80th percentile

18%

Higher net margin than 80% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

48th percentile

3.2%

Faster asset growth than 48% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

29th percentile

-1.8%

Faster revenue growth than 29% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$570,692

Up $17,455 (+3.2%) from 2023

Liabilities

Down

$1,554

Down $1,508 (-49%) from 2023

Net Assets

Up

$569,138

Up $18,963 (+3.4%) from 2023

Operations
Liabilities / Revenue40th percentileNet Margin80th percentile

Revenue

Down

$103,864

Down $1,896 (-1.8%) from 2023

Expenses

Down

$84,902

Down $31,306 (-27%) from 2023

Net Income

Up

$18,962

Up $29,410 (+281%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth48th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0-$200KAssets 2010: $514,200Liabilities 2010: $0Net Assets 2010: $514,2002010Assets 2011: $526,184Liabilities 2011: $0Net Assets 2011: $526,1842011Assets 2012: $499,944Liabilities 2012: $17Net Assets 2012: $499,9272012Assets 2013: $494,990Liabilities 2013: $750Net Assets 2013: $494,2402013Assets 2014: $487,365Liabilities 2014: $271Net Assets 2014: $487,0942014Assets 2015: $483,232Liabilities 2015: $267Net Assets 2015: $482,9652015Assets 2016: $476,897Liabilities 2016: -$456Net Assets 2016: $477,3532016Assets 2017: $451,710Liabilities 2017: $592Net Assets 2017: $451,1182017Assets 2018: $568,797Liabilities 2018: $0Net Assets 2018: $568,7972018Assets 2019: $521,960Liabilities 2019: $0Net Assets 2019: $521,9602019Assets 2020: $522,662Liabilities 2020: $1,519Net Assets 2020: $521,1432020Assets 2021: $559,867Liabilities 2021: $1,519Net Assets 2021: $558,3482021Assets 2022: $562,142Liabilities 2022: $1,519Net Assets 2022: $560,6232022Assets 2023: $553,237Liabilities 2023: $3,062Net Assets 2023: $550,1752023Assets 2024: $570,692Liabilities 2024: $1,554Net Assets 2024: $569,1382024

Highlighted filing

2024

Assets$570,692
Liabilities$1,554
Net Assets$569,138
Open 2024 Filing

Operations Trend

Revenue Growth29th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KExpenses 2010: $136,6862010Revenue 2011: $150,634Expenses 2011: $131,433Net Income 2011: $19,2012011Expenses 2012: $157,5472012Revenue 2013: $94,506Expenses 2013: $100,193Net Income 2013: -$5,6872013Revenue 2014: $99,529Expenses 2014: $107,150Net Income 2014: -$7,6212014Revenue 2015: $94,965Expenses 2015: $99,095Net Income 2015: -$4,1302015Revenue 2016: $106,308Expenses 2016: $111,921Net Income 2016: -$5,6132016Revenue 2017: $85,176Expenses 2017: $110,819Net Income 2017: -$25,6432017Revenue 2018: $99,684Expenses 2018: $95,951Net Income 2018: $3,7332018Revenue 2019: $105,687Expenses 2019: $152,524Net Income 2019: -$46,8372019Revenue 2020: $76,964Expenses 2020: $77,780Net Income 2020: -$8162020Revenue 2021: $118,567Expenses 2021: $81,363Net Income 2021: $37,2042021Revenue 2022: $116,898Expenses 2022: $94,428Net Income 2022: $22,4702022Revenue 2023: $105,760Expenses 2023: $116,208Net Income 2023: -$10,4482023Revenue 2024: $103,864Expenses 2024: $84,902Net Income 2024: $18,9622024

Highlighted filing

2024

Revenue$103,864
Expenses$84,902
Net Income$18,962
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$570,692
Liabilities
$1,554
Net assets
$569,138
Revenue
$103,864
Expenses
$84,902
Net income
$18,962
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.71$0.02$5.69$1.04$0.85$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.53$0.03$5.50$1.06$1.16$0.10
2022Detailed filing. Detailed filing data is available for this year.$5.62$0.02$5.61$1.17$0.94$0.22
2021Detailed filing. Detailed filing data is available for this year.$5.60$0.02$5.58$1.19$0.81$0.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.23$0.02$5.21$0.77$0.78$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.22$0.00$5.22$1.06$1.53$0.47
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.69$0.00$5.69$1.00$0.96$0.04
2017Detailed filing. Detailed filing data is available for this year.$4.52$0.01$4.51$0.85$1.11$0.26
2016Detailed filing. Detailed filing data is available for this year.$4.77$0.00$4.77$1.06$1.12$0.06
2015Detailed filing. Detailed filing data is available for this year.$4.83$0.00$4.83$0.95$0.99$0.04
2014Detailed filing. Detailed filing data is available for this year.$4.87$0.00$4.87$1.00$1.07$0.08
2013Detailed filing. Detailed filing data is available for this year.$4.95$0.01$4.94$0.95$1.00$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.00$0.00$5.00$1.58
2011Summary only. Only limited summary data is available for this year.$5.26$0.00$5.26$1.51$1.31$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.14$0.00$5.14$1.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$103,864
Mission and Program Overview

Mission

Advocate, voice and resource for businesses in the franklin, texas area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$543,321$567,895▲ $24,574
Savings and Temporary Cash Investments$1,737$1,749▲ $12
Land, Buildings, and Equipment, Net$1,220$732▼ $488
Cash and Non-Interest-Bearing Accounts$6,959$316▼ $6,643
Total Assets$553,237$570,692▲ $17,455
Liabilities
Accounts Payable and Accrued Expenses$3,062$1,554▼ $1,508
Total Liabilities$3,062$1,554▼ $1,508
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$550,175$569,138▲ $18,963
Total Net Assets Fund Balance$550,175$569,138▲ $18,963
Total Liabilities and Net Assets / Fund Balance$553,237$570,692▲ $17,455

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$732$6,893$7,625
Other Securities$548,936--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Justen SalcidoPresident
Allysa GonzalesDirector
Amber HowellDirector
Carla ThreadgillDirector
Christian RawsonDirector
Karen KloresDirector
Melissa SandfieldDirector
Jamie StoweSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,745
Investment Income
$30,936
Other Revenue
$70,183
Change in Net Assets
$18,962
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$63,480
Salaries, Compensation, and Employee Benefits$21,422
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$20,129
Other Salaries and Wages---$20,004
All Other Expenses---$10,430
Insurance---$7,407
Fees for Service Investment Mgmnt Fees---$6,351
Other Expenses---$2,954
Payroll Taxes---$1,418
Fees for Services Other---$510
Depreciation Depletion---$488
Office Expenses---$101
Total Functional Expenses$0$0$0$84,902
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“A eight member board of directors governs the organization.”

Form 990, Part VI, Section A, Line 7A

“Three new directors are selected to the board of directors each year by the businesses and individuals who pay annual dues to join the organization. The directors each serve a 3 year term. If a director resigns during the year, the board of directors appoints a new director for the remainder of his term.”

Form 990, Part VI, Section B, Line 11B

“An officer of the board of directors reviews the form 990.”

Form 990, Part VI, Section B, Line 12C

“Members of the board of directors are not allowed to engage in any activity that might be considered a conflict of interest.”

Form 990, Part VI, Section C, Line 19

“A request would be submitted to the board of directors.”

Filing and Contact Details

Filer

Filer Name
Franklin Chamber of Commerce
EIN
74-1224670
Phone
9798283276
Address
POBOX 126, FRANKLIN, TX 77856
Doing Business As
Franklin Area Chamber of Commerce

Signing Officer

Name
Justen Salcido
Title
President
Phone
9798283276
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justen Salcido
Formed
1991
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Brewer Eyeington Patout & Co Llp
Address
111 E 27TH STREET SUITE 100, BRYAN, TX 77803
Preparer
Amy N Restivo
Phone
9792681350
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Telephone & telecommunications 2,436. Mtot 1,973. Tailgate 1,290. Equipment rental & maintenance 1,240. Supplies 1,229. Security officer 1,160. Business expense 777. Rental refund 325.”

Raw XML Appendix337 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AnnualDisclosureCoveredPrsnInd00
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IRS990/BooksInCareOfDetail/PhoneNum09798283276
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0351 COOKS LANE
IRS990/BooksInCareOfDetail/USAddress/CityNm0FRANKLIN
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IRS990/BooksInCareOfDetail/USAddress/ZIPCd077856
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IRS990/CntrctRcvdGreaterThan100KCnt00
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IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
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IRS990/DescribedInSection501c3Ind00
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IRS990/DonorAdvisedFundInd00
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
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IRS990/Form990PartVIISectionAGrp/PersonNm2KAREN KLORES
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRISTIAN RAWSON
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IRS990/Form990PartVIISectionAGrp/PersonNm7JAMIE STOWE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
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IRS990/ProgSrvcAccomActy3Grp/Desc0MEMBERSHIP DRIVE FOR THE CHAMBER ALLOWS FOR MORE MEMBERS WHICH CREATES A BETTER OPPORTUNITY FOR ALL MEMBERS AND THE COMMUNITY.
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01737
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01749
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0732
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06893
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07625
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt018959
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1548936
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CD - SOUTHSTAR
IRS990ScheduleD/OtherSecuritiesGrp/Desc1EDWARD JONES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0732
IRS990ScheduleD/TotalBookValueSecuritiesAmt0567895
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A EIGHT MEMBER BOARD OF DIRECTORS GOVERNS THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THREE NEW DIRECTORS ARE SELECTED TO THE BOARD OF DIRECTORS EACH YEAR BY THE BUSINESSES AND INDIVIDUALS WHO PAY ANNUAL DUES TO JOIN THE ORGANIZATION. THE DIRECTORS EACH SERVE A 3 YEAR TERM. IF A DIRECTOR RESIGNS DURING THE YEAR, THE BOARD OF DIRECTORS APPOINTS A NEW DIRECTOR FOR THE REMAINDER OF HIS TERM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN OFFICER OF THE BOARD OF DIRECTORS REVIEWS THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OF THE BOARD OF DIRECTORS ARE NOT ALLOWED TO ENGAGE IN ANY ACTIVITY THAT MIGHT BE CONSIDERED A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A REQUEST WOULD BE SUBMITTED TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TELEPHONE & TELECOMMUNICATIONS 2,436. MTOT 1,973. TAILGATE 1,290. EQUIPMENT RENTAL & MAINTENANCE 1,240. SUPPLIES 1,229. SECURITY OFFICER 1,160. BUSINESS EXPENSE 777. RENTAL REFUND 325.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0553237
IRS990/TotalAssetsEOYAmt0570692
IRS990/TotalAssetsGrp/BOYAmt0553237
IRS990/TotalAssetsGrp/EOYAmt0570692
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt084902
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03062
IRS990/TotalLiabilitiesEOYAmt01554
IRS990/TotalLiabilitiesGrp/BOYAmt03062
IRS990/TotalLiabilitiesGrp/EOYAmt01554
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0550175
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0569138
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt02745
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0103864
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0103864
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0553237
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0570692
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0POBOX 126
IRS990/USAddress/CityNm0FRANKLIN
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077856
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0FRANKLINTEXAS.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JUSTEN SALCIDO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09798283276
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKLIN CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0741224670
ReturnHeader/Filer/PhoneNum09798283276
ReturnHeader/Filer/USAddress/AddressLine1Txt0POBOX 126
ReturnHeader/Filer/USAddress/CityNm0FRANKLIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077856
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201661913
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BREWER EYEINGTON PATOUT & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 E 27TH STREET SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRYAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077803
ReturnHeader/PreparerPersonGrp/PhoneNum09792681350
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY N RESTIVO
ReturnHeader/ReturnTs02025-11-14T11:59:39-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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