Civic Intelligence

Granbury Chamber of Commerce Inc

EIN 75-1903421 • 501(c)6 • Granbury, TX

Profile

The granbury chamber enhances and promotes the business environment and economic well-being of our community.

3408 East Highway 377Granbury, TX 76049

granburychamber.com

Siviq Scores

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

Liabilities / Assets

57th percentile

0.09x

Higher debt load relative to assets than 57% of similar nonprofits.

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

Liabilities / Revenue

58th percentile

0.08x

Higher debt load relative to revenue than 58% of similar nonprofits.

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

Net Margin

35th percentile

-0.8%

Higher net margin than 35% of similar nonprofits.

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

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

45th percentile

2.3%

Faster asset growth than 45% of similar nonprofits.

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

Revenue Growth

56th percentile

7.3%

Faster revenue growth than 56% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$576,137

Up $12,859 (+2.3%) from 2023

Liabilities

Up

$49,084

Up $17,820 (+57%) from 2023

Net Assets

Down

$527,053

Down $4,961 (-0.9%) from 2023

Operations
Liabilities / Revenue58th percentileNet Margin35th percentile

Revenue

Up

$596,227

Up $40,531 (+7.3%) from 2023

Expenses

Up

$601,188

Up $11,153 (+1.9%) from 2023

Net Income

Up

-$4,961

Up $29,378 (+86%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

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

$1.0M$500K$0Assets 2010: $570,801Liabilities 2010: $236,033Net Assets 2010: $334,7682010Assets 2011: $613,053Liabilities 2011: $243,439Net Assets 2011: $369,6142011Assets 2012: $618,395Liabilities 2012: $220,362Net Assets 2012: $398,0332012Assets 2013: $633,098Liabilities 2013: $195,682Net Assets 2013: $437,4162013Assets 2014: $663,112Liabilities 2014: $176,851Net Assets 2014: $486,2612014Assets 2015: $703,939Liabilities 2015: $158,550Net Assets 2015: $545,3892015Assets 2016: $702,165Liabilities 2016: $140,968Net Assets 2016: $561,1972016Assets 2017: $699,973Liabilities 2017: $118,019Net Assets 2017: $581,9542017Assets 2018: $701,792Liabilities 2018: $94,176Net Assets 2018: $607,6162018Assets 2019: $756,326Liabilities 2019: $248,410Net Assets 2019: $507,9162019Assets 2020: $831,166Liabilities 2020: $241,397Net Assets 2020: $589,7692020Assets 2021: $745,805Liabilities 2021: $158,424Net Assets 2021: $587,3812021Assets 2022: $582,111Liabilities 2022: $15,758Net Assets 2022: $566,3532022Assets 2023: $563,278Liabilities 2023: $31,264Net Assets 2023: $532,0142023Assets 2024: $576,137Liabilities 2024: $49,084Net Assets 2024: $527,0532024

Highlighted filing

2024

Assets$576,137
Liabilities$49,084
Net Assets$527,053
Open 2024 Filing

Operations Trend

Revenue Growth56th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $420,3982010Expenses 2011: $401,2182011Expenses 2012: $453,9062012Revenue 2013: $466,987Expenses 2013: $427,604Net Income 2013: $39,3832013Revenue 2014: $509,508Expenses 2014: $460,663Net Income 2014: $48,8452014Revenue 2015: $504,011Expenses 2015: $453,019Net Income 2015: $50,9922015Revenue 2016: $546,095Expenses 2016: $530,287Net Income 2016: $15,8082016Revenue 2017: $574,433Expenses 2017: $553,679Net Income 2017: $20,7542017Revenue 2018: $517,606Expenses 2018: $491,944Net Income 2018: $25,6622018Revenue 2019: $598,870Expenses 2019: $546,633Net Income 2019: $52,2372019Revenue 2020: $619,083Expenses 2020: $594,906Net Income 2020: $24,1772020Revenue 2021: $566,181Expenses 2021: $638,984Net Income 2021: -$72,8032021Revenue 2022: $513,264Expenses 2022: $534,292Net Income 2022: -$21,0282022Revenue 2023: $555,696Expenses 2023: $590,035Net Income 2023: -$34,3392023Revenue 2024: $596,227Expenses 2024: $601,188Net Income 2024: -$4,9612024

Highlighted filing

2024

Revenue$596,227
Expenses$601,188
Net Income-$4,961
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$576,137
Liabilities
$49,084
Net assets
$527,053
Revenue
$596,227
Expenses
$601,188
Net income
-$4,961
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.76$0.49$5.27$5.96$6.01$0.05
2023Detailed filing. Detailed filing data is available for this year.$5.63$0.31$5.32$5.56$5.90$0.34
2022Detailed filing. Detailed filing data is available for this year.$5.82$0.16$5.66$5.13$5.34$0.21
2021Detailed filing. Detailed filing data is available for this year.$7.46$1.58$5.87$5.66$6.39$0.73
2020Detailed filing. Detailed filing data is available for this year.$8.31$2.41$5.90$6.19$5.95$0.24
2019Detailed filing. Detailed filing data is available for this year.$7.56$2.48$5.08$5.99$5.47$0.52
2018Detailed filing. Detailed filing data is available for this year.$7.02$0.94$6.08$5.18$4.92$0.26
2017Detailed filing. Detailed filing data is available for this year.$7.00$1.18$5.82$5.74$5.54$0.21
2016Detailed filing. Detailed filing data is available for this year.$7.02$1.41$5.61$5.46$5.30$0.16
2015Detailed filing. Detailed filing data is available for this year.$7.04$1.59$5.45$5.04$4.53$0.51
2014Detailed filing. Detailed filing data is available for this year.$6.63$1.77$4.86$5.10$4.61$0.49
2013Detailed filing. Detailed filing data is available for this year.$6.33$1.96$4.37$4.67$4.28$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.18$2.20$3.98$4.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.13$2.43$3.70$4.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.71$2.36$3.35$4.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 10, 2025
Return Version
2024v5.0
Gross Receipts
$635,117
Mission and Program Overview

Mission

The granbury chamber of commerce has been dedicated to strengthening and promoting the economic success of our community through effective leadership. The fourth largest chamber in the fort worth-dallas metroplex and 900 members strong, the chamber has forged strong partnerships with the city of granbury and nearby hood county communities, as well as with local economic development and tourism entities. Chamber committees and task forces actively improve the economic welfare of the community through study, recommendations and actions related to transportation, business retention and expansion, education, government affairs and the environment. Chamber staff and volunteers produce granbury's nationally celebrated old- fashioned 4th of july.

To provide leadership that strenthens and promotes the overall economic success of our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$253,046$256,404▲ $3,358
Land, Buildings, and Equipment, Net$215,102$207,169▼ $7,933
Cash and Non-Interest-Bearing Accounts$91,330$86,796▼ $4,534
Intangible Assets-$25,768-
Prepaid Expenses and Deferred Charges$3,800--
Total Assets$563,278$576,137▲ $12,859
Liabilities
Other Liabilities$7,529$31,714▲ $24,185
Deferred Revenue$23,735$17,370▼ $6,365
Total Liabilities$31,264$49,084▲ $17,820
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$532,014$527,053▼ $4,961
Total Net Assets Fund Balance$532,014$527,053▼ $4,961
Total Liabilities and Net Assets / Fund Balance$563,278$576,137▲ $12,859

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$63,045$96,296$159,341
Land$140,853-$140,853
Equipment$3,271$95,649$98,920
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Diane HedgesChair Elect
Steven KubanChairman
Jeremy GlennPast Chair
Holly MartinPresident/ce
Bret DeasonBoard Member
Chad AmmonsBoard Member
David DavisBoard Member
David OrcuttBoard Member
Jc StoneBoard Member
Kelsey WallenBoard Member
Lee OverstreetBoard Member
Lisa OliverBoard Member
Madison NorthcuttBoard Member
Matt BufkinBoard Member
Randy PearsonBoard Member
Sam HoustonBoard Member
Tammy DooleyBoard Member
Tom JensenBoard Member
Tony MoblyBoard Member
Debbie TempleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$54,986
Program Service Revenue
$501,303
Investment Income
$3,358
Other Revenue
$36,580
All Other Contributions
$54,986
Change in Net Assets
$-4,961

Audited Revenue Reconciliation

Revenue per Audited Statements
$469,743
Revenue Not Reported on Financial Statements
$126,484
Revenue Not Reported on Form 990
$38,890
Other Revenue Adjustments
$126,484
Total Revenue per Audited Statements
$508,633
Total Revenue per Form 990
$596,227
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$309,510
Other Expenses$291,678
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$110,739$151,613-$262,352
Conferences and Meetings$79,860$2,334-$82,194
Office Expenses$5,424$25,134-$30,558
Other Employee Benefits$10,308$14,113-$24,421
Information Technology-$22,773-$22,773
Payroll Taxes$8,637$11,824-$20,461
All Other Expenses$8,502$8,515-$17,017
Fees for Services Accounting-$12,920-$12,920
Other Expenses$18,865$10,876-$10,876
Advertising$10,074--$10,074
Insurance-$6,679-$6,679
Depreciation Depletion-$5,135-$5,135
Occupancy-$4,180-$4,180
Pension Plan Contributions$961$1,315-$2,276
Total Functional Expenses$323,777$277,411$0$601,188

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$601,188
Total Expenses per Audited Statements$513,594
Expenses per Audited Statements$474,704
Expenses Not Reported on Financial Statements$126,484
Other Expense Adjustments$126,484
Expenses Not Reported on Form 990$38,890
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$75,380
Fundraising Direct Expenses$38,890
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$38,930$38,930$15,230$23,700
Chamber Banquet$36,450$36,450$6,587$29,863
Total Events$75,380$75,380$38,890$36,490
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$26,583
Payroll Liabilities$5,131
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The granbury chamber of commerce is a membership focused organization in which any legal entity having an interest in the organization's mission statement may apply for membership.”

Form 990, Page 6, Part VI, Line 11B

“Officers of the organization review the form 990 before submission to the irs.”

Form 990, Page 6, Part VI, Line 15A

“The board of directors evaluates and fixes salary and benefits for the president/ceo.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available to the public and its members upon request.”

Filing and Contact Details

Filer

Filer Name
Granbury Chamber of Commerce Inc
EIN
75-1903421
Phone
8175731622
Address
3408 EAST HIGHWAY 377, GRANBURY, TX 76049

Signing Officer

Name
Holly Martin
Title
President/CEO
Phone
8175731622
Signed
2025-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Holly Martin
Formed
1983
Legal Domicile
TX
Voting Board Members
19
Independent Board Members
19
Employees
8
Volunteers
250

Preparer

Firm
Boucher Morgan & Young Pc CPA
Address
P O BOX 203, STEPHENVILLE, TX 76401
Preparer
REMINGTON T O'DELL
Phone
2549657321
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Office volunteers - help with monthly luncheons, 4th of july celebration, and any special projects needed throughout the year. Ambassadors - serve as public relations and goodwill representatives for the chamber. Ambassadors make membersip goodwill calls, welcome new businesses and new members, help recruit new memebers to the chamber and represent the chamber throughout the community. 4th of july volunteers - help with the festival through vendor check-in, drink booths, lineup and implemntation of parade, cleanup, old fashioned games, information booth. Chamber classic golf tournament volunteers - help with check-in, setting up tents and food, pick-up golfers in long distance parking, cleanup and auction.”

Form 990, Part XI, Line 9

“Expenses directly related to fundraising 38,890 additional expenses included in community events -126,484 expenses directly related to fundraising -38,890 additional expenses included in community events 126,484”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Expenses directly related to fundraising 38,890”

Schedule D, Page 4, Part XI, Line 4B

“Additional expenses included in community events 126,484”

Schedule D, Page 4, Part XII, Line 2D

“Expenses directly related to fundraising 38,890”

Schedule D, Page 4, Part XII, Line 4B

“Additional expenses included in community events 126,484”

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

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3ADDITIONAL EXPENSES INCLUDED IN COMMUNITY EVENTS 126,484
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICE VOLUNTEERS - HELP WITH MONTHLY LUNCHEONS, 4TH OF JULY CELEBRATION, AND ANY SPECIAL PROJECTS NEEDED THROUGHOUT THE YEAR. AMBASSADORS - SERVE AS PUBLIC RELATIONS AND GOODWILL REPRESENTATIVES FOR THE CHAMBER. AMBASSADORS MAKE MEMBERSIP GOODWILL CALLS, WELCOME NEW BUSINESSES AND NEW MEMBERS, HELP RECRUIT NEW MEMEBERS TO THE CHAMBER AND REPRESENT THE CHAMBER THROUGHOUT THE COMMUNITY. 4TH OF JULY VOLUNTEERS - HELP WITH THE FESTIVAL THROUGH VENDOR CHECK-IN, DRINK BOOTHS, LINEUP AND IMPLEMNTATION OF PARADE, CLEANUP, OLD FASHIONED GAMES, INFORMATION BOOTH. CHAMBER CLASSIC GOLF TOURNAMENT VOLUNTEERS - HELP WITH CHECK-IN, SETTING UP TENTS AND FOOD, PICK-UP GOLFERS IN LONG DISTANCE PARKING, CLEANUP AND AUCTION.

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