Civic Intelligence

Murphy Chamber of Commerce

EIN 90-0064818 • 501(c)6 • Murphy, TX

Profile

Promote and strengthen murphy businesses

120 E Fm 544 Ste 72 Pmb 157Murphy, TX 75094

www.murphychamber.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.02x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

77th percentile

16%

Higher net margin than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

87th percentile

31%

Faster asset growth than 87% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

85th percentile

36%

Faster revenue growth than 85% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$78,972

Up $18,504 (+31%) from 2023

Liabilities

Up

$1,290

Up $353 (+38%) from 2023

Net Assets

Up

$77,682

Up $18,151 (+30%) from 2023

Revenue

Up

$95,383

Up $24,990 (+36%) from 2023

Expenses

Up

$79,786

Up $3,875 (+5.1%) from 2023

Net Income

Up

$15,597

Up $21,115 (+383%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2014: $54,672Liabilities 2014: $1,450Net Assets 2014: $53,2222014Assets 2015: $55,813Liabilities 2015: $1,280Net Assets 2015: $54,5332015Assets 2016: $69,373Liabilities 2016: $905Net Assets 2016: $68,4682016Assets 2017: $70,894Liabilities 2017: $720Net Assets 2017: $70,1742017Assets 2018: $59,167Liabilities 2018: $610Net Assets 2018: $58,5572018Assets 2019: $74,582Liabilities 2019: $397Net Assets 2019: $74,1852019Assets 2020: $73,596Liabilities 2020: $1,327Net Assets 2020: $72,2692020Assets 2021: $79,269Liabilities 2021: $636Net Assets 2021: $78,6332021Assets 2022: $64,707Liabilities 2022: $1,290Net Assets 2022: $63,4172022Assets 2023: $60,468Liabilities 2023: $937Net Assets 2023: $59,5312023Assets 2024: $78,972Liabilities 2024: $1,290Net Assets 2024: $77,6822024

Highlighted filing

2024

Assets$78,972
Liabilities$1,290
Net Assets$77,682

Operations Trend

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

$100K$50K$0-$50KRevenue 2014: $59,574Expenses 2014: $64,398Net Income 2014: -$4,8242014Revenue 2015: $52,001Expenses 2015: $50,690Net Income 2015: $1,3112015Revenue 2016: $54,415Expenses 2016: $40,480Net Income 2016: $13,9352016Revenue 2017: $44,798Expenses 2017: $47,759Net Income 2017: -$2,9612017Revenue 2018: $40,131Expenses 2018: $48,790Net Income 2018: -$8,6592018Revenue 2019: $64,690Expenses 2019: $53,806Net Income 2019: $10,8842019Revenue 2020: $58,730Expenses 2020: $60,179Net Income 2020: -$1,4492020Revenue 2021: $75,994Expenses 2021: $73,162Net Income 2021: $2,8322021Revenue 2022: $75,790Expenses 2022: $86,504Net Income 2022: -$10,7142022Revenue 2023: $70,393Expenses 2023: $75,911Net Income 2023: -$5,5182023Revenue 2024: $95,383Expenses 2024: $79,786Net Income 2024: $15,5972024

Highlighted filing

2024

Revenue$95,383
Expenses$79,786
Net Income$15,597

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$116,228
Mission and Program Overview

Mission

Promote and strengthen murphy businesses

Program Services

DescriptionGrantsExpenses
HOLDS LUNCHEON AND MEETINGS EACH MONTH DESIGNED TO EXCHANGE MEMBERS IDEAS, BUSINESS CARDS AND HOST GUEST SPEAKERS TO PROMOTE BUSINESSES IN AND AROUND MURPHY-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BARRY YOUNGImmediate Past Chair-$0--
LUKE TRAHANChairmanPT$0--
TINA SWINDLESecretary-$0--
CHAD SANDSTreasurer-$0--
TIFFANY TURNBULLVice Chair-$0--
SABREEYA HUDSONDirector-$0--
STACI CLEMMERDirector-$0--
JIMMY WEDDLEDirector-$0--
JENE BUTLERDirector-$0--
JASPREET KAUR GILLDirector-$0--
ARETHA ADAMSExofficio-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Fever$21,381$21,381$6,002$15,379
Banquet$12,278$12,278$903$11,375
Total Events$33,659$33,659$20,845$12,814
Filing and Contact Details

Filer

Filer Name
Murphy Chamber of Commerce
EIN
90-0064818
In Care Of
% LUKE TRAHAN
Address
120 E FM 544 STE 72 PMB 157, MURPHY, TX 75094

Signing Officer

Name
Luke Trahan
Title
Chairman
Signed
2025-11-17
Discuss with paid preparer
Yes

Preparer

Firm
Tax Savvy Inc
Address
611 S Hwy 78 Ste 121, Wylie, TX 75098
Preparer
Byron Snapp Ea
Phone
9724425226
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description AmountMEMBERSHIP DIRECTORY 33,782

List of grants and similar amounts paid Part I line 10

Activity SCHOLARSHIP Grantee MURPHY CHAMBER OF COMMERCE SCHOLAR Street PO BOX 941864 City, State, Zip PLANO, TX 75094

Description of other expenses Part I line 16

Description AmountSUBSCRIPTIONS 2,819BANK AND CC FEES 2,487INSURANCE 1,326OFFICE SUPPLIES 152PHONE 1,156WEBSITE 5,375PAYROLL PROCESSING FEES 270PAYROLL TAXES 3,036AMBASSADOR EXP 20BOARD EXP 332MARKETING EXP 160MEMBERSHIP EXP 542DIRECTORY - OTHER 414YOUNG ENTREPRENEUR 3,092BUSINESS CARD EXCHANGE 812LUNCHEON 3,077INVESTMENT FEES 30ROUNDING 1

Other changes in net assets or fund balances Part I line 20

Description AmountCHANGE IN VALUE OF INVESTMENTS 2,554$2,553.95 WAS THE NET CHANGE IN INVESTEMENT VALUE OF LPL FINANCIAL ACCOUNT

Description of total liabilities Part II line 26

Category Beginning of Year End of YearSCHOLARSHIP CONTRIUBTIONS 570 1,290PAYROLL TAX LIABILITIES 367 0

Raw XML Appendix190 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountMEMBERSHIP DIRECTORY 33,782
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity SCHOLARSHIP Grantee MURPHY CHAMBER OF COMMERCE SCHOLAR Street PO BOX 941864 City, State, Zip PLANO, TX 75094
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountSUBSCRIPTIONS 2,819BANK AND CC FEES 2,487INSURANCE 1,326OFFICE SUPPLIES 152PHONE 1,156WEBSITE 5,375PAYROLL PROCESSING FEES 270PAYROLL TAXES 3,036AMBASSADOR EXP 20BOARD EXP 332MARKETING EXP 160MEMBERSHIP EXP 542DIRECTORY - OTHER 414YOUNG ENTREPRENEUR 3,092BUSINESS CARD EXCHANGE 812LUNCHEON 3,077INVESTMENT FEES 30ROUNDING 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description AmountCHANGE IN VALUE OF INVESTMENTS 2,554$2,553.95 WAS THE NET CHANGE IN INVESTEMENT VALUE OF LPL FINANCIAL ACCOUNT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Category Beginning of Year End of YearSCHOLARSHIP CONTRIUBTIONS 570 1,290PAYROLL TAX LIABILITIES 367 0
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BYRON SNAPP EA
ReturnHeader/ReturnTs02025-11-17T12:22:52-05:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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