{"success":true,"data":{"_id":471878507,"filings":[{"Organization":{"value":null,"Person":["JOE KIMRAY","TISHA LOWE","ROB MITCHELL"],"Title":["CHAIR","VICE CHAIR","TREASURER"],"Hours":[2.0,2.0,2.0],"Total Compensation":[0,0,0],"Direct compensation":[0,0,0],"Other compensation":[0,0,0]},"Basic":{"value":null,"mission":"The wake forest chamber foundation exists to provide educational opportunities for both adults and youth focusing on leadership, entrepreneurship, financial literacy and workforce development initiatives.","year":2023,"name":"WAKE FOREST CHAMBER FOUNDATION FOR COMMON PROGRESS","phone":9195561519,"website":"WAKEFORESTCHAMBERFOUNDATION.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JOE KIMRAY","year_formation":2014,"state_legal_domicile":"NC","total_volunteers":null,"tax_period_begin":"2023-07-01T00:00:00","tax_period_end":"2024-06-30T00:00:00","address":"350 S WHITE STREET, WAKE FOREST, NC, 27587, USA","city":"WAKE FOREST","state":"NC","country":"USA","zip_code":27587},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":8,"Number of independent voting members":8,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":152814,"Contributions":{"value":66806,"Other contributions":11231,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":55575,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":50000,"Total revenue":{"value":50000,"LEADERSHIP WAKE FOREST":17500,"YOUTH LEADERSHIP WAKE FORES":17500,"ENTREPRENEURSHIP ACADEMY":12500,"FINANCIAL LITERACY":2500},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":538,"Investment income total":538,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":35470,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":35470,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":185428,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":185428,"Management services":60932,"Legal":0,"Accounting":5061,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":1574,"Information technology":599,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":105218,"OTHER EXPENSES":9082},"All other expenses":12044},"Functional Expenses":{"value":null,"Program Service Expenses":144481,"Management And General Expenses":7234,"Fundraising Expenses":33713}},"Assets":{"value":68349,"Non-interest bearing cash":68349,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":20,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":20},"Fund balance":{"value":68329,"Net assets without donor restriction":68329,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7791757447634662,"percentile":0.6012353685160272},"Fundraising Efficiency":{"score":1.981609468157684,"percentile":0.0745019426899271},"Operating Margin":{"score":-0.21342285392699623,"percentile":0.14487925539861074},"Liabilities to Assets Ratio":{"score":0.00029261583929538105,"percentile":0.5811401136942774},"Operating Reserve Ratio":{"score":0.368601289988567,"percentile":0.19404016645046268},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":0.46800042613287146,"percentile":0.9228115485762223},"Revenue Growth":{"score":-0.007763898714877852,"percentile":0.3382363933993887},"Asset Growth":{"score":0.06917035561526803,"percentile":0.5950282982606109},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5125001757069163,"percentile":0.35367310863987816}},"source_xml":"202540659349301434_public.xml"},{"Organization":{"value":null,"Person":["JOE KIMRAY","TISHA LOWE","ROB MITCHELL"],"Title":["CHAIR","VICE CHAIR","TREASURER"],"Hours":[2.0,2.0,2.0],"Total Compensation":[0,0,0],"Direct compensation":[0,0,0],"Other compensation":[0,0,0]},"Basic":{"value":null,"mission":"The wake forest chamber foundation exists to provide educational opportunities for both adults and youth focusing on leadership, entrepreneurship, financial literacy and workforce development initiatives.","year":2022,"name":"WAKE FOREST CHAMBER FOUNDATION FOR COMMON PROGRESS","phone":9195561519,"website":"WAKEFORESTCHAMBERFOUNDATION.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JOE KIMRAY","year_formation":2014,"state_legal_domicile":"NC","total_volunteers":null,"tax_period_begin":"2022-07-01T00:00:00","tax_period_end":"2023-06-30T00:00:00","address":"350 S WHITE STREET, WAKE FOREST, NC, 27587, USA","city":"WAKE FOREST","state":"NC","country":"USA","zip_code":27587},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":8,"Number of independent voting members":8,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":274944,"Contributions":{"value":101270,"Other contributions":41695,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":59575,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":97320,"Total revenue":{"value":94820,"ENTREPRENEURSHIP ACADEMY":32024,"YOUTH LEADERSHIP WAKE FORES":30501,"FINANCIAL LITERACY":18750,"LEADERSHIP WAKE FOREST":10045,"YOUNG ENTREPRENEUR":3500},"Total other revenue":2500,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":76354,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":76354,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":275211,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":275211,"Management services":108521,"Legal":0,"Accounting":2007,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":21248,"Information technology":1462,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":55199,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":69342,"OTHER EXPENSES":8471},"All other expenses":17432},"Functional Expenses":{"value":null,"Program Service Expenses":221602,"Management And General Expenses":6094,"Fundraising Expenses":47515}},"Assets":{"value":100943,"Non-interest bearing cash":100943,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":100943,"Net assets without donor restriction":100943,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.8052076406829669,"percentile":0.6320700377820564},"Fundraising Efficiency":{"score":2.131326949384405,"percentile":0.08010007709315599},"Operating Margin":{"score":-0.000971106843575419,"percentile":0.38336133258360694},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":0.3667840311615451,"percentile":0.1932168465716932},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5591888890383339,"percentile":0.4845820810125944}},"source_xml":"202313199349315751_public.xml"},{"Organization":{"value":null,"Person":["JIM THOMPSON"],"Title":["EXECUTIVE DI"],"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"value":null,"mission":"The wake forest chamber foundation exists to provide educational opportunities for both adults and youth focusing on leadership, entrepreneurship, financial literacy and workforce development initiatives.","year":2024,"name":"WAKE FOREST CHAMBER FOUNDATION FOR COMMON PROGRESS","phone":9195561519,"website":"WAKEFORESTCHAMBERFOUNDATION.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JIM THOMPSON","year_formation":2014,"state_legal_domicile":"NC","total_volunteers":null,"tax_period_begin":"2024-07-01T00:00:00","tax_period_end":"2025-06-30T00:00:00","address":"350 S WHITE STREET, WAKE FOREST, NC, 27587, USA","city":"WAKE FOREST","state":"NC","country":"USA","zip_code":27587},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":8,"Number of independent voting members":8,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":15805,"Contributions":{"value":667,"Other contributions":667,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":15000,"Total revenue":{"value":15000,"YOUTH LEADERSHIP WAKE FORES":10500,"LEADERSHIP WAKE FOREST":4500},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":138,"Investment income total":138,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":17910,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":17910,"Management services":0,"Legal":0,"Accounting":2855,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":21,"Office expenses":164,"Information technology":362,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":14508,"OTHER EXPENSES":201},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":14508,"Management And General Expenses":3402,"Fundraising Expenses":0}},"Assets":{"value":66224,"Non-interest bearing cash":66224,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":66224,"Net assets without donor restriction":66224,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.8100502512562814,"percentile":0.6382658116697413},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.13318570072761785,"percentile":0.19353517929336728},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":3.697599106644333,"percentile":0.75432450079917},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":0.09410837355586443,"percentile":0.6621819518577962},"Revenue Growth":{"score":-0.2450836769653056,"percentile":0.0601973598562762},"Asset Growth":{"score":0.010487187530056225,"percentile":0.3636800999880286},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.57053457007262,"percentile":0.5184596859880534}},"source_xml":"202630229349300728_public.xml"},{"Organization":{"value":null,"Person":["DON BOWMAN","JOE KIMRAY","ROB MITCHELL"],"Title":["CHAIR","VICE CHAIR","TREASURER"],"Hours":[0.0,0.0,0.0],"Total Compensation":[0,0,0],"Direct compensation":[0,0,0],"Other compensation":[0,0,0]},"Basic":{"value":null,"mission":"The wake forest chamber foundation exists to provide educational opportunities for both adults and youth focusing on leadership, entrepreneurship, financial literacy and workforce development initiatives.","year":2020,"name":"WAKE FOREST CHAMBER FOUNDATION FOR COMMON PROGRESS","phone":9195561519,"website":"WAKEFORESTCHAMBERFOUNDATION.ORG","type":"990EZ","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":null,"state_legal_domicile":null,"total_volunteers":null,"tax_period_begin":"2020-07-01T00:00:00","tax_period_end":"2021-06-30T00:00:00","address":"350 S WHITE STREET, WAKE FOREST, NC, 27587, USA","city":"WAKE FOREST","state":"NC","country":"USA","zip_code":27587},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":null,"Number of independent voting members":null,"Number of employees total":null,"Total Gross UBI":null,"Net unrelated business taxable income":null,"Number of employees":null,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":false,"Election of board members":false,"Decisions subject to approval":false,"Minutes of governing body":false,"Local chapters":false,"Form 990 provided to governing body":false,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":181656,"Contributions":{"value":116365,"Other contributions":0,"Contributions from gifts and grants":116365,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":39035,"Total revenue":39035,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":26256,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":26256,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":139835,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":405,"Fundraising professional":0,"Fees to independent contractors":405},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":139430,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":139430,"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":60061,"Non-interest bearing cash":0,"Savings and temp cash investments":60061,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":3300,"Sum of Total Liabilities":3300,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":56761,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.23022085700444797,"percentile":0.7845577426198046},"Liabilities to Assets Ratio":{"score":0.05494414012420706,"percentile":0.3804811031196281},"Operating Reserve Ratio":{"score":0.42951335502556587,"percentile":0.22097145682956368},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":null,"percentile":null},"Governance Policy Score":{"score":0.0,"percentile":0.3578721869904765},"Overall Score":{"score":0.5021477166395095,"percentile":0.3268535630170729}},"source_xml":"202210409349200636_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["JIM THOMPSON"],"Title":["EXECUTIVE DI"],"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"value":null,"mission":"The wake forest chamber foundation exists to provide educational opportunities for both adults and youth focusing on leadership, entrepreneurship, financial literacy and workforce development initiatives.","year":2024,"name":"WAKE FOREST CHAMBER FOUNDATION FOR COMMON PROGRESS","phone":9195561519,"website":"WAKEFORESTCHAMBERFOUNDATION.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JIM THOMPSON","year_formation":2014,"state_legal_domicile":"NC","total_volunteers":null,"tax_period_begin":"2024-07-01T00:00:00","tax_period_end":"2025-06-30T00:00:00","address":"350 S WHITE STREET, WAKE FOREST, NC, 27587, USA","city":"WAKE FOREST","state":"NC","country":"USA","zip_code":27587},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":8,"Number of independent voting members":8,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":15805,"Contributions":{"value":667,"Other contributions":667,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":15000,"Total revenue":{"value":15000,"YOUTH LEADERSHIP WAKE FORES":10500,"LEADERSHIP WAKE FOREST":4500},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":138,"Investment income total":138,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":17910,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":17910,"Management services":0,"Legal":0,"Accounting":2855,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":21,"Office expenses":164,"Information technology":362,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":14508,"OTHER EXPENSES":201},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":14508,"Management And General Expenses":3402,"Fundraising Expenses":0}},"Assets":{"value":66224,"Non-interest bearing cash":66224,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":66224,"Net assets without donor restriction":66224,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.8100502512562814,"percentile":0.6382658116697413},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.13318570072761785,"percentile":0.19353517929336728},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":3.697599106644333,"percentile":0.75432450079917},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":0.09410837355586443,"percentile":0.6621819518577962},"Revenue Growth":{"score":-0.2450836769653056,"percentile":0.0601973598562762},"Asset Growth":{"score":0.010487187530056225,"percentile":0.3636800999880286},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.57053457007262,"percentile":0.5184596859880534}},"source_xml":"202630229349300728_public.xml"},"sector":"Public, Societal Benefit","donation_categories":[],"zakat_policy":null},"error":null}