Altavista Area Chamber of Commerce Foundation Inc

Nonprofit profile at a glance

EIN
300443432
IRS 990-EZ coverage
2010–2022
Forms available
Form 990-EZ 2022
Location
Altavista, VA, USA
Phone
4343696665
Rating confidence
Limited
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$0
Expenses
$0
Assets
$10,507
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

12 people listed

People named in this filing

  • ROMONDA DAVIS (PAST CHAIR; TREASURER)
  • COBY WORSHAM (SECRETARY)
  • CODIE CYRUS (CHAIRMAN)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the foundation is to support the altavista area chamber of commerce's programs that are for educational and charitable purposes.

What it reported doing in 2022

Five altavista, Virginia area schools participate in the outstanding teacher of the year award which is given annually in january to promote excellence in our schools. During the year ended december 31, 2018 the organization awarded amounts to four teachers. In addition, one out of the five teachers also received the outstanding teacher of the year award. An awards dinner is included.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 55
  • Sustainability: 8
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 66.7%; rating input score 67; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 2.1% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: -7.5% per year; rating input score 0; 32nd percentile among comparable filings
  • Asset growth: 9.1% per year; rating input score 100; 69th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2010 to 2022
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.