Arizona Chamber Foundation

Nonprofit profile at a glance

EIN
205129621
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Scottsdale, AZ, USA
Phone
6026192644
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Adult, Continuing Education

Official website

Reported finances

Revenue
$234,267
Expenses
$368,511
Assets
$1,101,138
Liabilities
$678

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • EILEEN KLEIN VIVE AZ LLC (ACTING EXECUTIVE DIRECTOR)

Highest reported compensation

  • EILEEN KLEIN VIVE AZ LLC (ACTING EXECUTIVE DIRECTOR): $204,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Arizona chamber foundation is to be a leading resource of forward-thinking expert research, analysis, news and public programming on policy issues that impact Arizona business and the state's business climate and to develop (continued on schedule o) civic-minded business leaders.

What it reported doing in 2024

The Arizona chamber foundation achieves its goal of supporting statewide economic development in the following ways: we research the issues that sustain and expand Arizona business and the state economy. The Arizona chamber foundation publishes original research and policy analysis to provide facts and information to the public and policymakers, with an emphasis on issues critical to Arizona's business climate and the state's long-term competitiveness. Chamber business news (cbn) is the organization's statewide digital media platform that delivers business and marketplace information, engages newsmakers and addresses top policy issues. (continued on schedule o)our leadership program is developing the next generation of engaged and informed business leaders. We are host to the national civics bee in Arizona, an annual statewide civics competition to advance civic knowledge among middle school students. A conduit for the next generation of Arizona leaders, the junior fellows program gives undergraduate students the opportunity to gain hands-on, applied experience in public affairs, policy research, communications and more.we lead the az2030 project in partnership with the state of Arizona, to support the creation of a statewide strategic blueprint for Arizona's future, focused on expanding jobs, growing and diversifying the economy, developing a robust talent pipeline, improving the state's critical infrastructure and enhancing opportunity and quality of life for residents. We also conduct research related to Arizona's energy infrastructure and the related impacts of the sector on statewide economic development to provide facts and information to the public and policymakers.

Operating model

Revenue model
Donor-supported. 71% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 60
  • Accountability: 72
  • Sustainability: 30
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.8%; rating input score 93
  • Fundraising efficiency: $16.36 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 21st percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -57.3%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 2.99; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: 29.3%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: -32% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -28.1% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 2.5% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.8% of spending went to programs
  • Governance: 4 of 5 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $342K in reported program spending
  • Leadership: top reported pay $204K · 6 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 22 of 22 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 4/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 52/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.
  • Review — Sustainability: Liabilities to assets ratio scored 57/100.