Ashebororandolph Chamber of Commerce Foundation Inc

Nonprofit profile at a glance

EIN
581681923
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025, Form 990-N 2021
Location
Asheboro, NC, USA
Phone
3366262626
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$16,872
Expenses
$13,615
Assets
$56,328
Liabilities
$1,357

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • ADAM DEATHE (PRESIDENT)

People named in this filing

  • ADAM DEATHE (PRESIDENT)
  • SHEILA WILLIAMS (CHAIR)
  • DAWN MORTON (TREASURER)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of this corporation shall be as provided in its articles of incorporation, literary, or educational activities. They may also include the promotion of the advancement and diffusion of knowledge and understanding of economics, finance, the private enterprise system, education and training, science and technology as they relate to the community and region and their problems and opportunities, through: 1) the undertaking of studies and research, compilation of the results, and reports and publications thereof through any appropriate media; 2) the conduct of training courses, seminars, discussion groups, forums, panels, or lectures, and the like; 3) any activity, which tends to promote understanding, unification, or improved relationships between different economic and ethnic groups.

What it reported doing in 2025

Field of honor

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 82
  • Sustainability: 66
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.6%; rating input score 73
  • Program expense ratio: 89.4%; rating input score 89

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 19.3%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 4.14; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -36.1% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -36.6% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: -12.3% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 72.6% of revenue deployed · 89.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $12K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2020 to 2025
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.