Beaumont Chamber Foundation
Nonprofit profile at a glance
- EIN
- 760516154
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024
- Location
- Beaumont, TX, USA
- Phone
- 4098386581
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $174,333
- Expenses
- $131,768
- Assets
- $102,505
- Liabilities
- $33,535
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- AMY LOVOI (PRESIDENT)
People named in this filing
- TYLER THOMAS (DIRECTOR)
- SHAQUEENA NOBLES (SECRETARY)
- ZACH STILES (CHAIR)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The foundation provides leadership and development programs which educate participants about the needs of the community and encourages participants to broaden their involvement in community affairs.
What it reported doing in 2024
Leadership beaumont: a leadership development program which promotes community involvement and strengthens relationships between participants from various segments of the community.
Operating model
- Revenue model
- Other-operating. 67% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 21
- Transparency & Controls: 82
- Sustainability: 61
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 18.8%; rating input score 19
- Program expense ratio: 24.9%; rating input score 25
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 24.4%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.33; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 2.5% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 6.7% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: -0.6% per year; rating input score 0; 26th percentile among comparable filings
Details
- Where the money goes: 18.8% of revenue deployed · 24.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $33K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Financial Efficiency: Mission deployment rate scored 19/100.
- High — Financial Efficiency: Program expense ratio scored 25/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.