Bonham Area Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 750147835
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990-EZ 2025
- Location
- Bonham, TX, USA
- Rating
- 35
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $158,359
- Expenses
- $146,180
- Assets
- $48,326
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
16 people listed
People named in this filing
- Mackenzie Lane (Chairman)
- Nathan Graham (Ex-Officio Chair)
- Kip Thrush (Chair Elect)
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 bonham area chamber of commerce responds to requests from individuals and businesses seeking information about bonham and the surrounding community. The chamber maintains a website and publishes a newsletter which communicates issues of importance to chamber members and informs them about current chamber activities. The chamber schedules and runs events that benefit the citizens of the community throughout the year either in a learning environment or as a cultural event. Some of the yearly activities the chamber puts on: the christmas parade patriots day halloween on the square annual chamber banquet to award outstanding businesses and individuals and the annual golf tournament.
What it reported doing in 2025
The chambers annual membership provides business owners a network directly to the community. The chamber acts in the interest of small businesses in the local area and acts as a bridge between governing authority schools churches businesses and the general public.
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 32
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7.7%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 55.2%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -2.8% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: 6.9% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 5 of 5 current checks pass
- Filing history: 10 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 50/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- High — Sustainability: Officer compensation ratio scored 4/100.