Bucksport Bay Area Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 223198225
- IRS 990-EZ coverage
- 2014–2019
- Forms available
- Form 990-EZ 2019
- Location
- Bucksport, ME, USA
- Phone
- 2074696818
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $104,924
- Expenses
- $106,809
- Assets
- $14,753
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JENNIFER DAVENPORT (VICE PRESIDENT)
- LESLIE WOMBACHER (EXECUTIVE DIRECTOR)
People named in this filing
- JENNIFER DAVENPORT (VICE PRESIDENT)
- DEREK COLE (TREASURER)
- BUTCH OSBORNE (DIRECTOR)
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 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote prosperity and quality of life in the greater bucksport area.
What it reported doing in 2019
Membership events (business after hours, ribbon cuttings), community events (frost fest, river duck dash, etc), maintenance of 24-hour tourist information center
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 82
- Sustainability: 28
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.1%; rating input score 84
- Program expense ratio: 82.6%; rating input score 83
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1.8%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 83; 83rd percentile among comparable filings
- Officer compensation ratio: 23.5%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 10.9% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 7.5% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: -5.2% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: 84.1% of revenue deployed · 82.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $88K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2014 to 2019
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 17/100.