Chamber Center for Excellence
Nonprofit profile at a glance
- EIN
- 300498404
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Richmond, IN, USA
- Phone
- 7659621511
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $40,184
- Expenses
- $42,140
- Assets
- $35,562
- Liabilities
- $26,180
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- JASON TROUTWINE (DIRECTOR)
- MATTHEW HICKS (DIRECTOR)
- CATHY HILLARD (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To operate as a supporting organization of the wayne county area chamber of commerce, inc. In providing programs, workshops, projects and literature for informational, educational and community enhancement purposes to members of the wayne county, Indiana community at large.
What it reported doing in 2024
The organization supported educational efforts in the community by providing a scholarhip/car to one area high school student and awards to other students.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 76% of its reported program spending out as grants.
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: 92
- Transparency & Controls: 100
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94%; rating input score 94
- Program expense ratio: 89.6%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -4.9%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.84; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.74; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 0.5% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 94% of revenue deployed · 89.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $38K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2011 to 2024
- 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.
- Moderate — Sustainability: Operating margin scored 36/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.