Chamber Foundation of Sandusky County
Nonprofit profile at a glance
- EIN
- 203955660
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Fremont, OH, USA
- Phone
- 4193321591
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $22,186
- Expenses
- $35,500
- Assets
- $226,503
- Liabilities
- $97,645
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Tyler Kneeskern (CEO/President)
Highest reported compensation
- Tyler Kneeskern (CEO/President): $59,998 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To enhance the quality of life in Sandusky County by using funds entrusted to its stewardship by individuals, corporations, and organizations of various means to address community needs and opportunites. It also has a grant program available to the Chamber of Commerce of Sandusky County and gives out scholarships and funds youth programs.
What it reported doing in 2024
Sandusky County Young Professionals is a program of the Foundation to attract, engage and motivate young proessionals to make Sandusky County an even greater place to live, work and play. The program is built from the areas best talent to support and enhance our influence in the community by empowering young professional with educational, leadership, mentoring and networking opportunities.
Operating model
- Revenue model
- Other-operating. 74% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 95% 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. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 83
- Accountability: 84
- Sustainability: 29
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 92.6%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -60%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 6.38; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.43; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -10.6% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: -2.9% per year; rating input score 0; 49th percentile among comparable filings
- Asset growth: 15.5% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 92.6% of spending went to programs
- Governance: 5 of 5 board members independent · 5 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $33K in reported program spending
- Leadership: top reported pay $60K · 7 people listed
- Consistency: 21 of 22 current checks pass · 1 finding to review
- Schedules: 5 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- 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.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 26/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.