Chart-exchange Inc
Nonprofit profile at a glance
- EIN
- 810842846
- IRS 990-EZ coverage
- 2019–2019
- Forms available
- Form 990 2017, Form 990-EZ 2019
- Location
- Claymont, DE, USA
- Phone
- 3027656001
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $10,196
- Expenses
- $301
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- GLENN W CLARK (PRESIDENT)
People named in this filing
- GLENN W CLARK (PRESIDENT)
- FRANICS J HUVER (SECRETARY/TR)
- THOMAS WILSON JR (VICE PRESIDE)
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
The chart exchange inc. Serves as an advocate for the united states and london insurance marketplace providing education, recruitment, and networking opportunities.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- 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
MIXED - 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: 26
- Transparency & Controls: 82
- Sustainability: 54
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 2%; rating input score 2
- Program expense ratio: 67.1%; rating input score 67
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 97%; rating input score 100; 100th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -52.4% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -42.9% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 2% of revenue deployed · 67.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $202 in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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 2/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.