Chico Noon Exchange Foundation
Nonprofit profile at a glance
- EIN
- 831565776
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- Chico, CA, USA
- Phone
- 5303428999
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Public, Society Benefit N.E.C.
Reported finances
- Revenue
- $37,314
- Expenses
- $52,402
- Assets
- $65,707
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Jacob Whigham (President)
- Steve Adams (Vice President)
People named in this filing
- Kathreen Lammers (Treasurer)
- Jacob Whigham (President)
- Debra Humes (Secretary)
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 solicit, collect and otherwise raise money for charitable purposes to be distributed to other charitable organization in the local community with similiar goals of the Chico Noon Exchange Club and the National Exchange Club.
What it reported doing in 2024
Provided charitable contributions to charities in alignment with the purpose of the National Exchange Club and the Exchange Club of Chico, CA. We also provided charitable donations to some individuals to help in providing immediate assistance for basic needs after the Camp Fire disaster.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 8
- Transparency & Controls: 82
- Sustainability: 29
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 9.2%; rating input score 9
- Program expense ratio: 6.5%; rating input score 7
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -40.4%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 1.25; rating input score 53; 53rd 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: -31.8% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: -15.1% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: 10.4% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 9.2% of revenue deployed · 6.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $3K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- 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 9/100.
- High — Financial Efficiency: Program expense ratio scored 7/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 15/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.