Cleburne Chamber of Commerce Foundation
Nonprofit profile at a glance
- EIN
- 752954826
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Cleburne, TX, USA
- Phone
- 8176452455
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $78,809
- Expenses
- $43,784
- Assets
- $192,550
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- TRACY THOMAS (President)
People named in this filing
- JUNE BATES (Vice Chairman)
- BOBBY DE LA GARZA (Past Chairman)
- G AARON SILER (Chairman)
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
The primary exempt purpose of this organization is the advancement of the cleburne community through various charitable, educational, historical, business commerce and other betterment activities, programs, or events.
What it reported doing in 2024
Foundation acts as a community-wide conduit which raises funds for charitable, historical preservation and educational purposes.
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
- Grant intermediary. The nonprofit sent 61% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. 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: 19
- Transparency & Controls: 100
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 14.5%; rating input score 15
- Program expense ratio: 26.2%; rating input score 26
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: 44.4%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 4.4; rating input score 82; 82nd 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: 2.1% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 17.9% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 13.7% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 14.5% of revenue deployed · 26.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $11K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 10 filing years from 2014 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 15/100.
- High — Financial Efficiency: Program expense ratio scored 26/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.