Community Improvement Corp Inc Dba Versailles Area Chamber

Nonprofit profile at a glance

EIN
311102891
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024, Form 990-N 2007
Location
Versailles, OH, USA
Phone
9374482191
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$16,395
Expenses
$11,535
Assets
$92,690
Liabilities
$5,073

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • MATT POEPPELMAN (PRESIDENT)

People named in this filing

  • MATT POEPPELMAN (PRESIDENT)
  • BRIAN WAGNER (TREASURER)
  • JACKIE BRISCOE (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

Business development in darke county area

What it reported doing in 2024

Report to membership of the activities occuring during the past year in the areas of development surrounding darke county. Recognition of members and business affecting these areas of development.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 64% for direct work, and 36% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.1%; rating input score 81
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 29.6%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 8.04; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 6% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 25.5% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 4.3% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 81.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $12K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 6 filing years from 2019 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 — Sustainability: Liabilities to assets ratio scored 21/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.