Cy-fair Houston Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 760194069
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Houston, TX, USA
- Phone
- 2813731390
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $637,628
- Expenses
- $712,705
- Assets
- $213,093
- Liabilities
- $332,993
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- LESLIE MARTONE (President)
Highest reported compensation
- LESLIE MARTONE (President): $110,160 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote the economic development of the cy-fair houston area
What it reported doing in 2024
Through meetings, luncheons, newsletters and related activities the chamber promotes the commercial, industrial, cultural, educational, civic and general development of the cy-fair houston trade territory in harris county, Texas
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 90% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. 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: 42
- Transparency & Controls: 89
- Accountability: 69
- Sustainability: 14
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 46.2%; rating input score 46
- Program expense ratio: 41.4%; rating input score 41
- Fundraising efficiency: $6.3 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 24th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 93.4%; rating input score 93; 41st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -11.8%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.3; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 1.56; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 15.5%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: -4.7% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: 1.2% per year; rating input score 100; 20th percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 46.2% of revenue deployed · 41.4% of spending went to programs
- Governance: 19 of 19 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $295K in reported program spending
- Leadership: top reported pay $110K · 20 people listed
- Consistency: 28 of 29 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
- Moderate — Financial Efficiency: Program expense ratio scored 41/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 23/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 15/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 22/100.