Eagle Chamber of Commerce

Nonprofit profile at a glance

EIN
264747328
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Eagle, CO, USA
Phone
9703062262
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$157,672
Expenses
$155,863
Assets
$100,635
Liabilities
$587

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

Leadership & pay

9 people listed

Executive titles in this filing

  • DAN BROWN (PRESIDENT)

People named in this filing

  • MICHELLE MORGAN-WOODY (EXECUTIVE DI)
  • DAN BROWN (PRESIDENT)
  • RICK BEVERIDGE (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promotion of local businesses & community

What it reported doing in 2024

The eagle chamber of commerce' vision is to be recognized as the business leadership arm of the world-class mountain town. In pursuing this vision, the chamber will actively take a leadership role in working for the town's economic vitality in this challenging environment through ongoing relationships with the town and county's elected & appointed leaders.

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 72% for direct work, 20% for grants, and 8% for member benefits.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.5%; rating input score 69
  • Program expense ratio: 70.2%; rating input score 70

Transparency & Controls

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

Sustainability

  • Operating margin: 1.1%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0.65; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 44.9%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 9.1% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 6.9% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 69.5% of revenue deployed · 70.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $109K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 37/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.