Encinitas Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 951563218
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2014
- Location
- Encinitas, CA, USA
- Phone
- 7607536041
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $384,679
- Expenses
- $329,798
- Assets
- $611,576
- Liabilities
- $307,695
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
People named in this filing
- JIM BENEDETTI (DIRECTOR)
- LOGAN BETZ (DIRECTOR)
- CORRINE BUSTA (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Chamber of commerce & visitor center advocate and promote a healthy & prosperous business community, which improves and preserves the quality of life in the encinitas community.
What it reported doing in 2024
Chamber of commerce & visitor center promote the general welfare and prosperity of the area business community
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 100% 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.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 92
- Accountability: 6
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 56.9%; rating input score 57
- Program expense ratio: 65.9%; rating input score 66
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- 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: 14.3%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 1.85; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.5; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 11.1% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 10.1% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 22.5% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 56.9% of revenue deployed · 65.9% of spending went to programs
- Governance: 0 of 13 board members independent · 1 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $217K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.