Four Flags Area Chamber of Commerce Inc

Nonprofit profile at a glance

EIN
380879125
IRS 990-EZ coverage
2010–2018
Forms available
Form 990-EZ 2018
Location
Niles, MI, USA
Phone
2696833720
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$110,390
Expenses
$115,944
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

11 people listed

People named in this filing

  • BARBARA CRAIG (CO-CHAIR)
  • DEB JOHNSON (CO-CHAIR)
  • LARRY REICHANDTER (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-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support and develop the business community through a variety of services, activities and initiatives, and to promote and improve the community as a whole to encourage a better business environment.

What it reported doing in 2018

The chamber serves as the front door of the community by serving as a referral source for over 5,000 calls and visits annually, providing information for individuals and business seeking to enter the community, and also providing market and other information to chamber members and existing businesses. Other member services, including the monthly newsletter, a free webpage for all chamber members, access to health insurance, and celebrating and promoting new businesses with public grand openings attended by civic leaders, local and state officials, and local media.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 11
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -5%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 36.1%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -4.6% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -5.1% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -14.5% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $116K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2010 to 2018
  • Contacts: How to reach this organization
  • Money network: 3 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 — Sustainability: Operating margin scored 21/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.