Greater Dalton Chamber of Commerce

Nonprofit profile at a glance

EIN
237210173
IRS 990 coverage
2009–2023
Forms available
Form 990 2023
Location
Dalton, GA, USA
Phone
7062787373
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$1,424,994
Expenses
$1,523,689
Assets
$1,160,546
Liabilities
$285,884

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • JASON MOCK (PRESIDENT AN)

People named in this filing

  • TOMMY BOGGS (BOARD MEMBER)
  • SHAWN NICHOLSON (BOARD MEMBER)
  • BEAU PATTON (BOARD MEMBER)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

About us: the greater dalton chamber of commerce is a membership organization that serves over 1,000 businesses. Our executive board consists of volunteers from a variety of the area's businesses. Mission: to serve as a unified voice of business, to ensure the economic prosperity of the region and to build partnerships and leadership that improves the quality of life while delivering superior member services. Vision: the greater dalton chamber of commerce will provide the leadership necessary to leverage community resources and build partnerships that are focused on positive community change. Organizational priority: strengthen our ability to marshal the resources necessary to achieve positive community change by focusing on three core areas: leadership development, community development, and economic development.

What it reported doing in 2023

Leadership, community, and economic development in the greater dalton, ga area.

Operating model

Revenue model
Earned-program. 64% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.8%; rating input score 76
  • Program expense ratio: 69.7%; rating input score 70
  • Fundraising efficiency: $3.13 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -6.9%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 0.76; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 4.2% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: 2.2% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: 2.2% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 75.8% of revenue deployed · 69.7% of spending went to programs
  • Governance: 24 of 24 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.1M in reported program spending
  • Leadership: top reported pay $0 · 25 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 13 filing years from 2009 to 2023
  • 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 — Financial Efficiency: Fundraising efficiency scored 10/100.
  • High — Sustainability: Operating margin scored 22/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.