Greater Newton Area Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 420437820
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Newton, IA, USA
- Phone
- 6417925545
- Rating
- 41
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $185,541
- Expenses
- $115,547
- Assets
- $344,220
- Liabilities
- $77,238
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- CARSON CLAYPOOL (PRESIDENT)
- JOHN LEE (PAST PRESIDENT)
People named in this filing
- CARSON CLAYPOOL (PRESIDENT)
- ROBBI KINGERY (TREASURER)
- JOHN LEE (PAST PRESIDENT)
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
To support business; build community
What it reported doing in 2024
Community events - golf outing, 4th of july parade, car show, community involvement
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 revenue comfortably covers expenses. 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: 6
- Transparency & Controls: 82
- Sustainability: 77
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 4.9%; rating input score 5
- Program expense ratio: 7%; rating input score 7
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 37.7%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 2.98; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -10.1% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: -0.8% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: 9.4% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 4.9% of revenue deployed · 7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $8K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- 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: Mission deployment rate scored 5/100.
- High — Financial Efficiency: Program expense ratio scored 7/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.