Hatfield Chamber of Commerce

Nonprofit profile at a glance

EIN
232282300
IRS 990-EZ coverage
2010–2021
Forms available
Form 990-EZ 2021, Form 990-N 2020
Location
Hatfield, PA, USA
Phone
2158553335
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$635
Expenses
$11,831
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • DENISE MONAGHAN (PRESIDENT)
  • MARYANN REGAN (VICE-PRESIDENT)

People named in this filing

  • DENISE MONAGHAN (PRESIDENT)
  • MARYANN REGAN (VICE-PRESIDENT)
  • DEBORAH STEVENS (SECRETARY)

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The chamber of commerce is uniquely positioned to connect businesses, non-profits, educational institutions, and governmental units to foster conversations around economic vitality and quality of life issues. We engage and support legislation designed to strengthen a positive business environment in the communities we serve. The educational programming the chamber offers provides our members with information to help them build stronger supports. The chamber of commerce is here to create connections so people can do their jobs more effectively.

What it reported doing in 2021

No accomplishments in 2021.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

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

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 82
  • Sustainability: 2
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

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

Sustainability

  • Operating margin: -1,763.1%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 33.8%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: -17.5% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -14.2% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: -14.4% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2010 to 2021
  • 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.

  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.