Henderson Harbor Area
Nonprofit profile at a glance
- EIN
- 222777803
- IRS 990-EZ coverage
- 2010–2010
- Forms available
- Form 990-EZ 2010, Form 990-N 2008
- Location
- Henderson Harbor, NY, USA
- Phone
- 3159385568
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $8,360
- Expenses
- $38,388
- Assets
- $3,265
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
4 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The following are the purposes for which this organization has been organized and incorporated. The purposes for which the corporation is formed are as follows: a.to foster trade and commerce in the town of henderson and the henderson harbor are of jefferson county, New York; b.to promote the general welfare and prosperity of such territory; c.to reform abuses involving businesses, professional or financial interests; d.to secure freedom from unjust or unlawful exactions; e.to diffuse accurate and reliable information as to the standing of merchants and other matters; f.to settle and adjust difference between its members and others; g.to promote a more enlarged and friendly intercourse among business people; h.to advance the civic, commercial, industrial and agricultural interest of the territory where the corporation is situate; i.to provide such civic, commercial, industrial, agricultural and social features as will promote the aforesaid purposes, and to stimulate public sentiment to
What it reported doing in 2010
To bring new tourism and business to the henderson harbor area for the beneift of all who live there. The organization is actively seeking new ways to promote and attract people to its beautiful harbor, its events, businesses, and nearby parks.
Operating model
- Revenue model
- Donor-supported. 61% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Sustainability: 4
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -359.2%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 3/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.