Key West Chamber of Commerce Foundation Inc
Nonprofit profile at a glance
- EIN
- 845162948
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025
- Location
- Key West, FL, USA
- Phone
- 3052942587
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $61,006
- Expenses
- $60,891
- Assets
- $136,570
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Amber Shaffer (President)
- Casey Arnold (Vice President)
- John Toppino (Vice President)
People named in this filing
- Amber Shaffer (President)
- Brittany Snyder (Treasurer)
- Casey Arnold (Vice 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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the organization is to advance the vitality of the Key West community by educating the public on the conditions necessary for businesses and communities to thrive, demonstrating how commerce positively impacts our community, encouraging creative solutions that will make our community stronger, inspiring small businesses and leadership in the Key West area and providing scholarships for Key West students.
What it reported doing in 2025
The Organization provides scholarships for high school or college students and grants for city-wide beautification projects.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
MIXED - The filed numbers largely add up and program spending has grown recently. 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: 17
- Transparency & Controls: 100
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 17.1%; rating input score 17
- Program expense ratio: 17.2%; rating input score 17
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 0.2%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 2.24; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 44.8% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 25.4% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 7.1% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 17.1% of revenue deployed · 17.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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 17/100.
- High — Financial Efficiency: Program expense ratio scored 17/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.