La Habra Area Chamber of Commerce

Nonprofit profile at a glance

EIN
951515364
IRS 990 coverage
2011–2024
Forms available
Form 990 2024, Form 990-EZ 2019
Location
La Habra, CA, USA
Phone
5626971704
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$94,512
Expenses
$176,670
Assets
$62,912
Liabilities
$29,520

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • LINNETTE FALCON (President & CEO)

Highest reported compensation

  • MARIE LAVEAGA (Secretary): $78,192 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote a better life for the area

What it reported doing in 2024

THE CHAMBER PUTS ON VARIOUS EVENTS, NEWORKING MEETINGS AND FORUMS; ALSO PROVIDES SERVICES TO THE CITY GOVERNMENT, LOCAL BUSINESS AND RESIDENTS, TO IMPROVE THE QUALITY OF LIFE IN AND AROUND THE CITY OF LA HABRA.1.Organized and hosted a variety of events, networking meetings, and community forums to support engagement in La Habra.2.Provided ongoing services to city government, local businesses, and residents to enhance the overall quality of life.3.Successfully planned and implemented the Citrus Fair, a key community event.4.Actively participated in State of the Nation initiatives and related civic efforts.5.Maintained a strong membership base of over 300 businesses, including consistent recruitment of new members.6.Served as a resource hub for grant referrals, city resources, and business programming.7.Expanded and promoted member services through a growing social media presence.8.Successfully organized opportunities for new member businesses.9.Acted as a central hub for business and community networking while representing member interests in governmental affairs.10.The chamber of commerce successfully hosted an event benefiting the La Habra Chamber Charitable Corporation.

Operating model

Revenue model
Earned-program. 65% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 83
  • Accountability: 21
  • Sustainability: 17
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 55.7%; rating input score 56
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 22nd 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: 0%; rating input score 0; 9th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -86.9%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 0.36; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.47; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 44.3%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 19% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: -1.6% per year; rating input score 0; 54th percentile among comparable filings
  • Asset growth: 5.1% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 55.7% of spending went to programs
  • Governance: 0 of 13 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $78K · 12 people listed
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 11 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Accountability: Independent voting board scored 0/100.
  • Review — Financial Efficiency: Program expense ratio scored 56/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 22/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.