Lacey Chamber of Commerce Inc
Nonprofit profile at a glance
- EIN
- 943465688
- IRS 990-EZ coverage
- 2013–2017
- Forms available
- Form 990-EZ 2017
- Location
- Forked River, NJ, USA
- Phone
- 6096077670
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $19,179
- Expenses
- $11,465
- Assets
- $20,237
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- James Spaloss (Vice President)
- Jason Henbest (President)
- Jaimee Henbest (Executive Director)
People named in this filing
- James Spaloss (Vice President)
- Donna Volz (Treasurer)
- Jason Henbest (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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See Schedule O
What it reported doing in 2017
Support and promote members while improving the Lacey Township business climate
Operating model
- Revenue model
- Membership-supported. 64% of the money available for current operations came from membership dues.
- 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 21
- Transparency & Controls: 82
- Sustainability: 67
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 34.2%; rating input score 34
- 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: 40.2%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 1.77; rating input score 63; 63rd 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: -45.3% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: -10.9% per year; rating input score 0; 25th percentile among comparable filings
- Asset growth: 1.9% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 34.2% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 5 filing years from 2013 to 2017
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.