Leadville-lake County Chamber of Commerce Foundation

Nonprofit profile at a glance

EIN
742410782
IRS 990-EZ coverage
2014–2022
Forms available
Form 990-EZ 2022
Location
Leadville, CO, USA
Rating confidence
Limited

Reported finances

Revenue
$1
Expenses
$222
Assets
$2,244

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • JOHN CIRULLO (PRESIDENT, D)

People named in this filing

  • JOHN CIRULLO (PRESIDENT, D)
  • JOANN CIRULLO (SEC/TREAS, D)
  • ANN MARIE BRADACH (DIRECTOR)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation is organized exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code, including for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code, or corresponding section of any future federal tax code. We work with agencies, organizations and business to support and develop the community.

What it reported doing in 2022

To provide funding for informational signage and educational materials regarding existing historic buildings in the community to foster community education and pride in leadville and lake county's heritage. The county population is approximately 7200 with a significant visitor based tourism economy.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
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: 82
  • Sustainability: 33
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • 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: -22,100%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 10.11; rating input score 91; 91st 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: -22.3% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -17.6% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: 11.1% per year; rating input score 100; 73rd percentile among comparable filings

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 · 3 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2014 to 2022
  • Contacts: How to reach this organization
  • 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 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.