Lonoke Area Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 710410083
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Lonoke, AR, USA
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community Service Clubs
Reported finances
- Revenue
- $65,146
- Expenses
- $62,185
- Assets
- $22,132
- Liabilities
- $2,004
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Adam Starks (Vice President)
- Ashley Reed (Past President)
- Megan Gray (President)
- Hannah Harris (Executive Director)
People named in this filing
- Adam Starks (Vice President)
- Ashley Reed (Past President)
- Megan Gray (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See Schedule O, General Statement
What it reported doing in 2024
Location maintenance and activities to encourage active participation by the local business community.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 91% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue 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: 40
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 39%; rating input score 39
- Program expense ratio: 40.7%; rating input score 41
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 4.5%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -29.6% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: 78.8% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 79.6% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 39% of revenue deployed · 40.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $25K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
- Moderate — Financial Efficiency: Program expense ratio scored 41/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- Review — Sustainability: Operating margin scored 54/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.