North Tampa Bay Chamber Foundation

Nonprofit profile at a glance

EIN
873442720
IRS 990-EZ coverage
2025–2025
Forms available
Form 990-EZ 2025, Form 990-N 2024
Location
Lutz, FL, USA
Phone
8139948534
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$154,900
Expenses
$159,896
Assets
$3,399
Liabilities
$1,263

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • HOPE KENNEDY (PRESIDENT, C)

People named in this filing

  • HOPE KENNEDY (PRESIDENT, C)
  • MICHAEL BERTHELETTE (CHAIRMAN)
  • AARON BANKS (TREASURER)

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 aim and purposes of our foundation are to support, scientific, educational, or promotion of economic vitality. Through both direct contributions from any other organization, trust fund, fund, or foundation whose purposes are charitable and align with our goals.

What it reported doing in 2025

The specific purpose of our foundation is to conduct philanthropic and charitable works in and around the community served by the north tampa bay chamber, inc. (the chamber). The foundations purposes may include the advancement and diffusion of knowledge and understanding of economics, promoting economic development, the leadership development of the community, matters of public concern, finance, education and training, housing, science and technology, economic planning and development, international relations, human relations, diversity, equity and inclusion and other subjects related to improved efficiency, development, acceleration of both the quality and quantity of economic growth and employment and opportunities through: the undertaking of studies and research, a compilation of results, and publication thereof through any appropriate media; the conduct of training courses, seminars, discussion groups, forums, panels or lectures, and the like; any activity which tends to promote understanding, unification, equality and improve relationships. Providing scholarships, grants, and funding opportunities in and around the community served by the chamber.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 100
  • Sustainability: 21
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.5%; rating input score 100
  • Program expense ratio: 96.4%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -3.2%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0.02; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0.37; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 99.5% of revenue deployed · 96.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $154K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • 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 23/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.