Norwegian Commercial Club

Overview

Mission

To promote and encourage civic and commercial activity to the end that benefits therefrom may accure to the state of Washington, city of seattle, and the pacific northwest; to foster trade and commerce among its members; to promote and elevate business standards and professional ethics; to offer invitations for others to seek this state and community as their field of commercial endeavor and to extend hospitality to vistors and new arrivals; to assist in and encourage the building of new industries and the expansion of old; to advocate good citizenship and to encourage interest and active participation by its members in public affairs; to provide facilities and accommodations for business meetings and social gatherings; to establish and maintain a social and business club for norwegians, norwegian americans and others, to provide such quarters, meeting places and facilities as will serve the purposes for which this norwegian commercial club is organized.

Operating model

Revenue model

Mixed. Its operating money came from several sources; no one source provided a clear majority.

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

REVIEW - The filed numbers largely add up and most voting board members are independent. 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: 0
• Transparency & Controls: 75
• Accountability: 64
• Sustainability: 52
• Growth: 20

Detailed rating inputs

Details

• Where the money goes: 0% of revenue deployed · 0% of spending went to programs
• Governance: 10 of 10 board members independent · 1 of 7 filing controls reported
• Programs: 1 filed program accomplishment · $47K in reported program spending
• Leadership: top reported pay $0 · 10 people listed
• Consistency: 11 of 13 current checks pass · 2 findings to review
• Schedules: 5 filed schedules · includes grants
• Filing history: 2 filing years from 2023 to 2024
• Contacts: How to reach this organization
• Money network: 1 filed money-flow record
• Related organizations: 2 filed related-organization links
• 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.

• High — Financial Efficiency: Mission deployment rate scored 0/100.
• High — Financial Efficiency: Program expense ratio scored 0/100.
• High — Accountability: Governance controls: 5 of 6 not reported.
• High — Growth: Revenue growth scored 0/100.
• Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
• Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
• High — Sustainability: Total-asset coverage ratio scored 19/100.
• High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.