Rainier Chamber Foundation
Nonprofit profile at a glance
- EIN
- 911702286
- IRS 990-EZ coverage
- 2010–2019
- Forms available
- Form 990-EZ 2019
- Location
- Seattle, WA, USA
- Phone
- 2067252010
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities N.E.C.
Reported finances
- Revenue
- $39,785
- Expenses
- $60,620
- Assets
- $108,982
- Liabilities
- $117,148
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Curtis Brown (President)
People named in this filing
- Curtis Brown (President)
- Hal Brookins (Treasurer)
- Bill Wetzel (Member at Large)
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 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote business and the quality of life in the Rainier Valley District of Seattle, Washington
What it reported doing in 2019
Scholarship program and auction for cultural advancement of the Rainier Valley district area
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 68% for direct work, and 32% for 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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 31
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 79.1%; rating input score 79
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -52.4%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 1.8; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 1.07; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -2% per year; rating input score 0; 47th percentile among comparable filings
- Revenue growth: 0.6% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 1.5% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 79.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $48K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2010 to 2019
- 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.
- High — Sustainability: Operating margin scored 12/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.