Richardson Chamber of Commerce Foundation
Nonprofit profile at a glance
- EIN
- 853939097
- IRS 990-EZ coverage
- 2024–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Richardson, TX, US
- Phone
- 9727922809
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Economic Development
Reported finances
- Revenue
- $198,365
- Expenses
- $9,313
- Assets
- $197,512
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Stan Bradshaw (Vice President)
People named in this filing
- Richard Ramey (Chairman)
- Stan Bradshaw (Vice President)
- Kim Quirk (Secretary)
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
We develop and provide leadership for our members and community through advocacy, alliances, economic and workforce development and education to advance economic prosperity.
What it reported doing in 2024
The Corporation will be operated solely to (i) provide a long-term home for the Richardson Chamber of Commerce, (ii) fund economic development, workforce development and redevelopment activities in the City of Richardson, (iii) provide financial assistance to financially challenged applicants of the Richardson Chamber of Commerce Leadership Richardson, (iv) develop continuing education and professional development programs in topics such as human resources, diversity and inclusion, sales and marketing, information technology, etc., and (iv) do all things necessary for and incidental to the accomplishment of the purposes and goals of the Corporation.
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
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 2
- Transparency & Controls: 100
- Sustainability: 83
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 2.6%; rating input score 3
- Program expense ratio: Limited
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: 95.3%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 21.21; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: Limited
- 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
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 2.6% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 3/100.