Sonoma Valley Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 940880085
- IRS 990 coverage
- 2010–2017
- Forms available
- Form 990 2017
- Location
- Sonoma, CA, USA
- Phone
- 7079961033
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $330,748
- Expenses
- $290,561
- Assets
- $122,977
- Liabilities
- $2,360
Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- ERIC GULLOTTA (PRESIDENT)
- PATRICIA SHULTS (EXECUTIVE DIRECTOR)
- SION EDWARDS (VICE PRESIDENT)
Highest reported compensation
- PATRICIA SHULTS (EXECUTIVE DIRECTOR): $100,894 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Sonoma valley chamber of commerce is dedicated to developing innovative programs and partnerships that enhance and promote business and a strong local economy, to communicating information on relevant business trends, to being a leader in legislative advocacy for business interests on the city, county, state, and local levels, and to providing networking and leadership opportunities for members.
What it reported doing in 2017
Provide information, education, and services promoting the businesses, environment, and economy of the sonoma valley
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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 63
- Sustainability: 46
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 12.2%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 34.7%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 5% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 41% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 11 of 11 board members independent · 1 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $101K · 12 people listed
- Consistency: 10 of 10 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2010 to 2017
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Accountability: Governance controls: 6 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.