Spearman Chamber of Commerce

Nonprofit profile at a glance

EIN
750726176
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024
Location
Spearman, TX, USA
Phone
8066595555
Rating confidence
Limited

Reported finances

Revenue
$21,839
Expenses
$39,821
Assets
$70,277
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JENNIFER OOLEY (VICE PRESIDENT)
  • CODY MAC BEEN (PRESIDENT)
  • BONNIE THOMPSON (EXECUTIVE DIRECTOR)

People named in this filing

  • JENNIFER OOLEY (VICE PRESIDENT)
  • CODY MAC BEEN (PRESIDENT)
  • JESSICA BATES (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

Normal activity of a small chamber of commerce such as economic development enhance quality of the community, support local businesses

What it reported doing in 2024

Normal activities of a small chamber of commerce (economic development, enhance quality of the community, support businesses) all citizens of the city of spearman benefit

Operating model

Revenue model
Membership-supported. 68% of the money available for current operations came from membership dues.
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: 82
  • Sustainability: 37
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: -82.3%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 1.76; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 1.9% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 6.6% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2011 to 2024
  • 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 9/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.