Sunrise Chamber of Commerce Inc

Nonprofit profile at a glance

EIN
596602657
IRS 990-EZ coverage
2014–2024
Forms available
Form 990 2013, Form 990-EZ 2024
Location
Fort Lauderdale, FL, USA
Phone
9549331558
Rating
47
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$167,544
Expenses
$167,336
Assets
$160,482
Liabilities
$9,775

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

Leadership & pay

4 people listed

People named in this filing

  • BRIAN FEUER (CHAIRMAN)
  • SHARY PATTON (VICE CHAIR)
  • DON FALLENBAUM (TREASURER)

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

Chamber of commerce benefiting the small businesses & citizens of the community of sunrise Florida.

What it reported doing in 2024

Organization and presentation of business networking functions, specifically designed forinteraction with the community including seminars, retreats, and business expos.facilitation of growth for hundreds of businesses in the small business community.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 program spending has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 1
  • Transparency & Controls: 100
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 1%; rating input score 1
  • 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: 0.1%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0.96; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 50.7%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 11.8% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: 14.9% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 1% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2014 to 2024
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 1/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.