The Chamber Foundation Inc
Nonprofit profile at a glance
- EIN
- 300028248
- IRS 990-EZ coverage
- 2011–2011
- Forms available
- Form 990 2010, Form 990-EZ 2011
- Location
- Wappingers Falls, NY, USA
- Phone
- 8452960001
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $78,172
- Expenses
- $57,906
- Assets
- $56,234
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
5 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To conduct activities that contribute to community development in dutchess county to include advancing quality of life and public concern issues and to establish scholarship and grant programs for students assisting the foundation with its charitable and educational purpose.
What it reported doing in 2011
Leadership dutchess: quality leadership program that better equips area professionals with the skills needed to take on leadership roles that will result in making positive, long-term changes in our communities and in the world of business.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 91% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 100
- Sustainability: 53
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.1%; rating input score 74
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 25.9%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 0.97; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: -67.8% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: 99.1% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 74.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $58K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- 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 — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.