The Colony Chamber
Nonprofit profile at a glance
- EIN
- 751871980
- IRS 990 coverage
- 2022–2025
- Forms available
- Form 990 2025, Form 990-EZ 2020, Form 990-N 2010
- Location
- The Colony, TX, USA
- Phone
- 4694044088
- Rating
- 40
- Verdict
- MIXED
- Rating confidence
- Standard
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $221,413
- Expenses
- $139,132
- Assets
- $185,808
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- DJ CUNNINGHAM (MEMBER)
- KEN FLO (MEMBER)
- MICHAEL TOVAR (MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The colony chamber of commerce is an association of member businesses, organizations, and ivdividuals whose goal is the further the interests of businesses and the community. The chmaber works on a local level to bring the business community together to develop strong networks wh
What it reported doing in 2025
The organization posts a weekly e-newsletter which provides iinformation about community events, chamber events, new members, and robboncutting ceremonies. The chamber also maintains a website that allows members to post job openings, coupons, member links, and banner ads. The chamber holds monthly and annual fundraising events to promotethe business community such as the annual awards banquet which recognizes local businesses. The monthy leadership luncheons to promote leadership training. The taste of the colony is held each year to celebrate great food, live music and family fun and highlights the best culinary options in the colony. The salute to the stars awards gala is held to celebrate the community and incoudes live entertainment. The scott watson memorial golf tournmanet is also held.
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 100% 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 3
- Transparency & Controls: 86
- Accountability: 30
- Sustainability: 71
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0.9%; rating input score 1
- Program expense ratio: 1.2%; rating input score 1
- Fundraising efficiency: $3.92 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings
Transparency & Controls
- Consistency checks: 83.3%; rating input score 83; 2nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 37.2%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 1.34; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: -73% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: 17.3% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 16.9% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 0.9% of revenue deployed · 1.2% of spending went to programs
- Governance: 0 of 13 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 17 of 19 current checks pass · 2 findings to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 4 filing years from 2022 to 2025
- 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 — Financial Efficiency: Mission deployment rate scored 1/100.
- High — Financial Efficiency: Program expense ratio scored 1/100.
- High — Accountability: Independent voting board scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 17/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule G fundraiser detail did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.