The Main Line Chamber Foundation

Nonprofit profile at a glance

EIN
233081583
IRS 990-EZ coverage
2011–2025
Forms available
Form 990-EZ 2025
Location
Wayne, PA, USA
Phone
6106876232
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$48,795
Expenses
$67,172
Assets
$122,913
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • BERNARD DAGENAIS (PRESIDENT)

People named in this filing

  • RICK GARRITY (DIRECTOR)
  • ERIC M HILDENBRAND (DIRECTOR)
  • CHRISTIAN HOYT (DIRECTOR)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Established in 2001 as a 501(c)(3) charitable non-profit organization, the main line chamber foundation is dedicated to its mission of (1) awarding scholarships to local volunteer firefighters and emts, (2) supporting area high school students attending pa free enterprise week summer camp, (3) assisting members' employees participating in the chamber's leadership main line program and (4) supporting the chamber's fund for investing in talent.

What it reported doing in 2025

All expenses are incurred in obtaining funds used to grant scholarships and for other worthy community projects within the foundation's exempt purpose and for the administration of the foundation.

Operating model

Revenue model
Donor-supported. 94% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 82% of its reported program spending out as grants.

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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • 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: -37.7%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 1.83; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1.4% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: -2% per year; rating input score 0; 42nd percentile among comparable filings
  • Asset growth: 4.7% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $67K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.
  • High — Sustainability: Operating margin scored 15/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.