Titusville Area Chamber of Commerce

Nonprofit profile at a glance

EIN
250839795
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Titusville, PA, USA
Phone
8148272941
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$66,902
Expenses
$36,234
Assets
$64,800
Liabilities
$2,416

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

Leadership & pay

7 people listed

Executive titles in this filing

  • KRISTEN KERR (PRESIDENT)
  • NEIL FRATUS (VICE-PRESIDENT)
  • REBECCA SAINTZ (EXECUTIVE DIRECTOR)

People named in this filing

  • KRISTEN KERR (PRESIDENT)
  • NEIL FRATUS (VICE-PRESIDENT)
  • KURTIS BILLG (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

Local area chamber of commerce - provides support to and promotes local member businesses operating in or near the city of titusville. The chamber staff answer questions from the public, offer brochures to locals and visitors, and maintain a gift certificate program for members. The current membership is appoximately 200 businesses.

What it reported doing in 2024

The chamber has a committee called "take pride" which sponsors a large drive-thru christmas light display in the city. The committee also sponsors a downtown cleanup day when volunteers sweep and clean the downtown sidewalks, and clean the large downtown park. These enhance the quality of life for thousands of area citizens.

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

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 82
  • Sustainability: 69
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 45.5%; rating input score 46
  • Program expense ratio: 84.1%; rating input score 84

Transparency & Controls

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

Sustainability

  • Operating margin: 45.8%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 1.79; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 12.2% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: -3.4% per year; rating input score 0; 39th percentile among comparable filings
  • Asset growth: 3.2% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 45.5% of revenue deployed · 84.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $30K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2013 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.