Veterans Chamber of Commerce - Nj

Nonprofit profile at a glance

EIN
460890110
IRS 990-EZ coverage
2014–2015
Forms available
Form 990-EZ 2015
Location
Roselle Park, NJ, USA
Phone
9089562863
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$9,813
Expenses
$10,009
Assets
$3,745
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • JAMES BRODY (CHIEF EXECUTIVE OFFICER)

People named in this filing

  • JAMES BRODY (CHIEF EXECUTIVE OFFICER)
  • KEVIN MURPHY (CHIEF OPERATIONS OFFICER)
  • ANGEL CARTAGENA (TRUSTEE)

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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote and encourange communications, commerce, and employment of us veterans, veteran-owned businesses, and non-veteran enterprises for their betterment, success, and prosperity.

What it reported doing in 2015

The establishment of job fairs and fundraising events that promote the welfare and betterment of the us veterans in the community.

Operating model

Revenue model
Donor-supported. 84% of the money available for current operations came from contributions and gifts.
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. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 25
  • Transparency & Controls: 82
  • Sustainability: 41
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 39.9%; rating input score 40
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -2%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.37; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -33% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: -5.1% per year; rating input score 0; 30th percentile among comparable filings

Details

  • Where the money goes: 39.9% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2014 to 2015
  • 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 40/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.