Wheaton-kensington Chamber of Commerce Inc

Nonprofit profile at a glance

EIN
520634562
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Wheaton, MD, USA
Phone
3019490080
Rating
40
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$35,288
Expenses
$39,615
Assets
$7,323
Liabilities
$2,747

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

Leadership & pay

12 people listed

Executive titles in this filing

  • WILLIAM MOORE (IMMEDIATE PAST PRESIDENT)
  • OMAR LAZO (PRESIDENT)
  • ALI OLIVER-KRUEGER (VICE PRESIDENT)

People named in this filing

  • WILLIAM MOORE (IMMEDIATE PAST PRESIDENT)
  • LUISA F CARDONA (EX-OFFICIO DIRECTOR)
  • OMAR LAZO (PRESIDENT)

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

Chamber of commerce

What it reported doing in 2024

Community guide- annual publication lists businesses and services in the community and is provided to the public at no charge (3,000 recipients)

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. 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: 12
  • Transparency & Controls: 82
  • Sustainability: 26
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 12.4%; rating input score 12
  • Program expense ratio: 11.1%; rating input score 11

Transparency & Controls

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

Sustainability

  • Operating margin: -12.3%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.18; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -4.3% per year; rating input score 0; 37th percentile among comparable filings
  • Revenue growth: -1.3% per year; rating input score 0; 46th percentile among comparable filings
  • Asset growth: -1% per year; rating input score 0; 35th percentile among comparable filings

Details

  • Where the money goes: 12.4% of revenue deployed · 11.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 15 filing years from 2010 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.

  • High — Financial Efficiency: Mission deployment rate scored 12/100.
  • High — Financial Efficiency: Program expense ratio scored 11/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.