Civic Intelligence

Beaumont Chamber Foundation

990EZ • Fiscal year 2022 • EIN 76-0516154

Oct 01, 2021 to Sep 30, 2022 • Filed on Aug 03, 2023

PO Box 3150Beaumont, TX 77704

(409) 838-6581

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.40x

Higher debt load relative to assets than 88% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

0.22x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

57th percentile

9.3%

Higher net margin than 57% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

68th percentile

16%

Faster asset growth than 68% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

65th percentile

31%

Faster revenue growth than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$89,409

Up $12,557 (+16%) from 2021

Net Assets

Up

$53,419

Up $14,952 (+39%) from 2021

Liabilities

Down

$35,990

Down $2,395 (-6.2%) from 2021

Revenue

Up

$160,038

Up $37,473 (+31%) from 2021

Expenses

Up

$145,086

Up $35,152 (+32%) from 2021

Net Income

Up

$14,952

Up $2,321 (+18%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2011: $104,957Liabilities 2011: $18,3402011Assets 2012: $95,741Liabilities 2012: $15,7332012Assets 2013: $99,358Liabilities 2013: $24,063Net Assets 2013: $75,2952013Assets 2014: $88,329Liabilities 2014: $34,587Net Assets 2014: $53,7422014Assets 2015: $78,197Liabilities 2015: $30,784Net Assets 2015: $47,4132015Assets 2016: $75,062Liabilities 2016: $31,863Net Assets 2016: $43,1992016Assets 2017: $66,592Liabilities 2017: $36,069Net Assets 2017: $30,5232017Assets 2018: $50,008Liabilities 2018: $34,139Net Assets 2018: $15,8692018Assets 2019: $99,906Liabilities 2019: $46,924Net Assets 2019: $52,9822019Assets 2020: $66,808Liabilities 2020: $40,974Net Assets 2020: $25,8342020Assets 2021: $76,852Liabilities 2021: $38,385Net Assets 2021: $38,4672021Assets 2022: $89,409Liabilities 2022: $35,990Net Assets 2022: $53,4192022Assets 2023: $64,988Liabilities 2023: $50,155Net Assets 2023: $14,8332023Assets 2024: $62,720Liabilities 2024: $36,315Net Assets 2024: $26,4052024

Highlighted filing

2022

Assets$89,409
Liabilities$35,990
Net Assets$53,419

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $75,433Expenses 2011: $73,716Net Income 2011: $1,7172011Revenue 2012: $86,476Expenses 2012: $93,086Net Income 2012: -$6,6102012Revenue 2013: $89,700Expenses 2013: $94,412Net Income 2013: -$4,7122013Revenue 2014: $66,331Expenses 2014: $87,885Net Income 2014: -$21,5542014Revenue 2015: $79,952Expenses 2015: $86,281Net Income 2015: -$6,3292015Revenue 2016: $73,734Expenses 2016: $77,948Net Income 2016: -$4,2142016Revenue 2017: $75,054Expenses 2017: $87,730Net Income 2017: -$12,6762017Revenue 2018: $71,110Expenses 2018: $85,765Net Income 2018: -$14,6552018Revenue 2019: $126,715Expenses 2019: $89,602Net Income 2019: $37,1132019Revenue 2020: $72,716Expenses 2020: $99,863Net Income 2020: -$27,1472020Revenue 2021: $122,565Expenses 2021: $109,934Net Income 2021: $12,6312021Revenue 2022: $160,038Expenses 2022: $145,086Net Income 2022: $14,9522022Revenue 2023: $74,556Expenses 2023: $113,144Net Income 2023: -$38,5882023Revenue 2024: $150,420Expenses 2024: $138,849Net Income 2024: $11,5712024

Highlighted filing

2022

Revenue$160,038
Expenses$145,086
Net Income$14,952
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 3, 2023
Return Version
2021v4.0
Gross Receipts
$160,038
Mission and Program Overview

Mission

The foundation provides leadership and development programs which educate participants about the needs of the community and encourages participants to broaden their involvement in community affairs.

Program Services

DescriptionGrantsExpenses
LEADERSHIP BEAUMONT: A LEADERSHIP DEVELOPMENT PROGRAM WHICH PROMOTES COMMUNITY INVOLVEMENT AND STRENGTHENS RELATIONSHIPS BETWEEN PARTICIPANTS FROM VARIOUS SEGMENTS OF THE COMMUNITY.-$19,881
OTHER: VARIOUS PROGRAMS FOR LEADERSHIP BEAUMONT ALUMNI AND MEMBERS OF THE COMMUNITY WHICH PROVIDE OPPORTUNITIES TO RECEIVE ADVANCED TRAINING AND MAINTAIN NETWORKS.-$5,413
YOUTH LEADERSHIP: A LEADERSHIP DEVELOPMENT PROGRAM FOR MIDDLE AND HIGH SCHOOL LEVEL STUDENTS.-$3,842
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANGELA CLARKPresident-$0--
TYLER THOMASPresident-$0--
TRUDY JOHNSONSecretary-$0--
CHRIS LANIERTreasurer-$0--
CARALEE THOMPSONDirector-$0--
ZACH STILESDirector-$0--
MARK MCKEEDirector-$0--
CHRISTINA MAJDALANI LOKEYDirector-$0--
EMILY BRACKINDirector-$0--
DAVE STEPHENSDirector-$0--
KRISTA HUNTERExecutive Di-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spice of the Se$43,281$43,281-$43,281
Golf Tournament$13,563$13,563-$13,563
Total Events$69,454$69,454-$69,454
Filing and Contact Details

Filer

Filer Name
Beaumont Chamber Foundation
EIN
76-0516154
Phone
4098386581
Address
PO BOX 3150, BEAUMONT, TX 77704

Signing Officer

Name
Tyler Thomas
Title
President
Phone
4098386581
Signed
2023-08-03
Discuss with paid preparer
Yes

Preparer

Firm
Lawrence Blackburn Meek Maxey & Co
Address
2920 EASTEX FWY, BEAUMONT, TX 77703-4643
Preparer
Julia F Hayes
Phone
4098987610
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Beaumont chamber 66,147 of commerce p.o. Box 3150 beaumont tx 77704

Form 990-ez, Part I, Line 16

Spice of the season food 4,725 rental 1,900 decor 749 supplies 1,176 golf tournament rental 3,663 signs 78 miscellaneous 1,263 food & beverages fundraiser miscellaneous 29 food 6,156 expenses office supplies 550 travel 4,288 insurance 1,505 miscellaneous 438 refreshments 5,770 monthly programs 4,853 lemonade expenses 16,396 recognition awards 50 refreshments 4,347 miscellaneous 1,016 dues 250 rent 1,900 scholarships 3,200 refreshments 3,842 refreshments 130 miscellaneous 2,561 total 70,835

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 713 734 leadership software 1,970 1,970 less accumulated depreciation 1,970 1,970 due from bcoc other 2,131 4,685 a/r alumni events 25 4,710 a/r golf tournament 500 0 a/r tuition 7,600 7,850 a/r alumni dues 680 0 a/r spice of the season 900 4,750 a/r lemonade day 2,000 0 total 14,549 22,729

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,839 1,732 deferred revenue 31,089 26,050 due to beaumont chamber 5,457 8,208

Form 990-ez, Part III

The foundation provides leadership and development programs which educate participants about the needs of the community and encourages participants to broaden their involvement in community affairs.

Raw XML Appendix189 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BEAUMONT CHAMBER 66,147 OF COMMERCE P.O. BOX 3150 BEAUMONT TX 77704
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SPICE OF THE SEASON FOOD 4,725 RENTAL 1,900 DECOR 749 SUPPLIES 1,176 GOLF TOURNAMENT RENTAL 3,663 SIGNS 78 MISCELLANEOUS 1,263 FOOD & BEVERAGES FUNDRAISER MISCELLANEOUS 29 FOOD 6,156 EXPENSES OFFICE SUPPLIES 550 TRAVEL 4,288 INSURANCE 1,505 MISCELLANEOUS 438 REFRESHMENTS 5,770 MONTHLY PROGRAMS 4,853 LEMONADE EXPENSES 16,396 RECOGNITION AWARDS 50 REFRESHMENTS 4,347 MISCELLANEOUS 1,016 DUES 250 RENT 1,900 SCHOLARSHIPS 3,200 REFRESHMENTS 3,842 REFRESHMENTS 130 MISCELLANEOUS 2,561 TOTAL 70,835
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREPAID EXPENSES AND DEFERRED CHARGES 713 734 LEADERSHIP SOFTWARE 1,970 1,970 LESS ACCUMULATED DEPRECIATION 1,970 1,970 DUE FROM BCOC OTHER 2,131 4,685 A/R ALUMNI EVENTS 25 4,710 A/R GOLF TOURNAMENT 500 0 A/R TUITION 7,600 7,850 A/R ALUMNI DUES 680 0 A/R SPICE OF THE SEASON 900 4,750 A/R LEMONADE DAY 2,000 0 TOTAL 14,549 22,729
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,839 1,732 DEFERRED REVENUE 31,089 26,050 DUE TO BEAUMONT CHAMBER 5,457 8,208
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION PROVIDES LEADERSHIP AND DEVELOPMENT PROGRAMS WHICH EDUCATE PARTICIPANTS ABOUT THE NEEDS OF THE COMMUNITY AND ENCOURAGES PARTICIPANTS TO BROADEN THEIR INVOLVEMENT IN COMMUNITY AFFAIRS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JULIA F HAYES
ReturnHeader/ReturnTs02023-08-10T12:25:02-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TYLER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0THOMAS
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.63$0.36$0.26$1.50$1.39$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.65$0.50$0.15$0.75$1.13$0.39
2022Detailed filing. Detailed filing data is available for this year.$0.89$0.36$0.53$1.60$1.45$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.77$0.38$0.38$1.23$1.10$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.41$0.26$0.73$1.00$0.27
2019Detailed filing. Detailed filing data is available for this year.$1.00$0.47$0.53$1.27$0.90$0.37
2018Detailed filing. Detailed filing data is available for this year.$0.50$0.34$0.16$0.71$0.86$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.67$0.36$0.31$0.75$0.88$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.75$0.32$0.43$0.74$0.78$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.78$0.31$0.47$0.80$0.86$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.35$0.54$0.66$0.88$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.24$0.75$0.90$0.94$0.05
2012Summary only. Only limited summary data is available for this year.$0.96$0.16$0.86$0.93$0.07
2011Summary only. Only limited summary data is available for this year.$1.05$0.18$0.75$0.74$0.02