Lewisville-clemmons Chamber of Commerce is a 501(c)(6) organization based in Clemmons, North Carolina, registered in 2009, with $141,678 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$142K
▲ 52.8% vs prior year
Community median: $184K
Expenses (FY2023)
$131K
Net assets
$77K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lewisville-clemmons Chamber of Commerce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lewisville-clemmons Chamber of Commerce: 7 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lewisville-clemmons Chamber of Commerce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lewisville-clemmons Chamber of Commerce: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $53K (FY2013) to $142K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
7.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$80K
Total liabilities
$3,072
Net assets
$77K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $141,678▲52.8% | $131,137▲12.7% | $76,654▲15.9% | $79,726▲20.2% | 990EZ |
| 2022 | $92,693▼20.5% | $116,403▲0.6% | $66,113▼26.4% | $66,350▼26.1% | 990EZ |
| 2021 | $116,645▼8.8% | $115,668▼4.9% | $89,823▲1.1% | $89,823▲1.1% | 990EZ |
| 2020 | $127,895▼14.6% | $121,617▼6.8% | $88,846▲7.6% | $88,846▲7.6% | 990EZ |
| 2019 | $149,752▲31.2% | $130,489▲15.3% | $82,568▲30.4% | $82,568▲29.9% | 990EZ |
| 2018 | $114,161▲1.3% | $113,222▲12.2% | $63,305▲1.5% | $63,543▼0.1% | 990EZ |
| 2017 | $112,661▲10.4% | $100,917▲6.5% | $62,366▲23.2% | $63,579▲18.8% | 990EZ |
| 2016 | $102,093▲21.0% | $94,753▲33.4% | $50,622▲17.0% | $53,497▲23.6% | 990EZ |
| 2015 | $84,386▲34.5% | $71,030▲25.1% | $43,282▲44.6% | $43,282▲44.6% | 990EZ |
| 2014 | $62,758▲18.7% | $56,775▲27.0% | $29,926▲25.0% | $29,926▲25.0% | 990EZ |
| 2013 | $52,852 | $44,692 | $23,942 | $23,942 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to Lewisville-clemmons Chamber of Commerce totaling $16K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Forsyth Memorial Hospital Inc | Community outreach | 2017 | $5,200 |
| Forsyth Memorial Hospital Inc | Community outreach | 2015 | $5,750 |
| North Carolina Baptist Hospital | Community support | 2015 | $5,000 |
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Data for Lewisville-clemmons Chamber of Commerce (EIN 74-3215354) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.