Community Improvement (S414)

BOONE AREA CHAMBER OF COMMERCE

EIN: 42-0147570 · BOONE, IA 50036 · United States · FY 2023 Data

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Financial Overview — FY 2023

$266K

Total Revenue

$275K

Total Expenses

$348K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 59.2%

Fundraising Efficiency 0.0%

Operating Reserve 15.20x

Liability-to-Asset 12.2%

Revenue Diversification 62.6%

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$266K	$275K	$348K	59.2%	5
2022	$268K	$349K	N/A	—	6
2021	$307K	$362K	N/A	—	7

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Organization Details

EIN: 42-0147570
State: IA
City: BOONE
ZIP: 50036
Classification: S414
Category: Community Improvement
Last Updated: Oct 2025

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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