Is American Small Business Chamber Of Commerce Inc Legit?
Quick charity verification for American Small Business Chamber Of Commerce Inc (EIN: 201323464)
Verdict: American Small Business Chamber Of Commerce Inc appears trustworthy
75/100Mission Score
$91KRevenue
$3KAssets
3Red Flags
3Strengths
Red Flags
Very low asset base relative to revenue, suggesting limited financial cushion ($2,759 assets vs. $90,542 latest revenue).
Significant year-over-year revenue fluctuations without clear growth strategy.
Lack of detailed expense breakdown in provided data makes precise program efficiency assessment difficult.
Strengths
Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive overhead.
Maintains low to no liabilities, demonstrating financial prudence.
Consistent IRS 990 filing history over a decade, showing commitment to transparency and compliance.
Spending Breakdown
How American Small Business Chamber Of Commerce Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about American Small Business Chamber Of Commerce Inc
Is American Small Business Chamber Of Commerce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Small Business Chamber Of Commerce Inc (EIN: 201323464) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is American Small Business Chamber Of Commerce Inc a good charity to donate to?
American Small Business Chamber Of Commerce Inc has a Mission Score of 75/100. Revenue: $91K. Assets: $3K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Small Business Chamber Of Commerce Inc?
The Employer Identification Number (EIN) for American Small Business Chamber Of Commerce Inc is 201323464. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does American Small Business Chamber Of Commerce Inc spend its money?
American Small Business Chamber Of Commerce Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Small Business Chamber Of Commerce Inc's tax-exempt status?
You can verify American Small Business Chamber Of Commerce Inc's tax-exempt status using EIN 201323464 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The American Small Business Chamber Of Commerce Inc demonstrates a consistent operational pattern with revenues and expenses generally in close proximity, indicating a break-even or slight deficit operational model over the past decade. For instance, in 2020, revenue was $37,878 against expenses of $35,391, showing a small surplus. However, in 2017, expenses ($57,454) exceeded revenue ($51,362), suggesting periods of deficit spending. The organization's assets have remained relatively low, peaking at $12,707 in 2020 and currently standing at $2,759, which is typical for an organization with minimal physical infrastructure or large endowments. The consistent reporting of zero officer compensation across all filings indicates a volunteer-led or very lean executive structure, which can be a positive sign for donor confidence regarding administrative overhead.
The organization's financial health appears stable but not robust, with limited reserves. The latest revenue of $90,542 and assets of $2,759 suggest a small-scale operation. The absence of reported liabilities in most recent years (e.g., $0 from 2013-2020) is a strong indicator of financial prudence and low debt burden. While specific program spending details are not provided in the summary data, the overall financial picture suggests an organization that manages its limited resources carefully. The consistent filing of IRS Form 990s over a decade demonstrates a commitment to regulatory compliance and transparency.
Given the data, the organization appears to prioritize direct operational spending over accumulating significant reserves or incurring debt. The lack of officer compensation is a notable characteristic, suggesting that leadership is either unpaid or compensated through non-officer roles, which could be interpreted as a commitment to minimizing administrative costs. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency between programs, administration, and fundraising.