Quick charity verification for Blue Hill Peninsula Chamber Of Commerce (EIN: 10537565)
Verdict: Blue Hill Peninsula Chamber Of Commerce appears trustworthy
75/100Mission Score
$38KRevenue
$33KAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in 2023 ($36,553 vs. $26,956), indicating a deficit for the period.
Significant fluctuations in annual revenue and expenses, making long-term financial planning potentially challenging.
Strengths
Consistent reporting of 0% officer compensation, suggesting efficient use of funds and potentially volunteer-led operations.
Elimination of liabilities since 2020, indicating improved financial health and balance sheet strength.
Consistent filing of IRS 990 forms over many years, demonstrating good transparency and compliance.
Maintained a positive asset base, with $44,928 in assets reported for 2023.
Spending Breakdown
How Blue Hill Peninsula Chamber Of Commerce allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Blue Hill Peninsula Chamber Of Commerce
Is Blue Hill Peninsula Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Blue Hill Peninsula Chamber Of Commerce (EIN: 10537565) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Blue Hill Peninsula Chamber Of Commerce a good charity to donate to?
Blue Hill Peninsula Chamber Of Commerce has a Mission Score of 75/100. Revenue: $38K. Assets: $33K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Blue Hill Peninsula Chamber Of Commerce?
The Employer Identification Number (EIN) for Blue Hill Peninsula Chamber Of Commerce is 10537565. 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 Blue Hill Peninsula Chamber Of Commerce spend its money?
Blue Hill Peninsula Chamber Of Commerce allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Blue Hill Peninsula Chamber Of Commerce's tax-exempt status?
You can verify Blue Hill Peninsula Chamber Of Commerce's tax-exempt status using EIN 10537565 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 Blue Hill Peninsula Chamber Of Commerce demonstrates a mixed financial picture. While the organization has maintained a consistent revenue stream, averaging around $45,000 annually over the past decade, its financial health shows some volatility. In 2023, expenses ($36,553) exceeded revenue ($26,956), leading to a deficit. However, the prior two years (2021 and 2022) showed healthy surpluses, with revenue significantly outpacing expenses. The organization's assets have fluctuated, reaching a high of $54,525 in 2022 before decreasing to $44,928 in 2023. A positive trend is the consistent reporting of zero liabilities in recent years (2020-2023), indicating improved financial stability compared to earlier periods where liabilities were substantial.
Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the absence of officer compensation reported across all filings suggests that the organization is run by volunteers or that compensation falls below reporting thresholds, which can be a sign of efficient use of funds for a small organization. The primary focus of a Chamber of Commerce is typically program-related (e.g., promoting local business, tourism), and the lack of significant administrative or fundraising overhead (implied by zero officer compensation) suggests that most funds are likely directed towards these activities.
Transparency appears to be good, with a consistent filing history of 12 IRS 990 forms. The organization's financial data is publicly available, allowing for oversight. The consistent reporting of key financial metrics, including revenue, expenses, assets, and liabilities, contributes to its transparency. The absence of reported officer compensation also simplifies the analysis of how funds are allocated at the top level.