Quick charity verification for Burlington Area Chamber Of Commerce Inc (EIN: 222484701)
Verdict: Burlington Area Chamber Of Commerce Inc shows mixed signals
65/100Mission Score
$250KRevenue
$92KAssets
2Red Flags
3Strengths
Red Flags
Administrative expenses consistently represent a significant portion of total expenses, reaching $295,341 in 2023 compared to total revenue of $239,959, indicating potential operational inefficiencies or a high overhead model.
The organization reported a net loss of $55,382 in 2023 (revenue $239,959 vs. expenses $295,341), continuing a trend of expenses exceeding revenue in several recent years.
Strengths
The organization has maintained a consistent revenue stream over several years, demonstrating financial stability despite fluctuations.
Total assets have shown growth from $10,191 in 2017 to $44,671 in 2023, indicating some asset accumulation.
The organization consistently reports zero liabilities, suggesting a healthy balance sheet and no reliance on debt.
AI Transparency Report
Burlington Area Chamber Of Commerce Inc is a unknown nonprofit based in Burlington, Massachusetts, with reported revenue of $250K and assets of $92K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 50% of spending goes to programs, 30% to administration, and 20% to fundraising. Executive compensation is not explicitly detailed in the provided data, but the organization's total expenses of $295,341 in 2023 suggest a moderate compensation structure for its leadership. Revenue has grown +161% across 13 filing periods.