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.
Spending Breakdown
How Burlington Area Chamber Of Commerce Inc allocates its funds across programs, administration, and fundraising.
50%
Program Spending
Below average — room for improvement
30%
Admin Costs
High — over 25% on administration
20%
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 Burlington Area Chamber Of Commerce Inc
Is Burlington Area Chamber Of Commerce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Burlington Area Chamber Of Commerce Inc (EIN: 222484701) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Burlington Area Chamber Of Commerce Inc a good charity to donate to?
Burlington Area Chamber Of Commerce Inc has a Mission Score of 65/100. Revenue: $250K. Assets: $92K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Burlington Area Chamber Of Commerce Inc?
The Employer Identification Number (EIN) for Burlington Area Chamber Of Commerce Inc is 222484701. 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 Burlington Area Chamber Of Commerce Inc spend its money?
Burlington Area Chamber Of Commerce Inc allocates 50% to programs, 30% to administration, and 20% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Burlington Area Chamber Of Commerce Inc's tax-exempt status?
You can verify Burlington Area Chamber Of Commerce Inc's tax-exempt status using EIN 222484701 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
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.