Is Camerata Chicago Legit?

Quick charity verification for Camerata Chicago (EIN: 200069383)

Verdict: Camerata Chicago appears trustworthy

90/100Mission Score
$777KRevenue
$853KAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Camerata Chicago demonstrates a highly variable financial performance over the past decade, with a notable surge in revenue and assets in the most recent filing period (202312). Revenue jumped from $230,572 in 2022 to $1,338,256 in 2023, while assets grew from $98,821 to $1,030,782 in the same period. This indicates a significant, positive shift in financial health. The organization consistently reports zero liabilities across all available filings, suggesting strong financial management and a lack of debt. Spending efficiency appears robust, particularly in 2023, where expenses were $426,220 against a revenue of $1,338,256, leaving a substantial surplus. The consistent reporting of 0% officer compensation across all filings is a strong indicator of transparency and a focus on mission over executive pay, though it also suggests a reliance on volunteer leadership or that compensation is reported under other categories not specified in this data.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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