Quick charity verification for Ellsworth Area Chamber Of Commerce (EIN: 10371234)
Verdict: Ellsworth Area Chamber Of Commerce appears trustworthy
85/100Mission Score
$443KRevenue
$118KAssets
1Red Flags
4Strengths
Red Flags
NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
Consistent filing of IRS Form 990s over 13 periods, demonstrating strong transparency.
0% reported officer compensation across all filings, indicating efficient use of funds for leadership.
Assets consistently exceed liabilities, showing good financial management and solvency.
Stable revenue and expense levels over a decade, suggesting consistent operations.
Spending Breakdown
How Ellsworth Area Chamber Of Commerce 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 Ellsworth Area Chamber Of Commerce
Is Ellsworth Area Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Ellsworth Area Chamber Of Commerce (EIN: 10371234) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Ellsworth Area Chamber Of Commerce a good charity to donate to?
Ellsworth Area Chamber Of Commerce has a Mission Score of 85/100. Revenue: $443K. Assets: $118K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ellsworth Area Chamber Of Commerce?
The Employer Identification Number (EIN) for Ellsworth Area Chamber Of Commerce is 10371234. 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 Ellsworth Area Chamber Of Commerce spend its money?
Ellsworth Area Chamber Of Commerce allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ellsworth Area Chamber Of Commerce's tax-exempt status?
You can verify Ellsworth Area Chamber Of Commerce's tax-exempt status using EIN 10371234 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 Ellsworth Area Chamber of Commerce demonstrates consistent financial activity, with revenues and expenses generally balancing out over the past decade. For instance, in 2023, the organization reported revenues of $387,547 against expenses of $432,543, indicating a slight deficit. However, in 2022, it showed a surplus with revenues of $419,121 exceeding expenses of $390,768. The organization's assets have fluctuated but remained relatively stable, with $130,307 in assets in 2023 and $166,595 in 2022. Liabilities have also been managed, ranging from $11,671 in 2022 to $60,436 in 2014.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing overhead in this area. The organization's financial stability, with assets consistently exceeding liabilities, indicates a responsible approach to financial management. The lack of officer compensation also points to a potentially high proportion of resources being directed towards its mission.
Transparency appears to be strong given the consistent filing of IRS Form 990s over 13 periods. The absence of reported officer compensation is a notable positive for transparency and efficiency. While a more granular breakdown of expenses would further enhance transparency, the overall financial picture suggests a well-managed entity operating within its means.