Is Greater Canon City Chamber Of Commerce Foundation Inc Legit?
Quick charity verification for Greater Canon City Chamber Of Commerce Foundation Inc (EIN: 203161502)
Verdict: Greater Canon City Chamber Of Commerce Foundation Inc appears trustworthy
85/100Mission Score
$1.5MRevenue
$1.8MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program expense breakdown in available summary data, making it difficult to assess direct program impact.
Strengths
Consistently reports 0% officer compensation, ensuring resources are not diverted to executive salaries.
Maintains very low operating expenses, indicating efficient financial management.
Consistent growth in assets over time, demonstrating financial stability.
Zero liabilities reported in most recent filings, indicating strong financial health.
Consistent filing of IRS Form 990s, demonstrating transparency.
AI Transparency Report
The Greater Canon City Chamber Of Commerce Foundation Inc appears to be a small, stable organization with a consistent financial history. Its latest reported revenue of $22,737 and assets of $21,019 for the 202312 period indicate a modest operational scale. The organization consistently reports zero officer compensation across all available filings, which is a positive indicator for resource allocation directly to its mission. While the provided data doesn't detail specific program expenses, the low overall expense figures in recent years (e.g., $0 in 202312 and $3,035 in 202212) suggest either minimal activity or that a significant portion of its revenue is retained, contributing to asset growth over time. The lack of liabilities in most recent filings also points to sound financial management. The organization's transparency is good given the consistent filing of IRS Form 990s, providing public access to its financial data.