Quick charity verification for Greater Concord Chamber Of Commerce (EIN: 20121350)
Verdict: Greater Concord Chamber Of Commerce appears trustworthy
75/100Mission Score
$778KRevenue
$654KAssets
3Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown in provided data makes program efficiency difficult to fully assess.
Unknown NTEE code limits ability to benchmark against similar organizations.
Consistent 0% officer compensation is unusual and warrants further investigation into how leadership is compensated or structured.
Strengths
Consistent positive net assets, with $705,588 in assets against $95,810 in liabilities in the latest filing (202309).
Regular and consistent filing of IRS Form 990s over 13 periods, indicating transparency.
Generally stable revenue and expense patterns over the past decade, demonstrating operational consistency.
Positive operating margin in the latest filing (202309), with revenues exceeding expenses.
Spending Breakdown
How Greater Concord Chamber Of Commerce allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Greater Concord Chamber Of Commerce
Is Greater Concord Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Concord Chamber Of Commerce (EIN: 20121350) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Greater Concord Chamber Of Commerce a good charity to donate to?
Greater Concord Chamber Of Commerce has a Mission Score of 75/100. Revenue: $778K. Assets: $654K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Greater Concord Chamber Of Commerce?
The Employer Identification Number (EIN) for Greater Concord Chamber Of Commerce is 20121350. 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 Greater Concord Chamber Of Commerce spend its money?
Greater Concord Chamber Of Commerce allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Greater Concord Chamber Of Commerce's tax-exempt status?
You can verify Greater Concord Chamber Of Commerce's tax-exempt status using EIN 20121350 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 Greater Concord Chamber Of Commerce demonstrates consistent financial activity, with revenues and expenses generally fluctuating between $600,000 and $880,000 over the past decade. In the latest period (202309), the organization reported revenues of $723,481 against expenses of $685,699, indicating a positive operating margin. While the organization's assets have shown some variability, they have remained robust, with $705,588 in assets and $95,810 in liabilities in the most recent filing, suggesting a healthy financial position. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency.
However, without a detailed breakdown of program service expenses versus administrative and fundraising costs, it is challenging to fully assess spending efficiency. The NTEE code is unknown, which can sometimes hinder a clear understanding of the organization's primary mission and how its spending aligns with industry benchmarks. The consistent reporting of 0% officer compensation across all filings is notable, suggesting that top leadership may be compensated through other means or that the organization operates with a volunteer-led executive structure, which could be a strength in terms of minimizing overhead.
Overall, the Chamber appears to be financially stable with a history of responsible asset management. Further insight into the allocation of expenses would provide a more complete picture of its operational efficiency and program impact. The consistent positive net assets and regular filing history are positive indicators of financial health and transparency.