Quick charity verification for Greater Rochester Chamber Of Commerce (EIN: 20185370)
Verdict: Greater Rochester Chamber Of Commerce appears trustworthy
75/100Mission Score
$390KRevenue
$435KAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, making precise efficiency assessment difficult.
Consistent 0% officer compensation could indicate a lack of transparency if executives are compensated through other means not clearly disclosed.
Strengths
Consistent financial stability with revenues generally exceeding expenses.
Growing asset base over the past decade, indicating sound financial management.
Low liabilities relative to assets, suggesting good solvency.
Long history of IRS 990 filings (13 years) demonstrating transparency in reporting financial data.
No reported officer compensation, potentially indicating efficient use of funds for mission-related activities.
Spending Breakdown
How Greater Rochester 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 Greater Rochester Chamber Of Commerce
Is Greater Rochester Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Rochester Chamber Of Commerce (EIN: 20185370) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 5 strengths noted.
Is Greater Rochester Chamber Of Commerce a good charity to donate to?
Greater Rochester Chamber Of Commerce has a Mission Score of 75/100. Revenue: $390K. Assets: $435K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Greater Rochester Chamber Of Commerce?
The Employer Identification Number (EIN) for Greater Rochester Chamber Of Commerce is 20185370. 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 Rochester Chamber Of Commerce spend its money?
Greater Rochester 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 Greater Rochester Chamber Of Commerce's tax-exempt status?
You can verify Greater Rochester Chamber Of Commerce's tax-exempt status using EIN 20185370 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 Rochester Chamber Of Commerce demonstrates consistent financial activity over the past decade, with annual revenues generally ranging between $300,000 and $380,000. In the most recent filing (202312), the organization reported revenues of $381,511 against expenses of $334,584, indicating a surplus for the year. This trend of revenues generally exceeding expenses, as seen in most years, contributes to a stable asset base, which has grown from $288,796 in 2014 to $461,006 in 2023. The organization's liabilities are relatively low compared to its assets, suggesting good financial solvency.
Spending efficiency appears reasonable, with a consistent pattern of expenses relative to revenue. While specific program spending details are not provided in the summary data, the absence of reported officer compensation across all filings suggests that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator for resource allocation. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a precise assessment of spending efficiency is challenging.
Transparency is generally good given the availability of 13 years of IRS 990 filings. The consistent reporting of key financial metrics like revenue, expenses, assets, liabilities, and officer compensation allows for a longitudinal analysis of the organization's financial health. The lack of reported officer compensation is a notable point for transparency, as it indicates either volunteer leadership or compensation structures that do not fall under the 'officer compensation' category on the 990 form, which would warrant further investigation for a complete picture.