Quick charity verification for Hampton Beach Area Chamber Of Commerce (EIN: 20144343)
Verdict: Hampton Beach Area Chamber Of Commerce appears trustworthy
85/100Mission Score
$1.3MRevenue
$642KAssets
1Red Flags
5Strengths
Red Flags
Liabilities are a significant portion of assets (e.g., $386,691 liabilities vs. $638,240 assets in 2023), which warrants further investigation into their nature.
Strengths
Consistent revenue growth, especially post-2020, reaching $1,182,104 in 2023.
Strong asset growth over the past decade, from $308,357 in 2014 to $638,240 in 2023.
Zero reported officer compensation across all filings, indicating efficient use of funds or volunteer leadership.
Consistent positive net income in most recent years (e.g., $11,344 in 2023 and $111,179 in 2021).
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
Spending Breakdown
How Hampton Beach Area Chamber Of Commerce allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Hampton Beach Area Chamber Of Commerce
Is Hampton Beach Area Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Hampton Beach Area Chamber Of Commerce (EIN: 20144343) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Hampton Beach Area Chamber Of Commerce a good charity to donate to?
Hampton Beach Area Chamber Of Commerce has a Mission Score of 85/100. Revenue: $1.3M. Assets: $642K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hampton Beach Area Chamber Of Commerce?
The Employer Identification Number (EIN) for Hampton Beach Area Chamber Of Commerce is 20144343. 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 Hampton Beach Area Chamber Of Commerce spend its money?
Hampton Beach Area Chamber Of Commerce allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hampton Beach Area Chamber Of Commerce's tax-exempt status?
You can verify Hampton Beach Area Chamber Of Commerce's tax-exempt status using EIN 20144343 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 Hampton Beach Area Chamber Of Commerce demonstrates generally stable financial health, with recent revenues consistently exceeding expenses, as seen in 2023 ($1,182,104 revenue vs. $1,170,760 expenses) and 2021 ($1,006,773 revenue vs. $895,594 expenses). The organization experienced significant growth in revenue and expenses from 2020 to 2021, rebounding strongly from the pandemic-affected 2020 period where revenue was $385,271. Assets have shown a healthy increase over the past decade, growing from $308,357 in 2014 to $638,240 in 2023, indicating good financial stewardship and capacity building.
Spending efficiency appears reasonable, though a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data. However, the consistent positive net income in most recent years suggests effective management of resources. The organization's liabilities have remained a notable portion of its assets, for example, $386,691 in liabilities against $638,240 in assets in 2023, which warrants attention but is not necessarily a red flag without further context on the nature of these liabilities.
Transparency is a strong point, as the organization consistently reports zero officer compensation across all available filings. This indicates that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for a nonprofit. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to public accountability.