Quick charity verification for Lincoln Woodstock Chamber Of Commerce (EIN: 20256731)
Verdict: Lincoln Woodstock Chamber Of Commerce appears trustworthy
75/100Mission Score
$308KRevenue
$510KAssets
3Red Flags
4Strengths
Red Flags
No NTEE code provided, hindering peer comparison.
0% officer compensation reported across all filings, which is unusual and may indicate compensation is reported elsewhere or leadership is entirely volunteer.
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in summary data.
Strengths
Consistent financial filing history (13 filings).
Positive net assets and growth in assets over the past decade (from $135,280 in 2014 to $530,950 in 2023).
Operational surpluses in recent years (e.g., $34,939 in 2023, $21,659 in 2022).
Stable revenue streams over the past decade, generally above $300,000 annually.
Spending Breakdown
How Lincoln Woodstock 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 Lincoln Woodstock Chamber Of Commerce
Is Lincoln Woodstock Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Lincoln Woodstock Chamber Of Commerce (EIN: 20256731) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Lincoln Woodstock Chamber Of Commerce a good charity to donate to?
Lincoln Woodstock Chamber Of Commerce has a Mission Score of 75/100. Revenue: $308K. Assets: $510K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lincoln Woodstock Chamber Of Commerce?
The Employer Identification Number (EIN) for Lincoln Woodstock Chamber Of Commerce is 20256731. 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 Lincoln Woodstock Chamber Of Commerce spend its money?
Lincoln Woodstock 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 Lincoln Woodstock Chamber Of Commerce's tax-exempt status?
You can verify Lincoln Woodstock Chamber Of Commerce's tax-exempt status using EIN 20256731 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 Lincoln Woodstock Chamber Of Commerce demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. In the latest filing (202309), the organization reported revenues of $319,895 against expenses of $284,956, indicating a surplus for the period. Assets have shown a positive trend, growing from $135,280 in 2014 to $530,950 in 2023, suggesting a build-up of financial reserves.
The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not provided in the summary data. However, the consistent operational surpluses in recent years (e.g., $34,939 in 2023, $21,659 in 2022) suggest sound financial management in balancing income and outflow. The absence of reported officer compensation across all filings indicates a lean operational structure regarding executive pay.
Transparency is generally good given the consistent filing history. The lack of an NTEE code, however, makes it difficult to benchmark against similar organizations. The consistent growth in assets, coupled with manageable liabilities (e.g., $392,831 in liabilities against $530,950 in assets in 2023), points to a stable financial position, though the specific allocation of funds to mission-related activities remains an area for deeper inquiry.