Quick charity verification for Merrimack Chamber Of Commerce Inc (EIN: 222653350)
Verdict: Merrimack Chamber Of Commerce Inc shows mixed signals
60/100Mission Score
$29KRevenue
$11KAssets
3Red Flags
1Strengths
Red Flags
Consistent negative net income, with expenses exceeding revenue in multiple years (e.g., 2019: revenue $28,650, expenses $50,531).
Significant decline in net assets from $48,683 in 2012 to $10,830 in 2019.
Reporting $0 for executive compensation despite significant operational expenses.
Strengths
Consistent reporting of financial data over several years.
Spending Breakdown
How Merrimack Chamber Of Commerce Inc 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 Merrimack Chamber Of Commerce Inc
Is Merrimack Chamber Of Commerce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Merrimack Chamber Of Commerce Inc (EIN: 222653350) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 1 strength noted.
Is Merrimack Chamber Of Commerce Inc a good charity to donate to?
Merrimack Chamber Of Commerce Inc has a Mission Score of 60/100. Revenue: $29K. Assets: $11K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Merrimack Chamber Of Commerce Inc?
The Employer Identification Number (EIN) for Merrimack Chamber Of Commerce Inc is 222653350. 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 Merrimack Chamber Of Commerce Inc spend its money?
Merrimack Chamber Of Commerce Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Merrimack Chamber Of Commerce Inc's tax-exempt status?
You can verify Merrimack Chamber Of Commerce Inc's tax-exempt status using EIN 222653350 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
Merrimack Chamber Of Commerce Inc is a unknown nonprofit based in Merrimack, New Hampshire, with reported revenue of $29K and assets of $11K. Our AI analysis assigns a Mission Score of 60/100 (Good). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. • The organization consistently reports 0% compensation to officers, directors, trustees, and key employees across all available filings.
• Net assets have declined significantly from $48,683 in 2012 to $10,830 in 2019.
• The organization has reported negative net income for several years, with expenses exceeding revenue. Executive compensation is reported as $0 across all available filings, which is unusual for an organization with reported expenses. Revenue has declined -59% across 9 filing periods.