Is Mt Sterling Montgomery County Chamber Of Commerce Legit?

Quick charity verification for Mt Sterling Montgomery County Chamber Of Commerce (EIN: 202181847)

Verdict: Mt Sterling Montgomery County Chamber Of Commerce appears trustworthy

85/100Mission Score
$180KRevenue
$245KAssets
1Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Mt Sterling Montgomery County Chamber Of Commerce demonstrates consistent financial activity, with revenues fluctuating between approximately $48,950 and $166,198 over the past decade. The organization generally operates with expenses closely aligned to or slightly exceeding revenue in recent years, as seen in 202406 where expenses were $159,294 against revenues of $135,925, and in 202306 with expenses of $180,795 against revenues of $166,198. This indicates a lean operational model, though it also suggests limited capacity for significant reserve building from annual operations. The organization's assets have shown growth over the long term, from $88,220 in 2017 to $249,124 in 2024, indicating some financial stability and asset accumulation. The consistent reporting of 0% officer compensation across all filings is a significant indicator of transparency and a commitment to minimizing administrative overhead related to executive pay, which is a strong positive for a nonprofit of this size.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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