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
Expenses frequently exceed revenue in recent periods (e.g., 202406, 202306), potentially drawing down reserves if sustained.
Strengths
Consistent 0% officer compensation, indicating high efficiency in leadership costs.
Long-term growth in assets, from $88,220 in 2017 to $249,124 in 2024, demonstrating financial resilience.
Consistent filing of IRS Form 990s over 14 periods, indicating strong transparency and compliance.
Spending Breakdown
How Mt Sterling Montgomery County 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 Mt Sterling Montgomery County Chamber Of Commerce
Is Mt Sterling Montgomery County Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Mt Sterling Montgomery County Chamber Of Commerce (EIN: 202181847) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Mt Sterling Montgomery County Chamber Of Commerce a good charity to donate to?
Mt Sterling Montgomery County Chamber Of Commerce has a Mission Score of 85/100. Revenue: $180K. Assets: $245K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mt Sterling Montgomery County Chamber Of Commerce?
The Employer Identification Number (EIN) for Mt Sterling Montgomery County Chamber Of Commerce is 202181847. 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 Mt Sterling Montgomery County Chamber Of Commerce spend its money?
Mt Sterling Montgomery County 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 Mt Sterling Montgomery County Chamber Of Commerce's tax-exempt status?
You can verify Mt Sterling Montgomery County Chamber Of Commerce's tax-exempt status using EIN 202181847 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 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.