Is North Central Massachusetts Chamber Of Commerce Inc Legit?
Quick charity verification for North Central Massachusetts Chamber Of Commerce Inc (EIN: 222505324)
Verdict: North Central Massachusetts Chamber Of Commerce Inc appears trustworthy
75/100Mission Score
$1.7MRevenue
$1.4MAssets
2Red Flags
3Strengths
Red Flags
Consistent reporting of 0% compensation for officers, directors, trustees, and key employees across all years, which is highly improbable for an organization with revenues exceeding $1.6 million.
Lack of detailed breakdown for program, administrative, and fundraising expenses in the provided data, making a precise spending breakdown estimation challenging.
Strengths
Consistent revenue growth, increasing from $990,174 in 2018 to $1,698,075 in 2024, indicating strong financial health and increasing community support.
Stable asset base, demonstrating sound financial management and long-term sustainability.
Positive net income in most years, with revenue consistently exceeding expenses.
Spending Breakdown
How North Central Massachusetts 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 North Central Massachusetts Chamber Of Commerce Inc
Is North Central Massachusetts Chamber Of Commerce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Central Massachusetts Chamber Of Commerce Inc (EIN: 222505324) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is North Central Massachusetts Chamber Of Commerce Inc a good charity to donate to?
North Central Massachusetts Chamber Of Commerce Inc has a Mission Score of 75/100. Revenue: $1.7M. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for North Central Massachusetts Chamber Of Commerce Inc?
The Employer Identification Number (EIN) for North Central Massachusetts Chamber Of Commerce Inc is 222505324. 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 North Central Massachusetts Chamber Of Commerce Inc spend its money?
North Central Massachusetts 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 North Central Massachusetts Chamber Of Commerce Inc's tax-exempt status?
You can verify North Central Massachusetts Chamber Of Commerce Inc's tax-exempt status using EIN 222505324 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
North Central Massachusetts Chamber Of Commerce Inc is a unknown nonprofit based in Fitchburg, Massachusetts, with reported revenue of $1.7M and assets of $1.4M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. • The organization consistently reports its financial data, with revenue increasing from $990,174 in 2018 to $1,698,075 in 2024.
• Assets have remained stable, fluctuating between $1,265,180 and $1,395,807 over the past seven years.
• The organization consistently reports 0% compensation to officers, directors, trustees, and key employees, which is unusual and requires further investigation. Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size and suggests that compensation may be reported under other expense categories or that key personnel are compensated through related entities. Revenue has grown +117% across 13 filing periods.