Quick charity verification for Peterborough Chamber Of Commerce (EIN: 20347142)
Verdict: Peterborough Chamber Of Commerce appears trustworthy
75/100Mission Score
$120KRevenue
$79KAssets
2Red Flags
4Strengths
Red Flags
Consistent decline in total assets over the past decade (from $131,505 in 2012 to $78,831 in 2019)
Lack of detailed expense breakdown in provided data limits in-depth spending efficiency analysis
Strengths
Consistent IRS 990 filing history, indicating good transparency practices
No reported officer compensation, suggesting a volunteer-driven or highly efficient leadership structure
Generally operates within its revenue, avoiding significant deficits
Stable liabilities relative to assets, indicating manageable debt
Spending Breakdown
How Peterborough 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 Peterborough Chamber Of Commerce
Is Peterborough Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Peterborough Chamber Of Commerce (EIN: 20347142) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Peterborough Chamber Of Commerce a good charity to donate to?
Peterborough Chamber Of Commerce has a Mission Score of 75/100. Revenue: $120K. Assets: $79K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Peterborough Chamber Of Commerce?
The Employer Identification Number (EIN) for Peterborough Chamber Of Commerce is 20347142. 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 Peterborough Chamber Of Commerce spend its money?
Peterborough 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 Peterborough Chamber Of Commerce's tax-exempt status?
You can verify Peterborough Chamber Of Commerce's tax-exempt status using EIN 20347142 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 Peterborough Chamber Of Commerce demonstrates consistent financial activity, with revenues generally fluctuating around $100,000-$130,000 annually over the past decade. In the latest reported period (201912), the organization reported revenue of $86,309 against expenses of $79,407, resulting in a modest surplus. While the organization's assets have seen a gradual decline from a high of $131,505 in 2012 to $78,831 in 2019, its liabilities have remained relatively stable, indicating a manageable debt load. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-led or very lean executive structure, which can be a positive indicator of efficiency, though it also means less detail on how leadership is compensated if at all.
Given the nature of a Chamber of Commerce, a significant portion of its expenses would typically be considered program-related, focusing on community and business development. Without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely assess spending efficiency. However, the consistent operation within its revenue means it is not accumulating significant deficits. The organization's transparency is good in terms of filing its 990s consistently, but the lack of detailed expense categorization in the provided data limits a deeper analysis of its spending efficiency and program focus.