Quick charity verification for Portsmouth Chamber Of Commerce Inc (EIN: 20179953)
Verdict: Portsmouth Chamber Of Commerce Inc appears trustworthy
75/100Mission Score
$990KRevenue
$466KAssets
3Red Flags
3Strengths
Red Flags
Recurring operating deficits in multiple years (e.g., 202406, 202306, 201806) where expenses exceeded revenue.
Significant portion of assets are debt-financed, with liabilities at $357,960 against assets of $466,259 in 202406.
NTEE code is unknown, making it difficult to benchmark financial performance against peer organizations.
Strengths
Consistent and transparent IRS 990 filing history over 14 periods.
Zero reported officer compensation across all filings, suggesting lean executive overhead.
Demonstrated ability to generate substantial annual revenue, reaching $990,120 in 202406.
Spending Breakdown
How Portsmouth 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 Portsmouth Chamber Of Commerce Inc
Is Portsmouth Chamber Of Commerce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Portsmouth Chamber Of Commerce Inc (EIN: 20179953) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Portsmouth Chamber Of Commerce Inc a good charity to donate to?
Portsmouth Chamber Of Commerce Inc has a Mission Score of 75/100. Revenue: $990K. Assets: $466K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Portsmouth Chamber Of Commerce Inc?
The Employer Identification Number (EIN) for Portsmouth Chamber Of Commerce Inc is 20179953. 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 Portsmouth Chamber Of Commerce Inc spend its money?
Portsmouth 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 Portsmouth Chamber Of Commerce Inc's tax-exempt status?
You can verify Portsmouth Chamber Of Commerce Inc's tax-exempt status using EIN 20179953 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 Portsmouth Chamber Of Commerce Inc demonstrates consistent financial activity, with revenues fluctuating between approximately $586,692 and $990,120 over the past several years. In the latest filing (Period 202406), the organization reported revenue of $990,120 against expenses of $1,025,096, indicating a slight operating deficit for that period. This trend of expenses sometimes exceeding revenue is visible in multiple years, such as 202306 and 201806, suggesting a need for careful financial management to maintain long-term sustainability. The organization's assets have shown growth over time, reaching $466,259 in 202406, though liabilities are also substantial at $357,960, indicating a significant portion of assets are debt-financed.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent reporting of zero officer compensation across all available filings suggests a lean operational structure at the executive level, which can be a positive indicator of efficiency. The organization's consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to transparency in its financial reporting, providing a clear historical record for analysis. However, the lack of NTEE code information makes it difficult to benchmark against similar organizations.