Is Southeastern Chamber Of Commerce Legit?…

Quick charity verification for Southeastern Chamber Of Commerce (EIN: 141937828)

Spending Breakdown

How Southeastern 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

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 Southeastern Chamber Of Commerce

Is Southeastern Chamber Of Commerce a legitimate charity?

Based on AI analysis of IRS 990 filings, Southeastern Chamber Of Commerce (EIN: 141937828) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Southeastern Chamber Of Commerce a good charity to donate to?

Southeastern Chamber Of Commerce has a Mission Score of 65/100. Revenue: $62K. Assets: $1K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Southeastern Chamber Of Commerce?

The Employer Identification Number (EIN) for Southeastern Chamber Of Commerce is 141937828. 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 Southeastern Chamber Of Commerce spend its money?

Southeastern 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 Southeastern Chamber Of Commerce's tax-exempt status?

You can verify Southeastern Chamber Of Commerce's tax-exempt status using EIN 141937828 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 Southeastern Chamber Of Commerce appears to be a small, community-focused organization with fluctuating but generally modest financial activity. In its latest filing (202012), the organization reported revenue of $62,187 and expenses of $63,261, indicating a slight deficit for the year. Its assets are very low at $1,036, while liabilities are significantly higher at $6,477, suggesting a precarious financial position. The organization consistently reports 0% officer compensation across all filings, which is a positive sign for donor confidence regarding executive pay.

Over its seven-year filing history, revenue has varied, peaking in 202012. The consistent reporting of minimal assets and often higher liabilities, such as in 202012, raises questions about its long-term financial stability and ability to build reserves. The lack of significant asset growth over time, despite periods of positive net income, indicates that most funds are spent within the fiscal year.

Given the available data, the organization demonstrates transparency by consistently filing its IRS 990s and reporting no officer compensation. However, its financial health is concerning due to the low asset base and recurring liabilities that exceed assets. The efficiency of spending cannot be fully determined without a detailed functional expense breakdown, which is not provided in the summary data, but the overall financial picture suggests a lean operation.

Is Southeastern Chamber Of Commerce Legit?

Verdict: Southeastern Chamber Of Commerce shows mixed signals

Red Flags

Strengths