Quick charity verification for Southern Monmouth Chamber Of Commerce (EIN: 222398689)
Verdict: Southern Monmouth Chamber Of Commerce shows mixed signals
65/100Mission Score
$366KRevenue
$173KAssets
2Red Flags
2Strengths
Red Flags
A significant portion of expenses appears to be allocated to administrative functions rather than direct program services, based on the spending breakdown.
The consistent reporting of $0 for executive compensation raises questions about how leadership roles are compensated or if key personnel are paid through other means not reflected in this line item.
Strengths
The organization consistently maintains positive net assets, indicating financial stability over the years.
Revenue has shown growth in some years, such as from $238,726 in 2020 to $314,114 in 2023, demonstrating fundraising capability.
Spending Breakdown
How Southern Monmouth Chamber Of Commerce allocates its funds across programs, administration, and fundraising.
60%
Program Spending
Below average — room for improvement
25%
Admin Costs
Reasonable — admin costs in check
15%
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 Southern Monmouth Chamber Of Commerce
Is Southern Monmouth Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Monmouth Chamber Of Commerce (EIN: 222398689) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
Is Southern Monmouth Chamber Of Commerce a good charity to donate to?
Southern Monmouth Chamber Of Commerce has a Mission Score of 65/100. Revenue: $366K. Assets: $173K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Southern Monmouth Chamber Of Commerce?
The Employer Identification Number (EIN) for Southern Monmouth Chamber Of Commerce is 222398689. 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 Southern Monmouth Chamber Of Commerce spend its money?
Southern Monmouth Chamber Of Commerce allocates 60% to programs, 25% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Southern Monmouth Chamber Of Commerce's tax-exempt status?
You can verify Southern Monmouth Chamber Of Commerce's tax-exempt status using EIN 222398689 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
Southern Monmouth Chamber Of Commerce is a unknown nonprofit based in Wall, New Jersey, with reported revenue of $366K and assets of $173K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 60% of spending goes to programs, 25% to administration, and 15% to fundraising. Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very low-paid leadership structure, which is unusual for an organization of this size. Revenue has grown +165% across 12 filing periods.