Is The Greater Fort Lee Chamber Of Commerce Legit?
Quick charity verification for The Greater Fort Lee Chamber Of Commerce (EIN: 221848983)
Verdict: The Greater Fort Lee Chamber Of Commerce shows mixed signals
65/100Mission Score
$238KRevenue
$57KAssets
2Red Flags
3Strengths
Red Flags
Significant fluctuation in expenses relative to revenue across years, e.g., 2024 expenses of $214,119 against revenue of $222,459, compared to 2023 expenses of $118,168 against revenue of $101,316.
Lack of explicit breakdown for program, administrative, and fundraising expenses in the provided data, requiring assumptions for spending breakdown.
Strengths
Consistent revenue generation over several years, indicating stable operational capacity.
Positive net assets in most years, suggesting financial stability.
No reported liabilities in most recent years (2024, 2023, 2022, 2018, 2017, 2016), indicating good financial health.
AI Transparency Report
The Greater Fort Lee Chamber Of Commerce is a community improvement nonprofit based in Fort Lee, New Jersey, with reported revenue of $238K and assets of $57K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. • Financial data is consistently available through 990 filings.
• The organization's spending breakdown is not explicitly detailed in the provided data, requiring estimation.
• No specific transparency reports or policies are referenced in the provided data. Executive compensation cannot be assessed as no specific compensation figures for executives are provided in the available data. Revenue has grown +118% across 13 filing periods.