Quick charity verification for West Des Moines Chamber Of Commerce (EIN: 205465820)
Verdict: West Des Moines Chamber Of Commerce appears trustworthy
90/100Mission Score
$1.6MRevenue
$1.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, increasing from $448,231 in 2014 to $1,411,176 in 2023.
Healthy asset growth, from $484,059 in 2014 to $1,213,372 in 2023, indicating strong financial management.
Zero reported officer compensation across all filings, suggesting high efficiency or volunteer leadership.
Expenses consistently below revenue, leading to positive net income and asset accumulation.
Regular and consistent IRS 990 filings, demonstrating transparency.
Spending Breakdown
How West Des Moines Chamber Of Commerce allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 West Des Moines Chamber Of Commerce
Is West Des Moines Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, West Des Moines Chamber Of Commerce (EIN: 205465820) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is West Des Moines Chamber Of Commerce a good charity to donate to?
West Des Moines Chamber Of Commerce has a Mission Score of 90/100. Revenue: $1.6M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for West Des Moines Chamber Of Commerce?
The Employer Identification Number (EIN) for West Des Moines Chamber Of Commerce is 205465820. 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 West Des Moines Chamber Of Commerce spend its money?
West Des Moines Chamber Of Commerce allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify West Des Moines Chamber Of Commerce's tax-exempt status?
You can verify West Des Moines Chamber Of Commerce's tax-exempt status using EIN 205465820 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 West Des Moines Chamber Of Commerce demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, its revenue has steadily increased from $448,231 in 2014 to $1,411,176 in 2023, indicating strong community support and effective operations. The organization consistently maintains a positive net income, with assets growing from $484,059 to $1,213,372 over the same period, suggesting prudent financial management and the accumulation of reserves.
Spending efficiency is generally good, with expenses typically staying below revenue, allowing for asset growth. For instance, in 2023, expenses were $1,328,110 against revenues of $1,411,176. The consistent reporting of 0% officer compensation across all filings indicates a high degree of transparency regarding executive pay, or that officers are not compensated, which is a significant positive for a nonprofit. This practice, combined with regular IRS 990 filings, suggests a commitment to financial openness.
Overall, the organization exhibits strong financial health, responsible spending, and a transparent approach to its financial disclosures, particularly concerning executive compensation. Its consistent growth in revenue and assets, coupled with controlled expenses, paints a picture of a well-managed and sustainable entity.