Quick charity verification for Woodbridge Area Chamber Of Commerce (EIN: 221764764)
Verdict: Woodbridge Area Chamber Of Commerce shows mixed signals
45/100Mission Score
$301KRevenue
$198KAssets
5Red Flags
3Strengths
Red Flags
Revenue has been on a general decline from $254,731 in 2016 to $219,888 in 2023.
Expenses frequently exceed revenue, leading to net losses in multiple years (e.g., $44,251 loss in 2023, $54,395 loss in 2020).
Lack of specific executive compensation data in the provided filings.
The 'nt' (nonprofit type) is unknown, hindering a full understanding of its mission and peer comparison.
High administrative overhead suggested by the spending breakdown, potentially impacting program delivery.
Strengths
Maintains a consistent level of assets, averaging around $200,000 over the past several years.
Has been operational for a significant period, indicating established community presence.
Zero lobbying expenses reported, suggesting focus on direct activities rather than political influence.
Spending Breakdown
How Woodbridge Area Chamber Of Commerce allocates its funds across programs, administration, and fundraising.
50%
Program Spending
Below average — room for improvement
40%
Admin Costs
High — over 25% on administration
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 Woodbridge Area Chamber Of Commerce
Is Woodbridge Area Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Woodbridge Area Chamber Of Commerce (EIN: 221764764) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 3 strengths noted.
Is Woodbridge Area Chamber Of Commerce a good charity to donate to?
Woodbridge Area Chamber Of Commerce has a Mission Score of 45/100. Revenue: $301K. Assets: $198K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Woodbridge Area Chamber Of Commerce?
The Employer Identification Number (EIN) for Woodbridge Area Chamber Of Commerce is 221764764. 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 Woodbridge Area Chamber Of Commerce spend its money?
Woodbridge Area Chamber Of Commerce allocates 50% to programs, 40% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Woodbridge Area Chamber Of Commerce's tax-exempt status?
You can verify Woodbridge Area Chamber Of Commerce's tax-exempt status using EIN 221764764 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
Woodbridge Area Chamber Of Commerce is a unknown nonprofit based in Woodbridge, New Jersey, with reported revenue of $301K and assets of $198K. Our AI analysis assigns a Mission Score of 45/100 (Fair). Approximately 50% of spending goes to programs, 40% to administration, and 10% to fundraising. Executive compensation is not disclosed in the provided data, which is a significant transparency concern for a nonprofit of this size. Revenue has grown +19% across 13 filing periods.