Ada Area Chamber Of Commerce Foundation
EIN: 474444787 · Ada, OK · NTEE: W99
| Metric | Value |
|---|---|
| Total Revenue | $850 |
| Net Assets | $129K |
Is Ada Area Chamber Of Commerce Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ada Area Chamber Of Commerce Foundation
Ada Area Chamber Of Commerce Foundation (EIN: 474444787) is a nonprofit organization based in Ada, OK, classified under NTEE code W99. The organization reported total revenue of $850 and total assets of $130K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ada Area Chamber Of Commerce Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ada Area Chamber Of Commerce Foundation is a micro nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -45.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $801 |
| Total Expenses | $0 |
| Surplus / Deficit | +$801 |
| Total Assets | $129K |
| Net Assets | $129K |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2023, Ada Area Chamber Of Commerce Foundation reported a surplus of $801 with revenue exceeding expenses.
Financial Trends
Over 9 years of filings (2015–2023), Ada Area Chamber Of Commerce Foundation's revenue has declined at a compound annual growth rate (CAGR) of -45.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +317.2% | — | +0.6% |
| 2022 | -99.8% | -100.0% | +0.1% |
| 2021 | +261.4% | +47.6% | +22.7% |
| 2020 | -37.4% | -25.9% | -0.2% |
| 2019 | +4.0% | -24.8% | +8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ada Area Chamber Of Commerce Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ada Area Chamber Of Commerce Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
Frequently Asked Questions about Ada Area Chamber Of Commerce Foundation
Is Ada Area Chamber Of Commerce Foundation a legitimate charity?
Ada Area Chamber Of Commerce Foundation (EIN: 474444787) is a registered tax-exempt nonprofit based in Oklahoma. It has 9 years of IRS 990 filings on record. Total revenue: $850. No red flags identified. Financial health grade: A.
How does Ada Area Chamber Of Commerce Foundation spend its money?
Ada Area Chamber Of Commerce Foundation reported $850 in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ada Area Chamber Of Commerce Foundation tax-deductible?
Ada Area Chamber Of Commerce Foundation is registered as a tax-exempt nonprofit (EIN: 474444787). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ada Area Chamber Of Commerce Foundation located?
Ada Area Chamber Of Commerce Foundation is headquartered in Ada, Oklahoma and files with the IRS under EIN 474444787. It is classified under NTEE code W99.
How many years of IRS 990 filings does Ada Area Chamber Of Commerce Foundation have?
Ada Area Chamber Of Commerce Foundation has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $850 in total revenue.
Filing History
IRS 990 filing history for Ada Area Chamber Of Commerce Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Ada Area Chamber Of Commerce Foundation's revenue has declined by 99.2%, moving from $98K to $801. Total assets increased by 422.6% over the same period, from $25K to $129K. Total functional expenses fell by 100%, from $73K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $801 | $0 | $129K | $0 | — | — |
| 2022 | $192 | $0 | $128K | $0 | — | View 990 |
| 2021 | $116K | $48K | $128K | $0 | — | View 990 |
| 2020 | $32K | $32K | $104K | $45K | — | — |
| 2019 | $51K | $43K | $105K | $45K | — | — |
| 2018 | $49K | $58K | $96K | $45K | — | View 990 |
| 2017 | $103K | $96K | $106K | $45K | — | View 990 |
| 2016 | $65K | $35K | $55K | $0 | — | View 990 |
| 2015 | $98K | $73K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $801, expenses of $0, and assets of $129K (revenue +317.2% year-over-year).
- 2022: Revenue of $192, expenses of $0, and assets of $128K (revenue -99.8% year-over-year).
- 2021: Revenue of $116K, expenses of $48K, and assets of $128K (revenue +261.4% year-over-year).
- 2020: Revenue of $32K, expenses of $32K, and assets of $104K (revenue -37.4% year-over-year).
- 2019: Revenue of $51K, expenses of $43K, and assets of $105K (revenue +4.0% year-over-year).
- 2018: Revenue of $49K, expenses of $58K, and assets of $96K (revenue -52.2% year-over-year).
- 2017: Revenue of $103K, expenses of $96K, and assets of $106K (revenue +58.8% year-over-year).
- 2016: Revenue of $65K, expenses of $35K, and assets of $55K (revenue -33.6% year-over-year).
- 2015: Revenue of $98K, expenses of $73K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ada Area Chamber Of Commerce Foundation:
Data Sources and Methodology
This transparency report for Ada Area Chamber Of Commerce Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.