Ashe County Chamber Of Commerce
EIN: 560845682 · West Jefferson, NC
| Metric | Value |
|---|---|
| Total Expenses | $172K |
| Net Assets | $209K |
Is Ashe County Chamber Of Commerce Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ashe County Chamber Of Commerce
Ashe County Chamber Of Commerce (EIN: 560845682) is a nonprofit organization based in West Jefferson, NC. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ashe County Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ashe County Chamber Of Commerce is a small nonprofit, with 3 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $200K |
| Total Expenses | $172K |
| Surplus / Deficit | +$28K |
| Total Assets | $217K |
| Total Liabilities | $9K |
| Net Assets | $209K |
| Operating Margin | 14.1% |
| Debt-to-Asset Ratio | 4.0% |
| Months of Reserves | 15.2 months |
Financial Health Grade: A
In 2015, Ashe County Chamber Of Commerce reported a surplus of $28K with revenue exceeding expenses, holds 15.2 months of operating reserves (strong position), has a debt-to-asset ratio of 4.0% (very low leverage).
Financial Trends
Over 3 years of filings (2011–2015), Ashe County Chamber Of Commerce's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +15.9% | +3.6% | +17.2% |
| 2014 | -5.3% | -1.0% | +1.6% |
AI Analysis Pending
AI enrichment for Ashe County Chamber Of Commerce 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 Ashe County Chamber Of Commerce 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.0%.
Frequently Asked Questions about Ashe County Chamber Of Commerce
Is Ashe County Chamber Of Commerce a legitimate charity?
Ashe County Chamber Of Commerce (EIN: 560845682) is a registered tax-exempt nonprofit based in North Carolina. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Ashe County Chamber Of Commerce spend its money?
Ashe County Chamber Of Commerce reported its financials in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ashe County Chamber Of Commerce tax-deductible?
Ashe County Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 560845682). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ashe County Chamber Of Commerce located?
Ashe County Chamber Of Commerce is headquartered in West Jefferson, North Carolina and files with the IRS under EIN 560845682.
How many years of IRS 990 filings does Ashe County Chamber Of Commerce have?
Ashe County Chamber Of Commerce has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Ashe County Chamber Of Commerce showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2015), Ashe County Chamber Of Commerce's revenue has grown by 9.8%, moving from $182K to $200K. Total assets increased by 19.1% over the same period, from $183K to $217K. Total functional expenses rose by 2.6%, from $167K to $172K. In its most recent filing year (2015), Ashe County Chamber Of Commerce reported a surplus of $28K, with revenue exceeding expenses. The organization holds $9K in liabilities against $217K in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $209K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $200K | $172K | $217K | $9K | — | View 990 |
| 2014 | $172K | $166K | $185K | $5K | — | View 990 |
| 2011 | $182K | $167K | $183K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $200K, expenses of $172K, and assets of $217K (revenue +15.9% year-over-year).
- 2014: Revenue of $172K, expenses of $166K, and assets of $185K (revenue -5.3% year-over-year).
- 2011: Revenue of $182K, expenses of $167K, and assets of $183K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ashe County Chamber Of Commerce:
Data Sources and Methodology
This transparency report for Ashe County Chamber Of Commerce 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.