Asian Chamber Of Commerce Incorporated
EIN: 454740292 · Phoenix, AZ · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $243K |
| Total Expenses | $40K |
| Net Assets | $29K |
Is Asian Chamber Of Commerce Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Asian Chamber Of Commerce Incorporated
Asian Chamber Of Commerce Incorporated (EIN: 454740292) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code S41. The organization reported total revenue of $243K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asian Chamber Of Commerce Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asian Chamber Of Commerce Incorporated is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $40K |
| Surplus / Deficit | +$16K |
| Total Assets | $29K |
| Net Assets | $29K |
| Operating Margin | 28.2% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, Asian Chamber Of Commerce Incorporated reported a surplus of $16K with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Asian Chamber Of Commerce Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -77.0% | -84.3% | +124.9% |
| 2022 | +442.8% | +535.8% | -48.7% |
| 2021 | -78.8% | -80.2% | +23.5% |
| 2020 | +444.4% | +388.0% | +85.5% |
| 2019 | -5.7% | +8.8% | -19.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Asian Chamber Of Commerce Incorporated 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 Asian Chamber Of Commerce Incorporated 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:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
Frequently Asked Questions about Asian Chamber Of Commerce Incorporated
Is Asian Chamber Of Commerce Incorporated a legitimate charity?
Asian Chamber Of Commerce Incorporated (EIN: 454740292) is a registered tax-exempt nonprofit based in Arizona. It has 12 years of IRS 990 filings on record. Total revenue: $243K. No red flags identified. Financial health grade: A.
How does Asian Chamber Of Commerce Incorporated spend its money?
Asian Chamber Of Commerce Incorporated reported $243K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Asian Chamber Of Commerce Incorporated tax-deductible?
Asian Chamber Of Commerce Incorporated is registered as a tax-exempt nonprofit (EIN: 454740292). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Asian Chamber Of Commerce Incorporated located?
Asian Chamber Of Commerce Incorporated is headquartered in Phoenix, Arizona and files with the IRS under EIN 454740292. It is classified under NTEE code S41.
How many years of IRS 990 filings does Asian Chamber Of Commerce Incorporated have?
Asian Chamber Of Commerce Incorporated has 12 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 $243K in total revenue.
Filing History
IRS 990 filing history for Asian Chamber Of Commerce Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Asian Chamber Of Commerce Incorporated's revenue has grown by 34.6%, moving from $42K to $56K. Total assets increased by 6423.8% over the same period, from $437 to $29K. Total functional expenses fell by 2.3%, from $41K to $40K. In its most recent filing year (2023), Asian Chamber Of Commerce Incorporated reported a surplus of $16K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $56K | $40K | $29K | $0 | — | — |
| 2022 | $245K | $257K | $13K | $0 | — | View 990 |
| 2021 | $45K | $40K | $25K | $0 | — | View 990 |
| 2020 | $213K | $203K | $20K | $0 | — | — |
| 2019 | $39K | $42K | $11K | $0 | — | View 990 |
| 2018 | $41K | $38K | $13K | $0 | — | View 990 |
| 2017 | $33K | $28K | $10K | $0 | — | View 990 |
| 2016 | $42K | $39K | $6K | $0 | — | View 990 |
| 2015 | $39K | $38K | $2K | $0 | — | View 990 |
| 2014 | $28K | $31K | $1K | $0 | — | View 990 |
| 2013 | $37K | $33K | $4K | $0 | — | View 990 |
| 2012 | $42K | $41K | $437 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $56K, expenses of $40K, and assets of $29K (revenue -77.0% year-over-year).
- 2022: Revenue of $245K, expenses of $257K, and assets of $13K (revenue +442.8% year-over-year).
- 2021: Revenue of $45K, expenses of $40K, and assets of $25K (revenue -78.8% year-over-year).
- 2020: Revenue of $213K, expenses of $203K, and assets of $20K (revenue +444.4% year-over-year).
- 2019: Revenue of $39K, expenses of $42K, and assets of $11K (revenue -5.7% year-over-year).
- 2018: Revenue of $41K, expenses of $38K, and assets of $13K (revenue +25.7% year-over-year).
- 2017: Revenue of $33K, expenses of $28K, and assets of $10K (revenue -22.0% year-over-year).
- 2016: Revenue of $42K, expenses of $39K, and assets of $6K (revenue +8.3% year-over-year).
- 2015: Revenue of $39K, expenses of $38K, and assets of $2K (revenue +41.6% year-over-year).
- 2014: Revenue of $28K, expenses of $31K, and assets of $1K (revenue -24.9% year-over-year).
- 2013: Revenue of $37K, expenses of $33K, and assets of $4K (revenue -12.1% year-over-year).
- 2012: Revenue of $42K, expenses of $41K, and assets of $437.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asian Chamber Of Commerce Incorporated:
Data Sources and Methodology
This transparency report for Asian Chamber Of Commerce Incorporated 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.