Ballard Chamber Of Commerce And Tourism Llc
EIN: 844133992 · Kevil, KY · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $61K |
| Total Expenses | $39K |
| Net Assets | $38K |
Is Ballard Chamber Of Commerce And Tourism Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ballard Chamber Of Commerce And Tourism Llc
Ballard Chamber Of Commerce And Tourism Llc (EIN: 844133992) is a nonprofit organization based in Kevil, KY, classified under NTEE code S41. The organization reported total revenue of $61K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ballard Chamber Of Commerce And Tourism Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ballard Chamber Of Commerce And Tourism Llc is a micro nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $39K |
| Surplus / Deficit | +$19K |
| Total Assets | $51K |
| Total Liabilities | $14K |
| Net Assets | $38K |
| Operating Margin | 32.7% |
| Debt-to-Asset Ratio | 27.0% |
| Months of Reserves | 16.0 months |
Financial Health Grade: A
In 2023, Ballard Chamber Of Commerce And Tourism Llc reported a surplus of $19K with revenue exceeding expenses, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 27.0% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +94.6% | +32.9% | +36.3% |
| 2022 | +14.3% | +3.5% | +123.2% |
| 2021 | -18.2% | +0.9% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ballard Chamber Of Commerce And Tourism Llc 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 Ballard Chamber Of Commerce And Tourism Llc 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 $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.0%.
Frequently Asked Questions about Ballard Chamber Of Commerce And Tourism Llc
Is Ballard Chamber Of Commerce And Tourism Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ballard Chamber Of Commerce And Tourism Llc (EIN: 844133992) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ballard Chamber Of Commerce And Tourism Llc spend its money?
Detailed spending breakdown data is not yet available for Ballard Chamber Of Commerce And Tourism Llc. Check back for updated IRS 990 analysis.
Are donations to Ballard Chamber Of Commerce And Tourism Llc tax-deductible?
Ballard Chamber Of Commerce And Tourism Llc is registered as a tax-exempt nonprofit (EIN: 844133992). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ballard Chamber Of Commerce And Tourism Llc located?
Ballard Chamber Of Commerce And Tourism Llc is headquartered in Kevil, Kentucky and files with the IRS under EIN 844133992. It is classified under NTEE code S41.
How many years of IRS 990 filings does Ballard Chamber Of Commerce And Tourism Llc have?
Ballard Chamber Of Commerce And Tourism Llc has 5 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 $61K in total revenue.
Filing History
IRS 990 filing history for Ballard Chamber Of Commerce And Tourism Llc showing financial trends over 5 years of public records:
Total assets increased by 262.4% over the same period, from $14K to $51K. In its most recent filing year (2023), Ballard Chamber Of Commerce And Tourism Llc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $14K in liabilities against $51K in assets (debt-to-asset ratio: 27.0%), resulting in net assets of $38K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $39K | $51K | $14K | — | — |
| 2022 | $29K | $29K | $38K | $19K | — | — |
| 2021 | $26K | $28K | $17K | $3K | — | — |
| 2020 | $31K | $28K | $16K | $119 | — | — |
| 2019 | $0 | $0 | $14K | $2K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $39K, and assets of $51K (revenue +94.6% year-over-year).
- 2022: Revenue of $29K, expenses of $29K, and assets of $38K (revenue +14.3% year-over-year).
- 2021: Revenue of $26K, expenses of $28K, and assets of $17K (revenue -18.2% year-over-year).
- 2020: Revenue of $31K, expenses of $28K, and assets of $16K.
- 2019: Revenue of $0, expenses of $0, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ballard Chamber Of Commerce And Tourism Llc:
Data Sources and Methodology
This transparency report for Ballard Chamber Of Commerce And Tourism Llc 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.