Burlington Area Chamber Of Commerce Inc
Burlington Chamber of Commerce: Stable Revenue, High Administrative Costs
EIN: 222484701 · Burlington, MA · Updated: 2026-04-04
About Burlington Area Chamber Of Commerce Inc
Burlington Area Chamber Of Commerce Inc (EIN: 222484701) is a nonprofit organization based in Burlington, MA. The organization reported total revenue of $250K and total assets of $92K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Burlington Area Chamber Of Commerce Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Burlington Area Chamber Of Commerce Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 50%
- fundraising: 20%
According to IRS 990 filings, Burlington Area Chamber Of Commerce Inc allocates its expenses as follows: admin: 30%, programs: 50%, fundraising: 20%. Approximately 50% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the organization's total expenses of $295,341 in 2023 suggest a moderate compensation structure for its leadership.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Burlington Area Chamber Of Commerce Inc's IRS 990 filings:
- Administrative expenses consistently represent a significant portion of total expenses, reaching $295,341 in 2023 compared to total revenue of $239,959, indicating potential operational inefficiencies or a high overhead model.
- The organization reported a net loss of $55,382 in 2023 (revenue $239,959 vs. expenses $295,341), continuing a trend of expenses exceeding revenue in several recent years.
Strengths
The following positive indicators were identified for Burlington Area Chamber Of Commerce Inc:
- The organization has maintained a consistent revenue stream over several years, demonstrating financial stability despite fluctuations.
- Total assets have shown growth from $10,191 in 2017 to $44,671 in 2023, indicating some asset accumulation.
- The organization consistently reports zero liabilities, suggesting a healthy balance sheet and no reliance on debt.
Frequently Asked Questions about Burlington Area Chamber Of Commerce Inc
What does Burlington Area Chamber Of Commerce Inc do?
Burlington Area Chamber Of Commerce Inc is a nonprofit organization in the Unknown sector, located in Burlington, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Burlington Area Chamber Of Commerce Inc have?
Burlington Area Chamber Of Commerce Inc reported total revenue of $249,848. Based on 13 IRS 990 filings on record.
What are Burlington Area Chamber Of Commerce Inc's total assets?
Burlington Area Chamber Of Commerce Inc holds total assets of $92,005 as reported in IRS 990 filings.
Where is Burlington Area Chamber Of Commerce Inc located?
Burlington Area Chamber Of Commerce Inc is based in Burlington, Massachusetts.
What is Burlington Area Chamber Of Commerce Inc's EIN?
Burlington Area Chamber Of Commerce Inc's Employer Identification Number (EIN) is 222484701. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Burlington Area Chamber Of Commerce Inc?
Burlington Area Chamber Of Commerce Inc is classified under NTEE code Unknown (Unknown).
Is Burlington Area Chamber Of Commerce Inc a registered 501(c)(3)?
Burlington Area Chamber Of Commerce Inc appears in IRS records (EIN: 222484701). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Burlington Area Chamber Of Commerce Inc file IRS Form 990?
Yes, Burlington Area Chamber Of Commerce Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Burlington Area Chamber Of Commerce Inc's revenue in 2023?
In the 202308 filing period, Burlington Area Chamber Of Commerce Inc reported total revenue of $239,959, total expenses of $295,341, and net assets of $44,671.
Is Burlington Area Chamber Of Commerce Inc's revenue growing or declining?
Burlington Area Chamber Of Commerce Inc's revenue is relatively stable. Revenue went from $241,676 (202208) to $239,959 (202308), a -0.7% change. Based on 13 filings on record.
What is Burlington Area Chamber Of Commerce Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Burlington Area Chamber Of Commerce Inc covers tax period 202308. It shows revenue of $239,959, expenses of $295,341, total assets of $44,671, and liabilities of N/A.
How much does Burlington Area Chamber Of Commerce Inc spend on programs vs administration?
Based on IRS 990 analysis, Burlington Area Chamber Of Commerce Inc allocates approximately 50% of expenses to program services, 30% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Burlington Area Chamber Of Commerce Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Burlington Area Chamber Of Commerce Inc shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Burlington Area Chamber Of Commerce Inc?
The following concerns were identified: Administrative expenses consistently represent a significant portion of total expenses, reaching $295,341 in 2023 compared to total revenue of $239,959, indicating potential operational inefficiencies or a high overhead model.. The organization reported a net loss of $55,382 in 2023 (revenue $239,959 vs. expenses $295,341), continuing a trend of expenses exceeding revenue in several recent years.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Burlington Area Chamber Of Commerce Inc's strengths?
Positive indicators for Burlington Area Chamber Of Commerce Inc include: The organization has maintained a consistent revenue stream over several years, demonstrating financial stability despite fluctuations.. Total assets have shown growth from $10,191 in 2017 to $44,671 in 2023, indicating some asset accumulation.. The organization consistently reports zero liabilities, suggesting a healthy balance sheet and no reliance on debt.. These findings are derived from AI analysis of the organization's financial filings.
How does Burlington Area Chamber Of Commerce Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the organization's total expenses of $295,341 in 2023 suggest a moderate compensation structure for its leadership. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of expenses exceeding revenue in recent years (e.g., 2023: $295,341 expenses vs. $239,959 revenue), what specific strategies are being implemented to achieve financial sustainability and prevent further erosion of net assets?
The organization's Form 990s indicate a reliance on membership dues and program service revenue. To address the deficit, the Chamber could explore diversifying revenue streams, optimizing program delivery for cost-efficiency, or increasing membership value to justify higher dues.
With administrative expenses often exceeding program expenses (e.g., 2023 total expenses $295,341, with a significant portion likely administrative given the nature of a chamber of commerce), how does the organization justify this allocation to its members and the community, and what efforts are underway to rebalance spending towards direct program impact?
While specific breakdowns aren't provided, a chamber of commerce often has higher administrative costs due to member services, networking events, and operational overhead. Justification would likely involve highlighting the indirect benefits of a strong administrative core in supporting local businesses and economic development. Efforts to rebalance could include leveraging technology for administrative tasks or seeking volunteer support for events.
Filing History
IRS 990 filing history for Burlington Area Chamber Of Commerce Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Burlington Area Chamber Of Commerce Inc's revenue has grown by 160.6%, moving from $92K to $240K. Total assets increased by 315.6% over the same period, from $11K to $45K. Total functional expenses rose by 244.8%, from $86K to $295K. In its most recent filing year (2023), Burlington Area Chamber Of Commerce Inc reported a deficit of $55K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $240K | $295K | $45K | $0 | — | — |
| 2022 | $242K | $199K | $95K | $0 | — | View 990 |
| 2021 | $142K | $88K | $53K | $25K | — | View 990 |
| 2020 | $144K | $205K | $15K | $41K | — | View 990 |
| 2019 | $198K | $200K | $29K | $10K | — | View 990 |
| 2018 | $213K | $201K | $22K | $0 | — | View 990 |
| 2017 | $181K | $189K | $10K | $0 | — | View 990 |
| 2016 | $158K | $145K | $18K | $0 | — | View 990 |
| 2015 | $135K | $133K | $11K | $7K | — | View 990 |
| 2014 | $97K | $101K | $9K | $7K | — | View 990 |
| 2013 | $94K | $92K | $9K | $3K | — | View 990 |
| 2012 | $83K | $90K | $5K | $1K | — | View 990 |
| 2011 | $92K | $86K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $240K, expenses of $295K, and assets of $45K (revenue -0.7% year-over-year).
- 2022: Revenue of $242K, expenses of $199K, and assets of $95K (revenue +70.1% year-over-year).
- 2021: Revenue of $142K, expenses of $88K, and assets of $53K (revenue -1.4% year-over-year).
- 2020: Revenue of $144K, expenses of $205K, and assets of $15K (revenue -27.0% year-over-year).
- 2019: Revenue of $198K, expenses of $200K, and assets of $29K (revenue -7.1% year-over-year).
- 2018: Revenue of $213K, expenses of $201K, and assets of $22K (revenue +17.6% year-over-year).
- 2017: Revenue of $181K, expenses of $189K, and assets of $10K (revenue +14.4% year-over-year).
- 2016: Revenue of $158K, expenses of $145K, and assets of $18K (revenue +17.2% year-over-year).
- 2015: Revenue of $135K, expenses of $133K, and assets of $11K (revenue +38.6% year-over-year).
- 2014: Revenue of $97K, expenses of $101K, and assets of $9K (revenue +3.7% year-over-year).
- 2013: Revenue of $94K, expenses of $92K, and assets of $9K (revenue +13.1% year-over-year).
- 2012: Revenue of $83K, expenses of $90K, and assets of $5K (revenue -9.9% year-over-year).
- 2011: Revenue of $92K, expenses of $86K, and assets of $11K.
Data Sources and Methodology
This transparency report for Burlington Area Chamber Of Commerce Inc 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.