Byram Chamber Of Commerce Inc
Byram Chamber Of Commerce reported $64,205 in revenue and $52,804 in expenses in its most recent active filing.
EIN: 201021079 · Byram, MS · NTEE: S41 · Updated: 2026-03-28
Is Byram Chamber Of Commerce Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Byram Chamber Of Commerce Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Byram Chamber Of Commerce Inc
Byram Chamber Of Commerce Inc (EIN: 201021079) is a nonprofit organization based in Byram, MS, classified under NTEE code S41. 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 Byram 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 Byram Chamber Of Commerce Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Byram Chamber Of Commerce Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Officer compensation was reported as 0% of expenses in the 2022 filing, indicating that the organization's leadership was either unpaid or compensated through other means not classified as officer compensation, which is common for very small or volunteer-led organizations.
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 Byram Chamber Of Commerce Inc's IRS 990 filings:
- Significant discrepancy between latest reported revenue ($0) and 2022 filing revenue ($64,205)
- Limited financial history with only one filing available
Strengths
The following positive indicators were identified for Byram Chamber Of Commerce Inc:
- No reported liabilities in the 2022 filing ($0)
- Positive net income in the 2022 filing ($11,401)
- 0% officer compensation reported in 2022, indicating volunteer or low-cost leadership
Frequently Asked Questions about Byram Chamber Of Commerce Inc
Is Byram Chamber Of Commerce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Byram Chamber Of Commerce Inc (EIN: 201021079) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Byram Chamber Of Commerce Inc spend its money?
Byram Chamber Of Commerce Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Byram Chamber Of Commerce Inc tax-deductible?
Byram Chamber Of Commerce Inc is registered as a tax-exempt nonprofit (EIN: 201021079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why is the latest reported revenue $0 when the 2022 filing showed $64,205?
This discrepancy suggests a significant change in financial activity or a data lag. It would be important to investigate if the organization ceased operations, experienced a drastic revenue decline, or if the 'latest revenue' data point is from a different reporting period or source than the 2022 990 filing.
What were the specific program activities funded by the $52,804 in expenses in 2022?
The 990 filing would need to be reviewed for Schedule O or other sections detailing program service accomplishments and related expenses to understand how the $52,804 was utilized to further the Chamber's mission.
Filing History
IRS 990 filing history for Byram Chamber Of Commerce Inc showing financial trends over 1 year of public records:
In its most recent filing year (2022), Byram Chamber Of Commerce Inc reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $64K | $53K | $33K | $0 | — | — |
Data Sources and Methodology
This transparency report for Byram 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.