Carroll County Chamber Of Commerce

Carroll County Chamber Of Commerce shows consistent asset growth and low liabilities with no reported officer compensation.

EIN: 203864958 · Delphi, IN · NTEE: S41 · Updated: 2026-03-28

$580KRevenue
$270KAssets
85/100Mission Score (Excellent)
S41

Is Carroll County Chamber Of Commerce Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Carroll County Chamber Of Commerce directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Carroll County Chamber Of Commerce

Carroll County Chamber Of Commerce (EIN: 203864958) is a nonprofit organization based in Delphi, IN, classified under NTEE code S41. The organization reported total revenue of $580K and total assets of $270K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carroll County Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Carroll County Chamber Of Commerce demonstrates consistent financial activity, with revenues generally exceeding expenses, leading to a steady growth in assets over the past several years. For instance, in 2023, revenue was $438,268 against expenses of $427,701, contributing to an asset base of $176,416. The organization's liabilities remain very low, indicating a healthy balance sheet and minimal financial risk. The absence of reported officer compensation across all available filings suggests either a volunteer-led executive team or compensation falling below reporting thresholds, which can be a positive indicator of efficiency, though it warrants further investigation for complete transparency. Spending efficiency appears strong, as the organization consistently operates with a small surplus, indicating responsible management of funds. The NTEE code S41 (Business & Commerce Chambers of Commerce) suggests a focus on local economic development and support for businesses. Without a detailed breakdown of program vs. administrative expenses in the provided data, a precise assessment of program spending efficiency is challenging. However, the overall financial stability and growth in net assets suggest effective resource management. Transparency is generally good, with consistent IRS 990 filings. The lack of reported officer compensation is a notable point; while it could indicate volunteer leadership, it also means less detail is available regarding executive remuneration. The consistent growth in assets from $8,682 in 2015 to $176,416 in 2023, alongside low liabilities, points to sound financial stewardship and a growing capacity to fulfill its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Carroll County Chamber Of Commerce with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Carroll County Chamber Of Commerce allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive structure or compensation levels below IRS reporting thresholds, which contributes to lower overhead costs.

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.

Strengths

The following positive indicators were identified for Carroll County Chamber Of Commerce:

Frequently Asked Questions about Carroll County Chamber Of Commerce

Is Carroll County Chamber Of Commerce a legitimate charity?

Based on AI analysis of IRS 990 filings, Carroll County Chamber Of Commerce (EIN: 203864958) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.

How does Carroll County Chamber Of Commerce spend its money?

Carroll County Chamber Of Commerce directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Carroll County Chamber Of Commerce tax-deductible?

Carroll County Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 203864958). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is the Carroll County Chamber Of Commerce a good charity?

Based on the financial data, the Carroll County Chamber Of Commerce appears to be a financially sound organization with consistent revenue, controlled expenses, and growing assets. Its low liabilities and lack of reported officer compensation are positive indicators of efficiency and responsible financial management. However, without a detailed breakdown of program spending, a full assessment of its direct impact is limited.

How has the organization's financial health changed over time?

The organization has shown significant financial growth and improved health over the past decade. Assets have increased substantially from $8,682 in 2015 to $176,416 in 2023, while liabilities have remained consistently low. Revenue and expenses have also seen an upward trend, particularly a notable increase in revenue from $129,153 in 2020 to $438,268 in 2023, indicating expanding operations and financial capacity.

What is the significance of 0% officer compensation?

The 0% officer compensation reported across all filings suggests that the organization's leadership may be entirely volunteer-based, or that any compensation paid to officers falls below the IRS reporting thresholds for Form 990. This can indicate a highly efficient operation with minimal overhead dedicated to executive salaries, allowing more funds to be directed towards its mission.

Filing History

IRS 990 filing history for Carroll County Chamber Of Commerce showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Carroll County Chamber Of Commerce's revenue has grown by 313%, moving from $106K to $438K. Total assets increased by 1010.2% over the same period, from $16K to $176K. Total functional expenses rose by 297.1%, from $108K to $428K. In its most recent filing year (2023), Carroll County Chamber Of Commerce reported a surplus of $11K, with revenue exceeding expenses. The organization holds $4K in liabilities against $176K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $173K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $438K $428K $176K $4K
2022 $474K $418K $165K $3K View 990
2021 $357K $309K $109K $3K View 990
2020 $129K $99K $61K $4K
2019 $237K $233K $35K $8K View 990
2018 $216K $212K $36K $12K View 990
2017 $218K $214K $134K $115K View 990
2016 $201K $195K $19K $5K View 990
2015 $194K $198K $9K $949 View 990
2014 $216K $211K $13K $1K View 990
2013 $100K $103K $10K $2K View 990
2012 $110K $114K $14K $4K View 990
2011 $106K $108K $16K $727 View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Carroll 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.

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