Chamber Of Commerce Eagle Grove
EIN: 420777581 · Eagle Grove, IA
| Metric | Value |
|---|---|
| Total Revenue | $91K |
| Total Expenses | $87K |
| Net Assets | $80K |
Is Chamber Of Commerce Eagle Grove Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chamber Of Commerce Eagle Grove
Chamber Of Commerce Eagle Grove (EIN: 420777581) is a nonprofit organization based in Eagle Grove, IA. The organization reported total revenue of $91K and total assets of $105K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chamber Of Commerce Eagle Grove's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chamber Of Commerce Eagle Grove is a micro nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $87K |
| Surplus / Deficit | $-27,351 |
| Total Assets | $108K |
| Total Liabilities | $28K |
| Net Assets | $80K |
| Operating Margin | -45.9% |
| Debt-to-Asset Ratio | 25.7% |
| Months of Reserves | 14.9 months |
Financial Health Grade: B
In 2023, Chamber Of Commerce Eagle Grove reported a deficit of $27K with expenses exceeding revenue, holds 14.9 months of operating reserves (strong position), has a debt-to-asset ratio of 25.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chamber Of Commerce Eagle Grove's revenue has declined at a compound annual growth rate (CAGR) of -9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.6% | -22.8% | -21.6% |
| 2022 | -23.9% | -11.9% | +2.3% |
| 2021 | +59.2% | +33.1% | +23.5% |
| 2020 | -31.2% | -2.1% | +-0.0% |
| 2019 | +25.8% | -4.4% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chamber Of Commerce Eagle Grove 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 Chamber Of Commerce Eagle Grove 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 deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.7%.
Frequently Asked Questions about Chamber Of Commerce Eagle Grove
Is Chamber Of Commerce Eagle Grove a legitimate charity?
Chamber Of Commerce Eagle Grove (EIN: 420777581) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $91K. No red flags identified. Financial health grade: B.
How does Chamber Of Commerce Eagle Grove spend its money?
Chamber Of Commerce Eagle Grove reported $91K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Chamber Of Commerce Eagle Grove tax-deductible?
Chamber Of Commerce Eagle Grove is registered as a tax-exempt nonprofit (EIN: 420777581). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chamber Of Commerce Eagle Grove located?
Chamber Of Commerce Eagle Grove is headquartered in Eagle Grove, Iowa and files with the IRS under EIN 420777581.
How many years of IRS 990 filings does Chamber Of Commerce Eagle Grove have?
Chamber Of Commerce Eagle Grove has 13 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 $91K in total revenue.
Filing History
IRS 990 filing history for Chamber Of Commerce Eagle Grove showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chamber Of Commerce Eagle Grove's revenue has declined by 69%, moving from $192K to $60K. Total assets increased by 82% over the same period, from $59K to $108K. Total functional expenses fell by 57%, from $202K to $87K. In its most recent filing year (2023), Chamber Of Commerce Eagle Grove reported a deficit of $27K, with expenses exceeding revenue. The organization holds $28K in liabilities against $108K in assets (debt-to-asset ratio: 25.7%), resulting in net assets of $80K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $60K | $87K | $108K | $28K | — | — |
| 2022 | $114K | $113K | $138K | $30K | — | View 990 |
| 2021 | $150K | $128K | $135K | $28K | — | — |
| 2020 | $94K | $96K | $109K | $24K | — | View 990 |
| 2019 | $136K | $98K | $109K | $22K | — | View 990 |
| 2018 | $109K | $103K | $109K | $25K | — | View 990 |
| 2017 | $94K | $86K | $105K | $28K | — | View 990 |
| 2016 | $87K | $78K | $69K | $0 | — | View 990 |
| 2015 | $52K | $81K | $65K | $0 | — | View 990 |
| 2014 | $100K | $78K | $94K | $0 | — | View 990 |
| 2013 | $108K | $112K | $71K | $0 | — | View 990 |
| 2012 | $115K | $81K | $75K | $0 | — | View 990 |
| 2011 | $192K | $202K | $59K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $60K, expenses of $87K, and assets of $108K (revenue -47.6% year-over-year).
- 2022: Revenue of $114K, expenses of $113K, and assets of $138K (revenue -23.9% year-over-year).
- 2021: Revenue of $150K, expenses of $128K, and assets of $135K (revenue +59.2% year-over-year).
- 2020: Revenue of $94K, expenses of $96K, and assets of $109K (revenue -31.2% year-over-year).
- 2019: Revenue of $136K, expenses of $98K, and assets of $109K (revenue +25.8% year-over-year).
- 2018: Revenue of $109K, expenses of $103K, and assets of $109K (revenue +15.2% year-over-year).
- 2017: Revenue of $94K, expenses of $86K, and assets of $105K (revenue +8.6% year-over-year).
- 2016: Revenue of $87K, expenses of $78K, and assets of $69K (revenue +66.8% year-over-year).
- 2015: Revenue of $52K, expenses of $81K, and assets of $65K (revenue -48.1% year-over-year).
- 2014: Revenue of $100K, expenses of $78K, and assets of $94K (revenue -7.5% year-over-year).
- 2013: Revenue of $108K, expenses of $112K, and assets of $71K (revenue -6.0% year-over-year).
- 2012: Revenue of $115K, expenses of $81K, and assets of $75K (revenue -40.0% year-over-year).
- 2011: Revenue of $192K, expenses of $202K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chamber Of Commerce Eagle Grove:
Data Sources and Methodology
This transparency report for Chamber Of Commerce Eagle Grove 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.