Chamber Of Commerce Of Blue Earth
EIN: 410678223 · Blue Earth, MN
| Metric | Value |
|---|---|
| Total Revenue | $329K |
| Total Expenses | $209K |
| Net Assets | $126K |
Is Chamber Of Commerce Of Blue Earth 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 Of Blue Earth
Chamber Of Commerce Of Blue Earth (EIN: 410678223) is a nonprofit organization based in Blue Earth, MN. The organization reported total revenue of $329K and total assets of $91K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chamber Of Commerce Of Blue Earth's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chamber Of Commerce Of Blue Earth is a small nonprofit that has been operating for 64 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $164K |
| Total Expenses | $209K |
| Surplus / Deficit | $-44,726 |
| Total Assets | $130K |
| Total Liabilities | $5K |
| Net Assets | $126K |
| Operating Margin | -27.3% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2023, Chamber Of Commerce Of Blue Earth reported a deficit of $45K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chamber Of Commerce Of Blue Earth's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.5% | -13.3% | -26.9% |
| 2022 | +8.2% | +31.8% | -5.9% |
| 2021 | -18.7% | +0.5% | +7.5% |
| 2020 | +40.0% | +5.3% | +81.3% |
| 2019 | -13.7% | -36.6% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1962 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chamber Of Commerce Of Blue Earth 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 Of Blue Earth 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 $45K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.6%.
Frequently Asked Questions about Chamber Of Commerce Of Blue Earth
Is Chamber Of Commerce Of Blue Earth a legitimate charity?
Based on AI analysis of IRS 990 filings, Chamber Of Commerce Of Blue Earth (EIN: 410678223) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chamber Of Commerce Of Blue Earth spend its money?
Detailed spending breakdown data is not yet available for Chamber Of Commerce Of Blue Earth. Check back for updated IRS 990 analysis.
Are donations to Chamber Of Commerce Of Blue Earth tax-deductible?
Chamber Of Commerce Of Blue Earth is registered as a tax-exempt nonprofit (EIN: 410678223). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chamber Of Commerce Of Blue Earth located?
Chamber Of Commerce Of Blue Earth is headquartered in Blue Earth, Minnesota and files with the IRS under EIN 410678223.
How many years of IRS 990 filings does Chamber Of Commerce Of Blue Earth have?
Chamber Of Commerce Of Blue Earth 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 $329K in total revenue.
Filing History
IRS 990 filing history for Chamber Of Commerce Of Blue Earth showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chamber Of Commerce Of Blue Earth's revenue has grown by 81.5%, moving from $90K to $164K. Total assets increased by 7.7% over the same period, from $121K to $130K. Total functional expenses rose by 96.7%, from $106K to $209K. In its most recent filing year (2023), Chamber Of Commerce Of Blue Earth reported a deficit of $45K, with expenses exceeding revenue. The organization holds $5K in liabilities against $130K in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $126K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $164K | $209K | $130K | $5K | — | — |
| 2022 | $229K | $241K | $178K | $-30 | — | View 990 |
| 2021 | $212K | $183K | $189K | $1K | — | View 990 |
| 2020 | $261K | $182K | $176K | $0 | — | — |
| 2019 | $186K | $172K | $97K | $0 | — | View 990 |
| 2018 | $216K | $272K | $0 | $0 | — | View 990 |
| 2017 | $200K | $290K | $0 | $0 | — | View 990 |
| 2016 | $257K | $255K | $281K | $28K | — | View 990 |
| 2015 | $197K | $169K | $228K | $-21,349 | — | View 990 |
| 2014 | $207K | $140K | $201K | $-20,927 | — | View 990 |
| 2013 | $98K | $91K | $144K | $0 | — | View 990 |
| 2012 | $130K | $115K | $136K | $0 | — | View 990 |
| 2011 | $90K | $106K | $121K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $164K, expenses of $209K, and assets of $130K (revenue -28.5% year-over-year).
- 2022: Revenue of $229K, expenses of $241K, and assets of $178K (revenue +8.2% year-over-year).
- 2021: Revenue of $212K, expenses of $183K, and assets of $189K (revenue -18.7% year-over-year).
- 2020: Revenue of $261K, expenses of $182K, and assets of $176K (revenue +40.0% year-over-year).
- 2019: Revenue of $186K, expenses of $172K, and assets of $97K (revenue -13.7% year-over-year).
- 2018: Revenue of $216K, expenses of $272K, and assets of $0 (revenue +7.7% year-over-year).
- 2017: Revenue of $200K, expenses of $290K, and assets of $0 (revenue -22.2% year-over-year).
- 2016: Revenue of $257K, expenses of $255K, and assets of $281K (revenue +30.5% year-over-year).
- 2015: Revenue of $197K, expenses of $169K, and assets of $228K (revenue -4.8% year-over-year).
- 2014: Revenue of $207K, expenses of $140K, and assets of $201K (revenue +110.7% year-over-year).
- 2013: Revenue of $98K, expenses of $91K, and assets of $144K (revenue -24.1% year-over-year).
- 2012: Revenue of $130K, expenses of $115K, and assets of $136K (revenue +43.4% year-over-year).
- 2011: Revenue of $90K, expenses of $106K, and assets of $121K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chamber Of Commerce Of Blue Earth:
Data Sources and Methodology
This transparency report for Chamber Of Commerce Of Blue Earth 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.