Chamberfest Cleveland
EIN: 453437884 · Cleveland, OH · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $717K |
| Total Expenses | $439K |
| Net Assets | $459K |
Is Chamberfest Cleveland Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chamberfest Cleveland
Chamberfest Cleveland (EIN: 453437884) is a nonprofit organization based in Cleveland, OH, classified under NTEE code A68. The organization reported total revenue of $717K and total assets of $684K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chamberfest Cleveland's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chamberfest Cleveland is a small nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $436K |
| Total Expenses | $439K |
| Surplus / Deficit | $-3,050 |
| Total Assets | $463K |
| Total Liabilities | $4K |
| Net Assets | $459K |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 12.7 months |
Financial Health Grade: B
In 2023, Chamberfest Cleveland reported a deficit of $3K with expenses exceeding revenue, holds 12.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2023), Chamberfest Cleveland's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.9% | — | — |
| 2022 | +9.6% | -100.0% | -100.0% |
| 2021 | +21.1% | -22.6% | +83.6% |
| 2019 | -13.2% | -1.1% | -9.9% |
| 2018 | +39.4% | +15.7% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chamberfest Cleveland 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 Chamberfest Cleveland 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Chamberfest Cleveland
Is Chamberfest Cleveland a legitimate charity?
Chamberfest Cleveland (EIN: 453437884) is a registered tax-exempt nonprofit based in Ohio. It has 11 years of IRS 990 filings on record. Total revenue: $717K. No red flags identified. Financial health grade: B.
How does Chamberfest Cleveland spend its money?
Chamberfest Cleveland reported $717K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Chamberfest Cleveland tax-deductible?
Chamberfest Cleveland is registered as a tax-exempt nonprofit (EIN: 453437884). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chamberfest Cleveland located?
Chamberfest Cleveland is headquartered in Cleveland, Ohio and files with the IRS under EIN 453437884. It is classified under NTEE code A68.
How many years of IRS 990 filings does Chamberfest Cleveland have?
Chamberfest Cleveland has 11 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 $717K in total revenue.
Filing History
IRS 990 filing history for Chamberfest Cleveland showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Chamberfest Cleveland's revenue has grown by 194.9%, moving from $148K to $436K. Total assets increased by 662.4% over the same period, from $61K to $463K. Total functional expenses rose by 402.8%, from $87K to $439K. In its most recent filing year (2023), Chamberfest Cleveland reported a deficit of $3K, with expenses exceeding revenue. The organization holds $4K in liabilities against $463K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $459K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $436K | $439K | $463K | $4K | — | View 990 |
| 2022 | $479K | $0 | $0 | $0 | — | View 990 |
| 2021 | $437K | $303K | $475K | $891 | — | — |
| 2019 | $361K | $391K | $258K | $3K | — | View 990 |
| 2018 | $415K | $396K | $287K | $231 | — | View 990 |
| 2017 | $298K | $342K | $269K | $2K | — | View 990 |
| 2016 | $408K | $378K | $316K | $4K | — | View 990 |
| 2015 | $350K | $355K | $294K | $12K | — | View 990 |
| 2014 | $396K | $272K | $288K | $249 | — | View 990 |
| 2013 | $281K | $176K | $164K | $88 | — | View 990 |
| 2012 | $148K | $87K | $61K | $239 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $436K, expenses of $439K, and assets of $463K (revenue -8.9% year-over-year).
- 2022: Revenue of $479K, expenses of $0, and assets of $0 (revenue +9.6% year-over-year).
- 2021: Revenue of $437K, expenses of $303K, and assets of $475K (revenue +21.1% year-over-year).
- 2019: Revenue of $361K, expenses of $391K, and assets of $258K (revenue -13.2% year-over-year).
- 2018: Revenue of $415K, expenses of $396K, and assets of $287K (revenue +39.4% year-over-year).
- 2017: Revenue of $298K, expenses of $342K, and assets of $269K (revenue -27.0% year-over-year).
- 2016: Revenue of $408K, expenses of $378K, and assets of $316K (revenue +16.7% year-over-year).
- 2015: Revenue of $350K, expenses of $355K, and assets of $294K (revenue -11.7% year-over-year).
- 2014: Revenue of $396K, expenses of $272K, and assets of $288K (revenue +41.0% year-over-year).
- 2013: Revenue of $281K, expenses of $176K, and assets of $164K (revenue +89.9% year-over-year).
- 2012: Revenue of $148K, expenses of $87K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chamberfest Cleveland:
Data Sources and Methodology
This transparency report for Chamberfest Cleveland 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.