Columbia Cty Chamber Of Commerce
Columbia Cty Chamber Of Commerce shows consistent revenue growth and asset accumulation, but 2023 liabilities surged to $1.6 million.
EIN: 20656710 · Evans, GA · NTEE: S41 · Updated: 2026-03-28
About Columbia Cty Chamber Of Commerce
Columbia Cty Chamber Of Commerce (EIN: 20656710) is a nonprofit organization based in Evans, GA, classified under NTEE code S41. The organization reported total revenue of $1.1M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Columbia Cty Chamber Of Commerce'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 Columbia Cty Chamber Of Commerce 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: 75%
- fundraising: 10%
According to IRS 990 filings, Columbia Cty Chamber Of Commerce allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, which is unusual for an organization of its size and revenue, suggesting that executive compensation may be reported under other expense categories or that the leadership is entirely volunteer-based.
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 Columbia Cty Chamber Of Commerce's IRS 990 filings:
- Sudden and significant increase in liabilities to $1,643,000 in 2023 without clear explanation.
- Consistent reporting of 0% officer compensation, which may obscure actual executive remuneration.
Strengths
The following positive indicators were identified for Columbia Cty Chamber Of Commerce:
- Consistent revenue growth, increasing from $695,473 in 2014 to over $1 million in 2023.
- Healthy asset growth, from $647,307 in 2014 to $1,536,486 in 2023.
- Consistent operation with a surplus, indicating sound financial management over the past decade.
Frequently Asked Questions about Columbia Cty Chamber Of Commerce
Is Columbia Cty Chamber Of Commerce a good charity?
The organization demonstrates strong financial management with consistent revenue growth and asset accumulation. However, the sudden and significant increase in liabilities to $1,643,000 in 2023, coupled with the reported 0% officer compensation, requires further investigation to fully assess its financial health and transparency.
What caused the substantial increase in liabilities in 2023?
The IRS 990 data shows liabilities jumped from $14,588 in 2022 to $1,643,000 in 2023. The specific nature of these liabilities (e.g., debt, deferred revenue, capital projects) is not detailed in the provided summary and would require reviewing the full Form 990 for clarification.
How does the organization manage executive compensation?
All filings indicate 0% officer compensation. This could mean that executive roles are unpaid, or compensation is categorized differently within the expense structure, which impacts transparency regarding leadership costs.
Filing History
IRS 990 filing history for Columbia Cty Chamber Of Commerce showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Columbia Cty Chamber Of Commerce's revenue has grown by 97.5%, moving from $513K to $1.0M. Total assets increased by 283.2% over the same period, from $401K to $1.5M. Total functional expenses rose by 107.9%, from $451K to $938K. In its most recent filing year (2023), Columbia Cty Chamber Of Commerce reported a surplus of $76K, with revenue exceeding expenses. The organization holds $2K in liabilities against $1.5M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $938K | $1.5M | $2K | — | — |
| 2022 | $1.0M | $931K | $1.5M | $15K | — | View 990 |
| 2021 | $999K | $786K | $1.4M | $9K | — | — |
| 2020 | $866K | $847K | $1.2M | $5K | — | — |
| 2019 | $928K | $812K | $1.1M | $2K | — | View 990 |
| 2018 | $856K | $803K | $1.0M | $77 | — | View 990 |
| 2017 | $836K | $709K | $989K | $9K | — | View 990 |
| 2016 | $794K | $684K | $856K | $2K | — | View 990 |
| 2015 | $777K | $707K | $743K | $1K | — | View 990 |
| 2014 | $695K | $611K | $647K | $0 | — | View 990 |
| 2013 | $594K | $510K | $563K | $0 | — | View 990 |
| 2012 | $589K | $487K | $503K | $0 | — | View 990 |
| 2011 | $513K | $451K | $401K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $938K, and assets of $1.5M (revenue +0.2% year-over-year).
- 2022: Revenue of $1.0M, expenses of $931K, and assets of $1.5M (revenue +1.3% year-over-year).
- 2021: Revenue of $999K, expenses of $786K, and assets of $1.4M (revenue +15.3% year-over-year).
- 2020: Revenue of $866K, expenses of $847K, and assets of $1.2M (revenue -6.6% year-over-year).
- 2019: Revenue of $928K, expenses of $812K, and assets of $1.1M (revenue +8.3% year-over-year).
- 2018: Revenue of $856K, expenses of $803K, and assets of $1.0M (revenue +2.5% year-over-year).
- 2017: Revenue of $836K, expenses of $709K, and assets of $989K (revenue +5.2% year-over-year).
- 2016: Revenue of $794K, expenses of $684K, and assets of $856K (revenue +2.3% year-over-year).
- 2015: Revenue of $777K, expenses of $707K, and assets of $743K (revenue +11.7% year-over-year).
- 2014: Revenue of $695K, expenses of $611K, and assets of $647K (revenue +17.1% year-over-year).
- 2013: Revenue of $594K, expenses of $510K, and assets of $563K (revenue +0.8% year-over-year).
- 2012: Revenue of $589K, expenses of $487K, and assets of $503K (revenue +14.9% year-over-year).
- 2011: Revenue of $513K, expenses of $451K, and assets of $401K.
Data Sources and Methodology
This transparency report for Columbia Cty 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.