Danville Pittsylvania County Chamber Of Commerce Inc
EIN: 540188090 · Danville, VA · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $402K |
| Net Assets | $688K |
Is Danville Pittsylvania County Chamber Of Commerce Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Danville Pittsylvania County Chamber Of Commerce Inc
Danville Pittsylvania County Chamber Of Commerce Inc (EIN: 540188090) is a nonprofit organization based in Danville, VA, classified under NTEE code S40. The organization reported total revenue of $1.1M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Danville Pittsylvania County Chamber Of Commerce Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Danville Pittsylvania County Chamber Of Commerce Inc is a mid-size nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $498K |
| Total Expenses | $402K |
| Surplus / Deficit | +$96K |
| Total Assets | $974K |
| Total Liabilities | $286K |
| Net Assets | $688K |
| Operating Margin | 19.3% |
| Debt-to-Asset Ratio | 29.3% |
| Months of Reserves | 29.1 months |
Financial Health Grade: A
In 2023, Danville Pittsylvania County Chamber Of Commerce Inc reported a surplus of $96K with revenue exceeding expenses, holds 29.1 months of operating reserves (strong position), has a debt-to-asset ratio of 29.3% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Danville Pittsylvania County Chamber Of Commerce Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.6% | +33.4% | +22.4% |
| 2022 | +17.9% | +17.4% | +6.6% |
| 2021 | +4.1% | -10.2% | +5.3% |
| 2020 | -18.5% | -30.0% | +5.0% |
| 2019 | -14.4% | -3.3% | +6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Danville Pittsylvania County Chamber Of Commerce Inc 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 Danville Pittsylvania County Chamber Of Commerce Inc 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 surplus of $96K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.3%.
Frequently Asked Questions about Danville Pittsylvania County Chamber Of Commerce Inc
Is Danville Pittsylvania County Chamber Of Commerce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Danville Pittsylvania County Chamber Of Commerce Inc (EIN: 540188090) insufficient data. 0 red flags identified, 0 strengths noted.
How does Danville Pittsylvania County Chamber Of Commerce Inc spend its money?
Detailed spending breakdown data is not yet available for Danville Pittsylvania County Chamber Of Commerce Inc. Check back for updated IRS 990 analysis.
Are donations to Danville Pittsylvania County Chamber Of Commerce Inc tax-deductible?
Danville Pittsylvania County Chamber Of Commerce Inc is registered as a tax-exempt nonprofit (EIN: 540188090). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Danville Pittsylvania County Chamber Of Commerce Inc located?
Danville Pittsylvania County Chamber Of Commerce Inc is headquartered in Danville, Virginia and files with the IRS under EIN 540188090. It is classified under NTEE code S40.
How many years of IRS 990 filings does Danville Pittsylvania County Chamber Of Commerce Inc have?
Danville Pittsylvania County Chamber Of Commerce Inc has 14 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Danville Pittsylvania County Chamber Of Commerce Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Danville Pittsylvania County Chamber Of Commerce Inc's revenue has grown by 38.4%, moving from $360K to $498K. Total assets increased by 44.9% over the same period, from $672K to $974K. Total functional expenses rose by 14.4%, from $351K to $402K. In its most recent filing year (2023), Danville Pittsylvania County Chamber Of Commerce Inc reported a surplus of $96K, with revenue exceeding expenses. The organization holds $286K in liabilities against $974K in assets (debt-to-asset ratio: 29.3%), resulting in net assets of $688K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $498K | $402K | $974K | $286K | — | View 990 |
| 2022 | $359K | $301K | $796K | $204K | — | View 990 |
| 2021 | $305K | $256K | $746K | $209K | — | View 990 |
| 2020 | $293K | $286K | $708K | $220K | — | — |
| 2019 | $359K | $408K | $675K | $193K | — | View 990 |
| 2018 | $420K | $422K | $634K | $51K | — | View 990 |
| 2017 | $525K | $527K | $654K | $68K | — | View 990 |
| 2016 | $473K | $484K | $624K | $36K | — | View 990 |
| 2015 | $532K | $542K | $684K | $84K | — | View 990 |
| 2014 | $481K | $489K | $760K | $151K | — | View 990 |
| 2013 | $499K | $457K | $637K | $20K | — | View 990 |
| 2012 | $448K | $433K | $598K | $24K | — | View 990 |
| 2011 | $445K | $427K | $579K | $8K | — | View 990 |
| 2010 | $360K | $351K | $672K | $95K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $498K, expenses of $402K, and assets of $974K (revenue +38.6% year-over-year).
- 2022: Revenue of $359K, expenses of $301K, and assets of $796K (revenue +17.9% year-over-year).
- 2021: Revenue of $305K, expenses of $256K, and assets of $746K (revenue +4.1% year-over-year).
- 2020: Revenue of $293K, expenses of $286K, and assets of $708K (revenue -18.5% year-over-year).
- 2019: Revenue of $359K, expenses of $408K, and assets of $675K (revenue -14.4% year-over-year).
- 2018: Revenue of $420K, expenses of $422K, and assets of $634K (revenue -20.0% year-over-year).
- 2017: Revenue of $525K, expenses of $527K, and assets of $654K (revenue +11.0% year-over-year).
- 2016: Revenue of $473K, expenses of $484K, and assets of $624K (revenue -11.1% year-over-year).
- 2015: Revenue of $532K, expenses of $542K, and assets of $684K (revenue +10.5% year-over-year).
- 2014: Revenue of $481K, expenses of $489K, and assets of $760K (revenue -3.5% year-over-year).
- 2013: Revenue of $499K, expenses of $457K, and assets of $637K (revenue +11.3% year-over-year).
- 2012: Revenue of $448K, expenses of $433K, and assets of $598K (revenue +0.7% year-over-year).
- 2011: Revenue of $445K, expenses of $427K, and assets of $579K (revenue +23.7% year-over-year).
- 2010: Revenue of $360K, expenses of $351K, and assets of $672K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Danville Pittsylvania County Chamber Of Commerce Inc:
Data Sources and Methodology
This transparency report for Danville Pittsylvania County Chamber Of Commerce Inc 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.