Des Moines West Side Chamber Of Commerce
EIN: 262831000 · Wdm, IA · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $56K |
| Total Expenses | $22K |
| Net Assets | $34K |
Is Des Moines West Side Chamber Of Commerce Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Des Moines West Side Chamber Of Commerce
Des Moines West Side Chamber Of Commerce (EIN: 262831000) is a nonprofit organization based in Wdm, IA, classified under NTEE code S41. The organization reported total revenue of $56K and total assets of $65K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Des Moines West Side Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Des Moines West Side Chamber Of Commerce is a micro nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -14.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $52K |
| Total Expenses | $22K |
| Surplus / Deficit | +$30K |
| Total Assets | $44K |
| Total Liabilities | $10K |
| Net Assets | $34K |
| Operating Margin | 58.1% |
| Debt-to-Asset Ratio | 21.9% |
| Months of Reserves | 24.1 months |
Financial Health Grade: A
In 2023, Des Moines West Side Chamber Of Commerce reported a surplus of $30K with revenue exceeding expenses, holds 24.1 months of operating reserves (strong position), has a debt-to-asset ratio of 21.9% (moderate leverage).
Financial Trends
Over 5 years of filings (2019–2023), Des Moines West Side Chamber Of Commerce's revenue has declined at a compound annual growth rate (CAGR) of -14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.4% | -63.9% | +210.8% |
| 2022 | -47.2% | -36.9% | -35.1% |
| 2021 | +12.3% | -1.9% | +53.7% |
| 2020 | -7.6% | -5.9% | +38.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Des Moines West Side Chamber Of Commerce 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 Des Moines West Side Chamber Of Commerce 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 $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.9%.
Frequently Asked Questions about Des Moines West Side Chamber Of Commerce
Is Des Moines West Side Chamber Of Commerce a legitimate charity?
Des Moines West Side Chamber Of Commerce (EIN: 262831000) is a registered tax-exempt nonprofit based in Iowa. It has 5 years of IRS 990 filings on record. Total revenue: $56K. No red flags identified. Financial health grade: A.
How does Des Moines West Side Chamber Of Commerce spend its money?
Des Moines West Side Chamber Of Commerce reported $56K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Des Moines West Side Chamber Of Commerce tax-deductible?
Des Moines West Side Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 262831000). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Des Moines West Side Chamber Of Commerce located?
Des Moines West Side Chamber Of Commerce is headquartered in Wdm, Iowa and files with the IRS under EIN 262831000. It is classified under NTEE code S41.
How many years of IRS 990 filings does Des Moines West Side Chamber Of Commerce have?
Des Moines West Side Chamber Of Commerce has 5 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 $56K in total revenue.
Filing History
IRS 990 filing history for Des Moines West Side Chamber Of Commerce showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Des Moines West Side Chamber Of Commerce's revenue has declined by 47.5%, moving from $99K to $52K. Total assets increased by 328.2% over the same period, from $10K to $44K. Total functional expenses fell by 79%, from $103K to $22K. In its most recent filing year (2023), Des Moines West Side Chamber Of Commerce reported a surplus of $30K, with revenue exceeding expenses. The organization holds $10K in liabilities against $44K in assets (debt-to-asset ratio: 21.9%), resulting in net assets of $34K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $52K | $22K | $44K | $10K | — | — |
| 2022 | $54K | $60K | $14K | $10K | — | View 990 |
| 2021 | $102K | $95K | $22K | $12K | — | — |
| 2020 | $91K | $97K | $14K | $11K | — | View 990 |
| 2019 | $99K | $103K | $10K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $52K, expenses of $22K, and assets of $44K (revenue -4.4% year-over-year).
- 2022: Revenue of $54K, expenses of $60K, and assets of $14K (revenue -47.2% year-over-year).
- 2021: Revenue of $102K, expenses of $95K, and assets of $22K (revenue +12.3% year-over-year).
- 2020: Revenue of $91K, expenses of $97K, and assets of $14K (revenue -7.6% year-over-year).
- 2019: Revenue of $99K, expenses of $103K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Des Moines West Side Chamber Of Commerce:
Data Sources and Methodology
This transparency report for Des Moines West Side 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.