Downtown Chamber Series
EIN: 882402156 · Phoenix, AZ · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $109K |
| Total Expenses | $60K |
| Net Assets | $28K |
Is Downtown Chamber Series Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Downtown Chamber Series
Downtown Chamber Series (EIN: 882402156) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code A68. The organization reported total revenue of $109K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Chamber Series's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Chamber Series is a small nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of 159.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $60K |
| Surplus / Deficit | +$21K |
| Total Assets | $28K |
| Total Liabilities | $459 |
| Net Assets | $28K |
| Operating Margin | 26.1% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2024, Downtown Chamber Series reported a surplus of $21K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 2 years of filings (2023–2024), Downtown Chamber Series's revenue has grown at a compound annual growth rate (CAGR) of 159.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +159.4% | +144.6% | +283.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Downtown Chamber Series 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 Downtown Chamber Series 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about Downtown Chamber Series
Is Downtown Chamber Series a legitimate charity?
Downtown Chamber Series (EIN: 882402156) is a registered tax-exempt nonprofit based in Arizona. It has 2 years of IRS 990 filings on record. Total revenue: $109K. No red flags identified. Financial health grade: A.
How does Downtown Chamber Series spend its money?
Downtown Chamber Series reported $109K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Downtown Chamber Series tax-deductible?
Downtown Chamber Series is registered as a tax-exempt nonprofit (EIN: 882402156). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Downtown Chamber Series located?
Downtown Chamber Series is headquartered in Phoenix, Arizona and files with the IRS under EIN 882402156. It is classified under NTEE code A68.
How many years of IRS 990 filings does Downtown Chamber Series have?
Downtown Chamber Series has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $109K in total revenue.
Filing History
IRS 990 filing history for Downtown Chamber Series showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), Downtown Chamber Series's revenue has grown by 159.4%, moving from $31K to $81K. Total assets increased by 283.6% over the same period, from $7K to $28K. Total functional expenses rose by 144.6%, from $24K to $60K. In its most recent filing year (2024), Downtown Chamber Series reported a surplus of $21K, with revenue exceeding expenses. The organization holds $459 in liabilities against $28K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $28K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $81K | $60K | $28K | $459 | — | — |
| 2023 | $31K | $24K | $7K | $636 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Chamber Series:
Data Sources and Methodology
This transparency report for Downtown Chamber Series 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.