Erie Regional Chamber And Growth Partnership
EIN: 251231891 · Erie, PA · NTEE: S312
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $2.3M |
| Net Assets | $354K |
Is Erie Regional Chamber And Growth Partnership Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Erie Regional Chamber And Growth Partnership
Erie Regional Chamber And Growth Partnership (EIN: 251231891) is a nonprofit organization based in Erie, PA, classified under NTEE code S312. The organization reported total revenue of $1.8M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Erie Regional Chamber And Growth Partnership's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Erie Regional Chamber And Growth Partnership is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-532,267 |
| Total Assets | $1.3M |
| Total Liabilities | $929K |
| Net Assets | $354K |
| Operating Margin | -30.5% |
| Debt-to-Asset Ratio | 72.4% |
| Months of Reserves | 6.8 months |
Financial Health Grade: C
In 2023, Erie Regional Chamber And Growth Partnership reported a deficit of $532K with expenses exceeding revenue, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 72.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Erie Regional Chamber And Growth Partnership's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.5% | -5.5% | -51.6% |
| 2022 | -30.2% | +24.8% | -3.2% |
| 2021 | -5.0% | +4.1% | +38.6% |
| 2020 | -4.8% | -13.3% | +84.0% |
| 2019 | +117.7% | +57.3% | +134.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Erie Regional Chamber And Growth Partnership 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 Erie Regional Chamber And Growth Partnership 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 $532K, with expenses exceeding revenue.
- Debt-to-asset ratio: 72.4%.
Frequently Asked Questions about Erie Regional Chamber And Growth Partnership
Is Erie Regional Chamber And Growth Partnership a legitimate charity?
Based on AI analysis of IRS 990 filings, Erie Regional Chamber And Growth Partnership (EIN: 251231891) insufficient data. 0 red flags identified, 0 strengths noted.
How does Erie Regional Chamber And Growth Partnership spend its money?
Detailed spending breakdown data is not yet available for Erie Regional Chamber And Growth Partnership. Check back for updated IRS 990 analysis.
Are donations to Erie Regional Chamber And Growth Partnership tax-deductible?
Erie Regional Chamber And Growth Partnership is registered as a tax-exempt nonprofit (EIN: 251231891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Erie Regional Chamber And Growth Partnership located?
Erie Regional Chamber And Growth Partnership is headquartered in Erie, Pennsylvania and files with the IRS under EIN 251231891. It is classified under NTEE code S312.
How many years of IRS 990 filings does Erie Regional Chamber And Growth Partnership have?
Erie Regional Chamber And Growth Partnership has 13 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Erie Regional Chamber And Growth Partnership showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Erie Regional Chamber And Growth Partnership's revenue has grown by 28.3%, moving from $1.4M to $1.7M. Total assets increased by 58.7% over the same period, from $808K to $1.3M. Total functional expenses rose by 61.3%, from $1.4M to $2.3M. In its most recent filing year (2023), Erie Regional Chamber And Growth Partnership reported a deficit of $532K, with expenses exceeding revenue. The organization holds $929K in liabilities against $1.3M in assets (debt-to-asset ratio: 72.4%), resulting in net assets of $354K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.3M | $1.3M | $929K | — | — |
| 2022 | $1.7M | $2.4M | $2.7M | $1.9M | — | View 990 |
| 2021 | $2.4M | $1.9M | $2.7M | $1.3M | — | View 990 |
| 2020 | $2.5M | $1.9M | $2.0M | $955K | — | View 990 |
| 2019 | $2.6M | $2.1M | $1.1M | $692K | — | View 990 |
| 2018 | $1.2M | $1.4M | $458K | $592K | — | View 990 |
| 2017 | $1.2M | $1.2M | $477K | $463K | — | — |
| 2016 | $1.3M | $1.4M | $614K | $586K | — | View 990 |
| 2015 | $1.3M | $1.3M | $608K | $509K | — | View 990 |
| 2014 | $1.3M | $1.3M | $559K | $495K | — | View 990 |
| 2013 | $1.3M | $1.4M | $683K | $638K | — | View 990 |
| 2012 | $1.5M | $1.4M | $838K | $772K | — | View 990 |
| 2011 | $1.4M | $1.4M | $808K | $773K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.3M, and assets of $1.3M (revenue +5.5% year-over-year).
- 2022: Revenue of $1.7M, expenses of $2.4M, and assets of $2.7M (revenue -30.2% year-over-year).
- 2021: Revenue of $2.4M, expenses of $1.9M, and assets of $2.7M (revenue -5.0% year-over-year).
- 2020: Revenue of $2.5M, expenses of $1.9M, and assets of $2.0M (revenue -4.8% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.1M, and assets of $1.1M (revenue +117.7% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.4M, and assets of $458K (revenue -1.3% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $477K (revenue -5.2% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $614K (revenue -3.8% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $608K (revenue +2.0% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $559K (revenue -2.2% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.4M, and assets of $683K (revenue -9.3% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.4M, and assets of $838K (revenue +8.6% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $808K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Erie Regional Chamber And Growth Partnership:
Data Sources and Methodology
This transparency report for Erie Regional Chamber And Growth Partnership 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.