Foundation Of Lancaster Chamber
Foundation Of Lancaster Chamber: Steady Finances, Clear Mission
EIN: 222608944 · Lancaster, PA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $532K |
| Program Spending | 80% |
| Net Assets | $3.5M |
| Transparency Score | 85/100 |
Is Foundation Of Lancaster Chamber Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foundation Of Lancaster Chamber directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foundation Of Lancaster Chamber
Foundation Of Lancaster Chamber (EIN: 222608944) is a nonprofit organization based in Lancaster, PA. The organization reported total revenue of $2.3M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation Of Lancaster Chamber's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation Of Lancaster Chamber is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $162K |
| Total Expenses | $532K |
| Surplus / Deficit | $-370,595 |
| Total Assets | $12.1M |
| Total Liabilities | $8.5M |
| Net Assets | $3.5M |
| Operating Margin | -228.9% |
| Debt-to-Asset Ratio | 70.8% |
| Months of Reserves | 271.8 months |
Financial Health Grade: C
In 2023, Foundation Of Lancaster Chamber reported a deficit of $371K with expenses exceeding revenue, holds 271.8 months of operating reserves (strong position), has a debt-to-asset ratio of 70.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Foundation Of Lancaster Chamber's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.2% | +4.8% | -2.0% |
| 2022 | +160.4% | -4.9% | -2.1% |
| 2021 | -76.8% | -32.8% | -4.7% |
| 2020 | -7.1% | +4.2% | -3.0% |
| 2019 | -35.6% | +8.1% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Foundation Of Lancaster Chamber with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Foundation Of Lancaster Chamber allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $371K, with expenses exceeding revenue.
- Debt-to-asset ratio: 70.8%.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the given data, preventing a specific assessment.
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 Foundation Of Lancaster Chamber's IRS 990 filings:
- Expenses consistently exceed revenue, leading to a decline in assets over several years.
Strengths
The following positive indicators were identified for Foundation Of Lancaster Chamber:
- Consistent mission focus as indicated by stable program spending.
- Maintains substantial assets despite revenue fluctuations.
Frequently Asked Questions about Foundation Of Lancaster Chamber
Is Foundation Of Lancaster Chamber a legitimate charity?
Foundation Of Lancaster Chamber (EIN: 222608944) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. 1 red flag identified. 2 strengths noted. Financial health grade: C.
How does Foundation Of Lancaster Chamber spend its money?
Foundation Of Lancaster Chamber directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Foundation Of Lancaster Chamber tax-deductible?
Foundation Of Lancaster Chamber is registered as a tax-exempt nonprofit (EIN: 222608944). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Foundation Of Lancaster Chamber's spending goes to programs?
Foundation Of Lancaster Chamber directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Foundation Of Lancaster Chamber located?
Foundation Of Lancaster Chamber is headquartered in Lancaster, Pennsylvania and files with the IRS under EIN 222608944.
How many years of IRS 990 filings does Foundation Of Lancaster Chamber have?
Foundation Of Lancaster Chamber 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 $2.3M in total revenue.
What does Foundation Of Lancaster Chamber do?
Foundation Of Lancaster Chamber is a nonprofit organization in the Unknown sector, located in Lancaster, Pennsylvania. It is classified under NTEE code Unknown.
How much revenue does Foundation Of Lancaster Chamber have?
Foundation Of Lancaster Chamber reported total revenue of $2,275,737. Based on 13 IRS 990 filings on record.
What are Foundation Of Lancaster Chamber's total assets?
Foundation Of Lancaster Chamber holds total assets of $5,182,817 as reported in IRS 990 filings.
Where is Foundation Of Lancaster Chamber located?
Foundation Of Lancaster Chamber is based in Lancaster, Pennsylvania.
What is Foundation Of Lancaster Chamber's EIN?
Foundation Of Lancaster Chamber's Employer Identification Number (EIN) is 222608944. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Foundation Of Lancaster Chamber?
Foundation Of Lancaster Chamber is classified under NTEE code Unknown (Unknown).
Is Foundation Of Lancaster Chamber a registered 501(c)(3)?
Foundation Of Lancaster Chamber appears in IRS records (EIN: 222608944). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Foundation Of Lancaster Chamber file IRS Form 990?
Yes, Foundation Of Lancaster Chamber has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Foundation Of Lancaster Chamber's revenue in 2023?
In the 202312 filing period, Foundation Of Lancaster Chamber reported total revenue of $161,896, total expenses of $532,491, and net assets of $12,062,642.
Is Foundation Of Lancaster Chamber's revenue growing or declining?
Foundation Of Lancaster Chamber's revenue is declining. Revenue went from $210,805 (202212) to $161,896 (202312), a -23.2% change. Based on 13 filings on record.
What is Foundation Of Lancaster Chamber's most recent 990 filing?
The most recent IRS Form 990 filing for Foundation Of Lancaster Chamber covers tax period 202312. It shows revenue of $161,896, expenses of $532,491, total assets of $12,062,642, and liabilities of $8,544,588.
How much does Foundation Of Lancaster Chamber spend on programs vs administration?
Based on IRS 990 analysis, Foundation Of Lancaster Chamber allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Foundation Of Lancaster Chamber a trustworthy charity?
Based on AI analysis of IRS 990 data, Foundation Of Lancaster Chamber appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 2 strengths noted.
What are the red flags for Foundation Of Lancaster Chamber?
The following concerns were identified: Expenses consistently exceed revenue, leading to a decline in assets over several years.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Foundation Of Lancaster Chamber's strengths?
Positive indicators for Foundation Of Lancaster Chamber include: Consistent mission focus as indicated by stable program spending.. Maintains substantial assets despite revenue fluctuations.. These findings are derived from AI analysis of the organization's financial filings.
How does Foundation Of Lancaster Chamber compensate executives?
Executive compensation details are not explicitly provided in the given data, preventing a specific assessment. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Foundation Of Lancaster Chamber?
• 2023 filings show total revenue of $161,896 and expenses of $532,491. • Assets decreased from $12,309,323 in 2022 to $12,062,642 in 2023. • Liabilities remained relatively stable, at $8,544,588 in 2023. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent trend of expenses exceeding revenue, what is the long-term financial sustainability strategy of the Foundation?
The provided data indicates a consistent deficit where expenses (e.g., $532,491 in 2023) are higher than revenue (e.g., $161,896 in 2023). This trend, if continued, suggests a reliance on existing assets, which have decreased from $14,006,086 in 2018 to $12,062,642 in 2023. A detailed sustainability strategy would need to address this gap, potentially through increased fundraising or expense reduction.
Filing History
IRS 990 filing history for Foundation Of Lancaster Chamber showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Foundation Of Lancaster Chamber's revenue has declined by 20.1%, moving from $203K to $162K. Total assets increased by 14656.8% over the same period, from $82K to $12.1M. Total functional expenses rose by 159.8%, from $205K to $532K. In its most recent filing year (2023), Foundation Of Lancaster Chamber reported a deficit of $371K, with expenses exceeding revenue. The organization holds $8.5M in liabilities against $12.1M in assets (debt-to-asset ratio: 70.8%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $162K | $532K | $12.1M | $8.5M | — | — |
| 2022 | $211K | $508K | $12.3M | $8.4M | — | View 990 |
| 2021 | $81K | $534K | $12.6M | $8.4M | — | View 990 |
| 2020 | $349K | $794K | $13.2M | $8.5M | — | — |
| 2019 | $376K | $762K | $13.6M | $8.4M | — | View 990 |
| 2018 | $584K | $705K | $14.0M | $8.4M | — | View 990 |
| 2017 | $2.7M | $821K | $14.1M | $8.4M | — | View 990 |
| 2016 | $3.8M | $526K | $10.4M | $6.7M | — | View 990 |
| 2015 | $568K | $285K | $497K | $210K | — | View 990 |
| 2014 | $250K | $295K | $153K | $168K | — | View 990 |
| 2013 | $217K | $200K | $174K | $143K | — | View 990 |
| 2012 | $194K | $199K | $71K | $58K | — | View 990 |
| 2011 | $203K | $205K | $82K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $162K, expenses of $532K, and assets of $12.1M (revenue -23.2% year-over-year).
- 2022: Revenue of $211K, expenses of $508K, and assets of $12.3M (revenue +160.4% year-over-year).
- 2021: Revenue of $81K, expenses of $534K, and assets of $12.6M (revenue -76.8% year-over-year).
- 2020: Revenue of $349K, expenses of $794K, and assets of $13.2M (revenue -7.1% year-over-year).
- 2019: Revenue of $376K, expenses of $762K, and assets of $13.6M (revenue -35.6% year-over-year).
- 2018: Revenue of $584K, expenses of $705K, and assets of $14.0M (revenue -78.3% year-over-year).
- 2017: Revenue of $2.7M, expenses of $821K, and assets of $14.1M (revenue -29.9% year-over-year).
- 2016: Revenue of $3.8M, expenses of $526K, and assets of $10.4M (revenue +576.9% year-over-year).
- 2015: Revenue of $568K, expenses of $285K, and assets of $497K (revenue +127.5% year-over-year).
- 2014: Revenue of $250K, expenses of $295K, and assets of $153K (revenue +15.1% year-over-year).
- 2013: Revenue of $217K, expenses of $200K, and assets of $174K (revenue +11.8% year-over-year).
- 2012: Revenue of $194K, expenses of $199K, and assets of $71K (revenue -4.1% year-over-year).
- 2011: Revenue of $203K, expenses of $205K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation Of Lancaster Chamber:
Data Sources and Methodology
This transparency report for Foundation Of Lancaster Chamber 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.