Franconia Chamber Of Commerce
Franconia Chamber Of Commerce maintains stable assets and low liabilities despite fluctuating annual revenues and occasional deficits.
EIN: 20354996 · Franconia, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $63K |
| Program Spending | 80% |
| Net Assets | $35K |
| Transparency Score | 85/100 |
Is Franconia Chamber Of Commerce Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Franconia Chamber Of Commerce directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Franconia Chamber Of Commerce
Franconia Chamber Of Commerce (EIN: 20354996) is a nonprofit organization based in Franconia, NH. The organization reported total revenue of $62K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franconia Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franconia Chamber Of Commerce is a micro nonprofit that has been operating for 45 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 | $55K |
| Total Expenses | $63K |
| Surplus / Deficit | $-7,668 |
| Total Assets | $36K |
| Total Liabilities | $674 |
| Net Assets | $35K |
| Operating Margin | -13.9% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 6.8 months |
Financial Health Grade: B
In 2023, Franconia Chamber Of Commerce reported a deficit of $8K with expenses exceeding revenue, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Franconia Chamber Of Commerce's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.7% | +41.7% | -17.8% |
| 2022 | +3.7% | +14.2% | +6.0% |
| 2021 | +24.6% | +12.2% | +16.1% |
| 2020 | -36.1% | -8.6% | +4.4% |
| 2019 | +18.3% | -23.6% | +120.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Franconia Chamber Of Commerce 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Franconia Chamber Of Commerce allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of this size.
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.
Strengths
The following positive indicators were identified for Franconia Chamber Of Commerce:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Low and stable liabilities, demonstrating strong financial management and minimal debt.
- Growing asset base over the past decade, indicating increasing financial stability.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Generally stable revenue streams for a small community organization.
Frequently Asked Questions about Franconia Chamber Of Commerce
Is Franconia Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Franconia Chamber Of Commerce (EIN: 20354996) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Franconia Chamber Of Commerce spend its money?
Franconia Chamber Of Commerce directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Franconia Chamber Of Commerce tax-deductible?
Franconia Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 20354996). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Franconia Chamber Of Commerce's spending goes to programs?
Franconia Chamber Of Commerce directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Franconia Chamber Of Commerce located?
Franconia Chamber Of Commerce is headquartered in Franconia, New Hampshire and files with the IRS under EIN 20354996.
How many years of IRS 990 filings does Franconia Chamber Of Commerce have?
Franconia Chamber Of Commerce 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 $62K in total revenue.
Is Franconia Chamber Of Commerce a good charity?
Based on the available financial data, the Franconia Chamber Of Commerce appears to be a well-managed, financially stable organization with very low liabilities and a growing asset base. The 0% officer compensation is a significant positive, indicating a strong commitment to volunteerism and efficient use of funds. While specific program details are not provided, the overall financial health and transparency suggest it is a responsible organization.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $7,338 in 201509 to $35,728 in 202309. Liabilities have remained consistently low, often under $1,000. While revenues and expenses fluctuate annually, the overall trend shows a stable and growing financial foundation.
What is the organization's approach to executive compensation?
The Franconia Chamber Of Commerce reports 0% officer compensation in all available filings, indicating that its executive leadership serves on a volunteer basis, which is a highly efficient model for a small nonprofit.
Filing History
IRS 990 filing history for Franconia Chamber Of Commerce showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Franconia Chamber Of Commerce's revenue has declined by 19.8%, moving from $69K to $55K. Total assets increased by 9.7% over the same period, from $33K to $36K. Total functional expenses fell by 14.1%, from $73K to $63K. In its most recent filing year (2023), Franconia Chamber Of Commerce reported a deficit of $8K, with expenses exceeding revenue. The organization holds $674 in liabilities against $36K in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $35K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $63K | $36K | $674 | — | — |
| 2022 | $47K | $44K | $43K | $720 | — | View 990 |
| 2021 | $45K | $39K | $41K | $390 | — | — |
| 2020 | $36K | $35K | $35K | $701 | — | View 990 |
| 2019 | $56K | $38K | $34K | $573 | — | View 990 |
| 2018 | $48K | $50K | $15K | $583 | — | View 990 |
| 2017 | $53K | $49K | $18K | $1K | — | View 990 |
| 2016 | $56K | $49K | $15K | $3K | — | View 990 |
| 2015 | $55K | $70K | $7K | $2K | — | View 990 |
| 2014 | $65K | $72K | $34K | $14K | — | View 990 |
| 2013 | $83K | $78K | $33K | $21K | — | View 990 |
| 2012 | $64K | $61K | $20K | $13K | — | View 990 |
| 2011 | $69K | $73K | $33K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55K, expenses of $63K, and assets of $36K (revenue +18.7% year-over-year).
- 2022: Revenue of $47K, expenses of $44K, and assets of $43K (revenue +3.7% year-over-year).
- 2021: Revenue of $45K, expenses of $39K, and assets of $41K (revenue +24.6% year-over-year).
- 2020: Revenue of $36K, expenses of $35K, and assets of $35K (revenue -36.1% year-over-year).
- 2019: Revenue of $56K, expenses of $38K, and assets of $34K (revenue +18.3% year-over-year).
- 2018: Revenue of $48K, expenses of $50K, and assets of $15K (revenue -10.6% year-over-year).
- 2017: Revenue of $53K, expenses of $49K, and assets of $18K (revenue -4.8% year-over-year).
- 2016: Revenue of $56K, expenses of $49K, and assets of $15K (revenue +0.9% year-over-year).
- 2015: Revenue of $55K, expenses of $70K, and assets of $7K (revenue -14.7% year-over-year).
- 2014: Revenue of $65K, expenses of $72K, and assets of $34K (revenue -21.4% year-over-year).
- 2013: Revenue of $83K, expenses of $78K, and assets of $33K (revenue +29.4% year-over-year).
- 2012: Revenue of $64K, expenses of $61K, and assets of $20K (revenue -7.3% year-over-year).
- 2011: Revenue of $69K, expenses of $73K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Franconia Chamber Of Commerce:
Data Sources and Methodology
This transparency report for Franconia 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.