French American Chamber Of Commerce In The U S Inc
French American Chamber of Commerce consistently maintains financial surpluses and growing assets with no reported officer compensation.
EIN: 133376234 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.7M |
| Total Expenses | $2.4M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $9.1M |
| Transparency Score | 85/100 |
Is French American Chamber Of Commerce In The U S Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
French American Chamber Of Commerce In The U S Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About French American Chamber Of Commerce In The U S Inc
French American Chamber Of Commerce In The U S Inc (EIN: 133376234) is a nonprofit organization based in New York, NY. The organization reported total revenue of $4.7M and total assets of $10.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of French American Chamber Of Commerce In The U S Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
French American Chamber Of Commerce In The U S Inc is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$221K |
| Total Assets | $9.6M |
| Total Liabilities | $490K |
| Net Assets | $9.1M |
| Operating Margin | 8.5% |
| Debt-to-Asset Ratio | 5.1% |
| Months of Reserves | 48.5 months |
Financial Health Grade: A
In 2023, French American Chamber Of Commerce In The U S Inc reported a surplus of $221K with revenue exceeding expenses, holds 48.5 months of operating reserves (strong position), has a debt-to-asset ratio of 5.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), French American Chamber Of Commerce In The U S Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.3% | +25.1% | +11.3% |
| 2022 | +64.7% | +32.6% | -8.5% |
| 2021 | -6.6% | -45.3% | +0.5% |
| 2020 | -50.1% | -13.3% | -5.5% |
| 2019 | +1.3% | +27.3% | +12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1988 |
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 French American Chamber Of Commerce In The U S Inc 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: 75%
- fundraising: 10%
According to IRS 990 filings, French American Chamber Of Commerce In The U S Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 surplus of $221K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization with revenues exceeding $2 million annually and assets over $9 million, suggesting either volunteer leadership or compensation is covered by a related entity, which would warrant further investigation for full transparency.
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 French American Chamber Of Commerce In The U S Inc's IRS 990 filings:
- No reported officer compensation despite significant revenue and assets, which is unusual and may indicate compensation through a related entity or other non-direct means, warranting further scrutiny for full transparency.
Strengths
The following positive indicators were identified for French American Chamber Of Commerce In The U S Inc:
- Consistent financial surpluses, demonstrating sound fiscal management (e.g., $220,546 surplus in 2023).
- Strong and consistent growth in assets over the past decade, indicating financial stability and increasing capacity (from $6.3M in 2014 to $9.5M in 2023).
- Low liabilities relative to assets, suggesting a healthy balance sheet (e.g., $490,157 liabilities vs. $9,562,519 assets in 2023).
- No reported officer compensation, which, if truly volunteer-led, represents a significant dedication of resources to the mission.
Frequently Asked Questions about French American Chamber Of Commerce In The U S Inc
Is French American Chamber Of Commerce In The U S Inc a legitimate charity?
French American Chamber Of Commerce In The U S Inc (EIN: 133376234) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.7M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does French American Chamber Of Commerce In The U S Inc spend its money?
French American Chamber Of Commerce In The U S Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to French American Chamber Of Commerce In The U S Inc tax-deductible?
French American Chamber Of Commerce In The U S Inc is registered as a tax-exempt nonprofit (EIN: 133376234). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the French American Chamber Of Commerce In The U S Inc CEO make?
French American Chamber Of Commerce In The U S Inc's highest-compensated officer earns $2 annually. The organization reported $4.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of French American Chamber Of Commerce In The U S Inc's spending goes to programs?
French American Chamber Of Commerce In The U S Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is French American Chamber Of Commerce In The U S Inc located?
French American Chamber Of Commerce In The U S Inc is headquartered in New York, New York and files with the IRS under EIN 133376234.
How many years of IRS 990 filings does French American Chamber Of Commerce In The U S Inc have?
French American Chamber Of Commerce In The U S Inc 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 $4.7M in total revenue.
Is the French American Chamber Of Commerce In The U S Inc a good charity?
Based on the provided financial data, the organization demonstrates strong financial health with consistent surpluses and growing assets. The absence of reported officer compensation is a unique characteristic that could be viewed positively for resource allocation, though it might also suggest an alternative compensation structure not immediately apparent from the 990 summary.
How does the organization manage its expenses relative to its revenue?
The organization consistently manages its expenses below its revenue, as evidenced by surpluses in most years, including $220,546 in 2023 ($2,584,943 revenue - $2,364,397 expenses) and $433,036 in 2022 ($2,322,549 revenue - $1,889,513 expenses). This indicates effective financial management and a sustainable operating model.
What is the trend in the organization's assets?
The organization's assets have shown a strong upward trend, growing from $6,356,768 in 2014 to $9,562,519 in 2023. This consistent growth indicates financial stability and an increasing capacity to fulfill its mission.
Filing History
IRS 990 filing history for French American Chamber Of Commerce In The U S Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), French American Chamber Of Commerce In The U S Inc's revenue has grown by 47.7%, moving from $1.7M to $2.6M. Total assets increased by 110.4% over the same period, from $4.5M to $9.6M. Total functional expenses rose by 73.4%, from $1.4M to $2.4M. In its most recent filing year (2023), French American Chamber Of Commerce In The U S Inc reported a surplus of $221K, with revenue exceeding expenses. The organization holds $490K in liabilities against $9.6M in assets (debt-to-asset ratio: 5.1%), resulting in net assets of $9.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.4M | $9.6M | $490K | — | — |
| 2022 | $2.3M | $1.9M | $8.6M | $461K | — | — |
| 2021 | $1.4M | $1.4M | $9.4M | $476K | — | View 990 |
| 2020 | $1.5M | $2.6M | $9.3M | $607K | — | View 990 |
| 2019 | $3.0M | $3.0M | $9.9M | $274K | — | View 990 |
| 2018 | $3.0M | $2.4M | $8.8M | $260K | — | View 990 |
| 2017 | $3.1M | $2.2M | $8.8M | $272K | — | View 990 |
| 2016 | $2.9M | $2.2M | $7.6M | $260K | — | View 990 |
| 2015 | $2.6M | $2.1M | $6.9M | $274K | — | View 990 |
| 2014 | $2.4M | $1.7M | $6.4M | $224K | — | View 990 |
| 2013 | $2.2M | $1.7M | $5.6M | $123K | — | View 990 |
| 2012 | $2.1M | $1.5M | $5.2M | $169K | — | View 990 |
| 2011 | $1.7M | $1.4M | $4.5M | $190K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.4M, and assets of $9.6M (revenue +11.3% year-over-year).
- 2022: Revenue of $2.3M, expenses of $1.9M, and assets of $8.6M (revenue +64.7% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $9.4M (revenue -6.6% year-over-year).
- 2020: Revenue of $1.5M, expenses of $2.6M, and assets of $9.3M (revenue -50.1% year-over-year).
- 2019: Revenue of $3.0M, expenses of $3.0M, and assets of $9.9M (revenue +1.3% year-over-year).
- 2018: Revenue of $3.0M, expenses of $2.4M, and assets of $8.8M (revenue -3.6% year-over-year).
- 2017: Revenue of $3.1M, expenses of $2.2M, and assets of $8.8M (revenue +7.8% year-over-year).
- 2016: Revenue of $2.9M, expenses of $2.2M, and assets of $7.6M (revenue +11.0% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.1M, and assets of $6.9M (revenue +10.1% year-over-year).
- 2014: Revenue of $2.4M, expenses of $1.7M, and assets of $6.4M (revenue +7.0% year-over-year).
- 2013: Revenue of $2.2M, expenses of $1.7M, and assets of $5.6M (revenue +5.6% year-over-year).
- 2012: Revenue of $2.1M, expenses of $1.5M, and assets of $5.2M (revenue +18.9% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.4M, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for French American Chamber Of Commerce In The U S Inc:
Data Sources and Methodology
This transparency report for French American Chamber Of Commerce In The U S Inc 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.