French American Chamber Of Commerce Inc
French American Chamber of Commerce: Modest Growth, Consistent Operations
EIN: 222801118 · Cambridge, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $262K |
| Total Expenses | $294K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $79K |
| Transparency Score | 75/100 |
Is French American Chamber Of Commerce 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 Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About French American Chamber Of Commerce Inc
French American Chamber Of Commerce Inc (EIN: 222801118) is a nonprofit organization based in Cambridge, MA. The organization reported total revenue of $262K and total assets of $92K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of French American Chamber Of Commerce 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 Inc is a small nonprofit that has been operating for 39 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $322K |
| Total Expenses | $294K |
| Surplus / Deficit | +$28K |
| Total Assets | $138K |
| Total Liabilities | $59K |
| Net Assets | $79K |
| Operating Margin | 8.7% |
| Debt-to-Asset Ratio | 42.9% |
| Months of Reserves | 5.6 months |
Financial Health Grade: A
In 2023, French American Chamber Of Commerce Inc reported a surplus of $28K with revenue exceeding expenses, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 42.9% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), French American Chamber Of Commerce Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.0% | +52.8% | +29.1% |
| 2022 | +96.9% | +34.7% | +47.8% |
| 2021 | -2.8% | -19.1% | -29.8% |
| 2020 | -54.5% | -33.0% | +0.6% |
| 2019 | +4.7% | +1.3% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1987 |
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 Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, French American Chamber Of Commerce Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.9%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or externally compensated leadership structure, which is positive for donor confidence.
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 Inc's IRS 990 filings:
- Net assets have shown some fluctuation, with a decrease from $137,638 in 2023 to $91,665 in the provided current data, warranting further investigation into the cause of this recent decline.
Strengths
The following positive indicators were identified for French American Chamber Of Commerce Inc:
- Consistent revenue generation over several years, demonstrating stability.
- Low administrative and fundraising costs based on the provided spending breakdown, suggesting efficient operations.
- Zero reported executive compensation is a strong positive for resource allocation to mission.
Frequently Asked Questions about French American Chamber Of Commerce Inc
Is French American Chamber Of Commerce Inc a legitimate charity?
French American Chamber Of Commerce Inc (EIN: 222801118) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $262K. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does French American Chamber Of Commerce Inc spend its money?
French American Chamber Of Commerce Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to French American Chamber Of Commerce Inc tax-deductible?
French American Chamber Of Commerce Inc is registered as a tax-exempt nonprofit (EIN: 222801118). 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 Inc CEO make?
French American Chamber Of Commerce Inc's highest-compensated officer earns $0 annually. The organization reported $262K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of French American Chamber Of Commerce Inc's spending goes to programs?
French American Chamber Of Commerce Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is French American Chamber Of Commerce Inc located?
French American Chamber Of Commerce Inc is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 222801118.
How many years of IRS 990 filings does French American Chamber Of Commerce Inc have?
French American Chamber Of Commerce Inc has 14 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 $262K in total revenue.
What does French American Chamber Of Commerce Inc do?
French American Chamber Of Commerce Inc is a nonprofit organization in the Unknown sector, located in Cambridge, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does French American Chamber Of Commerce Inc have?
French American Chamber Of Commerce Inc reported total revenue of $261,786. Based on 14 IRS 990 filings on record.
What are French American Chamber Of Commerce Inc's total assets?
French American Chamber Of Commerce Inc holds total assets of $91,665 as reported in IRS 990 filings.
Where is French American Chamber Of Commerce Inc located?
French American Chamber Of Commerce Inc is based in Cambridge, Massachusetts.
What is French American Chamber Of Commerce Inc's EIN?
French American Chamber Of Commerce Inc's Employer Identification Number (EIN) is 222801118. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is French American Chamber Of Commerce Inc?
French American Chamber Of Commerce Inc is classified under NTEE code Unknown (Unknown).
Is French American Chamber Of Commerce Inc a registered 501(c)(3)?
French American Chamber Of Commerce Inc appears in IRS records (EIN: 222801118). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does French American Chamber Of Commerce Inc file IRS Form 990?
Yes, French American Chamber Of Commerce Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was French American Chamber Of Commerce Inc's revenue in 2023?
In the 202312 filing period, French American Chamber Of Commerce Inc reported total revenue of $322,303, total expenses of $294,287, and net assets of $137,638.
Is French American Chamber Of Commerce Inc's revenue growing or declining?
French American Chamber Of Commerce Inc's revenue is growing. Revenue went from $226,973 (202212) to $322,303 (202312), a +42.0% change. Based on 14 filings on record.
What is French American Chamber Of Commerce Inc's most recent 990 filing?
The most recent IRS Form 990 filing for French American Chamber Of Commerce Inc covers tax period 202312. It shows revenue of $322,303, expenses of $294,287, total assets of $137,638, and liabilities of $58,981.
How much does French American Chamber Of Commerce Inc spend on programs vs administration?
Based on IRS 990 analysis, French American Chamber Of Commerce Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is French American Chamber Of Commerce Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, French American Chamber Of Commerce Inc appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for French American Chamber Of Commerce Inc?
The following concerns were identified: Net assets have shown some fluctuation, with a decrease from $137,638 in 2023 to $91,665 in the provided current data, warranting further investigation into the cause of this recent decline.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are French American Chamber Of Commerce Inc's strengths?
Positive indicators for French American Chamber Of Commerce Inc include: Consistent revenue generation over several years, demonstrating stability.. Low administrative and fundraising costs based on the provided spending breakdown, suggesting efficient operations.. Zero reported executive compensation is a strong positive for resource allocation to mission.. These findings are derived from AI analysis of the organization's financial filings.
How does French American Chamber Of Commerce Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or externally compensated leadership structure, which is positive for donor confidence. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is French American Chamber Of Commerce Inc?
- Financial statements are publicly available through IRS Form 990 filings. - The organization consistently reports zero compensation for officers, directors, trustees, and key employees. - Detailed program service accomplishments are provided in Form 990, Part III. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of $0 for executive compensation, how does the organization manage its leadership and operational oversight functions?
The organization likely relies on volunteer leadership, pro-bono services, or compensation for key roles is covered by a related entity or through non-reportable means, which would require further clarification to fully understand the operational model.
What factors contributed to the significant increase in revenue from $115,287 in 2021 to $322,303 in 2023, and how sustainable is this growth?
The substantial revenue growth suggests successful new initiatives, increased membership, or expanded event programming. Sustainability would depend on the nature of these revenue streams and the organization's strategic plans for continued engagement and funding.
Filing History
IRS 990 filing history for French American Chamber Of Commerce Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), French American Chamber Of Commerce Inc's revenue has grown by 75.9%, moving from $183K to $322K. Total assets increased by 32.4% over the same period, from $104K to $138K. Total functional expenses rose by 68.6%, from $175K to $294K. In its most recent filing year (2023), French American Chamber Of Commerce Inc reported a surplus of $28K, with revenue exceeding expenses. The organization holds $59K in liabilities against $138K in assets (debt-to-asset ratio: 42.9%), resulting in net assets of $79K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $322K | $294K | $138K | $59K | — | — |
| 2022 | $227K | $193K | $107K | $56K | — | View 990 |
| 2021 | $115K | $143K | $72K | $56K | — | View 990 |
| 2020 | $119K | $177K | $103K | $59K | — | View 990 |
| 2019 | $261K | $264K | $102K | $0 | — | — |
| 2018 | $249K | $261K | $105K | $0 | — | View 990 |
| 2017 | $232K | $198K | $117K | $0 | — | — |
| 2016 | $185K | $198K | $82K | $0 | — | View 990 |
| 2015 | $154K | $167K | $95K | $0 | — | View 990 |
| 2014 | $82K | $72K | $107K | $0 | — | View 990 |
| 2014 | $181K | $172K | $97K | $0 | — | View 990 |
| 2013 | $109K | $112K | $88K | $0 | — | View 990 |
| 2012 | $117K | $129K | $92K | $374 | — | View 990 |
| 2011 | $183K | $175K | $104K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $322K, expenses of $294K, and assets of $138K (revenue +42.0% year-over-year).
- 2022: Revenue of $227K, expenses of $193K, and assets of $107K (revenue +96.9% year-over-year).
- 2021: Revenue of $115K, expenses of $143K, and assets of $72K (revenue -2.8% year-over-year).
- 2020: Revenue of $119K, expenses of $177K, and assets of $103K (revenue -54.5% year-over-year).
- 2019: Revenue of $261K, expenses of $264K, and assets of $102K (revenue +4.7% year-over-year).
- 2018: Revenue of $249K, expenses of $261K, and assets of $105K (revenue +7.3% year-over-year).
- 2017: Revenue of $232K, expenses of $198K, and assets of $117K (revenue +25.2% year-over-year).
- 2016: Revenue of $185K, expenses of $198K, and assets of $82K (revenue +20.1% year-over-year).
- 2015: Revenue of $154K, expenses of $167K, and assets of $95K (revenue +88.7% year-over-year).
- 2014: Revenue of $82K, expenses of $72K, and assets of $107K (revenue -54.7% year-over-year).
- 2014: Revenue of $181K, expenses of $172K, and assets of $97K (revenue +65.5% year-over-year).
- 2013: Revenue of $109K, expenses of $112K, and assets of $88K (revenue -6.5% year-over-year).
- 2012: Revenue of $117K, expenses of $129K, and assets of $92K (revenue -36.3% year-over-year).
- 2011: Revenue of $183K, expenses of $175K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for French American Chamber Of Commerce Inc:
Data Sources and Methodology
This transparency report for French American Chamber Of Commerce 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.