German American Chamber Of Commerce Inc
German American Chamber Of Commerce Inc shows consistent revenue and expense levels with growing assets over the past decade.
EIN: 131893850 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.2M |
| Total Expenses | $7.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $2.3M |
| Transparency Score | 70/100 |
Is German 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 →
German American Chamber Of Commerce Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About German American Chamber Of Commerce Inc
German American Chamber Of Commerce Inc (EIN: 131893850) is a nonprofit organization based in New York, NY. The organization reported total revenue of $8.2M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of German American Chamber Of Commerce Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
German American Chamber Of Commerce Inc is a mid-size nonprofit that has been operating for 78 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.7M |
| Total Expenses | $7.1M |
| Surplus / Deficit | +$571K |
| Total Assets | $5.5M |
| Total Liabilities | $3.2M |
| Net Assets | $2.3M |
| Operating Margin | 7.5% |
| Debt-to-Asset Ratio | 57.9% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2023, German American Chamber Of Commerce Inc reported a surplus of $571K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 57.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), German American Chamber Of Commerce Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.8% | -4.0% | +11.6% |
| 2022 | +6.0% | +13.6% | +27.9% |
| 2021 | +10.5% | +0.1% | +18.1% |
| 2020 | -23.5% | -20.0% | -16.5% |
| 2019 | -2.9% | -3.5% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1948 |
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 German American Chamber Of Commerce Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, German American Chamber Of Commerce Inc 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 surplus of $571K, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.9%.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation across all filings, which is unusual for an organization of this size with revenues exceeding $7 million. This suggests that executive compensation may be reported under different expense categories or that officers are not compensated, which would require further investigation of the full 990 forms for clarity.
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 German American Chamber Of Commerce Inc's IRS 990 filings:
- Consistent reporting of 0% officer compensation, which is atypical for an organization of this size and warrants further scrutiny of full 990 filings.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided summary, hindering a precise assessment of spending efficiency.
Strengths
The following positive indicators were identified for German American Chamber Of Commerce Inc:
- Consistent revenue generation, with revenues generally exceeding expenses in most recent years (e.g., $7,654,142 revenue vs. $7,083,579 expenses in 2023).
- Growing asset base, increasing from $2,619,618 in 2014 to $5,454,618 in 2023, indicating financial growth and stability.
- Positive net asset trend, showing an increase in reserves over the past decade.
Frequently Asked Questions about German American Chamber Of Commerce Inc
Is German American Chamber Of Commerce Inc a legitimate charity?
German American Chamber Of Commerce Inc (EIN: 131893850) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.2M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does German American Chamber Of Commerce Inc spend its money?
German American Chamber Of Commerce Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to German American Chamber Of Commerce Inc tax-deductible?
German American Chamber Of Commerce Inc is registered as a tax-exempt nonprofit (EIN: 131893850). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the German American Chamber Of Commerce Inc CEO make?
German American Chamber Of Commerce Inc's highest-compensated officer earns $7 annually. The organization reported $8.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of German American Chamber Of Commerce Inc's spending goes to programs?
German American Chamber Of Commerce Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is German American Chamber Of Commerce Inc located?
German American Chamber Of Commerce Inc is headquartered in New York, New York and files with the IRS under EIN 131893850.
How many years of IRS 990 filings does German American Chamber Of Commerce Inc have?
German American Chamber Of Commerce 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 $8.2M in total revenue.
Is German American Chamber Of Commerce Inc a good charity?
Based on the available financial data, the organization appears financially stable with consistent revenue generation and growing assets. However, without detailed functional expense breakdowns (program, admin, fundraising) and clarity on executive compensation, a definitive assessment of its 'goodness' as a charity is limited.
How does the organization manage its liabilities?
Liabilities have increased from $1,760,621 in 2014 to $3,155,743 in 2023. While assets have also grown, the ratio of liabilities to assets should be monitored to ensure long-term financial health.
What is the actual executive compensation?
The provided data consistently shows 0% for officer compensation. This is highly unusual for an organization with annual revenues in the millions and suggests that compensation for key executives is either not reported in this specific field or that they are uncompensated, which warrants further investigation of the full IRS Form 990.
What is the trend in net assets?
Net assets (Assets minus Liabilities) have generally increased over the decade, from approximately $858,997 in 2014 to $2,298,875 in 2023, indicating a positive trend in financial reserves.
Filing History
IRS 990 filing history for German American Chamber Of Commerce Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), German American Chamber Of Commerce Inc's revenue has declined by 7.9%, moving from $8.3M to $7.7M. Total assets increased by 86.4% over the same period, from $2.9M to $5.5M. Total functional expenses fell by 11%, from $8.0M to $7.1M. In its most recent filing year (2023), German American Chamber Of Commerce Inc reported a surplus of $571K, with revenue exceeding expenses. The organization holds $3.2M in liabilities against $5.5M in assets (debt-to-asset ratio: 57.9%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.7M | $7.1M | $5.5M | $3.2M | — | — |
| 2022 | $7.3M | $7.4M | $4.9M | $3.2M | — | View 990 |
| 2021 | $6.9M | $6.5M | $3.8M | $2.0M | — | View 990 |
| 2020 | $6.2M | $6.5M | $3.2M | $1.8M | — | View 990 |
| 2019 | $8.1M | $8.1M | $3.9M | $2.2M | — | — |
| 2018 | $8.4M | $8.4M | $3.5M | $1.9M | — | View 990 |
| 2017 | $9.2M | $8.8M | $2.9M | $1.3M | — | View 990 |
| 2016 | $8.7M | $8.5M | $3.1M | $1.9M | — | View 990 |
| 2015 | $8.8M | $8.7M | $2.5M | $1.5M | — | View 990 |
| 2014 | $9.2M | $9.0M | $2.6M | $1.8M | — | View 990 |
| 2013 | $8.9M | $8.9M | $2.8M | $2.1M | — | View 990 |
| 2012 | $8.2M | $8.4M | $2.8M | $2.2M | — | View 990 |
| 2011 | $8.3M | $8.0M | $2.9M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.7M, expenses of $7.1M, and assets of $5.5M (revenue +4.8% year-over-year).
- 2022: Revenue of $7.3M, expenses of $7.4M, and assets of $4.9M (revenue +6.0% year-over-year).
- 2021: Revenue of $6.9M, expenses of $6.5M, and assets of $3.8M (revenue +10.5% year-over-year).
- 2020: Revenue of $6.2M, expenses of $6.5M, and assets of $3.2M (revenue -23.5% year-over-year).
- 2019: Revenue of $8.1M, expenses of $8.1M, and assets of $3.9M (revenue -2.9% year-over-year).
- 2018: Revenue of $8.4M, expenses of $8.4M, and assets of $3.5M (revenue -9.0% year-over-year).
- 2017: Revenue of $9.2M, expenses of $8.8M, and assets of $2.9M (revenue +5.9% year-over-year).
- 2016: Revenue of $8.7M, expenses of $8.5M, and assets of $3.1M (revenue -1.6% year-over-year).
- 2015: Revenue of $8.8M, expenses of $8.7M, and assets of $2.5M (revenue -3.5% year-over-year).
- 2014: Revenue of $9.2M, expenses of $9.0M, and assets of $2.6M (revenue +2.7% year-over-year).
- 2013: Revenue of $8.9M, expenses of $8.9M, and assets of $2.8M (revenue +8.5% year-over-year).
- 2012: Revenue of $8.2M, expenses of $8.4M, and assets of $2.8M (revenue -1.0% year-over-year).
- 2011: Revenue of $8.3M, expenses of $8.0M, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for German American Chamber Of Commerce Inc:
Data Sources and Methodology
This transparency report for German 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.