Harbor Country Chamber
EIN: 382489209 · Three Oaks, MI
| Metric | Value |
|---|---|
| Total Revenue | $231K |
| Total Expenses | $171K |
| Net Assets | $542K |
Is Harbor Country Chamber Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Harbor Country Chamber
Harbor Country Chamber (EIN: 382489209) is a nonprofit organization based in Three Oaks, MI. The organization reported total revenue of $231K and total assets of $572K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harbor Country Chamber's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harbor Country Chamber is a small nonprofit that has been operating for 42 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 | $180K |
| Total Expenses | $171K |
| Surplus / Deficit | +$9K |
| Total Assets | $581K |
| Total Liabilities | $39K |
| Net Assets | $542K |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 6.7% |
| Months of Reserves | 40.8 months |
Financial Health Grade: A
In 2023, Harbor Country Chamber reported a surplus of $9K with revenue exceeding expenses, holds 40.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Harbor Country Chamber's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.2% | -2.6% | +1.4% |
| 2022 | +4.2% | +34.7% | -3.2% |
| 2021 | -22.5% | -3.6% | +3.3% |
| 2020 | +0.3% | -21.4% | +11.8% |
| 2019 | +2.6% | -5.6% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Harbor Country Chamber has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Harbor Country Chamber with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.7%.
Frequently Asked Questions about Harbor Country Chamber
Is Harbor Country Chamber a legitimate charity?
Based on AI analysis of IRS 990 filings, Harbor Country Chamber (EIN: 382489209) insufficient data. 0 red flags identified, 0 strengths noted.
How does Harbor Country Chamber spend its money?
Detailed spending breakdown data is not yet available for Harbor Country Chamber. Check back for updated IRS 990 analysis.
Are donations to Harbor Country Chamber tax-deductible?
Harbor Country Chamber is registered as a tax-exempt nonprofit (EIN: 382489209). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Harbor Country Chamber located?
Harbor Country Chamber is headquartered in Three Oaks, Michigan and files with the IRS under EIN 382489209.
How many years of IRS 990 filings does Harbor Country Chamber have?
Harbor Country 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 $231K in total revenue.
Filing History
IRS 990 filing history for Harbor Country Chamber showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Harbor Country Chamber's revenue has grown by 48.4%, moving from $121K to $180K. Total assets increased by 177.1% over the same period, from $210K to $581K. Total functional expenses rose by 42.2%, from $120K to $171K. In its most recent filing year (2023), Harbor Country Chamber reported a surplus of $9K, with revenue exceeding expenses. The organization holds $39K in liabilities against $581K in assets (debt-to-asset ratio: 6.7%), resulting in net assets of $542K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $180K | $171K | $581K | $39K | — | — |
| 2022 | $162K | $176K | $573K | $40K | — | View 990 |
| 2021 | $155K | $130K | $592K | $45K | — | View 990 |
| 2020 | $200K | $135K | $573K | $51K | — | View 990 |
| 2019 | $200K | $172K | $513K | $55K | — | View 990 |
| 2018 | $194K | $182K | $498K | $67K | — | View 990 |
| 2017 | $197K | $205K | $485K | $67K | — | View 990 |
| 2016 | $176K | $177K | $523K | $97K | — | View 990 |
| 2015 | $171K | $166K | $505K | $78K | — | View 990 |
| 2014 | $169K | $164K | $512K | $90K | — | View 990 |
| 2013 | $344K | $166K | $525K | $109K | — | View 990 |
| 2012 | $171K | $140K | $252K | $14K | — | View 990 |
| 2011 | $121K | $120K | $210K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $180K, expenses of $171K, and assets of $581K (revenue +11.2% year-over-year).
- 2022: Revenue of $162K, expenses of $176K, and assets of $573K (revenue +4.2% year-over-year).
- 2021: Revenue of $155K, expenses of $130K, and assets of $592K (revenue -22.5% year-over-year).
- 2020: Revenue of $200K, expenses of $135K, and assets of $573K (revenue +0.3% year-over-year).
- 2019: Revenue of $200K, expenses of $172K, and assets of $513K (revenue +2.6% year-over-year).
- 2018: Revenue of $194K, expenses of $182K, and assets of $498K (revenue -1.6% year-over-year).
- 2017: Revenue of $197K, expenses of $205K, and assets of $485K (revenue +12.2% year-over-year).
- 2016: Revenue of $176K, expenses of $177K, and assets of $523K (revenue +2.8% year-over-year).
- 2015: Revenue of $171K, expenses of $166K, and assets of $505K (revenue +1.0% year-over-year).
- 2014: Revenue of $169K, expenses of $164K, and assets of $512K (revenue -50.8% year-over-year).
- 2013: Revenue of $344K, expenses of $166K, and assets of $525K (revenue +101.1% year-over-year).
- 2012: Revenue of $171K, expenses of $140K, and assets of $252K (revenue +41.4% year-over-year).
- 2011: Revenue of $121K, expenses of $120K, and assets of $210K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harbor Country Chamber:
Data Sources and Methodology
This transparency report for Harbor Country 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.