Harrisonburg Rockingham Chamber Of Commerce
EIN: 540241485 · Harrisonburg, VA
| Metric | Value |
|---|---|
| Total Expenses | $526K |
| Net Assets | $340K |
Is Harrisonburg Rockingham Chamber Of Commerce Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Harrisonburg Rockingham Chamber Of Commerce
Harrisonburg Rockingham Chamber Of Commerce (EIN: 540241485) is a nonprofit organization based in Harrisonburg, VA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harrisonburg Rockingham Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harrisonburg Rockingham Chamber Of Commerce is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $517K |
| Total Expenses | $526K |
| Surplus / Deficit | $-9,392 |
| Total Assets | $359K |
| Total Liabilities | $19K |
| Net Assets | $340K |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 5.3% |
| Months of Reserves | 8.2 months |
Financial Health Grade: B
In 2014, Harrisonburg Rockingham Chamber Of Commerce reported a deficit of $9K with expenses exceeding revenue, holds 8.2 months of operating reserves (strong position), has a debt-to-asset ratio of 5.3% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Harrisonburg Rockingham Chamber Of Commerce's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -4.1% | +2.9% | -1.4% |
| 2013 | +3.5% | -0.7% | +6.8% |
| 2012 | +5.8% | +1.9% | -3.3% |
AI Analysis Pending
AI enrichment for Harrisonburg Rockingham Chamber Of Commerce 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 Harrisonburg Rockingham Chamber Of Commerce 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.3%.
Frequently Asked Questions about Harrisonburg Rockingham Chamber Of Commerce
Is Harrisonburg Rockingham Chamber Of Commerce a legitimate charity?
Harrisonburg Rockingham Chamber Of Commerce (EIN: 540241485) is a registered tax-exempt nonprofit based in Virginia. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Harrisonburg Rockingham Chamber Of Commerce spend its money?
Harrisonburg Rockingham Chamber Of Commerce reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Harrisonburg Rockingham Chamber Of Commerce tax-deductible?
Harrisonburg Rockingham Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 540241485). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Harrisonburg Rockingham Chamber Of Commerce located?
Harrisonburg Rockingham Chamber Of Commerce is headquartered in Harrisonburg, Virginia and files with the IRS under EIN 540241485.
How many years of IRS 990 filings does Harrisonburg Rockingham Chamber Of Commerce have?
Harrisonburg Rockingham Chamber Of Commerce has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Harrisonburg Rockingham Chamber Of Commerce showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Harrisonburg Rockingham Chamber Of Commerce's revenue has grown by 5%, moving from $492K to $517K. Total assets increased by 1.8% over the same period, from $353K to $359K. Total functional expenses rose by 4.1%, from $506K to $526K. In its most recent filing year (2014), Harrisonburg Rockingham Chamber Of Commerce reported a deficit of $9K, with expenses exceeding revenue. The organization holds $19K in liabilities against $359K in assets (debt-to-asset ratio: 5.3%), resulting in net assets of $340K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $517K | $526K | $359K | $19K | — | View 990 |
| 2013 | $539K | $512K | $364K | $15K | — | View 990 |
| 2012 | $521K | $515K | $341K | $20K | — | View 990 |
| 2011 | $492K | $506K | $353K | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $517K, expenses of $526K, and assets of $359K (revenue -4.1% year-over-year).
- 2013: Revenue of $539K, expenses of $512K, and assets of $364K (revenue +3.5% year-over-year).
- 2012: Revenue of $521K, expenses of $515K, and assets of $341K (revenue +5.8% year-over-year).
- 2011: Revenue of $492K, expenses of $506K, and assets of $353K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harrisonburg Rockingham Chamber Of Commerce:
Data Sources and Methodology
This transparency report for Harrisonburg Rockingham 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.