Lynnwood Chamber
EIN: 452902068 · Lynnwood, WA · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $179K |
| Total Expenses | $105K |
| Net Assets | $-19,764 |
Is Lynnwood Chamber Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lynnwood Chamber
Lynnwood Chamber (EIN: 452902068) is a nonprofit organization based in Lynnwood, WA, classified under NTEE code S41. The organization reported total revenue of $179K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lynnwood Chamber's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lynnwood Chamber is a small nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $100K |
| Total Expenses | $105K |
| Surplus / Deficit | $-5,004 |
| Total Assets | $13K |
| Total Liabilities | $33K |
| Net Assets | $-19,764 |
| Operating Margin | -5.0% |
| Debt-to-Asset Ratio | 249.3% |
| Months of Reserves | 1.5 months |
Financial Health Grade: D
In 2023, Lynnwood Chamber reported a deficit of $5K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 249.3% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lynnwood 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 Lynnwood 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 deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 249.3%.
Frequently Asked Questions about Lynnwood Chamber
Is Lynnwood Chamber a legitimate charity?
Lynnwood Chamber (EIN: 452902068) is a registered tax-exempt nonprofit based in Washington. Total revenue: $179K. No red flags identified. Financial health grade: D.
How does Lynnwood Chamber spend its money?
Lynnwood Chamber reported $179K in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lynnwood Chamber tax-deductible?
Lynnwood Chamber is registered as a tax-exempt nonprofit (EIN: 452902068). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lynnwood Chamber located?
Lynnwood Chamber is headquartered in Lynnwood, Washington and files with the IRS under EIN 452902068. It is classified under NTEE code S41.
Filing History
IRS 990 filing history for Lynnwood Chamber showing financial trends over 1 year of public records:
In its most recent filing year (2023), Lynnwood Chamber reported a deficit of $5K, with expenses exceeding revenue. The organization holds $33K in liabilities against $13K in assets (debt-to-asset ratio: 249.3%), resulting in net assets of $-19,764.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $100K | $105K | $13K | $33K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lynnwood Chamber:
Data Sources and Methodology
This transparency report for Lynnwood 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.