Marlborough Regional Chamber Of Commerce Incorporated
EIN: 42349840 · Marlborough, MA
Is Marlborough Regional Chamber Of Commerce Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marlborough Regional Chamber Of Commerce Incorporated
Marlborough Regional Chamber Of Commerce Incorporated (EIN: 42349840) is a nonprofit organization based in Marlborough, MA. The organization reported total revenue of $267K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marlborough Regional Chamber Of Commerce Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marlborough Regional Chamber Of Commerce Incorporated is a small nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $231K |
| Total Expenses | $271K |
| Surplus / Deficit | $-40,411 |
| Total Assets | $106K |
| Total Liabilities | $61K |
| Net Assets | $45K |
| Operating Margin | -17.5% |
| Debt-to-Asset Ratio | 57.1% |
| Months of Reserves | 4.7 months |
Financial Health Grade: C
In 2023, Marlborough Regional Chamber Of Commerce Incorporated reported a deficit of $40K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 57.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Marlborough Regional Chamber Of Commerce Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.1% | -5.7% | -17.8% |
| 2022 | -20.3% | +4.7% | -14.7% |
| 2021 | +45.9% | +10.3% | +82.6% |
| 2020 | -7.2% | +10.4% | -4.3% |
| 2019 | -21.9% | -19.6% | +31.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marlborough Regional Chamber Of Commerce Incorporated 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 Marlborough Regional Chamber Of Commerce Incorporated 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 $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 57.1%.
Frequently Asked Questions about Marlborough Regional Chamber Of Commerce Incorporated
Is Marlborough Regional Chamber Of Commerce Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Marlborough Regional Chamber Of Commerce Incorporated (EIN: 42349840) insufficient data. 0 red flags identified, 0 strengths noted.
How does Marlborough Regional Chamber Of Commerce Incorporated spend its money?
Detailed spending breakdown data is not yet available for Marlborough Regional Chamber Of Commerce Incorporated. Check back for updated IRS 990 analysis.
Are donations to Marlborough Regional Chamber Of Commerce Incorporated tax-deductible?
Marlborough Regional Chamber Of Commerce Incorporated is registered as a tax-exempt nonprofit (EIN: 42349840). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Marlborough Regional Chamber Of Commerce Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marlborough Regional Chamber Of Commerce Incorporated's revenue has declined by 18.3%, moving from $282K to $231K. Total assets increased by 38% over the same period, from $77K to $106K. Total functional expenses fell by 4%, from $282K to $271K. In its most recent filing year (2023), Marlborough Regional Chamber Of Commerce Incorporated reported a deficit of $40K, with expenses exceeding revenue. The organization holds $61K in liabilities against $106K in assets (debt-to-asset ratio: 57.1%), resulting in net assets of $45K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $231K | $271K | $106K | $61K | — | — |
| 2022 | $269K | $288K | $129K | $43K | — | View 990 |
| 2021 | $337K | $275K | $151K | $46K | — | View 990 |
| 2020 | $231K | $249K | $83K | $40K | — | — |
| 2019 | $249K | $226K | $87K | $117K | — | View 990 |
| 2018 | $319K | $281K | $66K | $120K | — | View 990 |
| 2017 | $317K | $293K | $51K | $143K | — | View 990 |
| 2016 | $297K | $308K | $55K | $171K | — | View 990 |
| 2015 | $296K | $315K | $69K | $173K | — | View 990 |
| 2014 | $305K | $306K | $77K | $162K | — | View 990 |
| 2013 | $290K | $282K | $73K | $158K | — | View 990 |
| 2012 | $279K | $283K | $69K | $162K | — | View 990 |
| 2011 | $282K | $282K | $77K | $166K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $231K, expenses of $271K, and assets of $106K (revenue -14.1% year-over-year).
- 2022: Revenue of $269K, expenses of $288K, and assets of $129K (revenue -20.3% year-over-year).
- 2021: Revenue of $337K, expenses of $275K, and assets of $151K (revenue +45.9% year-over-year).
- 2020: Revenue of $231K, expenses of $249K, and assets of $83K (revenue -7.2% year-over-year).
- 2019: Revenue of $249K, expenses of $226K, and assets of $87K (revenue -21.9% year-over-year).
- 2018: Revenue of $319K, expenses of $281K, and assets of $66K (revenue +0.6% year-over-year).
- 2017: Revenue of $317K, expenses of $293K, and assets of $51K (revenue +6.7% year-over-year).
- 2016: Revenue of $297K, expenses of $308K, and assets of $55K (revenue +0.2% year-over-year).
- 2015: Revenue of $296K, expenses of $315K, and assets of $69K (revenue -3.0% year-over-year).
- 2014: Revenue of $305K, expenses of $306K, and assets of $77K (revenue +5.1% year-over-year).
- 2013: Revenue of $290K, expenses of $282K, and assets of $73K (revenue +3.9% year-over-year).
- 2012: Revenue of $279K, expenses of $283K, and assets of $69K (revenue -1.1% year-over-year).
- 2011: Revenue of $282K, expenses of $282K, and assets of $77K.
Data Sources and Methodology
This transparency report for Marlborough Regional Chamber Of Commerce Incorporated 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.