Michigan State Chamber Foundation
EIN: 382647323 · Lansing, MI · NTEE: A33Z
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $753K |
| Net Assets | $120K |
Is Michigan State Chamber Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Michigan State Chamber Foundation
Michigan State Chamber Foundation (EIN: 382647323) is a nonprofit organization based in Lansing, MI, classified under NTEE code A33Z. The organization reported total revenue of $1.1M and total assets of $370K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michigan State Chamber Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michigan State Chamber Foundation is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $781K |
| Total Expenses | $753K |
| Surplus / Deficit | +$28K |
| Total Assets | $217K |
| Total Liabilities | $97K |
| Net Assets | $120K |
| Operating Margin | 3.6% |
| Debt-to-Asset Ratio | 44.6% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2023, Michigan State Chamber Foundation reported a surplus of $28K with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 44.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Michigan State Chamber Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.4% | +85.0% | +4.1% |
| 2022 | +115.0% | +10.4% | +78.7% |
| 2021 | -36.6% | +51.2% | -44.2% |
| 2020 | +301.8% | +250.7% | +484.0% |
| 2019 | -3.7% | -26.3% | +474.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Michigan State Chamber Foundation 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 Michigan State Chamber Foundation 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 $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.6%.
Frequently Asked Questions about Michigan State Chamber Foundation
Is Michigan State Chamber Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Michigan State Chamber Foundation (EIN: 382647323) insufficient data. 0 red flags identified, 0 strengths noted.
How does Michigan State Chamber Foundation spend its money?
Detailed spending breakdown data is not yet available for Michigan State Chamber Foundation. Check back for updated IRS 990 analysis.
Are donations to Michigan State Chamber Foundation tax-deductible?
Michigan State Chamber Foundation is registered as a tax-exempt nonprofit (EIN: 382647323). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michigan State Chamber Foundation located?
Michigan State Chamber Foundation is headquartered in Lansing, Michigan and files with the IRS under EIN 382647323. It is classified under NTEE code A33Z.
How many years of IRS 990 filings does Michigan State Chamber Foundation have?
Michigan State Chamber Foundation 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Michigan State Chamber Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Michigan State Chamber Foundation's revenue has grown by 70.3%, moving from $459K to $781K. Total assets decreased by 53.9% over the same period, from $469K to $217K. Total functional expenses rose by 68.4%, from $447K to $753K. In its most recent filing year (2023), Michigan State Chamber Foundation reported a surplus of $28K, with revenue exceeding expenses. The organization holds $97K in liabilities against $217K in assets (debt-to-asset ratio: 44.6%), resulting in net assets of $120K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $781K | $753K | $217K | $97K | — | View 990 |
| 2022 | $548K | $407K | $208K | $49K | — | View 990 |
| 2021 | $255K | $369K | $116K | $22K | — | View 990 |
| 2020 | $402K | $244K | $208K | $14K | — | View 990 |
| 2019 | $100K | $69K | $36K | $7 | — | View 990 |
| 2018 | $104K | $94K | $6K | $1K | — | View 990 |
| 2017 | $44K | $97K | $18K | $22K | — | View 990 |
| 2016 | $96K | $210K | $63K | $15K | — | View 990 |
| 2015 | $198K | $292K | $182K | $20K | — | View 990 |
| 2014 | $211K | $230K | $256K | $12K | — | View 990 |
| 2013 | $355K | $360K | $291K | $28K | — | View 990 |
| 2012 | $377K | $495K | $334K | $66K | — | View 990 |
| 2011 | $459K | $447K | $469K | $83K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $781K, expenses of $753K, and assets of $217K (revenue +42.4% year-over-year).
- 2022: Revenue of $548K, expenses of $407K, and assets of $208K (revenue +115.0% year-over-year).
- 2021: Revenue of $255K, expenses of $369K, and assets of $116K (revenue -36.6% year-over-year).
- 2020: Revenue of $402K, expenses of $244K, and assets of $208K (revenue +301.8% year-over-year).
- 2019: Revenue of $100K, expenses of $69K, and assets of $36K (revenue -3.7% year-over-year).
- 2018: Revenue of $104K, expenses of $94K, and assets of $6K (revenue +134.6% year-over-year).
- 2017: Revenue of $44K, expenses of $97K, and assets of $18K (revenue -53.7% year-over-year).
- 2016: Revenue of $96K, expenses of $210K, and assets of $63K (revenue -51.6% year-over-year).
- 2015: Revenue of $198K, expenses of $292K, and assets of $182K (revenue -6.1% year-over-year).
- 2014: Revenue of $211K, expenses of $230K, and assets of $256K (revenue -40.7% year-over-year).
- 2013: Revenue of $355K, expenses of $360K, and assets of $291K (revenue -5.8% year-over-year).
- 2012: Revenue of $377K, expenses of $495K, and assets of $334K (revenue -17.8% year-over-year).
- 2011: Revenue of $459K, expenses of $447K, and assets of $469K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michigan State Chamber Foundation:
Data Sources and Methodology
This transparency report for Michigan State Chamber Foundation 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.