Mountain Brook Chamber Of Commerce Inc
EIN: 631209543 · Mountain Brook, AL · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $415K |
| Total Expenses | $351K |
| Net Assets | $838K |
Is Mountain Brook Chamber Of Commerce Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mountain Brook Chamber Of Commerce Inc
Mountain Brook Chamber Of Commerce Inc (EIN: 631209543) is a nonprofit organization based in Mountain Brook, AL, classified under NTEE code S41. The organization reported total revenue of $415K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mountain Brook Chamber Of Commerce Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mountain Brook Chamber Of Commerce Inc is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $356K |
| Total Expenses | $351K |
| Surplus / Deficit | +$4K |
| Total Assets | $990K |
| Total Liabilities | $152K |
| Net Assets | $838K |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 15.3% |
| Months of Reserves | 33.8 months |
Financial Health Grade: A
In 2023, Mountain Brook Chamber Of Commerce Inc reported a surplus of $4K with revenue exceeding expenses, holds 33.8 months of operating reserves (strong position), has a debt-to-asset ratio of 15.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mountain Brook Chamber Of Commerce Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.0% | +11.1% | +2.1% |
| 2022 | +6.3% | +22.0% | +1.5% |
| 2021 | +5.2% | +6.2% | +6.4% |
| 2020 | -11.3% | -2.2% | +6.9% |
| 2019 | +1.3% | +2.8% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mountain Brook Chamber Of Commerce Inc 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 Mountain Brook Chamber Of Commerce Inc 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 $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.3%.
Frequently Asked Questions about Mountain Brook Chamber Of Commerce Inc
Is Mountain Brook Chamber Of Commerce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mountain Brook Chamber Of Commerce Inc (EIN: 631209543) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mountain Brook Chamber Of Commerce Inc spend its money?
Detailed spending breakdown data is not yet available for Mountain Brook Chamber Of Commerce Inc. Check back for updated IRS 990 analysis.
Are donations to Mountain Brook Chamber Of Commerce Inc tax-deductible?
Mountain Brook Chamber Of Commerce Inc is registered as a tax-exempt nonprofit (EIN: 631209543). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mountain Brook Chamber Of Commerce Inc located?
Mountain Brook Chamber Of Commerce Inc is headquartered in Mountain Brook, Alabama and files with the IRS under EIN 631209543. It is classified under NTEE code S41.
How many years of IRS 990 filings does Mountain Brook Chamber Of Commerce Inc have?
Mountain Brook Chamber Of Commerce Inc 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 $415K in total revenue.
Filing History
IRS 990 filing history for Mountain Brook Chamber Of Commerce Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mountain Brook Chamber Of Commerce Inc's revenue has grown by 55.8%, moving from $228K to $356K. Total assets increased by 312.1% over the same period, from $240K to $990K. Total functional expenses rose by 85.7%, from $189K to $351K. In its most recent filing year (2023), Mountain Brook Chamber Of Commerce Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $152K in liabilities against $990K in assets (debt-to-asset ratio: 15.3%), resulting in net assets of $838K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $356K | $351K | $990K | $152K | — | View 990 |
| 2022 | $326K | $316K | $970K | $136K | — | View 990 |
| 2021 | $307K | $259K | $955K | $131K | — | View 990 |
| 2020 | $292K | $244K | $898K | $122K | — | — |
| 2019 | $329K | $250K | $840K | $112K | — | View 990 |
| 2018 | $325K | $243K | $755K | $106K | — | View 990 |
| 2017 | $329K | $266K | $664K | $97K | — | View 990 |
| 2016 | $278K | $236K | $592K | $87K | — | View 990 |
| 2015 | $275K | $223K | $545K | $83K | — | View 990 |
| 2014 | $298K | $222K | $483K | $74K | — | View 990 |
| 2013 | $309K | $240K | $402K | $69K | — | View 990 |
| 2012 | $285K | $201K | $348K | $83K | — | View 990 |
| 2011 | $228K | $189K | $240K | $59K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $356K, expenses of $351K, and assets of $990K (revenue +9.0% year-over-year).
- 2022: Revenue of $326K, expenses of $316K, and assets of $970K (revenue +6.3% year-over-year).
- 2021: Revenue of $307K, expenses of $259K, and assets of $955K (revenue +5.2% year-over-year).
- 2020: Revenue of $292K, expenses of $244K, and assets of $898K (revenue -11.3% year-over-year).
- 2019: Revenue of $329K, expenses of $250K, and assets of $840K (revenue +1.3% year-over-year).
- 2018: Revenue of $325K, expenses of $243K, and assets of $755K (revenue -1.2% year-over-year).
- 2017: Revenue of $329K, expenses of $266K, and assets of $664K (revenue +18.2% year-over-year).
- 2016: Revenue of $278K, expenses of $236K, and assets of $592K (revenue +1.0% year-over-year).
- 2015: Revenue of $275K, expenses of $223K, and assets of $545K (revenue -7.5% year-over-year).
- 2014: Revenue of $298K, expenses of $222K, and assets of $483K (revenue -3.6% year-over-year).
- 2013: Revenue of $309K, expenses of $240K, and assets of $402K (revenue +8.4% year-over-year).
- 2012: Revenue of $285K, expenses of $201K, and assets of $348K (revenue +24.8% year-over-year).
- 2011: Revenue of $228K, expenses of $189K, and assets of $240K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mountain Brook Chamber Of Commerce Inc:
Data Sources and Methodology
This transparency report for Mountain Brook Chamber Of Commerce Inc 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.