Muskegon Area Chamber Of Commerce Foundation
EIN: 383634571 · Muskegon, MI · NTEE: C50
Is Muskegon Area Chamber Of Commerce Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Muskegon Area Chamber Of Commerce Foundation
Muskegon Area Chamber Of Commerce Foundation (EIN: 383634571) is a nonprofit organization based in Muskegon, MI, classified under NTEE code C50. The organization reported total revenue of $424K and total assets of $712K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Muskegon Area Chamber Of Commerce Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Muskegon Area Chamber Of Commerce 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 Muskegon Area Chamber Of Commerce 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.
Frequently Asked Questions about Muskegon Area Chamber Of Commerce Foundation
Is Muskegon Area Chamber Of Commerce Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Muskegon Area Chamber Of Commerce Foundation (EIN: 383634571) insufficient data. 0 red flags identified, 0 strengths noted.
How does Muskegon Area Chamber Of Commerce Foundation spend its money?
Detailed spending breakdown data is not yet available for Muskegon Area Chamber Of Commerce Foundation. Check back for updated IRS 990 analysis.
Are donations to Muskegon Area Chamber Of Commerce Foundation tax-deductible?
Muskegon Area Chamber Of Commerce Foundation is registered as a tax-exempt nonprofit (EIN: 383634571). 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 Muskegon Area Chamber Of Commerce Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Muskegon Area Chamber Of Commerce Foundation's revenue has grown by 138.4%, moving from $178K to $425K. Total assets decreased by 34.2% over the same period, from $1.2M to $785K. Total functional expenses rose by 238.3%, from $129K to $436K. In its most recent filing year (2023), Muskegon Area Chamber Of Commerce Foundation reported a deficit of $10K, with expenses exceeding revenue. The organization holds $391K in liabilities against $785K in assets (debt-to-asset ratio: 49.9%), resulting in net assets of $393K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $425K | $436K | $785K | $391K | — | View 990 |
| 2022 | $179K | $227K | $909K | $506K | — | View 990 |
| 2021 | $304K | $360K | $1.1M | $590K | — | View 990 |
| 2020 | $426K | $340K | $1.0M | $509K | — | — |
| 2019 | $320K | $260K | $1.0M | $576K | — | View 990 |
| 2018 | $190K | $218K | $1.0M | $631K | — | View 990 |
| 2017 | $184K | $227K | $1.1M | $656K | — | View 990 |
| 2016 | $271K | $235K | $1.1M | $682K | — | View 990 |
| 2015 | $219K | $140K | $1.1M | $721K | — | View 990 |
| 2014 | $99K | $108K | $1.1M | $734K | — | View 990 |
| 2013 | $42K | $67K | $1.1M | $749K | — | View 990 |
| 2012 | $71K | $92K | $1.1M | $754K | — | View 990 |
| 2011 | $92K | $92K | $1.2M | $774K | — | View 990 |
| 2010 | $178K | $129K | $1.2M | $798K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $425K, expenses of $436K, and assets of $785K (revenue +137.0% year-over-year).
- 2022: Revenue of $179K, expenses of $227K, and assets of $909K (revenue -41.0% year-over-year).
- 2021: Revenue of $304K, expenses of $360K, and assets of $1.1M (revenue -28.6% year-over-year).
- 2020: Revenue of $426K, expenses of $340K, and assets of $1.0M (revenue +33.0% year-over-year).
- 2019: Revenue of $320K, expenses of $260K, and assets of $1.0M (revenue +68.1% year-over-year).
- 2018: Revenue of $190K, expenses of $218K, and assets of $1.0M (revenue +3.2% year-over-year).
- 2017: Revenue of $184K, expenses of $227K, and assets of $1.1M (revenue -31.9% year-over-year).
- 2016: Revenue of $271K, expenses of $235K, and assets of $1.1M (revenue +23.5% year-over-year).
- 2015: Revenue of $219K, expenses of $140K, and assets of $1.1M (revenue +120.4% year-over-year).
- 2014: Revenue of $99K, expenses of $108K, and assets of $1.1M (revenue +134.9% year-over-year).
- 2013: Revenue of $42K, expenses of $67K, and assets of $1.1M (revenue -40.1% year-over-year).
- 2012: Revenue of $71K, expenses of $92K, and assets of $1.1M (revenue -23.0% year-over-year).
- 2011: Revenue of $92K, expenses of $92K, and assets of $1.2M (revenue -48.6% year-over-year).
- 2010: Revenue of $178K, expenses of $129K, and assets of $1.2M.
Data Sources and Methodology
This transparency report for Muskegon Area Chamber Of Commerce 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.