New Orleans Chamber Of Commerce
New Orleans Chamber Of Commerce maintains stable finances with consistent revenue and expenses, reporting no officer compensation.
EIN: 200553845 · New Orleans, LA · NTEE: S40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $963K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $355K |
| Transparency Score | 75/100 |
Is New Orleans Chamber Of Commerce Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Orleans Chamber Of Commerce directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New Orleans Chamber Of Commerce
New Orleans Chamber Of Commerce (EIN: 200553845) is a nonprofit organization based in New Orleans, LA, classified under NTEE code S40. The organization reported total revenue of $1.4M and total assets of $668K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Orleans Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Orleans Chamber Of Commerce is a mid-size nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $963K |
| Surplus / Deficit | +$50K |
| Total Assets | $811K |
| Total Liabilities | $456K |
| Net Assets | $355K |
| Operating Margin | 4.9% |
| Debt-to-Asset Ratio | 56.2% |
| Months of Reserves | 10.1 months |
Financial Health Grade: A
In 2023, New Orleans Chamber Of Commerce reported a surplus of $50K with revenue exceeding expenses, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 56.2% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), New Orleans Chamber Of Commerce's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.4% | -22.8% | +34.3% |
| 2022 | +48.3% | +42.4% | -4.7% |
| 2021 | -27.4% | -19.5% | +17.7% |
| 2020 | -6.6% | -12.5% | +17.8% |
| 2019 | +8.5% | +4.8% | +18.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Orleans Chamber Of Commerce with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, New Orleans Chamber Of Commerce allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all nine filings, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which is unusual for an organization with over $1 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New Orleans Chamber Of Commerce's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in summary data, hindering efficiency analysis.
- Consistent 0% officer compensation, which, while potentially positive, warrants further investigation to understand leadership compensation structure for an organization of this size.
Strengths
The following positive indicators were identified for New Orleans Chamber Of Commerce:
- Consistent financial stability with revenues generally exceeding expenses over nine years.
- Healthy asset growth, increasing from $226,063 in 2015 to $810,721 in 2023.
- Strong transparency through consistent IRS 990 filing history.
- Manageable liabilities relative to assets, indicating sound financial management.
Frequently Asked Questions about New Orleans Chamber Of Commerce
Is New Orleans Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, New Orleans Chamber Of Commerce (EIN: 200553845) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does New Orleans Chamber Of Commerce spend its money?
New Orleans Chamber Of Commerce directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Orleans Chamber Of Commerce tax-deductible?
New Orleans Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 200553845). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Orleans Chamber Of Commerce CEO make?
New Orleans Chamber Of Commerce's highest-compensated officer earns $1 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Orleans Chamber Of Commerce's spending goes to programs?
New Orleans Chamber Of Commerce directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does New Orleans Chamber Of Commerce compare to similar nonprofits?
With a transparency score of 75/100 (Good), New Orleans Chamber Of Commerce is above average for NTEE category S40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Orleans Chamber Of Commerce located?
New Orleans Chamber Of Commerce is headquartered in New Orleans, Louisiana and files with the IRS under EIN 200553845. It is classified under NTEE code S40.
How many years of IRS 990 filings does New Orleans Chamber Of Commerce have?
New Orleans Chamber Of Commerce has 9 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 $1.4M in total revenue.
How does the New Orleans Chamber Of Commerce allocate its expenses between program services, administration, and fundraising?
The provided data does not offer a detailed breakdown of expenses. While total expenses are reported, the specific allocation to programs, administration, and fundraising is not available, making it difficult to precisely assess spending efficiency.
What is the reason for 0% officer compensation reported across all filings?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation for key personnel is categorized differently within the IRS 990, such as under general salaries and wages, rather than specifically as officer compensation.
How does the organization's asset growth compare to its revenue growth over the past decade?
The organization has shown consistent asset growth, from $226,063 in 2015 to $810,721 in 2023, while revenue has fluctuated but remained generally stable around $1-1.3 million annually. This indicates a healthy, albeit modest, accumulation of reserves relative to its operational scale.
Filing History
IRS 990 filing history for New Orleans Chamber Of Commerce showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), New Orleans Chamber Of Commerce's revenue has grown by 17.2%, moving from $864K to $1.0M. Total assets increased by 258.6% over the same period, from $226K to $811K. Total functional expenses rose by 13.1%, from $852K to $963K. In its most recent filing year (2023), New Orleans Chamber Of Commerce reported a surplus of $50K, with revenue exceeding expenses. The organization holds $456K in liabilities against $811K in assets (debt-to-asset ratio: 56.2%), resulting in net assets of $355K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $963K | $811K | $456K | — | View 990 |
| 2022 | $1.3M | $1.2M | $604K | $298K | — | View 990 |
| 2021 | $880K | $877K | $634K | $386K | — | View 990 |
| 2020 | $1.2M | $1.1M | $538K | $294K | — | View 990 |
| 2019 | $1.3M | $1.2M | $457K | $336K | — | — |
| 2018 | $1.2M | $1.2M | $385K | $318K | — | View 990 |
| 2017 | $1.3M | $1.2M | $458K | $400K | — | View 990 |
| 2016 | $1.1M | $1.1M | $339K | $419K | — | View 990 |
| 2015 | $864K | $852K | $226K | $312K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $963K, and assets of $811K (revenue -22.4% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $604K (revenue +48.3% year-over-year).
- 2021: Revenue of $880K, expenses of $877K, and assets of $634K (revenue -27.4% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $538K (revenue -6.6% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $457K (revenue +8.5% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $385K (revenue -8.1% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $458K (revenue +17.2% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $339K (revenue +28.5% year-over-year).
- 2015: Revenue of $864K, expenses of $852K, and assets of $226K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Orleans Chamber Of Commerce:
Data Sources and Methodology
This transparency report for New Orleans Chamber Of Commerce 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.