Northbrook Chamber Of Commerce & Industry
EIN: 362666655 · Northbrook, IL
| Metric | Value |
|---|---|
| Total Revenue | $635K |
| Total Expenses | $383K |
| Net Assets | $615K |
Is Northbrook Chamber Of Commerce & Industry Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northbrook Chamber Of Commerce & Industry
Northbrook Chamber Of Commerce & Industry (EIN: 362666655) is a nonprofit organization based in Northbrook, IL. The organization reported total revenue of $635K and total assets of $903K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northbrook Chamber Of Commerce & Industry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northbrook Chamber Of Commerce & Industry is a small nonprofit, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $531K |
| Total Expenses | $383K |
| Surplus / Deficit | +$148K |
| Total Assets | $664K |
| Total Liabilities | $49K |
| Net Assets | $615K |
| Operating Margin | 27.8% |
| Debt-to-Asset Ratio | 7.3% |
| Months of Reserves | 20.8 months |
Financial Health Grade: A
In 2023, Northbrook Chamber Of Commerce & Industry reported a surplus of $148K with revenue exceeding expenses, holds 20.8 months of operating reserves (strong position), has a debt-to-asset ratio of 7.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Northbrook Chamber Of Commerce & Industry's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.6% | -14.5% | +18.7% |
| 2022 | -1.2% | +3.7% | -11.9% |
| 2021 | +20.2% | +5.8% | +18.9% |
| 2020 | -30.7% | -23.6% | -10.8% |
| 2019 | +3.7% | +5.7% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northbrook Chamber Of Commerce & Industry 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 Northbrook Chamber Of Commerce & Industry 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 $148K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.3%.
Frequently Asked Questions about Northbrook Chamber Of Commerce & Industry
Is Northbrook Chamber Of Commerce & Industry a legitimate charity?
Northbrook Chamber Of Commerce & Industry (EIN: 362666655) is a registered tax-exempt nonprofit based in Illinois. It has 14 years of IRS 990 filings on record. Total revenue: $635K. No red flags identified. Financial health grade: A.
How does Northbrook Chamber Of Commerce & Industry spend its money?
Northbrook Chamber Of Commerce & Industry reported $635K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Northbrook Chamber Of Commerce & Industry tax-deductible?
Northbrook Chamber Of Commerce & Industry is registered as a tax-exempt nonprofit (EIN: 362666655). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northbrook Chamber Of Commerce & Industry located?
Northbrook Chamber Of Commerce & Industry is headquartered in Northbrook, Illinois and files with the IRS under EIN 362666655.
How many years of IRS 990 filings does Northbrook Chamber Of Commerce & Industry have?
Northbrook Chamber Of Commerce & Industry has 14 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 $635K in total revenue.
Filing History
IRS 990 filing history for Northbrook Chamber Of Commerce & Industry showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Northbrook Chamber Of Commerce & Industry's revenue has grown by 34.2%, moving from $395K to $531K. Total assets increased by 51.3% over the same period, from $439K to $664K. Total functional expenses fell by 0.7%, from $386K to $383K. In its most recent filing year (2023), Northbrook Chamber Of Commerce & Industry reported a surplus of $148K, with revenue exceeding expenses. The organization holds $49K in liabilities against $664K in assets (debt-to-asset ratio: 7.3%), resulting in net assets of $615K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $531K | $383K | $664K | $49K | — | — |
| 2022 | $455K | $448K | $559K | $92K | — | — |
| 2021 | $461K | $432K | $635K | $175K | — | View 990 |
| 2020 | $383K | $408K | $534K | $102K | — | — |
| 2019 | $553K | $535K | $598K | $141K | — | View 990 |
| 2018 | $533K | $506K | $573K | $135K | — | View 990 |
| 2017 | $498K | $471K | $550K | $139K | — | View 990 |
| 2016 | $488K | $474K | $524K | $140K | — | View 990 |
| 2015 | $475K | $445K | $491K | $121K | — | View 990 |
| 2014 | $448K | $454K | $464K | $124K | — | View 990 |
| 2013 | $442K | $430K | $474K | $129K | — | View 990 |
| 2012 | $415K | $426K | $453K | $120K | — | View 990 |
| 2011 | $415K | $400K | $458K | $115K | — | View 990 |
| 2010 | $395K | $386K | $439K | $111K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $531K, expenses of $383K, and assets of $664K (revenue +16.6% year-over-year).
- 2022: Revenue of $455K, expenses of $448K, and assets of $559K (revenue -1.2% year-over-year).
- 2021: Revenue of $461K, expenses of $432K, and assets of $635K (revenue +20.2% year-over-year).
- 2020: Revenue of $383K, expenses of $408K, and assets of $534K (revenue -30.7% year-over-year).
- 2019: Revenue of $553K, expenses of $535K, and assets of $598K (revenue +3.7% year-over-year).
- 2018: Revenue of $533K, expenses of $506K, and assets of $573K (revenue +7.2% year-over-year).
- 2017: Revenue of $498K, expenses of $471K, and assets of $550K (revenue +2.1% year-over-year).
- 2016: Revenue of $488K, expenses of $474K, and assets of $524K (revenue +2.6% year-over-year).
- 2015: Revenue of $475K, expenses of $445K, and assets of $491K (revenue +6.0% year-over-year).
- 2014: Revenue of $448K, expenses of $454K, and assets of $464K (revenue +1.3% year-over-year).
- 2013: Revenue of $442K, expenses of $430K, and assets of $474K (revenue +6.5% year-over-year).
- 2012: Revenue of $415K, expenses of $426K, and assets of $453K (revenue +0.0% year-over-year).
- 2011: Revenue of $415K, expenses of $400K, and assets of $458K (revenue +5.0% year-over-year).
- 2010: Revenue of $395K, expenses of $386K, and assets of $439K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northbrook Chamber Of Commerce & Industry:
Data Sources and Methodology
This transparency report for Northbrook Chamber Of Commerce & Industry 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.