Opelika Chamber Foundation
EIN: 472915098 · Opelika, AL · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $611K |
| Total Expenses | $84K |
| Net Assets | $1.0M |
Is Opelika 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 Opelika Chamber Foundation
Opelika Chamber Foundation (EIN: 472915098) is a nonprofit organization based in Opelika, AL, classified under NTEE code S41. The organization reported total revenue of $611K and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Opelika Chamber Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Opelika Chamber Foundation is a small nonprofit that has been operating for 11 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 54.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $832K |
| Total Expenses | $84K |
| Surplus / Deficit | +$748K |
| Total Assets | $1.0M |
| Total Liabilities | $18K |
| Net Assets | $1.0M |
| Operating Margin | 89.9% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 146.8 months |
Financial Health Grade: A
In 2023, Opelika Chamber Foundation reported a surplus of $748K with revenue exceeding expenses, holds 146.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Opelika Chamber Foundation's revenue has grown at a compound annual growth rate (CAGR) of 54.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.9% | -70.1% | +187.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Opelika 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 Opelika 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 $748K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Opelika Chamber Foundation
Is Opelika Chamber Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Opelika Chamber Foundation (EIN: 472915098) insufficient data. 0 red flags identified, 0 strengths noted.
How does Opelika Chamber Foundation spend its money?
Detailed spending breakdown data is not yet available for Opelika Chamber Foundation. Check back for updated IRS 990 analysis.
Are donations to Opelika Chamber Foundation tax-deductible?
Opelika Chamber Foundation is registered as a tax-exempt nonprofit (EIN: 472915098). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Opelika Chamber Foundation located?
Opelika Chamber Foundation is headquartered in Opelika, Alabama and files with the IRS under EIN 472915098. It is classified under NTEE code S41.
How many years of IRS 990 filings does Opelika Chamber Foundation have?
Opelika Chamber Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $611K in total revenue.
Filing History
IRS 990 filing history for Opelika Chamber Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Opelika Chamber Foundation's revenue has grown by 54.9%, moving from $537K to $832K. Total assets increased by 187.6% over the same period, from $357K to $1.0M. Total functional expenses fell by 70.1%, from $281K to $84K. In its most recent filing year (2023), Opelika Chamber Foundation reported a surplus of $748K, with revenue exceeding expenses. The organization holds $18K in liabilities against $1.0M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $832K | $84K | $1.0M | $18K | — | — |
| 2022 | $537K | $281K | $357K | $96K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Opelika Chamber Foundation:
Data Sources and Methodology
This transparency report for Opelika 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.