Prescott Chamber Of Commercefoundation
Prescott Chamber Of Commercefoundation shows consistent asset growth and zero officer compensation, with recent financial surpluses.
EIN: 204235039 · Prescott, AZ · NTEE: S12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $482K |
| Total Expenses | $257K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $305,521, |
| Net Assets | $415K |
| Transparency Score | 85/100 |
Is Prescott Chamber Of Commercefoundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Prescott Chamber Of Commercefoundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Prescott Chamber Of Commercefoundation
Prescott Chamber Of Commercefoundation (EIN: 204235039) is a nonprofit organization based in Prescott, AZ, classified under NTEE code S12. The organization reported total revenue of $482K and total assets of $694K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prescott Chamber Of Commercefoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prescott Chamber Of Commercefoundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $306K |
| Total Expenses | $257K |
| Surplus / Deficit | +$49K |
| Total Assets | $455K |
| Total Liabilities | $40K |
| Net Assets | $415K |
| Operating Margin | 15.9% |
| Debt-to-Asset Ratio | 8.9% |
| Months of Reserves | 21.3 months |
Financial Health Grade: A
In 2023, Prescott Chamber Of Commercefoundation reported a surplus of $49K with revenue exceeding expenses, holds 21.3 months of operating reserves (strong position), has a debt-to-asset ratio of 8.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Prescott Chamber Of Commercefoundation's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.8% | -31.0% | +7.3% |
| 2022 | -42.4% | +53.2% | -18.3% |
| 2021 | +253.3% | +60.9% | +111.9% |
| 2020 | +3.6% | +49.1% | +35.9% |
| 2019 | +74.3% | +11.1% | +109.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Prescott Chamber Of Commercefoundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Prescott Chamber Of Commercefoundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $49K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.9%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a strong positive for an organization of its size, with latest revenue of $305,521, as it suggests a high dedication to mission-focused spending.
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.
Strengths
The following positive indicators were identified for Prescott Chamber Of Commercefoundation:
- Consistent 0% officer compensation across all filings, indicating strong dedication to mission.
- Significant growth in assets from $55,657 in 201612 to $455,233 in 202312.
- Positive financial performance in the latest period (202312) with revenues exceeding expenses ($305,521 vs $256,810).
- Effective management of liabilities, showing a decrease from $102,242 in 202112 to $40,452 in 202312.
- Long-term upward trend in revenue, demonstrating increasing capacity and support.
Frequently Asked Questions about Prescott Chamber Of Commercefoundation
Is Prescott Chamber Of Commercefoundation a legitimate charity?
Prescott Chamber Of Commercefoundation (EIN: 204235039) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $482K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Prescott Chamber Of Commercefoundation spend its money?
Prescott Chamber Of Commercefoundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Prescott Chamber Of Commercefoundation tax-deductible?
Prescott Chamber Of Commercefoundation is registered as a tax-exempt nonprofit (EIN: 204235039). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Prescott Chamber Of Commercefoundation CEO make?
Prescott Chamber Of Commercefoundation's highest-compensated officer earns $305,521, annually. The organization reported $482K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Prescott Chamber Of Commercefoundation's spending goes to programs?
Prescott Chamber Of Commercefoundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Prescott Chamber Of Commercefoundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Prescott Chamber Of Commercefoundation is above average for NTEE category S12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Prescott Chamber Of Commercefoundation located?
Prescott Chamber Of Commercefoundation is headquartered in Prescott, Arizona and files with the IRS under EIN 204235039. It is classified under NTEE code S12.
How many years of IRS 990 filings does Prescott Chamber Of Commercefoundation have?
Prescott Chamber Of Commercefoundation 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 $482K in total revenue.
Is Prescott Chamber Of Commercefoundation financially stable?
Yes, the organization appears financially stable. Its assets have grown significantly from $55,657 in 201612 to $455,233 in 202312, and it reported a surplus in its latest filing (202312) with revenues of $305,521 exceeding expenses of $256,810.
How does Prescott Chamber Of Commercefoundation manage executive compensation?
The organization reports 0% officer compensation across all available filings, indicating that its leadership is not compensated through salaries, which is a strong positive for resource allocation.
Has the organization's revenue been consistent?
Revenue has fluctuated, with a peak of $557,333 in 202112 and a low of $48,648 in 201412. However, there's a general upward trend over the long term, with the latest revenue at $305,521.
What is the trend in the organization's liabilities?
Liabilities have shown fluctuations but have recently decreased from $102,242 in 202112 to $40,452 in 202312, indicating improved financial management of its obligations.
Filing History
IRS 990 filing history for Prescott Chamber Of Commercefoundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Prescott Chamber Of Commercefoundation's revenue has grown by 250.7%, moving from $87K to $306K. Total assets increased by 366.9% over the same period, from $97K to $455K. Total functional expenses rose by 227.2%, from $78K to $257K. In its most recent filing year (2023), Prescott Chamber Of Commercefoundation reported a surplus of $49K, with revenue exceeding expenses. The organization holds $40K in liabilities against $455K in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $415K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $306K | $257K | $455K | $40K | — | — |
| 2022 | $321K | $372K | $424K | $58K | — | View 990 |
| 2021 | $557K | $243K | $519K | $102K | — | View 990 |
| 2020 | $158K | $151K | $245K | $142K | — | View 990 |
| 2019 | $152K | $101K | $180K | $85K | — | View 990 |
| 2018 | $87K | $91K | $86K | $41K | — | View 990 |
| 2017 | $82K | $89K | $120K | $72K | — | View 990 |
| 2016 | $85K | $88K | $56K | $0 | — | View 990 |
| 2015 | $94K | $79K | $58K | $0 | — | View 990 |
| 2014 | $49K | $52K | $85K | $42K | — | View 990 |
| 2013 | $79K | $78K | $87K | $41K | — | View 990 |
| 2012 | $41K | $40K | $88K | $38K | — | View 990 |
| 2011 | $87K | $78K | $97K | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $306K, expenses of $257K, and assets of $455K (revenue -4.8% year-over-year).
- 2022: Revenue of $321K, expenses of $372K, and assets of $424K (revenue -42.4% year-over-year).
- 2021: Revenue of $557K, expenses of $243K, and assets of $519K (revenue +253.3% year-over-year).
- 2020: Revenue of $158K, expenses of $151K, and assets of $245K (revenue +3.6% year-over-year).
- 2019: Revenue of $152K, expenses of $101K, and assets of $180K (revenue +74.3% year-over-year).
- 2018: Revenue of $87K, expenses of $91K, and assets of $86K (revenue +6.0% year-over-year).
- 2017: Revenue of $82K, expenses of $89K, and assets of $120K (revenue -3.3% year-over-year).
- 2016: Revenue of $85K, expenses of $88K, and assets of $56K (revenue -9.3% year-over-year).
- 2015: Revenue of $94K, expenses of $79K, and assets of $58K (revenue +93.1% year-over-year).
- 2014: Revenue of $49K, expenses of $52K, and assets of $85K (revenue -38.6% year-over-year).
- 2013: Revenue of $79K, expenses of $78K, and assets of $87K (revenue +94.2% year-over-year).
- 2012: Revenue of $41K, expenses of $40K, and assets of $88K (revenue -53.2% year-over-year).
- 2011: Revenue of $87K, expenses of $78K, and assets of $97K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prescott Chamber Of Commercefoundation:
Data Sources and Methodology
This transparency report for Prescott Chamber Of Commercefoundation 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.