River Country Chamber Of Commerce Of Newaygo County
EIN: 371449234 · Newaygo, MI · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $334K |
| Total Expenses | $452K |
| Net Assets | $97K |
Is River Country Chamber Of Commerce Of Newaygo County Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About River Country Chamber Of Commerce Of Newaygo County
River Country Chamber Of Commerce Of Newaygo County (EIN: 371449234) is a nonprofit organization based in Newaygo, MI, classified under NTEE code S41. The organization reported total revenue of $334K and total assets of $77K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of River Country Chamber Of Commerce Of Newaygo County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
River Country Chamber Of Commerce Of Newaygo County is a small nonprofit that has been operating for 23 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $465K |
| Total Expenses | $452K |
| Surplus / Deficit | +$13K |
| Total Assets | $114K |
| Total Liabilities | $17K |
| Net Assets | $97K |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 15.0% |
| Months of Reserves | 3.0 months |
Financial Health Grade: A
In 2023, River Country Chamber Of Commerce Of Newaygo County reported a surplus of $13K with revenue exceeding expenses, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 15.0% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), River Country Chamber Of Commerce Of Newaygo County's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.1% | +32.4% | +31.7% |
| 2022 | +37.1% | +49.0% | +12.2% |
| 2021 | +37.6% | +46.5% | +57.0% |
| 2020 | -18.2% | -33.2% | +155.4% |
| 2019 | -1.5% | +4.2% | -18.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for River Country Chamber Of Commerce Of Newaygo County 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 River Country Chamber Of Commerce Of Newaygo County 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 $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.0%.
Frequently Asked Questions about River Country Chamber Of Commerce Of Newaygo County
Is River Country Chamber Of Commerce Of Newaygo County a legitimate charity?
River Country Chamber Of Commerce Of Newaygo County (EIN: 371449234) is a registered tax-exempt nonprofit based in Michigan. It has 9 years of IRS 990 filings on record. Total revenue: $334K. No red flags identified. Financial health grade: A.
How does River Country Chamber Of Commerce Of Newaygo County spend its money?
River Country Chamber Of Commerce Of Newaygo County reported $334K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to River Country Chamber Of Commerce Of Newaygo County tax-deductible?
River Country Chamber Of Commerce Of Newaygo County is registered as a tax-exempt nonprofit (EIN: 371449234). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is River Country Chamber Of Commerce Of Newaygo County located?
River Country Chamber Of Commerce Of Newaygo County is headquartered in Newaygo, Michigan and files with the IRS under EIN 371449234. It is classified under NTEE code S41.
How many years of IRS 990 filings does River Country Chamber Of Commerce Of Newaygo County have?
River Country Chamber Of Commerce Of Newaygo County 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 $334K in total revenue.
Filing History
IRS 990 filing history for River Country Chamber Of Commerce Of Newaygo County showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), River Country Chamber Of Commerce Of Newaygo County's revenue has grown by 145.1%, moving from $190K to $465K. Total assets increased by 343% over the same period, from $26K to $114K. Total functional expenses rose by 157.8%, from $175K to $452K. In its most recent filing year (2023), River Country Chamber Of Commerce Of Newaygo County reported a surplus of $13K, with revenue exceeding expenses. The organization holds $17K in liabilities against $114K in assets (debt-to-asset ratio: 15.0%), resulting in net assets of $97K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $465K | $452K | $114K | $17K | — | — |
| 2022 | $352K | $341K | $87K | $2K | — | View 990 |
| 2021 | $257K | $229K | $77K | $3K | — | View 990 |
| 2020 | $186K | $156K | $49K | $3K | — | View 990 |
| 2019 | $228K | $234K | $19K | $3K | — | View 990 |
| 2018 | $231K | $225K | $24K | $1K | — | View 990 |
| 2017 | $206K | $205K | $10K | $0 | — | View 990 |
| 2016 | $189K | $206K | $9K | $0 | — | View 990 |
| 2015 | $190K | $175K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $465K, expenses of $452K, and assets of $114K (revenue +32.1% year-over-year).
- 2022: Revenue of $352K, expenses of $341K, and assets of $87K (revenue +37.1% year-over-year).
- 2021: Revenue of $257K, expenses of $229K, and assets of $77K (revenue +37.6% year-over-year).
- 2020: Revenue of $186K, expenses of $156K, and assets of $49K (revenue -18.2% year-over-year).
- 2019: Revenue of $228K, expenses of $234K, and assets of $19K (revenue -1.5% year-over-year).
- 2018: Revenue of $231K, expenses of $225K, and assets of $24K (revenue +12.5% year-over-year).
- 2017: Revenue of $206K, expenses of $205K, and assets of $10K (revenue +8.6% year-over-year).
- 2016: Revenue of $189K, expenses of $206K, and assets of $9K (revenue -0.1% year-over-year).
- 2015: Revenue of $190K, expenses of $175K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for River Country Chamber Of Commerce Of Newaygo County:
Data Sources and Methodology
This transparency report for River Country Chamber Of Commerce Of Newaygo County 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.