Salina Area Chamber Of Commerce Foundation
EIN: 481063798 · Salina, KS
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Total Expenses | $1K |
| Net Assets | $86K |
Is Salina Area Chamber Of Commerce Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Salina Area Chamber Of Commerce Foundation
Salina Area Chamber Of Commerce Foundation (EIN: 481063798) is a nonprofit organization based in Salina, KS. The organization reported total revenue of $5K and total assets of $105K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salina Area Chamber Of Commerce Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salina Area Chamber Of Commerce Foundation is a micro nonprofit that has been operating for 37 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $1K |
| Surplus / Deficit | +$5K |
| Total Assets | $100K |
| Total Liabilities | $14K |
| Net Assets | $86K |
| Operating Margin | 79.3% |
| Debt-to-Asset Ratio | 14.5% |
| Months of Reserves | 935.6 months |
Financial Health Grade: A
In 2023, Salina Area Chamber Of Commerce Foundation reported a surplus of $5K with revenue exceeding expenses, holds 935.6 months of operating reserves (strong position), has a debt-to-asset ratio of 14.5% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Salina Area Chamber Of Commerce Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.6% | +2.0% | -31.5% |
| 2022 | +2906.8% | +3.7% | +24.8% |
| 2021 | -100.0% | -100.0% | -4.3% |
| 2020 | +13186.5% | +19156.6% | +37.8% |
| 2019 | -4.6% | +2.8% | +19.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Salina Area Chamber Of Commerce 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 Salina Area Chamber Of Commerce 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 $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.5%.
Frequently Asked Questions about Salina Area Chamber Of Commerce Foundation
Is Salina Area Chamber Of Commerce Foundation a legitimate charity?
Salina Area Chamber Of Commerce Foundation (EIN: 481063798) is a registered tax-exempt nonprofit based in Kansas. It has 14 years of IRS 990 filings on record. Total revenue: $5K. No red flags identified. Financial health grade: A.
How does Salina Area Chamber Of Commerce Foundation spend its money?
Salina Area Chamber Of Commerce Foundation reported $5K 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 Salina Area Chamber Of Commerce Foundation tax-deductible?
Salina Area Chamber Of Commerce Foundation is registered as a tax-exempt nonprofit (EIN: 481063798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Salina Area Chamber Of Commerce Foundation located?
Salina Area Chamber Of Commerce Foundation is headquartered in Salina, Kansas and files with the IRS under EIN 481063798.
How many years of IRS 990 filings does Salina Area Chamber Of Commerce Foundation have?
Salina Area Chamber Of Commerce Foundation 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 $5K in total revenue.
Filing History
IRS 990 filing history for Salina Area Chamber Of Commerce Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Salina Area Chamber Of Commerce Foundation's revenue has grown by 25.9%, moving from $5K to $6K. Total assets increased by 268.2% over the same period, from $27K to $100K. Total functional expenses fell by 39.9%, from $2K to $1K. In its most recent filing year (2023), Salina Area Chamber Of Commerce Foundation reported a surplus of $5K, with revenue exceeding expenses. The organization holds $14K in liabilities against $100K in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $86K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $1K | $100K | $14K | — | — |
| 2022 | $6K | $1K | $146K | $65K | — | View 990 |
| 2021 | $190 | $1K | $117K | $41K | — | View 990 |
| 2020 | $2.7M | $2.7M | $123K | $45K | — | — |
| 2019 | $21K | $14K | $89K | $11K | — | View 990 |
| 2018 | $22K | $14K | $74K | $3K | — | View 990 |
| 2017 | $14K | $14K | $66K | $3K | — | View 990 |
| 2016 | $14K | $3K | $65K | $2K | — | View 990 |
| 2015 | $13K | $2K | $53K | $2K | — | View 990 |
| 2014 | $6K | $3K | $42K | $2K | — | View 990 |
| 2013 | $6K | $3K | $39K | $2K | — | View 990 |
| 2012 | $6K | $2K | $55K | $22K | — | View 990 |
| 2011 | $6K | $2K | $31K | $2K | — | View 990 |
| 2010 | $5K | $2K | $27K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $1K, and assets of $100K (revenue +8.6% year-over-year).
- 2022: Revenue of $6K, expenses of $1K, and assets of $146K (revenue +2906.8% year-over-year).
- 2021: Revenue of $190, expenses of $1K, and assets of $117K (revenue -100.0% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.7M, and assets of $123K (revenue +13186.5% year-over-year).
- 2019: Revenue of $21K, expenses of $14K, and assets of $89K (revenue -4.6% year-over-year).
- 2018: Revenue of $22K, expenses of $14K, and assets of $74K (revenue +55.3% year-over-year).
- 2017: Revenue of $14K, expenses of $14K, and assets of $66K (revenue -3.6% year-over-year).
- 2016: Revenue of $14K, expenses of $3K, and assets of $65K (revenue +10.6% year-over-year).
- 2015: Revenue of $13K, expenses of $2K, and assets of $53K (revenue +111.9% year-over-year).
- 2014: Revenue of $6K, expenses of $3K, and assets of $42K (revenue -2.7% year-over-year).
- 2013: Revenue of $6K, expenses of $3K, and assets of $39K (revenue -0.2% year-over-year).
- 2012: Revenue of $6K, expenses of $2K, and assets of $55K (revenue +5.2% year-over-year).
- 2011: Revenue of $6K, expenses of $2K, and assets of $31K (revenue +22.1% year-over-year).
- 2010: Revenue of $5K, expenses of $2K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salina Area Chamber Of Commerce Foundation:
Data Sources and Methodology
This transparency report for Salina Area Chamber Of Commerce 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.