Sandy Chamber Economic Development Foundation
EIN: 472393288 · Sandy, UT · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $144K |
| Net Assets | $20K |
Is Sandy Chamber Economic Development Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sandy Chamber Economic Development Foundation
Sandy Chamber Economic Development Foundation (EIN: 472393288) is a nonprofit organization based in Sandy, UT, classified under NTEE code S30. The organization reported total revenue of $62K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sandy Chamber Economic Development Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sandy Chamber Economic Development Foundation is a micro nonprofit that has been operating for 11 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $144K |
| Surplus / Deficit | $-81,854 |
| Total Assets | $20K |
| Net Assets | $20K |
| Operating Margin | -131.7% |
| Months of Reserves | 1.7 months |
Financial Health Grade: C
In 2023, Sandy Chamber Economic Development Foundation reported a deficit of $82K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2019–2023), Sandy Chamber Economic Development Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -61.7% | -11.3% | -80.1% |
| 2022 | +5.3% | +212.3% | -0.1% |
| 2021 | +221.4% | +8.4% | +217531.9% |
| 2020 | -23.8% | -23.8% | +0.0% |
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 Sandy Chamber Economic Development 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 Sandy Chamber Economic Development 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 deficit of $82K, with expenses exceeding revenue.
Frequently Asked Questions about Sandy Chamber Economic Development Foundation
Is Sandy Chamber Economic Development Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sandy Chamber Economic Development Foundation (EIN: 472393288) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sandy Chamber Economic Development Foundation spend its money?
Detailed spending breakdown data is not yet available for Sandy Chamber Economic Development Foundation. Check back for updated IRS 990 analysis.
Are donations to Sandy Chamber Economic Development Foundation tax-deductible?
Sandy Chamber Economic Development Foundation is registered as a tax-exempt nonprofit (EIN: 472393288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sandy Chamber Economic Development Foundation located?
Sandy Chamber Economic Development Foundation is headquartered in Sandy, Utah and files with the IRS under EIN 472393288. It is classified under NTEE code S30.
How many years of IRS 990 filings does Sandy Chamber Economic Development Foundation have?
Sandy Chamber Economic Development Foundation has 5 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 $62K in total revenue.
Filing History
IRS 990 filing history for Sandy Chamber Economic Development Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Sandy Chamber Economic Development Foundation's revenue has declined by 1.3%, moving from $63K to $62K. Total assets increased by 43244.7% over the same period, from $47 to $20K. Total functional expenses rose by 128.5%, from $63K to $144K. In its most recent filing year (2023), Sandy Chamber Economic Development Foundation reported a deficit of $82K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62K | $144K | $20K | $0 | — | View 990 |
| 2022 | $162K | $162K | $102K | $0 | — | View 990 |
| 2021 | $154K | $52K | $102K | $0 | — | View 990 |
| 2020 | $48K | $48K | $47 | $0 | — | — |
| 2019 | $63K | $63K | $47 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62K, expenses of $144K, and assets of $20K (revenue -61.7% year-over-year).
- 2022: Revenue of $162K, expenses of $162K, and assets of $102K (revenue +5.3% year-over-year).
- 2021: Revenue of $154K, expenses of $52K, and assets of $102K (revenue +221.4% year-over-year).
- 2020: Revenue of $48K, expenses of $48K, and assets of $47 (revenue -23.8% year-over-year).
- 2019: Revenue of $63K, expenses of $63K, and assets of $47.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sandy Chamber Economic Development Foundation:
Data Sources and Methodology
This transparency report for Sandy Chamber Economic Development 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.