Sioux Falls Area Chamber Of Commerce Foundation
EIN: 363470628 · Sioux Falls, SD · NTEE: T11
| Metric | Value |
|---|---|
| Total Revenue | $68K |
| Total Expenses | $84K |
| Net Assets | $17K |
Is Sioux Falls 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 Sioux Falls Area Chamber Of Commerce Foundation
Sioux Falls Area Chamber Of Commerce Foundation (EIN: 363470628) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code T11. The organization reported total revenue of $68K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sioux Falls Area Chamber Of Commerce Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sioux Falls Area Chamber Of Commerce Foundation is a micro nonprofit that has been operating for 40 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -11.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $84K |
| Surplus / Deficit | $-16,992 |
| Total Assets | $17K |
| Net Assets | $17K |
| Operating Margin | -25.2% |
| Months of Reserves | 2.4 months |
Financial Health Grade: C
In 2020, Sioux Falls Area Chamber Of Commerce Foundation reported a deficit of $17K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2011–2020), Sioux Falls Area Chamber Of Commerce Foundation's revenue has declined at a compound annual growth rate (CAGR) of -11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -38.6% | -34.7% | -50.1% |
| 2019 | +28.7% | +20.4% | -36.3% |
| 2018 | -8.4% | -13.1% | -29.1% |
| 2017 | -40.0% | +95.0% | -28.7% |
| 2016 | +141.4% | -13.8% | +708.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sioux Falls 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 Sioux Falls 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
Frequently Asked Questions about Sioux Falls Area Chamber Of Commerce Foundation
Is Sioux Falls Area Chamber Of Commerce Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sioux Falls Area Chamber Of Commerce Foundation (EIN: 363470628) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sioux Falls Area Chamber Of Commerce Foundation spend its money?
Detailed spending breakdown data is not yet available for Sioux Falls Area Chamber Of Commerce Foundation. Check back for updated IRS 990 analysis.
Are donations to Sioux Falls Area Chamber Of Commerce Foundation tax-deductible?
Sioux Falls Area Chamber Of Commerce Foundation is registered as a tax-exempt nonprofit (EIN: 363470628). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sioux Falls Area Chamber Of Commerce Foundation located?
Sioux Falls Area Chamber Of Commerce Foundation is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 363470628. It is classified under NTEE code T11.
How many years of IRS 990 filings does Sioux Falls Area Chamber Of Commerce Foundation have?
Sioux Falls Area Chamber Of Commerce Foundation has 10 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 $68K in total revenue.
Filing History
IRS 990 filing history for Sioux Falls Area Chamber Of Commerce Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Sioux Falls Area Chamber Of Commerce Foundation's revenue has declined by 66.8%, moving from $203K to $68K. Total assets decreased by 81.3% over the same period, from $90K to $17K. Total functional expenses fell by 44.9%, from $153K to $84K. In its most recent filing year (2020), Sioux Falls Area Chamber Of Commerce Foundation reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $68K | $84K | $17K | $0 | — | View 990 |
| 2019 | $110K | $129K | $34K | $0 | — | View 990 |
| 2018 | $86K | $107K | $53K | $0 | — | View 990 |
| 2017 | $93K | $124K | $75K | $0 | — | View 990 |
| 2016 | $156K | $63K | $105K | $0 | — | View 990 |
| 2015 | $64K | $74K | $13K | $0 | — | View 990 |
| 2014 | $20K | $49K | $22K | $0 | — | View 990 |
| 2013 | $29K | $66K | $51K | $0 | — | View 990 |
| 2012 | $73K | $75K | $88K | $0 | — | View 990 |
| 2011 | $203K | $153K | $90K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $68K, expenses of $84K, and assets of $17K (revenue -38.6% year-over-year).
- 2019: Revenue of $110K, expenses of $129K, and assets of $34K (revenue +28.7% year-over-year).
- 2018: Revenue of $86K, expenses of $107K, and assets of $53K (revenue -8.4% year-over-year).
- 2017: Revenue of $93K, expenses of $124K, and assets of $75K (revenue -40.0% year-over-year).
- 2016: Revenue of $156K, expenses of $63K, and assets of $105K (revenue +141.4% year-over-year).
- 2015: Revenue of $64K, expenses of $74K, and assets of $13K (revenue +220.7% year-over-year).
- 2014: Revenue of $20K, expenses of $49K, and assets of $22K (revenue -31.7% year-over-year).
- 2013: Revenue of $29K, expenses of $66K, and assets of $51K (revenue -59.4% year-over-year).
- 2012: Revenue of $73K, expenses of $75K, and assets of $88K (revenue -64.3% year-over-year).
- 2011: Revenue of $203K, expenses of $153K, and assets of $90K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sioux Falls Area Chamber Of Commerce Foundation:
Data Sources and Methodology
This transparency report for Sioux Falls 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.