South Baldwin Chamber Foundation Inc

Is South Baldwin Chamber Foundation Inc Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

South Baldwin Chamber Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About South Baldwin Chamber Foundation Inc

South Baldwin Chamber Foundation Inc (EIN: 200287247) is a nonprofit organization based in Foley, AL, classified under NTEE code S20. The organization reported total revenue of $304K and total assets of $250K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Baldwin Chamber Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates South Baldwin Chamber Foundation Inc with a Mission Score of 95 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: 90%
• fundraising: 0%

According to IRS 990 filings, South Baldwin Chamber Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with revenues typically under $200,000.

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 South Baldwin Chamber Foundation Inc:

• Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
• Stable asset base (e.g., $262,238 in 202312) relative to annual expenses, suggesting financial resilience.
• Low liabilities across all reported periods, demonstrating sound financial management.
• Consistent filing history (13 filings), indicating transparency and compliance.
• Strong program focus implied by the absence of fundraising expenses and volunteer leadership.

Frequently Asked Questions about South Baldwin Chamber Foundation Inc

Filing History

IRS 990 filing history for South Baldwin Chamber Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), South Baldwin Chamber Foundation Inc's revenue has declined by 54.8%, moving from $395K to $179K. Total assets decreased by 30.4% over the same period, from $377K to $262K. Total functional expenses fell by 52.2%, from $379K to $181K. In its most recent filing year (2023), South Baldwin Chamber Foundation Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $31K in liabilities against $262K in assets (debt-to-asset ratio: 12.0%), resulting in net assets of $231K.

Year-by-Year Financial Summary

• 2023: Revenue of $179K, expenses of $181K, and assets of $262K (revenue -4.5% year-over-year).
• 2022: Revenue of $187K, expenses of $168K, and assets of $256K (revenue +2.3% year-over-year).
• 2021: Revenue of $183K, expenses of $150K, and assets of $277K (revenue +28.2% year-over-year).
• 2020: Revenue of $143K, expenses of $152K, and assets of $223K (revenue -22.4% year-over-year).
• 2019: Revenue of $184K, expenses of $157K, and assets of $198K (revenue +67.3% year-over-year).
• 2018: Revenue of $110K, expenses of $177K, and assets of $171K (revenue -34.2% year-over-year).
• 2017: Revenue of $167K, expenses of $151K, and assets of $238K (revenue +11.0% year-over-year).
• 2016: Revenue of $150K, expenses of $150K, and assets of $254K (revenue +7.0% year-over-year).
• 2015: Revenue of $141K, expenses of $151K, and assets of $222K (revenue -34.9% year-over-year).
• 2014: Revenue of $216K, expenses of $186K, and assets of $251K (revenue -3.5% year-over-year).
• 2013: Revenue of $224K, expenses of $257K, and assets of $203K (revenue -44.0% year-over-year).
• 2012: Revenue of $399K, expenses of $539K, and assets of $236K (revenue +1.1% year-over-year).
• 2011: Revenue of $395K, expenses of $379K, and assets of $377K.

Data Sources and Methodology

This transparency report for South Baldwin Chamber Foundation Inc 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.