South Fulton Chamber Of Commerce Inc
EIN: 371429626 · Union City, GA · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $169K |
| Total Expenses | $683K |
| Net Assets | $4K |
Is South Fulton Chamber Of Commerce Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About South Fulton Chamber Of Commerce Inc
South Fulton Chamber Of Commerce Inc (EIN: 371429626) is a nonprofit organization based in Union City, GA, classified under NTEE code S40. The organization reported total revenue of $169K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Fulton Chamber Of Commerce Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Fulton Chamber Of Commerce Inc is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 29.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $675K |
| Total Expenses | $683K |
| Surplus / Deficit | $-8,642 |
| Total Assets | $17K |
| Total Liabilities | $13K |
| Net Assets | $4K |
| Operating Margin | -1.3% |
| Debt-to-Asset Ratio | 74.0% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2023, South Fulton Chamber Of Commerce Inc reported a deficit of $9K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 74.0% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), South Fulton Chamber Of Commerce Inc's revenue has grown at a compound annual growth rate (CAGR) of 29.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.4% | -5.4% | -9.8% |
| 2022 | +182.1% | +222.2% | -53.5% |
| 2021 | +25.7% | -0.2% | +135.2% |
| 2020 | -31.4% | -15.6% | -61.4% |
| 2019 | -16.0% | -15.4% | +86.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Fulton Chamber Of Commerce Inc 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 South Fulton Chamber Of Commerce Inc 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 $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 74.0%.
Frequently Asked Questions about South Fulton Chamber Of Commerce Inc
Is South Fulton Chamber Of Commerce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, South Fulton Chamber Of Commerce Inc (EIN: 371429626) insufficient data. 0 red flags identified, 0 strengths noted.
How does South Fulton Chamber Of Commerce Inc spend its money?
Detailed spending breakdown data is not yet available for South Fulton Chamber Of Commerce Inc. Check back for updated IRS 990 analysis.
Are donations to South Fulton Chamber Of Commerce Inc tax-deductible?
South Fulton Chamber Of Commerce Inc is registered as a tax-exempt nonprofit (EIN: 371429626). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South Fulton Chamber Of Commerce Inc located?
South Fulton Chamber Of Commerce Inc is headquartered in Union City, Georgia and files with the IRS under EIN 371429626. It is classified under NTEE code S40.
How many years of IRS 990 filings does South Fulton Chamber Of Commerce Inc have?
South Fulton Chamber Of Commerce Inc has 7 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 $169K in total revenue.
Filing History
IRS 990 filing history for South Fulton Chamber Of Commerce Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), South Fulton Chamber Of Commerce Inc's revenue has grown by 369.5%, moving from $144K to $675K. Total assets decreased by 79.2% over the same period, from $82K to $17K. Total functional expenses rose by 355.7%, from $150K to $683K. In its most recent filing year (2023), South Fulton Chamber Of Commerce Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $13K in liabilities against $17K in assets (debt-to-asset ratio: 74.0%), resulting in net assets of $4K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $675K | $683K | $17K | $13K | — | — |
| 2022 | $698K | $722K | $19K | $6K | — | View 990 |
| 2021 | $248K | $224K | $41K | $884 | — | View 990 |
| 2020 | $197K | $225K | $17K | $884 | — | View 990 |
| 2019 | $287K | $266K | $45K | $884 | — | — |
| 2018 | $342K | $315K | $24K | $884 | — | View 990 |
| 2017 | $144K | $150K | $82K | $86K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $675K, expenses of $683K, and assets of $17K (revenue -3.4% year-over-year).
- 2022: Revenue of $698K, expenses of $722K, and assets of $19K (revenue +182.1% year-over-year).
- 2021: Revenue of $248K, expenses of $224K, and assets of $41K (revenue +25.7% year-over-year).
- 2020: Revenue of $197K, expenses of $225K, and assets of $17K (revenue -31.4% year-over-year).
- 2019: Revenue of $287K, expenses of $266K, and assets of $45K (revenue -16.0% year-over-year).
- 2018: Revenue of $342K, expenses of $315K, and assets of $24K (revenue +137.9% year-over-year).
- 2017: Revenue of $144K, expenses of $150K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Fulton Chamber Of Commerce Inc:
Data Sources and Methodology
This transparency report for South Fulton Chamber Of Commerce 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.