Sutton Area Chamber Of Commerce Inc
Sutton Area Chamber Of Commerce maintains stable assets with volunteer leadership and occasional operating deficits.
EIN: 205933101 · Sutton, NE · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $66K |
| Total Expenses | $67K |
| Program Spending | 80% |
| Net Assets | $58K |
| Transparency Score | 85/100 |
Is Sutton Area Chamber Of Commerce Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sutton Area Chamber Of Commerce Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sutton Area Chamber Of Commerce Inc
Sutton Area Chamber Of Commerce Inc (EIN: 205933101) is a nonprofit organization based in Sutton, NE, classified under NTEE code S41. The organization reported total revenue of $66K and total assets of $59K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sutton Area Chamber Of Commerce Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sutton Area Chamber Of Commerce Inc is a micro nonprofit that has been operating for 5 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $67K |
| Surplus / Deficit | $-4,874 |
| Total Assets | $58K |
| Net Assets | $58K |
| Operating Margin | -7.8% |
| Months of Reserves | 10.3 months |
Financial Health Grade: B
In 2023, Sutton Area Chamber Of Commerce Inc reported a deficit of $5K with expenses exceeding revenue, holds 10.3 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Sutton Area Chamber Of Commerce Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.1% | +16.3% | -7.8% |
| 2022 | -3.5% | -25.4% | -2.6% |
| 2021 | +57.0% | +406.6% | -23.1% |
| 2020 | -30.6% | -66.3% | +35.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sutton Area Chamber Of Commerce Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Sutton Area Chamber Of Commerce Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This is highly commendable for an organization of its size, as it minimizes overhead and maximizes resources available for its community programs.
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.
Red Flags
The following concerns were identified during AI analysis of Sutton Area Chamber Of Commerce Inc's IRS 990 filings:
- Occasional operating deficits where expenses exceed revenue (e.g., $67,079 expenses vs. $62,205 revenue in 202312).
Strengths
The following positive indicators were identified for Sutton Area Chamber Of Commerce Inc:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Zero liabilities reported across all five filing periods, demonstrating strong financial health and low risk.
- Stable asset base relative to revenue, providing financial resilience.
- Consistent IRS 990 filing history, indicating good transparency.
Frequently Asked Questions about Sutton Area Chamber Of Commerce Inc
Is Sutton Area Chamber Of Commerce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sutton Area Chamber Of Commerce Inc (EIN: 205933101) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Sutton Area Chamber Of Commerce Inc spend its money?
Sutton Area Chamber Of Commerce Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sutton Area Chamber Of Commerce Inc tax-deductible?
Sutton Area Chamber Of Commerce Inc is registered as a tax-exempt nonprofit (EIN: 205933101). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sutton Area Chamber Of Commerce Inc's spending goes to programs?
Sutton Area Chamber Of Commerce Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sutton Area Chamber Of Commerce Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sutton Area Chamber Of Commerce Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sutton Area Chamber Of Commerce Inc located?
Sutton Area Chamber Of Commerce Inc is headquartered in Sutton, Nebraska and files with the IRS under EIN 205933101. It is classified under NTEE code S41.
How many years of IRS 990 filings does Sutton Area Chamber Of Commerce Inc have?
Sutton Area Chamber Of Commerce Inc 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 $66K in total revenue.
Is Sutton Area Chamber Of Commerce Inc a good charity?
Based on the available data, the Sutton Area Chamber Of Commerce Inc appears to be a well-managed organization with strong financial transparency (consistent 990 filings, zero liabilities) and efficient operations (0% officer compensation). While it has experienced some operating deficits, its asset base provides stability. The NTEE code S41 indicates it's a Business & Commerce organization, suggesting its 'program' spending would be on community and business development.
How does the organization manage its expenses when revenue fluctuates?
The organization's expenses have exceeded revenue in three of the last five periods (202312, 202212, 202112). However, its consistent asset base (e.g., $57,664 in 202312) and zero liabilities suggest it manages these deficits by drawing from reserves rather than incurring debt, indicating prudent financial management.
Filing History
IRS 990 filing history for Sutton Area Chamber Of Commerce Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Sutton Area Chamber Of Commerce Inc's revenue has grown by 16.8%, moving from $53K to $62K. Total assets decreased by 6.6% over the same period, from $62K to $58K. Total functional expenses rose by 48.2%, from $45K to $67K. In its most recent filing year (2023), Sutton Area Chamber Of Commerce Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62K | $67K | $58K | $0 | — | — |
| 2022 | $56K | $58K | $63K | $0 | — | View 990 |
| 2021 | $58K | $77K | $64K | $0 | — | — |
| 2020 | $37K | $15K | $83K | $0 | — | — |
| 2019 | $53K | $45K | $62K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62K, expenses of $67K, and assets of $58K (revenue +11.1% year-over-year).
- 2022: Revenue of $56K, expenses of $58K, and assets of $63K (revenue -3.5% year-over-year).
- 2021: Revenue of $58K, expenses of $77K, and assets of $64K (revenue +57.0% year-over-year).
- 2020: Revenue of $37K, expenses of $15K, and assets of $83K (revenue -30.6% year-over-year).
- 2019: Revenue of $53K, expenses of $45K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sutton Area Chamber Of Commerce Inc:
Data Sources and Methodology
This transparency report for Sutton Area 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.