Williamson County Chamber Foundation
Williamson County Chamber Foundation maintains stable finances with no liabilities and volunteer leadership.
EIN: 202574549 · Franklin, TN · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $94K |
| Total Expenses | $102K |
| Program Spending | 85% |
| Net Assets | $99K |
| Transparency Score | 88/100 |
Is Williamson County Chamber Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Williamson County Chamber Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Williamson County Chamber Foundation
Williamson County Chamber Foundation (EIN: 202574549) is a nonprofit organization based in Franklin, TN, classified under NTEE code B82. The organization reported total revenue of $94K and total assets of $98K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Williamson County Chamber Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Williamson County Chamber Foundation is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $102K |
| Surplus / Deficit | +$21K |
| Total Assets | $99K |
| Net Assets | $99K |
| Operating Margin | 17.3% |
| Months of Reserves | 11.6 months |
Financial Health Grade: A
In 2023, Williamson County Chamber Foundation reported a surplus of $21K with revenue exceeding expenses, holds 11.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Williamson County Chamber Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.4% | -6.3% | +27.7% |
| 2022 | -9.1% | +23.1% | -14.9% |
| 2021 | +62.5% | +17.8% | +22.3% |
| 2020 | -34.6% | -17.3% | -12.4% |
| 2019 | +26.6% | +36.1% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Williamson County Chamber Foundation with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Williamson County Chamber Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $21K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated by a related entity, which is a positive sign for resource allocation directly to 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.
Strengths
The following positive indicators were identified for Williamson County Chamber Foundation:
- Consistent financial stability with positive asset growth (e.g., assets grew from $77,536 in 2022 to $98,981 in 2023).
- Zero reported liabilities across all filings, indicating a debt-free operation.
- 0% officer compensation, suggesting high efficiency in leadership costs.
- Long and consistent IRS 990 filing history (13 filings), demonstrating strong transparency and compliance.
- Healthy asset-to-revenue ratio, providing a buffer for operations.
Frequently Asked Questions about Williamson County Chamber Foundation
Is Williamson County Chamber Foundation a legitimate charity?
Williamson County Chamber Foundation (EIN: 202574549) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $94K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Williamson County Chamber Foundation spend its money?
Williamson County Chamber Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Williamson County Chamber Foundation tax-deductible?
Williamson County Chamber Foundation is registered as a tax-exempt nonprofit (EIN: 202574549). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Williamson County Chamber Foundation's spending goes to programs?
Williamson County Chamber Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Williamson County Chamber Foundation compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Williamson County Chamber Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Williamson County Chamber Foundation located?
Williamson County Chamber Foundation is headquartered in Franklin, Tennessee and files with the IRS under EIN 202574549. It is classified under NTEE code B82.
How many years of IRS 990 filings does Williamson County Chamber Foundation have?
Williamson County Chamber Foundation has 13 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 $94K in total revenue.
What are the specific programs funded by the Williamson County Chamber Foundation?
While the NTEE code B82 suggests 'Chambers of Commerce & Business Leagues,' the filings do not detail specific program expenditures. Further inquiry into their annual reports or website would be needed to understand the exact nature of their programmatic activities.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the leadership roles are either filled by volunteers, or compensation for these roles is covered by a related entity, such as the Williamson County Chamber of Commerce, if the Foundation is an auxiliary organization.
What is the primary source of the organization's revenue?
The IRS 990 filings indicate 'Revenue' but do not break down the specific sources (e.g., donations, grants, program service revenue). A deeper dive into the full 990 forms would be required to identify the primary revenue streams.
Filing History
IRS 990 filing history for Williamson County Chamber Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Williamson County Chamber Foundation's revenue has grown by 41.7%, moving from $87K to $124K. Total assets increased by 123.2% over the same period, from $44K to $99K. Total functional expenses rose by 27%, from $81K to $102K. In its most recent filing year (2023), Williamson County Chamber Foundation reported a surplus of $21K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124K | $102K | $99K | $0 | — | View 990 |
| 2022 | $96K | $109K | $78K | $0 | — | — |
| 2021 | $105K | $89K | $91K | $0 | — | View 990 |
| 2020 | $65K | $75K | $74K | $0 | — | View 990 |
| 2019 | $99K | $91K | $85K | $0 | — | View 990 |
| 2018 | $78K | $67K | $77K | $0 | — | View 990 |
| 2017 | $77K | $74K | $65K | $0 | — | View 990 |
| 2016 | $63K | $54K | $62K | $0 | — | View 990 |
| 2015 | $62K | $64K | $53K | $0 | — | View 990 |
| 2014 | $53K | $47K | $55K | $0 | — | View 990 |
| 2013 | $73K | $64K | $49K | $0 | — | View 990 |
| 2012 | $56K | $60K | $41K | $0 | — | View 990 |
| 2011 | $87K | $81K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124K, expenses of $102K, and assets of $99K (revenue +29.4% year-over-year).
- 2022: Revenue of $96K, expenses of $109K, and assets of $78K (revenue -9.1% year-over-year).
- 2021: Revenue of $105K, expenses of $89K, and assets of $91K (revenue +62.5% year-over-year).
- 2020: Revenue of $65K, expenses of $75K, and assets of $74K (revenue -34.6% year-over-year).
- 2019: Revenue of $99K, expenses of $91K, and assets of $85K (revenue +26.6% year-over-year).
- 2018: Revenue of $78K, expenses of $67K, and assets of $77K (revenue +2.2% year-over-year).
- 2017: Revenue of $77K, expenses of $74K, and assets of $65K (revenue +21.1% year-over-year).
- 2016: Revenue of $63K, expenses of $54K, and assets of $62K (revenue +2.1% year-over-year).
- 2015: Revenue of $62K, expenses of $64K, and assets of $53K (revenue +17.4% year-over-year).
- 2014: Revenue of $53K, expenses of $47K, and assets of $55K (revenue -27.2% year-over-year).
- 2013: Revenue of $73K, expenses of $64K, and assets of $49K (revenue +28.6% year-over-year).
- 2012: Revenue of $56K, expenses of $60K, and assets of $41K (revenue -35.4% year-over-year).
- 2011: Revenue of $87K, expenses of $81K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Williamson County Chamber Foundation:
Data Sources and Methodology
This transparency report for Williamson County Chamber 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.