German American Chamber of Commerce Inc Philadelphia Branch
Nonprofit profile at a glance
- EIN
- 232586662
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2155017102
- Rating confidence
- Limited
Reported finances
- Revenue
- $98,886
- Expenses
- $304,321
- Assets
- $98,237
- Liabilities
- $47,164
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Susanne Johnson (Executive Director)
People named in this filing
- Susanne Johnson (Executive Director)
- Bruce White (Chairman)
- J Christopher Erb (Vice Chairman)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Organization's primary exempt purpose is to support, promote, and maximize trade and investment relationships between the Federal Republic of Germany and the United States of America.
What it reported doing in 2024
GACC's marketing and business development services are designed to assist our clients in growing their business in both the U.S. and Germany, to facilitate international connections, cooperation and to foster mutually beneficial business relationships. GACC is prepared to tailor its service to meet specific client requirements. Services include: U.S. Business Presence: This service helps German businesses to establish a presence in the United States in order to deal with their already existing American customers at low risk and without the overhead costs involved in establishing their own office with staff. The GACC-Philadelphia branch offers an American business address including telephone number, fax number, and mailbox. Qualified staff of the GACC will answer the inquiries and forward them immediately to the business in Germany.Facilitating Relationships: Bringing clients together with business partners for trade, investment, cooperation or expansion.Publications: GACC has a broad range and comprehensive list of publications on German and American business topics to help its clients understand business practices in Germany and the U.S. The list includes books on personnel management and human resources, taxation, law, regulatory affairs, how to establish a company abroad, as well as general information and directories. Qualified staff of the GACC will answer the inquiries and forward them immediately to the business in Germany.
Operating model
- Revenue model
- Earned-program. 68% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 10
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -207.7%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.48; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 55.1%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -5.1% per year; rating input score 0; 34th percentile among comparable filings
- Asset growth: 11.9% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 5/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.