Is Alcon Cares Incorporated Legit?

Quick charity verification for Alcon Cares Incorporated (EIN: 204118713)

Verdict: Alcon Cares Incorporated appears trustworthy

90/100Mission Score
$3.1MRevenue
$1Assets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Alcon Cares Incorporated allocates its funds across programs, administration, and fundraising.

100%
Program Spending
Healthy — majority goes to mission
0%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Alcon Cares Incorporated

Is Alcon Cares Incorporated a legitimate charity?

Based on AI analysis of IRS 990 filings, Alcon Cares Incorporated (EIN: 204118713) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 3 strengths noted.

Is Alcon Cares Incorporated a good charity to donate to?

Alcon Cares Incorporated has a Mission Score of 90/100. Revenue: $3.1M. Assets: $1. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Alcon Cares Incorporated?

The Employer Identification Number (EIN) for Alcon Cares Incorporated is 204118713. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Alcon Cares Incorporated spend its money?

Alcon Cares Incorporated allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Alcon Cares Incorporated's tax-exempt status?

You can verify Alcon Cares Incorporated's tax-exempt status using EIN 204118713 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Alcon Cares Incorporated demonstrates a unique financial model, consistently reporting assets of $1 and liabilities of $1 (or $0 in earlier years) across all available filings, despite fluctuating revenues. This suggests the organization operates as a pass-through entity, immediately expending all incoming revenue on its programs, as evidenced by expenses consistently matching revenue in every period. For example, in 2023, revenue was $2,788,919 and expenses were also $2,788,919. While this indicates strong program spending efficiency in terms of direct expenditure, the lack of significant assets or reserves could pose a risk for long-term sustainability or ability to weather unexpected financial challenges. The consistent zero officer compensation also points to a lean operational structure, likely relying on volunteer or corporate-sponsored administrative support. The organization's financial transparency is good in terms of consistent reporting, but the minimal asset base and exact matching of revenue and expenses warrant further investigation to understand the full scope of its operational funding and support. The NTEE code T23 (Voluntary Health & Medical Organizations, General) aligns with a mission focused on health, and the financial data suggests direct application of funds to this mission. However, without a detailed breakdown of expenses beyond the top-line figures, it's challenging to fully assess the efficiency of program delivery versus any potential administrative overhead that might be absorbed elsewhere.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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