Is Bladder Cancer Advocacy Network Inc Legit?

Quick charity verification for Bladder Cancer Advocacy Network Inc (EIN: 202897110)

Verdict: Bladder Cancer Advocacy Network Inc appears trustworthy

90/100Mission Score

$6.4MRevenue

$15.8MAssets

1Red Flags

4Strengths

Red Flags

Consistent 0% officer compensation across all filings, which is unusual and may warrant further inquiry into how executive leadership is compensated or structured to ensure full transparency.

Strengths

Strong and consistent asset growth, from $1,364,269 in 2014 to $14,518,465 in 2023, indicating financial stability and successful fundraising.
Reported 0% officer compensation across all filings, suggesting a high dedication to directing funds towards programs.
Consistent revenue generation over the past decade, demonstrating sustained donor support.
Healthy asset-to-liability ratio, with liabilities remaining relatively low compared to substantial assets.

Spending Breakdown

How Bladder Cancer Advocacy Network Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Bladder Cancer Advocacy Network Inc

Is Bladder Cancer Advocacy Network Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Bladder Cancer Advocacy Network Inc (EIN: 202897110) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Bladder Cancer Advocacy Network Inc a good charity to donate to?

Bladder Cancer Advocacy Network Inc has a Mission Score of 90/100. Revenue: $6.4M. Assets: $15.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Bladder Cancer Advocacy Network Inc?

The Employer Identification Number (EIN) for Bladder Cancer Advocacy Network Inc is 202897110. 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 Bladder Cancer Advocacy Network Inc spend its money?

Bladder Cancer Advocacy Network Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Bladder Cancer Advocacy Network Inc's tax-exempt status?

You can verify Bladder Cancer Advocacy Network Inc's tax-exempt status using EIN 202897110 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

The Bladder Cancer Advocacy Network Inc (BCAN) demonstrates a generally strong financial position and commitment to its mission. Over the past decade, the organization has shown consistent growth in revenue and assets, with assets increasing from $1,364,269 in 2014 to $14,518,465 in 2023. While there was a dip in revenue from $8,907,201 in 2022 to $5,449,892 in 2023, the organization's expenses also increased to $5,881,727 in 2023, indicating active program delivery. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency and a focus on directing funds towards programmatic activities rather than executive salaries.

BCAN's financial health appears robust, with substantial assets relative to its annual expenses. The organization has consistently maintained a positive net asset position, indicating long-term sustainability. The significant increase in assets, particularly between 2021 and 2022 (from $9,286,353 to $14,357,530), suggests successful fundraising and prudent financial management. The organization's ability to manage its liabilities, which have remained relatively low compared to its assets, further underscores its financial stability.

Overall, BCAN appears to be a well-managed and transparent organization. The consistent growth, strong asset base, and reported zero officer compensation are positive indicators of its dedication to its mission and efficient use of donor funds. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the raw data, the absence of officer compensation is a strong signal of good governance and a focus on mission-driven spending.

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Disclaimer

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