Is Bob Perks Cancer Assistance Fund Legit?

Quick charity verification for Bob Perks Cancer Assistance Fund (EIN: 204220990)

Verdict: Bob Perks Cancer Assistance Fund appears trustworthy

92/100Mission Score
$652KRevenue
$1.6MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

The Bob Perks Cancer Assistance Fund demonstrates strong financial health and a commendable commitment to its program services. Over the past several years, the organization has consistently grown its revenue and assets, with the latest reported revenue at $652,270 and assets at $1,558,226. This growth indicates a stable and expanding capacity to fulfill its mission. The organization's spending efficiency is excellent, as evidenced by its consistent program spending ratio, which is estimated to be around 85% based on available data. This high percentage of funds directly allocated to programs suggests effective resource management and a focus on direct beneficiary support. Furthermore, the Bob Perks Cancer Assistance Fund exhibits a high degree of transparency, particularly regarding executive compensation. The IRS 990 filings consistently report 0% officer compensation, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. The organization's liabilities have remained very low across all reported periods, consistently under $8,000, which further underscores its financial stability and responsible fiscal management. Overall, the fund appears to be a well-managed and impactful charity.

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Disclaimer

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

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