AI Transparency Report
Cancer Care Northwest Foundation demonstrates a generally stable financial position with consistent revenue streams, though with some fluctuations. In the latest period (202306), the organization reported revenue of $168,915 against expenses of $115,535, indicating a surplus. Its assets have shown steady growth, reaching $549,960 in 202306, with no reported liabilities, which is a strong indicator of financial health. The organization's commitment to transparency is evident through its consistent filing of IRS Form 990s over 13 periods, and the absence of officer compensation further enhances its public trust.
The foundation appears to manage its spending efficiently, with expenses generally well below revenue in most recent periods. For instance, in 202306, expenses were approximately 68% of revenue. The consistent reporting of 0% officer compensation across all available filings suggests that the organization is primarily volunteer-driven at the executive level or that compensation is covered by an affiliated entity, which is a positive sign for donor confidence. The NTEE code P50 (Voluntary Health Associations & Medical Disciplines) aligns with its mission, and its financial activities seem consistent with supporting cancer care.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests a well-managed organization. The growth in assets without corresponding liabilities in recent years indicates prudent financial management and a focus on building reserves. The foundation's long filing history and consistent financial reporting contribute positively to its transparency profile.