Quick charity verification for Challenge To Conquer Cancer (EIN: 205058568)
Verdict: Challenge To Conquer Cancer appears trustworthy
85/100Mission Score
$180KRevenue
$3KAssets
1Red Flags
4Strengths
Red Flags
Very low asset base ($2,585 in 2023) could indicate limited financial reserves for unexpected events or future growth initiatives.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
Minimal liabilities ($0 in 2023), suggesting sound debt management.
Consistent revenue generation over a decade, demonstrating stable donor support.
Lean operational model, maximizing funds for direct program activities.
Spending Breakdown
How Challenge To Conquer Cancer allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 Challenge To Conquer Cancer
Is Challenge To Conquer Cancer a legitimate charity?
Based on AI analysis of IRS 990 filings, Challenge To Conquer Cancer (EIN: 205058568) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Challenge To Conquer Cancer a good charity to donate to?
Challenge To Conquer Cancer has a Mission Score of 85/100. Revenue: $180K. Assets: $3K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Challenge To Conquer Cancer?
The Employer Identification Number (EIN) for Challenge To Conquer Cancer is 205058568. 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 Challenge To Conquer Cancer spend its money?
Challenge To Conquer Cancer allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Challenge To Conquer Cancer's tax-exempt status?
You can verify Challenge To Conquer Cancer's tax-exempt status using EIN 205058568 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
Challenge To Conquer Cancer demonstrates consistent financial activity, with revenues fluctuating between approximately $105,000 and $244,000 over the past decade. The organization generally operates close to break-even, with expenses often slightly exceeding or falling just below revenues, as seen in 2023 where expenses of $189,968 slightly surpassed revenues of $187,930. A notable aspect is the consistently low asset base, with the latest reported assets at $2,585 and liabilities at $0, indicating a lean operational model and minimal reserves. This suggests the organization relies heavily on current year funding to cover its expenses.
The organization appears to be highly efficient in its spending, particularly given that officer compensation has consistently been reported as 0% across all available filings. This indicates that leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is a strong indicator of program focus. The lack of significant assets or liabilities also points to a straightforward financial structure, which can contribute to transparency. However, the absence of detailed expense breakdowns in the provided data makes it challenging to fully assess the exact allocation between program, administrative, and fundraising costs.
Overall, Challenge To Conquer Cancer exhibits a commitment to its mission through its lean operations and lack of executive compensation. While the low asset base could be a vulnerability in times of unexpected financial strain, the consistent revenue generation and minimal liabilities suggest a stable, albeit tightly managed, financial position. Further transparency on detailed expense categories would enhance the understanding of its spending efficiency.