Quick charity verification for Fight Colorectal Cancer Inc (EIN: 202622550)
Verdict: Fight Colorectal Cancer Inc appears trustworthy
85/100Mission Score
$3.4MRevenue
$4.0MAssets
2Red Flags
4Strengths
Red Flags
Operating deficits in recent fiscal years (e.g., 202306 and 202206), where expenses exceeded revenue.
A decline in total assets from a peak of $5,128,184 in 202006 to $4,417,588 in 202306.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency and dedication to mission.
Strong program focus, with the majority of expenditures likely directed towards direct mission activities.
Maintains a healthy asset base relative to annual revenue, providing some financial cushion.
Long history of IRS 990 filings (13 filings), suggesting transparency and established operations.
Spending Breakdown
How Fight Colorectal Cancer Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
12%
Admin Costs
Reasonable — admin costs in check
8%
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 Fight Colorectal Cancer Inc
Is Fight Colorectal Cancer Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fight Colorectal Cancer Inc (EIN: 202622550) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Fight Colorectal Cancer Inc a good charity to donate to?
Fight Colorectal Cancer Inc has a Mission Score of 85/100. Revenue: $3.4M. Assets: $4.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fight Colorectal Cancer Inc?
The Employer Identification Number (EIN) for Fight Colorectal Cancer Inc is 202622550. 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 Fight Colorectal Cancer Inc spend its money?
Fight Colorectal Cancer Inc allocates 80% to programs, 12% to administration, and 8% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fight Colorectal Cancer Inc's tax-exempt status?
You can verify Fight Colorectal Cancer Inc's tax-exempt status using EIN 202622550 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
Fight Colorectal Cancer Inc demonstrates a commitment to its mission, with program spending consistently forming the largest portion of its expenditures. For instance, in the 202306 period, the organization spent $3,662,785, with a significant portion directed towards programs. However, the organization has experienced periods of deficit spending, such as in 202306 where expenses ($3,662,785) exceeded revenue ($3,060,301), and in 202206 where expenses ($2,968,523) also outpaced revenue ($2,518,270). This trend of spending more than it takes in could impact long-term financial stability if not addressed.
The organization's assets have fluctuated, peaking at $5,128,184 in 202006 and decreasing to $4,417,588 by 202306. While still maintaining a healthy asset base relative to its annual revenue, the recent decline warrants attention. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive indicator of financial transparency and efficiency.
Overall, Fight Colorectal Cancer Inc appears to be a mission-driven organization with good transparency regarding executive compensation. However, the recent trend of operating deficits and declining assets suggests a need for careful financial management to ensure long-term sustainability and continued impact.