No red flags identified.
AI Transparency Report
Grant County Cancer Coalition Inc demonstrates consistent financial health with a positive net asset growth over the past decade, increasing from $135,057 in 2014 to $313,114 in 2023. The organization consistently operates with no liabilities, indicating strong financial management and a low-risk profile. Their revenue has shown fluctuations, with a notable peak of $189,954 in 2022, but generally maintains a healthy surplus of revenue over expenses, as seen in 2023 where revenue was $113,321 against expenses of $111,679. This consistent surplus contributes to their growing asset base.
The organization's spending efficiency appears strong, particularly given the absence of officer compensation across all reported periods, suggesting that leadership is likely volunteer-based, which maximizes funds available for programs. While specific program spending percentages are not detailed in the provided data, the overall low expense ratios relative to revenue, and the consistent asset growth, imply a focus on mission-related activities. The lack of liabilities further enhances their financial stability and transparency, as there are no outstanding debts to obscure their financial picture.
Transparency is high due to the consistent filing of IRS Form 990s and the clear financial statements showing no liabilities and zero officer compensation. This commitment to regular reporting and the straightforward financial structure make it easy for stakeholders to understand the organization's financial position. The steady growth in assets, coupled with prudent expense management, paints a picture of a well-managed and financially responsible nonprofit dedicated to its mission.