Quick charity verification for Oncon Charitable Foundation (EIN: 204203807)
Verdict: Oncon Charitable Foundation has notable concerns
20/100Mission Score
$61Revenue
$58KAssets
4Red Flags
2Strengths
Red Flags
Consistent and significant deficit spending (e.g., $63 revenue vs. $1,630 expenses in 2023).
Declining asset base over time (from $97,742 in 2011 to $61,955 in 2023).
Extremely low revenue generation in recent years (e.g., $63 in 2023, $73 in 2022).
Lack of clear program spending details in summary data, making impact assessment difficult.
Strengths
Zero officer compensation reported across all filings.
Minimal liabilities ($1-$2) indicating no significant debt.
Spending Breakdown
How Oncon Charitable Foundation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
0%
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 Oncon Charitable Foundation
Is Oncon Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Oncon Charitable Foundation (EIN: 204203807) has notable concerns. Mission Score: 20/100. 4 red flags identified, 2 strengths noted.
Is Oncon Charitable Foundation a good charity to donate to?
Oncon Charitable Foundation has a Mission Score of 20/100. Revenue: $61. Assets: $58K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Oncon Charitable Foundation?
The Employer Identification Number (EIN) for Oncon Charitable Foundation is 204203807. 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 Oncon Charitable Foundation spend its money?
Oncon Charitable Foundation allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Oncon Charitable Foundation's tax-exempt status?
You can verify Oncon Charitable Foundation's tax-exempt status using EIN 204203807 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
Oncon Charitable Foundation exhibits concerning financial trends, with expenses consistently and significantly exceeding revenue over the past several years. For instance, in 2023, the organization reported revenue of $63 against expenses of $1,630, and in 2022, revenue was $73 while expenses reached $11,311. This pattern of deficit spending, coupled with a declining asset base from $97,742 in 2011 to $61,955 in 2023, raises serious questions about its long-term financial sustainability and operational model. The organization's NTEE code T20 suggests it is a grantmaking foundation, but the lack of substantial revenue generation or significant program expenses reported in the available data makes it difficult to assess its actual impact or spending efficiency in this capacity.
The organization's transparency is somewhat limited by the available data, as detailed breakdowns of expenses (program, administrative, fundraising) are not provided in the summary. However, the consistent reporting of zero officer compensation across all filings is a positive indicator regarding executive pay. The minimal liabilities reported ($1-$2) suggest a lack of significant debt, which is a strength. Despite this, the overall financial picture points to an organization struggling to maintain its financial footing, with its assets being depleted to cover ongoing operational costs rather than growing to support its mission.