Quick charity verification for Richardson County Cancer Fund Inc (EIN: 134317614)
Verdict: Richardson County Cancer Fund Inc appears trustworthy
92/100Mission Score
$100KRevenue
$766KAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data, making precise efficiency calculations difficult without full 990 forms.
Significant liability reported in 2018 ($407,711) without clear context, though resolved in subsequent years.
Strengths
Consistent asset growth, from $283,994 in 2014 to $697,483 in 2023.
Zero officer compensation reported across all filings, indicating volunteer leadership and low administrative costs.
No reported liabilities in recent years (2019-2023), demonstrating strong financial health.
Consistent filing of IRS 990 forms over 13 periods, indicating good transparency.
Expenses consistently lower than revenue, suggesting efficient use of funds and accumulation of resources for mission.
Spending Breakdown
How Richardson County Cancer Fund Inc 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 Richardson County Cancer Fund Inc
Is Richardson County Cancer Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Richardson County Cancer Fund Inc (EIN: 134317614) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Richardson County Cancer Fund Inc a good charity to donate to?
Richardson County Cancer Fund Inc has a Mission Score of 92/100. Revenue: $100K. Assets: $766K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Richardson County Cancer Fund Inc?
The Employer Identification Number (EIN) for Richardson County Cancer Fund Inc is 134317614. 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 Richardson County Cancer Fund Inc spend its money?
Richardson County Cancer Fund Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Richardson County Cancer Fund Inc's tax-exempt status?
You can verify Richardson County Cancer Fund Inc's tax-exempt status using EIN 134317614 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
The Richardson County Cancer Fund Inc demonstrates a consistent pattern of strong financial health and program focus. Over the past several years, the organization has maintained a healthy asset base, growing from $283,994 in 2014 to $697,483 in 2023, with no reported liabilities in recent filings, indicating sound financial management. Their program spending efficiency appears high, as evidenced by the significant difference between revenue and expenses in most years, suggesting a substantial portion of funds are directed towards their mission or retained for future program delivery. For instance, in 2023, with revenues of $46,328 and expenses of $30,182, a large percentage of funds were available for programs or asset growth.
The organization's transparency is bolstered by its consistent IRS 990 filings over 13 periods, providing a clear historical financial record. The absence of officer compensation reported across all available filings further enhances their transparency and suggests a volunteer-driven leadership model, which can lead to lower administrative costs. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the overall financial picture points to an organization that prioritizes its mission and manages its resources prudently.