Is Sid Weber Memorial Cancer Fund Legit?

Quick charity verification for Sid Weber Memorial Cancer Fund (EIN: 202394931)

Verdict: Sid Weber Memorial Cancer Fund appears trustworthy

95/100Mission Score
$197KRevenue
$427KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Sid Weber Memorial Cancer Fund allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Sid Weber Memorial Cancer Fund

Is Sid Weber Memorial Cancer Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Sid Weber Memorial Cancer Fund (EIN: 202394931) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Sid Weber Memorial Cancer Fund a good charity to donate to?

Sid Weber Memorial Cancer Fund has a Mission Score of 95/100. Revenue: $197K. Assets: $427K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Sid Weber Memorial Cancer Fund?

The Employer Identification Number (EIN) for Sid Weber Memorial Cancer Fund is 202394931. 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 Sid Weber Memorial Cancer Fund spend its money?

Sid Weber Memorial Cancer Fund allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Sid Weber Memorial Cancer Fund's tax-exempt status?

You can verify Sid Weber Memorial Cancer Fund's tax-exempt status using EIN 202394931 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 Sid Weber Memorial Cancer Fund demonstrates strong financial health and a clear commitment to its mission, as evidenced by its consistent growth in assets and efficient spending. In the latest reported period (202312), the organization generated $177,799 in revenue against $89,240 in expenses, resulting in a significant surplus that contributed to its growing asset base of $371,064. Over the past five years, assets have more than doubled from $179,316 in 2019 to $371,064 in 2023, indicating sound financial management and an ability to build reserves. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and low risk. The fund's spending efficiency is commendable, with a high proportion of expenses directed towards program services. The absence of officer compensation further reinforces its dedication to maximizing direct impact. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall low expense ratio relative to revenue in most years suggests efficient operations. The organization's consistent filing of IRS 990 forms over 13 periods demonstrates a commitment to transparency, allowing public scrutiny of its financial activities.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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