Quick charity verification for The Cancer Foundation Inc (EIN: 203378035)
Verdict: The Cancer Foundation Inc appears trustworthy
90/100Mission Score
$1.4MRevenue
$2.5MAssets
2Red Flags
5Strengths
Red Flags
Unusually low reported liabilities relative to assets, which could warrant further investigation into financial reporting details.
0% officer compensation reported across all filings, which is atypical for an organization of this size and could indicate compensation is reported under other expense categories or that leadership is entirely volunteer, requiring clarification for full transparency.
Strengths
Consistent revenue growth, from $419,079 in 2014 to $1,164,045 in 2023, demonstrating increasing support.
Significant asset accumulation, growing from $557,555 in 2014 to $2,199,993 in 2023, indicating strong financial health.
Low liabilities relative to assets, suggesting sound financial management and minimal debt burden.
Consistent operating surpluses, with revenues exceeding expenses in most years (e.g., $1,164,045 revenue vs. $1,078,250 expenses in 2023).
Reported 0% officer compensation, potentially indicating a high dedication to mission spending or volunteer leadership.
Spending Breakdown
How The Cancer Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 The Cancer Foundation Inc
Is The Cancer Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Cancer Foundation Inc (EIN: 203378035) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is The Cancer Foundation Inc a good charity to donate to?
The Cancer Foundation Inc has a Mission Score of 90/100. Revenue: $1.4M. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Cancer Foundation Inc?
The Employer Identification Number (EIN) for The Cancer Foundation Inc is 203378035. 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 The Cancer Foundation Inc spend its money?
The Cancer Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Cancer Foundation Inc's tax-exempt status?
You can verify The Cancer Foundation Inc's tax-exempt status using EIN 203378035 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 Cancer Foundation Inc demonstrates consistent financial health with a positive trend in revenue and assets over the past decade. In the latest filing (202312), the organization reported revenues of $1,164,045 against expenses of $1,078,250, indicating a healthy operating surplus. Its assets have grown significantly from $557,555 in 2014 to $2,199,993 in 2023, suggesting effective asset management and financial stability. The organization's liabilities remain low, at $51,202 in 2023, which is a positive indicator of fiscal responsibility.
Spending efficiency appears strong, as the organization consistently operates with a surplus, allowing for asset growth. A key aspect of its transparency is the reported 0% officer compensation across all available filings, which suggests that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, or that the organization is very lean at the top. This practice, if it means no compensation for top leadership, could be seen as a strong commitment to directing funds towards its mission.
Overall, The Cancer Foundation Inc exhibits sound financial management, a growing asset base, and a commitment to keeping liabilities low. The absence of reported officer compensation is a notable point regarding its operational model and transparency, indicating a potential focus on maximizing program spending.