Alcon Cares Incorporated
Alcon Cares Incorporated consistently expends all revenue on programs, maintaining minimal assets and zero officer compensation.
EIN: 204118713 · Fort Worth, TX · NTEE: T23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $2.8M |
| Program Spending | 100% |
| CEO/Top Officer Pay | $2.8 |
| Net Assets | $0 |
| Transparency Score | 90/100 |
Is Alcon Cares Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alcon Cares Incorporated directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alcon Cares Incorporated
Alcon Cares Incorporated (EIN: 204118713) is a nonprofit organization based in Fort Worth, TX, classified under NTEE code T23. The organization reported total revenue of $3.1M and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alcon Cares Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alcon Cares Incorporated is a mid-size nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$0 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Alcon Cares Incorporated reported a surplus of $0 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 9 years of filings (2011–2023), Alcon Cares Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 23.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.4% | +48.4% | +0.0% |
| 2022 | +4.2% | +4.2% | +0.0% |
| 2021 | +63.4% | +63.4% | +0.0% |
| 2020 | -46.7% | -46.7% | +0.0% |
| 2019 | +1081.1% | +1081.1% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alcon Cares Incorporated with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Alcon Cares Incorporated allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers receive direct compensation from Alcon Cares Incorporated, which is highly unusual for an organization with revenues reaching nearly $2.8 million in 2023.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Alcon Cares Incorporated's IRS 990 filings:
- Consistent $1 asset base despite significant revenue, suggesting a pass-through model that lacks financial resilience.
- Exact matching of revenue and expenses across all periods, which can obscure detailed operational costs if not fully transparent in other sections of the 990.
Strengths
The following positive indicators were identified for Alcon Cares Incorporated:
- 100% program spending ratio, as all reported expenses match revenue, indicating direct application of funds to mission.
- Zero officer compensation, suggesting a highly efficient or externally supported administrative structure.
- Consistent growth in revenue, from $226,921 in 2011 to $2,788,919 in 2023, indicating increasing support and program reach.
Frequently Asked Questions about Alcon Cares Incorporated
Is Alcon Cares Incorporated a legitimate charity?
Alcon Cares Incorporated (EIN: 204118713) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 90/100. It has 9 years of IRS 990 filings on record. Total revenue: $3.1M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Alcon Cares Incorporated spend its money?
Alcon Cares Incorporated directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Alcon Cares Incorporated tax-deductible?
Alcon Cares Incorporated is registered as a tax-exempt nonprofit (EIN: 204118713). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Alcon Cares Incorporated CEO make?
Alcon Cares Incorporated's highest-compensated officer earns $2.8 annually. The organization reported $3.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Alcon Cares Incorporated compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Alcon Cares Incorporated is above average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Alcon Cares Incorporated located?
Alcon Cares Incorporated is headquartered in Fort Worth, Texas and files with the IRS under EIN 204118713. It is classified under NTEE code T23.
How many years of IRS 990 filings does Alcon Cares Incorporated have?
Alcon Cares Incorporated has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.1M in total revenue.
How does Alcon Cares Incorporated manage its administrative and fundraising costs if they report 0% in these categories?
The consistent reporting of 0% for officer compensation and the exact matching of revenue and expenses suggest that administrative and fundraising functions are likely absorbed and funded by a related entity, such as Alcon, the parent corporation, or are managed entirely by volunteers.
What is the nature of the 'assets=$1, liabilities=$1' reported consistently?
This minimal asset and liability reporting indicates a pass-through financial model where funds are received and immediately disbursed, leaving no significant financial reserves or obligations on the books at the end of the reporting period. It could represent a nominal placeholder.
Is the organization's financial model sustainable without any significant assets or reserves?
While the model ensures all incoming funds are directly applied to programs, the lack of assets or reserves means the organization is entirely dependent on continuous incoming revenue. Any disruption in funding could immediately impact its ability to operate or fulfill commitments.
Filing History
IRS 990 filing history for Alcon Cares Incorporated showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Alcon Cares Incorporated's revenue has grown by 1129%, moving from $227K to $2.8M. Total functional expenses rose by 1129%, from $227K to $2.8M. In its most recent filing year (2023), Alcon Cares Incorporated reported a surplus of $0, with revenue exceeding expenses. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.8M | $1 | $1 | — | — |
| 2022 | $1.9M | $1.9M | $1 | $1 | — | View 990 |
| 2021 | $1.8M | $1.8M | $1 | $1 | — | View 990 |
| 2020 | $1.1M | $1.1M | $1 | $1 | — | View 990 |
| 2019 | $2.1M | $2.1M | $1 | $1 | — | View 990 |
| 2014 | $175K | $175K | $1 | $0 | — | View 990 |
| 2013 | $249K | $249K | $1 | $0 | — | View 990 |
| 2012 | $223K | $223K | $1 | $0 | — | View 990 |
| 2011 | $227K | $227K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.8M, and assets of $1 (revenue +48.4% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.9M, and assets of $1 (revenue +4.2% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.8M, and assets of $1 (revenue +63.4% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $1 (revenue -46.7% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.1M, and assets of $1 (revenue +1081.1% year-over-year).
- 2014: Revenue of $175K, expenses of $175K, and assets of $1 (revenue -29.6% year-over-year).
- 2013: Revenue of $249K, expenses of $249K, and assets of $1 (revenue +11.8% year-over-year).
- 2012: Revenue of $223K, expenses of $223K, and assets of $1 (revenue -1.9% year-over-year).
- 2011: Revenue of $227K, expenses of $227K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alcon Cares Incorporated:
Data Sources and Methodology
This transparency report for Alcon Cares Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.