Alphamed Cancer Foundation
EIN: 421564194 · Durham, NC · NTEE: T21
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $37K |
| Net Assets | $4.3M |
Is Alphamed Cancer Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alphamed Cancer Foundation
Alphamed Cancer Foundation (EIN: 421564194) is a nonprofit organization based in Durham, NC, classified under NTEE code T21. The organization reported total revenue of $1.9M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alphamed Cancer Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alphamed Cancer Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -306.3% | -27.5% | -7.5% |
| 2022 | -78.9% | -43.4% | +2.2% |
| 2021 | +49.1% | -63.8% | +16.2% |
| 2020 | +9.5% | +7.3% | +6.7% |
| 2019 | -33.4% | -2.4% | +78.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alphamed Cancer Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alphamed Cancer Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Alphamed Cancer Foundation
Is Alphamed Cancer Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Alphamed Cancer Foundation (EIN: 421564194) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alphamed Cancer Foundation spend its money?
Detailed spending breakdown data is not yet available for Alphamed Cancer Foundation. Check back for updated IRS 990 analysis.
Are donations to Alphamed Cancer Foundation tax-deductible?
Alphamed Cancer Foundation is registered as a tax-exempt nonprofit (EIN: 421564194). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alphamed Cancer Foundation located?
Alphamed Cancer Foundation is headquartered in Durham, North Carolina and files with the IRS under EIN 421564194. It is classified under NTEE code T21.
How many years of IRS 990 filings does Alphamed Cancer Foundation have?
Alphamed Cancer Foundation has 10 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Alphamed Cancer Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Alphamed Cancer Foundation's revenue has declined by 275.3%, moving from $180K to $-316,465. Total assets increased by 272.6% over the same period, from $1.2M to $4.3M. Total functional expenses fell by 72%, from $132K to $37K. The organization holds $5 in liabilities against $4.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-316,465 | $37K | $4.3M | $5 | — | — |
| 2022 | $153K | $51K | $4.7M | $1 | — | View 990 |
| 2021 | $728K | $90K | $4.6M | $1 | — | View 990 |
| 2020 | $488K | $249K | $4.0M | $1 | — | — |
| 2019 | $446K | $232K | $3.7M | $1 | — | — |
| 2015 | $670K | $237K | $2.1M | $102K | — | View 990 |
| 2014 | $295K | $153K | $1.7M | $127K | — | View 990 |
| 2013 | $357K | $163K | $1.5M | $98K | — | View 990 |
| 2012 | $236K | $165K | $1.3M | $103K | — | View 990 |
| 2011 | $180K | $132K | $1.2M | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-316,465, expenses of $37K, and assets of $4.3M (revenue -306.3% year-over-year).
- 2022: Revenue of $153K, expenses of $51K, and assets of $4.7M (revenue -78.9% year-over-year).
- 2021: Revenue of $728K, expenses of $90K, and assets of $4.6M (revenue +49.1% year-over-year).
- 2020: Revenue of $488K, expenses of $249K, and assets of $4.0M (revenue +9.5% year-over-year).
- 2019: Revenue of $446K, expenses of $232K, and assets of $3.7M (revenue -33.4% year-over-year).
- 2015: Revenue of $670K, expenses of $237K, and assets of $2.1M (revenue +126.9% year-over-year).
- 2014: Revenue of $295K, expenses of $153K, and assets of $1.7M (revenue -17.3% year-over-year).
- 2013: Revenue of $357K, expenses of $163K, and assets of $1.5M (revenue +51.4% year-over-year).
- 2012: Revenue of $236K, expenses of $165K, and assets of $1.3M (revenue +30.5% year-over-year).
- 2011: Revenue of $180K, expenses of $132K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alphamed Cancer Foundation:
Data Sources and Methodology
This transparency report for Alphamed Cancer Foundation 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.