American Friends Of Cancer Research Inc
EIN: 650520985 · Boston, MA · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $7.2M |
| Total Expenses | $3.2M |
| Net Assets | $2.2M |
Is American Friends Of Cancer Research Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About American Friends Of Cancer Research Inc
American Friends Of Cancer Research Inc (EIN: 650520985) is a nonprofit organization based in Boston, MA, classified under NTEE code B82. The organization reported total revenue of $7.2M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Friends Of Cancer Research Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Friends Of Cancer Research Inc is a mid-size nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 39.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.9M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$1.7M |
| Total Assets | $2.2M |
| Total Liabilities | $82K |
| Net Assets | $2.2M |
| Operating Margin | 35.3% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 8.4 months |
Financial Health Grade: A
In 2023, American Friends Of Cancer Research Inc reported a surplus of $1.7M with revenue exceeding expenses, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), American Friends Of Cancer Research Inc's revenue has grown at a compound annual growth rate (CAGR) of 39.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +203.2% | -4.1% | +269.3% |
| 2022 | -75.6% | -28.4% | -72.8% |
| 2021 | +64.1% | +14.0% | +2488.9% |
| 2020 | +1.0% | -2.0% | +2.9% |
| 2019 | -28.1% | -25.3% | -61.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for American Friends Of Cancer Research Inc 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 American Friends Of Cancer Research Inc 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:
- The organization reported a surplus of $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.6%.
Frequently Asked Questions about American Friends Of Cancer Research Inc
Is American Friends Of Cancer Research Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Friends Of Cancer Research Inc (EIN: 650520985) insufficient data. 0 red flags identified, 0 strengths noted.
How does American Friends Of Cancer Research Inc spend its money?
Detailed spending breakdown data is not yet available for American Friends Of Cancer Research Inc. Check back for updated IRS 990 analysis.
Are donations to American Friends Of Cancer Research Inc tax-deductible?
American Friends Of Cancer Research Inc is registered as a tax-exempt nonprofit (EIN: 650520985). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is American Friends Of Cancer Research Inc located?
American Friends Of Cancer Research Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 650520985. It is classified under NTEE code B82.
How many years of IRS 990 filings does American Friends Of Cancer Research Inc have?
American Friends Of Cancer Research Inc has 12 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 $7.2M in total revenue.
Filing History
IRS 990 filing history for American Friends Of Cancer Research Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), American Friends Of Cancer Research Inc's revenue has grown by 3832.1%, moving from $126K to $4.9M. Total assets increased by 1579.6% over the same period, from $134K to $2.2M. Total functional expenses rose by 9637.3%, from $33K to $3.2M. In its most recent filing year (2023), American Friends Of Cancer Research Inc reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $82K in liabilities against $2.2M in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.9M | $3.2M | $2.2M | $82K | — | — |
| 2022 | $1.6M | $3.3M | $609K | $188K | — | View 990 |
| 2021 | $6.7M | $4.7M | $2.2M | $119K | — | View 990 |
| 2020 | $4.1M | $4.1M | $87K | $139 | — | View 990 |
| 2019 | $4.0M | $4.2M | $84K | $0 | — | View 990 |
| 2018 | $5.6M | $5.6M | $217K | $0 | — | View 990 |
| 2017 | $4.2M | $4.4M | $183K | $0 | — | View 990 |
| 2016 | $350K | $25K | $357K | $0 | — | View 990 |
| 2015 | $79K | $89K | $32K | $0 | — | View 990 |
| 2014 | $222K | $206K | $42K | $0 | — | View 990 |
| 2013 | $206K | $314K | $26K | $0 | — | View 990 |
| 2012 | $126K | $33K | $134K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.9M, expenses of $3.2M, and assets of $2.2M (revenue +203.2% year-over-year).
- 2022: Revenue of $1.6M, expenses of $3.3M, and assets of $609K (revenue -75.6% year-over-year).
- 2021: Revenue of $6.7M, expenses of $4.7M, and assets of $2.2M (revenue +64.1% year-over-year).
- 2020: Revenue of $4.1M, expenses of $4.1M, and assets of $87K (revenue +1.0% year-over-year).
- 2019: Revenue of $4.0M, expenses of $4.2M, and assets of $84K (revenue -28.1% year-over-year).
- 2018: Revenue of $5.6M, expenses of $5.6M, and assets of $217K (revenue +33.7% year-over-year).
- 2017: Revenue of $4.2M, expenses of $4.4M, and assets of $183K (revenue +1100.2% year-over-year).
- 2016: Revenue of $350K, expenses of $25K, and assets of $357K (revenue +344.2% year-over-year).
- 2015: Revenue of $79K, expenses of $89K, and assets of $32K (revenue -64.5% year-over-year).
- 2014: Revenue of $222K, expenses of $206K, and assets of $42K (revenue +7.9% year-over-year).
- 2013: Revenue of $206K, expenses of $314K, and assets of $26K (revenue +63.6% year-over-year).
- 2012: Revenue of $126K, expenses of $33K, and assets of $134K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Friends Of Cancer Research Inc:
Data Sources and Methodology
This transparency report for American Friends Of Cancer Research Inc 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.