Association Of Va Hematology Oncology Inc
Association Of Va Hematology Oncology Inc shows consistent revenue growth and strong asset accumulation with no reported liabilities or officer compensation.
EIN: 203012788 · Lynnwood, WA · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $1.6M |
| Program Spending | 90% |
| Net Assets | $3.4M |
| Transparency Score | 95/100 |
Is Association Of Va Hematology Oncology Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association Of Va Hematology Oncology Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association Of Va Hematology Oncology Inc
Association Of Va Hematology Oncology Inc (EIN: 203012788) is a nonprofit organization based in Lynnwood, WA, classified under NTEE code B90. The organization reported total revenue of $2.9M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Va Hematology Oncology Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Va Hematology Oncology Inc is a mid-size nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 16.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$722K |
| Total Assets | $3.4M |
| Net Assets | $3.4M |
| Operating Margin | 31.5% |
| Months of Reserves | 26.0 months |
Financial Health Grade: A
In 2023, Association Of Va Hematology Oncology Inc reported a surplus of $722K with revenue exceeding expenses, holds 26.0 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Association Of Va Hematology Oncology Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.9% | +8.9% | +26.9% |
| 2022 | +94.0% | +87.3% | +14.4% |
| 2021 | +12.0% | +107.9% | +6.7% |
| 2020 | -37.8% | -63.9% | +25.6% |
| 2019 | +22.6% | +18.8% | +20.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Association Of Va Hematology Oncology Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Association Of Va Hematology Oncology Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $722K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size and revenue, suggesting either volunteer leadership or compensation is reported under other expense categories.
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 Association Of Va Hematology Oncology Inc's IRS 990 filings:
- No reported officer compensation, which is unusual for an organization with over $2 million in annual revenue and may indicate compensation is reported in other categories or leadership is entirely volunteer-based.
Strengths
The following positive indicators were identified for Association Of Va Hematology Oncology Inc:
- Consistent and strong revenue growth, increasing from $428,440 in 2014 to $2,289,776 in 2023.
- Excellent financial stability with zero reported liabilities across all 14 filings.
- Significant asset accumulation, growing from $376,615 in 2014 to $3,403,253 in 2023.
- No reported officer compensation, suggesting a high dedication to mission and efficient use of funds.
- Positive net income in most years, allowing for reinvestment and asset growth.
Frequently Asked Questions about Association Of Va Hematology Oncology Inc
Is Association Of Va Hematology Oncology Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Va Hematology Oncology Inc (EIN: 203012788) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Association Of Va Hematology Oncology Inc spend its money?
Association Of Va Hematology Oncology Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association Of Va Hematology Oncology Inc tax-deductible?
Association Of Va Hematology Oncology Inc is registered as a tax-exempt nonprofit (EIN: 203012788). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Association Of Va Hematology Oncology Inc's spending goes to programs?
Association Of Va Hematology Oncology Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Association Of Va Hematology Oncology Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Association Of Va Hematology Oncology Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Association Of Va Hematology Oncology Inc located?
Association Of Va Hematology Oncology Inc is headquartered in Lynnwood, Washington and files with the IRS under EIN 203012788. It is classified under NTEE code B90.
How many years of IRS 990 filings does Association Of Va Hematology Oncology Inc have?
Association Of Va Hematology Oncology Inc has 14 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 $2.9M in total revenue.
Is Association Of Va Hematology Oncology Inc a good charity?
Based on the provided IRS 990 data, the Association Of Va Hematology Oncology Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, significant asset accumulation, and no reported liabilities. The absence of officer compensation is also a positive indicator of mission focus.
How has the organization's revenue grown over time?
The organization's revenue has shown substantial growth, increasing from $428,440 in 2014 to $2,289,776 in 2023, representing a significant upward trend over the decade.
What is the organization's financial stability?
The organization exhibits excellent financial stability, with assets growing from $376,615 in 2014 to $3,403,253 in 2023, and consistently reporting $0 in liabilities across all filings, indicating a very healthy balance sheet.
Filing History
IRS 990 filing history for Association Of Va Hematology Oncology Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Association Of Va Hematology Oncology Inc's revenue has grown by 593.9%, moving from $330K to $2.3M. Total assets increased by 1210% over the same period, from $260K to $3.4M. Total functional expenses rose by 907.3%, from $156K to $1.6M. In its most recent filing year (2023), Association Of Va Hematology Oncology Inc reported a surplus of $722K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $1.6M | $3.4M | $0 | — | — |
| 2022 | $1.8M | $1.4M | $2.7M | $0 | — | View 990 |
| 2021 | $916K | $769K | $2.3M | $0 | — | View 990 |
| 2020 | $818K | $370K | $2.2M | $0 | — | View 990 |
| 2019 | $1.3M | $1.0M | $1.7M | $0 | — | View 990 |
| 2018 | $1.1M | $862K | $1.5M | $0 | — | View 990 |
| 2017 | $985K | $757K | $1.2M | $0 | — | View 990 |
| 2016 | $934K | $492K | $1.0M | $0 | — | View 990 |
| 2015 | $643K | $445K | $576K | $0 | — | View 990 |
| 2014 | $428K | $552K | $377K | $0 | — | View 990 |
| 2013 | $386K | $311K | $500K | $0 | — | View 990 |
| 2012 | $330K | $300K | $425K | $0 | — | View 990 |
| 2011 | $264K | $129K | $395K | $0 | — | View 990 |
| 2010 | $330K | $156K | $260K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $1.6M, and assets of $3.4M (revenue +28.9% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.4M, and assets of $2.7M (revenue +94.0% year-over-year).
- 2021: Revenue of $916K, expenses of $769K, and assets of $2.3M (revenue +12.0% year-over-year).
- 2020: Revenue of $818K, expenses of $370K, and assets of $2.2M (revenue -37.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.0M, and assets of $1.7M (revenue +22.6% year-over-year).
- 2018: Revenue of $1.1M, expenses of $862K, and assets of $1.5M (revenue +8.9% year-over-year).
- 2017: Revenue of $985K, expenses of $757K, and assets of $1.2M (revenue +5.5% year-over-year).
- 2016: Revenue of $934K, expenses of $492K, and assets of $1.0M (revenue +45.2% year-over-year).
- 2015: Revenue of $643K, expenses of $445K, and assets of $576K (revenue +50.2% year-over-year).
- 2014: Revenue of $428K, expenses of $552K, and assets of $377K (revenue +11.1% year-over-year).
- 2013: Revenue of $386K, expenses of $311K, and assets of $500K (revenue +16.8% year-over-year).
- 2012: Revenue of $330K, expenses of $300K, and assets of $425K (revenue +24.8% year-over-year).
- 2011: Revenue of $264K, expenses of $129K, and assets of $395K (revenue -19.9% year-over-year).
- 2010: Revenue of $330K, expenses of $156K, and assets of $260K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Va Hematology Oncology Inc:
Data Sources and Methodology
This transparency report for Association Of Va Hematology Oncology 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.