Bob Perks Cancer Assistance Fund

Is Bob Perks Cancer Assistance Fund Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Bob Perks Cancer Assistance Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Bob Perks Cancer Assistance Fund

Bob Perks Cancer Assistance Fund (EIN: 204220990) is a nonprofit organization based in State College, PA, classified under NTEE code P99. The organization reported total revenue of $652K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bob Perks Cancer Assistance Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bob Perks Cancer Assistance Fund with a Mission Score of 92 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: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, Bob Perks Cancer Assistance Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available IRS 990 filings, indicating that the organization's leadership is not compensated through traditional officer salaries, which is highly favorable for a nonprofit of its size with assets exceeding $1.5 million.

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.

Strengths

The following positive indicators were identified for Bob Perks Cancer Assistance Fund:

• Consistent revenue and asset growth, indicating increasing capacity and stability.
• 0% reported officer compensation across all filings, demonstrating high transparency and dedication.
• Very low liabilities, consistently under $8,000, reflecting excellent financial management.
• Strong program spending ratio, estimated at 85%, ensuring most funds go directly to beneficiaries.
• Positive net assets growth over the past decade, building a solid financial foundation.

Frequently Asked Questions about Bob Perks Cancer Assistance Fund

Filing History

IRS 990 filing history for Bob Perks Cancer Assistance Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Bob Perks Cancer Assistance Fund's revenue has grown by 237%, moving from $157K to $530K. Total assets increased by 997.2% over the same period, from $146K to $1.6M. Total functional expenses rose by 195.4%, from $161K to $474K. In its most recent filing year (2023), Bob Perks Cancer Assistance Fund reported a surplus of $56K, with revenue exceeding expenses. The organization holds $5K in liabilities against $1.6M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $1.6M.

Year-by-Year Financial Summary

• 2023: Revenue of $530K, expenses of $474K, and assets of $1.6M (revenue +17.1% year-over-year).
• 2022: Revenue of $453K, expenses of $395K, and assets of $1.5M (revenue +19.8% year-over-year).
• 2021: Revenue of $378K, expenses of $290K, and assets of $1.5M (revenue +4.7% year-over-year).
• 2020: Revenue of $361K, expenses of $267K, and assets of $1.4M (revenue +10.5% year-over-year).
• 2019: Revenue of $327K, expenses of $341K, and assets of $1.3M (revenue -13.5% year-over-year).
• 2018: Revenue of $377K, expenses of $361K, and assets of $1.3M (revenue -71.4% year-over-year).
• 2017: Revenue of $1.3M, expenses of $213K, and assets of $1.3M (revenue +406.9% year-over-year).
• 2016: Revenue of $261K, expenses of $260K, and assets of $105K (revenue +7.7% year-over-year).
• 2015: Revenue of $242K, expenses of $244K, and assets of $103K (revenue +18.9% year-over-year).
• 2014: Revenue of $203K, expenses of $260K, and assets of $105K (revenue -5.3% year-over-year).
• 2013: Revenue of $215K, expenses of $217K, and assets of $163K (revenue +3.7% year-over-year).
• 2012: Revenue of $207K, expenses of $190K, and assets of $163K (revenue +31.7% year-over-year).
• 2011: Revenue of $157K, expenses of $161K, and assets of $146K.

Data Sources and Methodology

This transparency report for Bob Perks Cancer Assistance Fund 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.