Lake Champlain Cancer Research Org Inc
Lake Champlain Cancer Research Org: Declining Revenue, High Administrative Costs
EIN: 222240867 · Essex Jct, VT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $709K |
| Program Spending | 50% |
| Net Assets | $24.2M |
| Transparency Score | 60/100 |
Is Lake Champlain Cancer Research Org Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lake Champlain Cancer Research Org Inc directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Lake Champlain Cancer Research Org Inc
Lake Champlain Cancer Research Org Inc (EIN: 222240867) is a nonprofit organization based in Essex Jct, VT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Champlain Cancer Research Org Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Champlain Cancer Research Org Inc is a mid-size nonprofit, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $709K |
| Surplus / Deficit | +$300K |
| Total Assets | $24.3M |
| Total Liabilities | $112K |
| Net Assets | $24.2M |
| Operating Margin | 29.7% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 411.0 months |
Financial Health Grade: A
In 2017, Lake Champlain Cancer Research Org Inc reported a surplus of $300K with revenue exceeding expenses, holds 411.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2017), Lake Champlain Cancer Research Org Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +464.6% | -12.9% | +9.7% |
| 2016 | -83.1% | -11.2% | +2.1% |
| 2015 | -49.5% | +9.3% | -4.2% |
| 2014 | +138.6% | +31.6% | +3.4% |
| 2013 | +10.0% | +17.8% | +9.8% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lake Champlain Cancer Research Org Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 50%
- fundraising: 20%
According to IRS 990 filings, Lake Champlain Cancer Research Org Inc allocates its expenses as follows: admin: 30%, programs: 50%, fundraising: 20%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $300K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, suggesting either a volunteer-led organization or a lack of transparency regarding specific compensation figures.
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 Lake Champlain Cancer Research Org Inc's IRS 990 filings:
- Significant decline in revenue from $2,089,834 in 2014 to $1,008,150 in 2017.
- Expenses have not decreased proportionally with the decline in revenue, leading to a smaller net income or larger deficit.
- The consistent reporting of 0% compensation for top executives raises questions about how leadership is compensated or if this information is fully disclosed.
Strengths
The following positive indicators were identified for Lake Champlain Cancer Research Org Inc:
- Maintains substantial assets, with total assets consistently above $19 million, indicating financial stability.
- Low liabilities relative to assets, with liabilities ranging from $98,555 to $575,131 over the years.
Frequently Asked Questions about Lake Champlain Cancer Research Org Inc
Is Lake Champlain Cancer Research Org Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Champlain Cancer Research Org Inc (EIN: 222240867) some concerns. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
How does Lake Champlain Cancer Research Org Inc spend its money?
Lake Champlain Cancer Research Org Inc directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lake Champlain Cancer Research Org Inc tax-deductible?
Lake Champlain Cancer Research Org Inc is registered as a tax-exempt nonprofit (EIN: 222240867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lake Champlain Cancer Research Org Inc's spending goes to programs?
Lake Champlain Cancer Research Org Inc directs 50% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Lake Champlain Cancer Research Org Inc located?
Lake Champlain Cancer Research Org Inc is headquartered in Essex Jct, Vermont and files with the IRS under EIN 222240867.
How many years of IRS 990 filings does Lake Champlain Cancer Research Org Inc have?
Lake Champlain Cancer Research Org Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What does Lake Champlain Cancer Research Org Inc do?
Lake Champlain Cancer Research Org Inc is a nonprofit organization in the Unknown sector, located in Essex Jct, Vermont. It is classified under NTEE code Unknown.
How much revenue does Lake Champlain Cancer Research Org Inc have?
Lake Champlain Cancer Research Org Inc reported total revenue of N/A. Based on 7 IRS 990 filings on record.
What are Lake Champlain Cancer Research Org Inc's total assets?
Lake Champlain Cancer Research Org Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Lake Champlain Cancer Research Org Inc located?
Lake Champlain Cancer Research Org Inc is based in Essex Jct, Vermont.
What is Lake Champlain Cancer Research Org Inc's EIN?
Lake Champlain Cancer Research Org Inc's Employer Identification Number (EIN) is 222240867. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Lake Champlain Cancer Research Org Inc?
Lake Champlain Cancer Research Org Inc is classified under NTEE code Unknown (Unknown).
Is Lake Champlain Cancer Research Org Inc a registered 501(c)(3)?
Lake Champlain Cancer Research Org Inc appears in IRS records (EIN: 222240867). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Lake Champlain Cancer Research Org Inc file IRS Form 990?
Yes, Lake Champlain Cancer Research Org Inc has 7 IRS Form 990 filings on record. The most recent covers tax period 201712.
What was Lake Champlain Cancer Research Org Inc's revenue in 2017?
In the 201712 filing period, Lake Champlain Cancer Research Org Inc reported total revenue of $1,008,150, total expenses of $708,559, and net assets of $24,265,541.
Is Lake Champlain Cancer Research Org Inc's revenue growing or declining?
Lake Champlain Cancer Research Org Inc's revenue is growing. Revenue went from $178,545 (201612) to $1,008,150 (201712), a +464.6% change. Based on 7 filings on record.
What is Lake Champlain Cancer Research Org Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Lake Champlain Cancer Research Org Inc covers tax period 201712. It shows revenue of $1,008,150, expenses of $708,559, total assets of $24,265,541, and liabilities of $112,345.
How much does Lake Champlain Cancer Research Org Inc spend on programs vs administration?
Based on IRS 990 analysis, Lake Champlain Cancer Research Org Inc allocates approximately 50% of expenses to program services, 30% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Lake Champlain Cancer Research Org Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Lake Champlain Cancer Research Org Inc shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Lake Champlain Cancer Research Org Inc?
The following concerns were identified: Significant decline in revenue from $2,089,834 in 2014 to $1,008,150 in 2017.. Expenses have not decreased proportionally with the decline in revenue, leading to a smaller net income or larger deficit.. The consistent reporting of 0% compensation for top executives raises questions about how leadership is compensated or if this information is fully disclosed.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Lake Champlain Cancer Research Org Inc's strengths?
Positive indicators for Lake Champlain Cancer Research Org Inc include: Maintains substantial assets, with total assets consistently above $19 million, indicating financial stability.. Low liabilities relative to assets, with liabilities ranging from $98,555 to $575,131 over the years.. These findings are derived from AI analysis of the organization's financial filings.
How does Lake Champlain Cancer Research Org Inc compensate executives?
Executive compensation is reported as 0% in all available filings, suggesting either a volunteer-led organization or a lack of transparency regarding specific compensation figures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 0% executive compensation reported, how does the organization attract and retain leadership, and what is the actual cost of leadership if not reflected in these filings?
The consistent 0% executive compensation suggests either a fully volunteer-run leadership structure or that compensation is being reported under different categories, which would require further investigation to understand the true cost of leadership and its sustainability.
What strategies are being implemented to address the significant and consistent decline in revenue observed since 2014, and how will these impact future program delivery?
The organization's revenue has dropped from over $2 million in 2014 to just over $1 million in 2017. Without specific strategies to reverse this trend, the long-term viability of programs and the organization's mission could be at risk, necessitating a review of fundraising and outreach efforts.
Filing History
IRS 990 filing history for Lake Champlain Cancer Research Org Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Lake Champlain Cancer Research Org Inc's revenue has grown by 17.4%, moving from $859K to $1.0M. Total assets increased by 24.9% over the same period, from $19.4M to $24.3M. Total functional expenses fell by 15.6%, from $840K to $709K. In its most recent filing year (2017), Lake Champlain Cancer Research Org Inc reported a surplus of $300K, with revenue exceeding expenses. The organization holds $112K in liabilities against $24.3M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $24.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $1.0M | $709K | $24.3M | $112K | — | View 990 |
| 2016 | $179K | $813K | $22.1M | $127K | — | View 990 |
| 2015 | $1.1M | $916K | $21.7M | $297K | — | View 990 |
| 2014 | $2.1M | $838K | $22.6M | $243K | — | View 990 |
| 2013 | $876K | $637K | $21.9M | $191K | — | View 990 |
| 2012 | $796K | $541K | $19.9M | $99K | — | View 990 |
| 2011 | $859K | $840K | $19.4M | $575K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $1.0M, expenses of $709K, and assets of $24.3M (revenue +464.6% year-over-year).
- 2016: Revenue of $179K, expenses of $813K, and assets of $22.1M (revenue -83.1% year-over-year).
- 2015: Revenue of $1.1M, expenses of $916K, and assets of $21.7M (revenue -49.5% year-over-year).
- 2014: Revenue of $2.1M, expenses of $838K, and assets of $22.6M (revenue +138.6% year-over-year).
- 2013: Revenue of $876K, expenses of $637K, and assets of $21.9M (revenue +10.0% year-over-year).
- 2012: Revenue of $796K, expenses of $541K, and assets of $19.9M (revenue -7.3% year-over-year).
- 2011: Revenue of $859K, expenses of $840K, and assets of $19.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Champlain Cancer Research Org Inc:
Data Sources and Methodology
This transparency report for Lake Champlain Cancer Research Org 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.