Lamoille Area Cancer Network Inc
Lamoille Area Cancer Network Inc. maintains strong financial health with zero liabilities and volunteer leadership.
EIN: 205778212 · Morrisville, VT · NTEE: G12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $337K |
| Total Expenses | $138K |
| Program Spending | 90% |
| Net Assets | $458K |
| Transparency Score | 92/100 |
Is Lamoille Area Cancer Network Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lamoille Area Cancer Network Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lamoille Area Cancer Network Inc
Lamoille Area Cancer Network Inc (EIN: 205778212) is a nonprofit organization based in Morrisville, VT, classified under NTEE code G12. The organization reported total revenue of $337K and total assets of $611K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lamoille Area Cancer Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lamoille Area Cancer Network Inc is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $208K |
| Total Expenses | $138K |
| Surplus / Deficit | +$70K |
| Total Assets | $458K |
| Net Assets | $458K |
| Operating Margin | 33.7% |
| Months of Reserves | 39.9 months |
Financial Health Grade: A
In 2021, Lamoille Area Cancer Network Inc reported a surplus of $70K with revenue exceeding expenses, holds 39.9 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Lamoille Area Cancer Network Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +16.0% | -59.5% | +18.0% |
| 2020 | -43.3% | +0.9% | -29.3% |
| 2019 | +3.0% | +33.1% | -3.7% |
| 2018 | -2.5% | +6.7% | +10.3% |
| 2017 | +7.1% | +5.7% | +17.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2007 |
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 Lamoille Area Cancer Network Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Lamoille Area Cancer Network 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $70K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization, which is highly efficient and directs more funds to its mission.
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 Lamoille Area Cancer Network Inc:
- Consistent asset growth ($266,131 in 2012 to $458,126 in 2021)
- Zero liabilities reported across all filing periods
- 0% officer compensation, indicating volunteer leadership and high efficiency
- Generally positive revenue-to-expense ratio, contributing to financial stability
- Consistent IRS 990 filing history demonstrating transparency
Frequently Asked Questions about Lamoille Area Cancer Network Inc
Is Lamoille Area Cancer Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lamoille Area Cancer Network Inc (EIN: 205778212) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Lamoille Area Cancer Network Inc spend its money?
Lamoille Area Cancer Network Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lamoille Area Cancer Network Inc tax-deductible?
Lamoille Area Cancer Network Inc is registered as a tax-exempt nonprofit (EIN: 205778212). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lamoille Area Cancer Network Inc's spending goes to programs?
Lamoille Area Cancer Network Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lamoille Area Cancer Network Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Lamoille Area Cancer Network Inc is above average for NTEE category G12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lamoille Area Cancer Network Inc located?
Lamoille Area Cancer Network Inc is headquartered in Morrisville, Vermont and files with the IRS under EIN 205778212. It is classified under NTEE code G12.
How many years of IRS 990 filings does Lamoille Area Cancer Network Inc have?
Lamoille Area Cancer Network Inc has 11 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 $337K in total revenue.
Is Lamoille Area Cancer Network Inc. a good charity?
Based on the provided financial data, Lamoille Area Cancer Network Inc. appears to be a very good charity. It has a strong financial foundation with growing assets and no liabilities, and its leadership is entirely volunteer-based, ensuring funds are maximized for its mission.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over time. Assets have grown from $266,131 in 2012 to $458,126 in 2021, and it has consistently maintained zero liabilities, indicating robust financial management.
What is the organization's approach to executive compensation?
Lamoille Area Cancer Network Inc. operates with a volunteer leadership model, as evidenced by 0% officer compensation reported in all available IRS 990 filings. This means no funds are used for executive salaries.
Does the organization have any debt?
No, the organization has consistently reported $0 in liabilities across all available IRS 990 filings, indicating it operates debt-free.
Filing History
IRS 990 filing history for Lamoille Area Cancer Network Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Lamoille Area Cancer Network Inc's revenue has declined by 16.9%, moving from $250K to $208K. Total assets increased by 78.4% over the same period, from $257K to $458K. Total functional expenses fell by 30%, from $197K to $138K. In its most recent filing year (2021), Lamoille Area Cancer Network Inc reported a surplus of $70K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $208K | $138K | $458K | $0 | — | View 990 |
| 2020 | $179K | $340K | $388K | $0 | — | — |
| 2019 | $316K | $337K | $549K | $0 | — | View 990 |
| 2018 | $307K | $253K | $571K | $0 | — | View 990 |
| 2017 | $315K | $237K | $517K | $0 | — | View 990 |
| 2016 | $294K | $225K | $440K | $0 | — | View 990 |
| 2015 | $288K | $221K | $371K | $0 | — | View 990 |
| 2014 | $275K | $263K | $304K | $0 | — | View 990 |
| 2013 | $268K | $242K | $292K | $0 | — | View 990 |
| 2012 | $233K | $224K | $266K | $0 | — | View 990 |
| 2011 | $250K | $197K | $257K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $208K, expenses of $138K, and assets of $458K (revenue +16.0% year-over-year).
- 2020: Revenue of $179K, expenses of $340K, and assets of $388K (revenue -43.3% year-over-year).
- 2019: Revenue of $316K, expenses of $337K, and assets of $549K (revenue +3.0% year-over-year).
- 2018: Revenue of $307K, expenses of $253K, and assets of $571K (revenue -2.5% year-over-year).
- 2017: Revenue of $315K, expenses of $237K, and assets of $517K (revenue +7.1% year-over-year).
- 2016: Revenue of $294K, expenses of $225K, and assets of $440K (revenue +2.2% year-over-year).
- 2015: Revenue of $288K, expenses of $221K, and assets of $371K (revenue +4.6% year-over-year).
- 2014: Revenue of $275K, expenses of $263K, and assets of $304K (revenue +2.8% year-over-year).
- 2013: Revenue of $268K, expenses of $242K, and assets of $292K (revenue +14.9% year-over-year).
- 2012: Revenue of $233K, expenses of $224K, and assets of $266K (revenue -6.8% year-over-year).
- 2011: Revenue of $250K, expenses of $197K, and assets of $257K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lamoille Area Cancer Network Inc:
Data Sources and Methodology
This transparency report for Lamoille Area Cancer Network 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.