Lazarex Cancer Foundation
Lazarex Cancer Foundation consistently dedicates over 80% of expenses to programs but has faced recent operational deficits.
EIN: 202562494 · Danville, CA · NTEE: B90 · Updated: 2026-03-28
Is Lazarex Cancer Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lazarex Cancer Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lazarex Cancer Foundation
Lazarex Cancer Foundation (EIN: 202562494) is a nonprofit organization based in Danville, CA, classified under NTEE code B90. The organization reported total revenue of $2.7M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lazarex Cancer Foundation'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 Lazarex Cancer Foundation with a Mission Score of 85 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, Lazarex Cancer Foundation 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
Lazarex Cancer Foundation reports 0% officer compensation across all available filings, indicating that its executive leadership does not receive salaries, which is a strong positive for donor trust and resource allocation to programs.
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 Lazarex Cancer Foundation's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2023 expenses $6.2M vs revenue $3.7M)
- Significant decrease in assets from $6.9M in 2022 to $4.1M in 2023
- Increase in liabilities from $1.57M in 2023 compared to $927K in 2021
Strengths
The following positive indicators were identified for Lazarex Cancer Foundation:
- High percentage of spending dedicated to program services (approx. 85% in 2023)
- No reported officer compensation, indicating strong commitment to mission and efficient use of funds for leadership
- Long history of IRS 990 filings, demonstrating transparency
- Strong asset base in previous years, providing a buffer against deficits
Frequently Asked Questions about Lazarex Cancer Foundation
Is Lazarex Cancer Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lazarex Cancer Foundation (EIN: 202562494) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Lazarex Cancer Foundation spend its money?
Lazarex Cancer Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lazarex Cancer Foundation tax-deductible?
Lazarex Cancer Foundation is registered as a tax-exempt nonprofit (EIN: 202562494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lazarex Cancer Foundation financially sustainable given recent deficits?
The organization has experienced expenses exceeding revenue in 2023 ($6,230,037 vs $3,734,815), 2022 ($4,988,333 vs $3,289,365), and 2021 ($3,280,353 vs $2,597,040). While it has substantial assets, this trend of operational deficits warrants attention for long-term sustainability.
What caused the significant decrease in assets from 2022 to 2023?
Assets decreased from $6,902,437 in 2022 to $4,149,538 in 2023, a reduction of over $2.7 million. This could be due to increased program spending, investment losses, or other financial activities, which would require a deeper dive into the detailed financial statements.
How does the organization fund its operations without executive compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be volunteer-based or compensated through other means not classified as officer compensation on the 990, or that the organization operates with a very lean administrative structure at the top.
Filing History
IRS 990 filing history for Lazarex Cancer Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lazarex Cancer Foundation's revenue has grown by 291%, moving from $955K to $3.7M. Total assets increased by 680.3% over the same period, from $532K to $4.1M. Total functional expenses rose by 1321.3%, from $438K to $6.2M. In its most recent filing year (2023), Lazarex Cancer Foundation reported a deficit of $2.5M, with expenses exceeding revenue. The organization holds $1.6M in liabilities against $4.1M in assets (debt-to-asset ratio: 37.9%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $6.2M | $4.1M | $1.6M | — | View 990 |
| 2022 | $3.3M | $5.0M | $6.9M | $1.8M | — | View 990 |
| 2021 | $2.6M | $3.3M | $7.7M | $928K | — | View 990 |
| 2020 | $2.4M | $2.9M | $8.0M | $566K | — | — |
| 2019 | $7.4M | $2.7M | $8.2M | $282K | — | View 990 |
| 2018 | $3.0M | $2.2M | $3.3M | $125K | — | View 990 |
| 2017 | $5.4M | $3.3M | $2.6M | $199K | — | — |
| 2016 | $2.5M | $2.6M | $590K | $205K | — | View 990 |
| 2015 | $2.4M | $2.3M | $680K | $181K | — | View 990 |
| 2014 | $2.4M | $2.1M | $642K | $244K | — | View 990 |
| 2013 | $984K | $1.3M | $342K | $182K | — | View 990 |
| 2012 | $752K | $781K | $526K | $34K | — | View 990 |
| 2011 | $955K | $438K | $532K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $6.2M, and assets of $4.1M (revenue +13.5% year-over-year).
- 2022: Revenue of $3.3M, expenses of $5.0M, and assets of $6.9M (revenue +26.7% year-over-year).
- 2021: Revenue of $2.6M, expenses of $3.3M, and assets of $7.7M (revenue +10.1% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.9M, and assets of $8.0M (revenue -68.2% year-over-year).
- 2019: Revenue of $7.4M, expenses of $2.7M, and assets of $8.2M (revenue +147.0% year-over-year).
- 2018: Revenue of $3.0M, expenses of $2.2M, and assets of $3.3M (revenue -43.9% year-over-year).
- 2017: Revenue of $5.4M, expenses of $3.3M, and assets of $2.6M (revenue +115.5% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.6M, and assets of $590K (revenue +5.1% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.3M, and assets of $680K (revenue -0.5% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.1M, and assets of $642K (revenue +141.9% year-over-year).
- 2013: Revenue of $984K, expenses of $1.3M, and assets of $342K (revenue +30.8% year-over-year).
- 2012: Revenue of $752K, expenses of $781K, and assets of $526K (revenue -21.2% year-over-year).
- 2011: Revenue of $955K, expenses of $438K, and assets of $532K.
Data Sources and Methodology
This transparency report for Lazarex Cancer Foundation 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.