Respite Sailing For Cancer Inc
EIN: 465040637 · S Burlington, VT · NTEE: G99
| Metric | Value |
|---|---|
| Total Revenue | $19K |
| Total Expenses | $60K |
| Net Assets | $25K |
Is Respite Sailing For Cancer Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Respite Sailing For Cancer Inc
Respite Sailing For Cancer Inc (EIN: 465040637) is a nonprofit organization based in S Burlington, VT, classified under NTEE code G99. The organization reported total revenue of $19K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Respite Sailing For Cancer Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Respite Sailing For Cancer Inc is a micro nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2017–2022). Revenue has grown at a compound annual rate of -38.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $60K |
| Surplus / Deficit | $-46,643 |
| Total Assets | $25K |
| Total Liabilities | $41 |
| Net Assets | $25K |
| Operating Margin | -358.0% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2022, Respite Sailing For Cancer Inc reported a deficit of $47K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 6 years of filings (2017–2022), Respite Sailing For Cancer Inc's revenue has declined at a compound annual growth rate (CAGR) of -38.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -86.5% | -25.4% | -67.2% |
| 2021 | +564.9% | -43.4% | +31.5% |
| 2020 | -94.3% | -26.2% | -68.9% |
| 2019 | +50.4% | +7.9% | +147.2% |
| 2018 | +16.2% | +69.8% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Respite Sailing For Cancer Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Respite Sailing For Cancer Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Respite Sailing For Cancer Inc
Is Respite Sailing For Cancer Inc a legitimate charity?
Respite Sailing For Cancer Inc (EIN: 465040637) is a registered tax-exempt nonprofit based in Vermont. It has 6 years of IRS 990 filings on record. Total revenue: $19K. No red flags identified. Financial health grade: B.
How does Respite Sailing For Cancer Inc spend its money?
Respite Sailing For Cancer Inc reported $19K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Respite Sailing For Cancer Inc tax-deductible?
Respite Sailing For Cancer Inc is registered as a tax-exempt nonprofit (EIN: 465040637). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Respite Sailing For Cancer Inc located?
Respite Sailing For Cancer Inc is headquartered in S Burlington, Vermont and files with the IRS under EIN 465040637. It is classified under NTEE code G99.
How many years of IRS 990 filings does Respite Sailing For Cancer Inc have?
Respite Sailing For Cancer Inc has 6 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 $19K in total revenue.
Filing History
IRS 990 filing history for Respite Sailing For Cancer Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2017–2022), Respite Sailing For Cancer Inc's revenue has declined by 91.1%, moving from $146K to $13K. Total assets decreased by 69.6% over the same period, from $83K to $25K. Total functional expenses fell by 42.9%, from $105K to $60K. In its most recent filing year (2022), Respite Sailing For Cancer Inc reported a deficit of $47K, with expenses exceeding revenue. The organization holds $41 in liabilities against $25K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $25K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $13K | $60K | $25K | $41 | — | — |
| 2021 | $96K | $80K | $76K | $5K | — | — |
| 2020 | $14K | $141K | $58K | $3K | — | — |
| 2019 | $255K | $191K | $187K | $5K | — | View 990 |
| 2018 | $170K | $178K | $76K | $4K | — | View 990 |
| 2017 | $146K | $105K | $83K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $13K, expenses of $60K, and assets of $25K (revenue -86.5% year-over-year).
- 2021: Revenue of $96K, expenses of $80K, and assets of $76K (revenue +564.9% year-over-year).
- 2020: Revenue of $14K, expenses of $141K, and assets of $58K (revenue -94.3% year-over-year).
- 2019: Revenue of $255K, expenses of $191K, and assets of $187K (revenue +50.4% year-over-year).
- 2018: Revenue of $170K, expenses of $178K, and assets of $76K (revenue +16.2% year-over-year).
- 2017: Revenue of $146K, expenses of $105K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Respite Sailing For Cancer Inc:
Data Sources and Methodology
This transparency report for Respite Sailing For Cancer 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.