Ruth Newman Shapiro Cancer Memorial Fund
EIN: 226063955 · Ventnor, NJ
| Metric | Value |
|---|---|
| Total Revenue | $336K |
| Total Expenses | $241K |
| Net Assets | $3.4M |
Is Ruth Newman Shapiro Cancer Memorial Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ruth Newman Shapiro Cancer Memorial Fund
Ruth Newman Shapiro Cancer Memorial Fund (EIN: 226063955) is a nonprofit organization based in Ventnor, NJ. The organization reported total revenue of $336K and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ruth Newman Shapiro Cancer Memorial Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ruth Newman Shapiro Cancer Memorial Fund is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $360K |
| Total Expenses | $241K |
| Surplus / Deficit | +$120K |
| Total Assets | $3.4M |
| Net Assets | $3.4M |
| Operating Margin | 33.2% |
| Months of Reserves | 170.7 months |
Financial Health Grade: A
In 2023, Ruth Newman Shapiro Cancer Memorial Fund reported a surplus of $120K with revenue exceeding expenses, holds 170.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Ruth Newman Shapiro Cancer Memorial Fund's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -85.1% | +246.6% | +12.6% |
| 2022 | +4077.1% | +24.9% | +321.4% |
| 2021 | +58.9% | -13.9% | +11.4% |
| 2020 | -45.9% | -24.9% | +5.0% |
| 2019 | -40.6% | -16.9% | +12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ruth Newman Shapiro Cancer Memorial Fund 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 Ruth Newman Shapiro Cancer Memorial Fund 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $120K, with revenue exceeding expenses.
Frequently Asked Questions about Ruth Newman Shapiro Cancer Memorial Fund
Is Ruth Newman Shapiro Cancer Memorial Fund a legitimate charity?
Ruth Newman Shapiro Cancer Memorial Fund (EIN: 226063955) is a registered tax-exempt nonprofit based in New Jersey. It has 13 years of IRS 990 filings on record. Total revenue: $336K. No red flags identified. Financial health grade: A.
How does Ruth Newman Shapiro Cancer Memorial Fund spend its money?
Ruth Newman Shapiro Cancer Memorial Fund reported $336K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ruth Newman Shapiro Cancer Memorial Fund tax-deductible?
Ruth Newman Shapiro Cancer Memorial Fund is registered as a tax-exempt nonprofit (EIN: 226063955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ruth Newman Shapiro Cancer Memorial Fund located?
Ruth Newman Shapiro Cancer Memorial Fund is headquartered in Ventnor, New Jersey and files with the IRS under EIN 226063955.
How many years of IRS 990 filings does Ruth Newman Shapiro Cancer Memorial Fund have?
Ruth Newman Shapiro Cancer Memorial Fund has 13 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 $336K in total revenue.
Filing History
IRS 990 filing history for Ruth Newman Shapiro Cancer Memorial Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ruth Newman Shapiro Cancer Memorial Fund's revenue has grown by 78.4%, moving from $202K to $360K. Total assets increased by 287.7% over the same period, from $882K to $3.4M. Total functional expenses fell by 32.8%, from $358K to $241K. In its most recent filing year (2023), Ruth Newman Shapiro Cancer Memorial Fund reported a surplus of $120K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $360K | $241K | $3.4M | $0 | — | — |
| 2022 | $2.4M | $69K | $3.0M | $0 | — | View 990 |
| 2021 | $58K | $56K | $721K | $0 | — | View 990 |
| 2020 | $36K | $65K | $647K | $0 | — | View 990 |
| 2019 | $67K | $86K | $616K | $0 | — | View 990 |
| 2018 | $113K | $103K | $549K | $0 | — | View 990 |
| 2017 | $175K | $250K | $583K | $0 | — | View 990 |
| 2016 | $116K | $187K | $684K | $0 | — | View 990 |
| 2015 | $176K | $144K | $728K | $0 | — | View 990 |
| 2014 | $98K | $129K | $737K | $0 | — | View 990 |
| 2013 | $114K | $143K | $755K | $0 | — | View 990 |
| 2012 | $164K | $355K | $725K | $0 | — | View 990 |
| 2011 | $202K | $358K | $882K | $163 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $360K, expenses of $241K, and assets of $3.4M (revenue -85.1% year-over-year).
- 2022: Revenue of $2.4M, expenses of $69K, and assets of $3.0M (revenue +4077.1% year-over-year).
- 2021: Revenue of $58K, expenses of $56K, and assets of $721K (revenue +58.9% year-over-year).
- 2020: Revenue of $36K, expenses of $65K, and assets of $647K (revenue -45.9% year-over-year).
- 2019: Revenue of $67K, expenses of $86K, and assets of $616K (revenue -40.6% year-over-year).
- 2018: Revenue of $113K, expenses of $103K, and assets of $549K (revenue -35.5% year-over-year).
- 2017: Revenue of $175K, expenses of $250K, and assets of $583K (revenue +50.7% year-over-year).
- 2016: Revenue of $116K, expenses of $187K, and assets of $684K (revenue -33.8% year-over-year).
- 2015: Revenue of $176K, expenses of $144K, and assets of $728K (revenue +78.6% year-over-year).
- 2014: Revenue of $98K, expenses of $129K, and assets of $737K (revenue -13.3% year-over-year).
- 2013: Revenue of $114K, expenses of $143K, and assets of $755K (revenue -30.6% year-over-year).
- 2012: Revenue of $164K, expenses of $355K, and assets of $725K (revenue -19.0% year-over-year).
- 2011: Revenue of $202K, expenses of $358K, and assets of $882K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ruth Newman Shapiro Cancer Memorial Fund:
Data Sources and Methodology
This transparency report for Ruth Newman Shapiro Cancer Memorial 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.