Sid Weber Memorial Cancer Fund
Sid Weber Memorial Cancer Fund consistently grows assets with zero liabilities and no officer compensation.
EIN: 202394931 · Rabun Gap, GA · NTEE: T30 · Updated: 2026-03-28
Is Sid Weber Memorial Cancer Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sid Weber Memorial Cancer Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sid Weber Memorial Cancer Fund
Sid Weber Memorial Cancer Fund (EIN: 202394931) is a nonprofit organization based in Rabun Gap, GA, classified under NTEE code T30. The organization reported total revenue of $197K and total assets of $427K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sid Weber Memorial Cancer Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sid Weber Memorial Cancer Fund is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $178K |
| Total Expenses | $89K |
| Surplus / Deficit | +$89K |
| Total Assets | $371K |
| Net Assets | $371K |
| Operating Margin | 49.8% |
| Months of Reserves | 49.9 months |
Financial Health Grade: A
In 2023, Sid Weber Memorial Cancer Fund reported a surplus of $89K with revenue exceeding expenses, holds 49.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Sid Weber Memorial Cancer Fund's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.9% | -39.0% | +31.3% |
| 2022 | -16.4% | +157.0% | -5.5% |
| 2021 | +25.5% | -44.7% | +49.2% |
| 2020 | +3.4% | +1.5% | +11.7% |
| 2019 | +20.9% | +29.3% | +11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Sid Weber Memorial Cancer Fund with a Mission Score of 95 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Sid Weber Memorial Cancer Fund allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $89K, with revenue exceeding expenses.
Executive Compensation Analysis
The Sid Weber Memorial Cancer Fund reports 0% officer compensation across all available filings, indicating that its leadership serves on a volunteer basis, which is highly commendable for an organization of its size with latest revenue of $197,302.
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 Sid Weber Memorial Cancer Fund:
- Consistent asset growth, from $129,460 in 2015 to $371,064 in 2023.
- Zero liabilities reported across all available filings, indicating strong financial stability.
- 0% officer compensation, demonstrating a volunteer-led model and commitment to mission.
- Positive net income in most years, contributing to healthy reserves.
- Consistent IRS 990 filing history, indicating transparency.
Frequently Asked Questions about Sid Weber Memorial Cancer Fund
Is Sid Weber Memorial Cancer Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Sid Weber Memorial Cancer Fund (EIN: 202394931) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Sid Weber Memorial Cancer Fund spend its money?
Sid Weber Memorial Cancer Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sid Weber Memorial Cancer Fund tax-deductible?
Sid Weber Memorial Cancer Fund is registered as a tax-exempt nonprofit (EIN: 202394931). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sid Weber Memorial Cancer Fund a good charity?
Based on the provided IRS 990 data, the Sid Weber Memorial Cancer Fund appears to be a very good charity. It demonstrates strong financial health with growing assets and zero liabilities, efficient spending with low expenses relative to revenue, and a clear commitment to its mission by having no officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Its assets have grown from $129,460 in 2015 to $371,064 in 2023, more than doubling in less than a decade. Revenue has also shown a strong upward trend, from $71,486 in 2015 to $177,799 in 2023, indicating increasing support and capacity.
What is the organization's approach to executive compensation?
The Sid Weber Memorial Cancer Fund has a highly commendable approach to executive compensation, reporting 0% officer compensation in all available filings. This indicates that its leadership is entirely volunteer-based, ensuring that all funds are directed towards its charitable mission.
Filing History
IRS 990 filing history for Sid Weber Memorial Cancer Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sid Weber Memorial Cancer Fund's revenue has grown by 121.9%, moving from $80K to $178K. Total assets increased by 223.8% over the same period, from $115K to $371K. Total functional expenses fell by 3.3%, from $92K to $89K. In its most recent filing year (2023), Sid Weber Memorial Cancer Fund reported a surplus of $89K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $178K | $89K | $371K | $0 | — | View 990 |
| 2022 | $130K | $146K | $283K | $0 | — | View 990 |
| 2021 | $155K | $57K | $299K | $0 | — | View 990 |
| 2020 | $124K | $103K | $200K | $0 | — | — |
| 2019 | $120K | $101K | $179K | $0 | — | View 990 |
| 2018 | $99K | $78K | $161K | $0 | — | View 990 |
| 2017 | $97K | $96K | $142K | $0 | — | View 990 |
| 2016 | $89K | $73K | $142K | $0 | — | View 990 |
| 2015 | $71K | $79K | $129K | $0 | — | View 990 |
| 2014 | $73K | $88K | $137K | $0 | — | View 990 |
| 2013 | $72K | $71K | $152K | $0 | — | View 990 |
| 2012 | $123K | $86K | $152K | $0 | — | View 990 |
| 2011 | $80K | $92K | $115K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $178K, expenses of $89K, and assets of $371K (revenue +36.9% year-over-year).
- 2022: Revenue of $130K, expenses of $146K, and assets of $283K (revenue -16.4% year-over-year).
- 2021: Revenue of $155K, expenses of $57K, and assets of $299K (revenue +25.5% year-over-year).
- 2020: Revenue of $124K, expenses of $103K, and assets of $200K (revenue +3.4% year-over-year).
- 2019: Revenue of $120K, expenses of $101K, and assets of $179K (revenue +20.9% year-over-year).
- 2018: Revenue of $99K, expenses of $78K, and assets of $161K (revenue +2.5% year-over-year).
- 2017: Revenue of $97K, expenses of $96K, and assets of $142K (revenue +8.6% year-over-year).
- 2016: Revenue of $89K, expenses of $73K, and assets of $142K (revenue +24.5% year-over-year).
- 2015: Revenue of $71K, expenses of $79K, and assets of $129K (revenue -1.7% year-over-year).
- 2014: Revenue of $73K, expenses of $88K, and assets of $137K (revenue +1.0% year-over-year).
- 2013: Revenue of $72K, expenses of $71K, and assets of $152K (revenue -41.6% year-over-year).
- 2012: Revenue of $123K, expenses of $86K, and assets of $152K (revenue +53.8% year-over-year).
- 2011: Revenue of $80K, expenses of $92K, and assets of $115K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sid Weber Memorial Cancer Fund:
Data Sources and Methodology
This transparency report for Sid Weber Memorial Cancer 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.