Sino American Network Fortherapeutic Radiology And Oncology
Sino American Network Fortherapeutic Radiology And Oncology reports $7 revenue against $15,985 expenses in latest filing.
EIN: 205865371 · Guilford, CT · NTEE: P20 · Updated: 2026-03-28
Is Sino American Network Fortherapeutic Radiology And Oncology Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sino American Network Fortherapeutic Radiology And Oncology directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Sino American Network Fortherapeutic Radiology And Oncology
Sino American Network Fortherapeutic Radiology And Oncology (EIN: 205865371) is a nonprofit organization based in Guilford, CT, classified under NTEE code P20. The organization reported total revenue of $10K and total assets of $55K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sino American Network Fortherapeutic Radiology And Oncology's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sino American Network Fortherapeutic Radiology And Oncology is a micro nonprofit that has been operating for 8 years, with 9 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -50.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7 |
| Total Expenses | $16K |
| Surplus / Deficit | $-15,978 |
| Total Assets | $65K |
| Total Liabilities | $1 |
| Net Assets | $65K |
| Operating Margin | -228257.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 48.9 months |
Financial Health Grade: B
In 2023, Sino American Network Fortherapeutic Radiology And Oncology reported a deficit of $16K with expenses exceeding revenue, holds 48.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2010–2023), Sino American Network Fortherapeutic Radiology And Oncology's revenue has declined at a compound annual growth rate (CAGR) of -50.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.5% | -1.2% | -19.7% |
| 2022 | -99.9% | +292.6% | -16.6% |
| 2021 | +18979.2% | +1112.1% | +12.2% |
| 2020 | -99.9% | -99.5% | -1.9% |
| 2019 | -46.3% | -33.1% | -8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
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 Sino American Network Fortherapeutic Radiology And Oncology with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Sino American Network Fortherapeutic Radiology And Oncology allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is positive for minimizing overhead but does not address the significant revenue shortfalls.
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 Sino American Network Fortherapeutic Radiology And Oncology's IRS 990 filings:
- Extremely low revenue ($7 in 202312) compared to expenses ($15,985 in 202312).
- Consistent and significant operational deficits in recent years (e.g., $15,978 loss in 202312).
- Sharp decline in revenue over the past five years, from $123,089 in 201812 to $7 in 202312.
- Reliance on drawing down assets to cover operational costs, as indicated by decreasing assets from $81,172 to $65,194 between 202212 and 202312.
Strengths
The following positive indicators were identified for Sino American Network Fortherapeutic Radiology And Oncology:
- Consistent filing of IRS 990 forms, indicating a commitment to regulatory transparency.
- No reported officer compensation, suggesting a volunteer-driven leadership or efficient use of funds for executive roles.
Frequently Asked Questions about Sino American Network Fortherapeutic Radiology And Oncology
Is Sino American Network Fortherapeutic Radiology And Oncology a legitimate charity?
Based on AI analysis of IRS 990 filings, Sino American Network Fortherapeutic Radiology And Oncology (EIN: 205865371) significant concerns. Mission Score: 35/100. 4 red flags identified, 2 strengths noted.
How does Sino American Network Fortherapeutic Radiology And Oncology spend its money?
Sino American Network Fortherapeutic Radiology And Oncology directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sino American Network Fortherapeutic Radiology And Oncology tax-deductible?
Sino American Network Fortherapeutic Radiology And Oncology is registered as a tax-exempt nonprofit (EIN: 205865371). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sino American Network Fortherapeutic Radiology And Oncology financially sustainable?
Based on recent filings, the organization is not financially sustainable, with revenue of $7 in 202312 and $8 in 202212 significantly failing to cover expenses of $15,985 and $16,177 respectively.
What caused the drastic decline in revenue from 2018 to 2023?
The provided data does not specify the cause, but revenue plummeted from $123,089 in 201812 to just $7 in 202312, indicating a major shift in funding or operational capacity.
How does the organization cover its expenses with such low revenue?
With minimal revenue, the organization must be covering expenses by drawing down its assets (which decreased from $81,172 in 202212 to $65,194 in 202312) or through other unstated funding mechanisms.
Filing History
IRS 990 filing history for Sino American Network Fortherapeutic Radiology And Oncology showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2010–2023), Sino American Network Fortherapeutic Radiology And Oncology's revenue has declined by 100%, moving from $70K to $7. Total assets increased by 9.7% over the same period, from $59K to $65K. Total functional expenses fell by 76.5%, from $68K to $16K. In its most recent filing year (2023), Sino American Network Fortherapeutic Radiology And Oncology reported a deficit of $16K, with expenses exceeding revenue. The organization holds $1 in liabilities against $65K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $65K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7 | $16K | $65K | $1 | — | — |
| 2022 | $8 | $16K | $81K | $0 | — | View 990 |
| 2021 | $15K | $4K | $97K | $0 | — | — |
| 2020 | $77 | $340 | $87K | $0 | — | View 990 |
| 2019 | $66K | $75K | $88K | $0 | — | View 990 |
| 2018 | $123K | $113K | $97K | $0 | — | View 990 |
| 2012 | $400 | $31K | $63K | $0 | — | View 990 |
| 2011 | $41K | $14K | $93K | $0 | — | View 990 |
| 2010 | $70K | $68K | $59K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7, expenses of $16K, and assets of $65K (revenue -12.5% year-over-year).
- 2022: Revenue of $8, expenses of $16K, and assets of $81K (revenue -99.9% year-over-year).
- 2021: Revenue of $15K, expenses of $4K, and assets of $97K (revenue +18979.2% year-over-year).
- 2020: Revenue of $77, expenses of $340, and assets of $87K (revenue -99.9% year-over-year).
- 2019: Revenue of $66K, expenses of $75K, and assets of $88K (revenue -46.3% year-over-year).
- 2018: Revenue of $123K, expenses of $113K, and assets of $97K (revenue +30672.3% year-over-year).
- 2012: Revenue of $400, expenses of $31K, and assets of $63K (revenue -99.0% year-over-year).
- 2011: Revenue of $41K, expenses of $14K, and assets of $93K (revenue -42.1% year-over-year).
- 2010: Revenue of $70K, expenses of $68K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sino American Network Fortherapeutic Radiology And Oncology:
Data Sources and Methodology
This transparency report for Sino American Network Fortherapeutic Radiology And Oncology 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.