Thomas Mcmahan Cancer Foundation
EIN: 721423840 · New Orleans, LA · NTEE: H05
| Metric | Value |
|---|---|
| Total Revenue | $59K |
| Total Expenses | $61K |
| Net Assets | $57K |
Is Thomas Mcmahan Cancer Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thomas Mcmahan Cancer Foundation
Thomas Mcmahan Cancer Foundation (EIN: 721423840) is a nonprofit organization based in New Orleans, LA, classified under NTEE code H05. The organization reported total revenue of $59K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thomas Mcmahan Cancer Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thomas Mcmahan Cancer Foundation is a micro nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -101.5% | +4.4% | -49.9% |
| 2022 | -43.9% | -21.0% | -30.0% |
| 2021 | +120.1% | +20.8% | -17.1% |
| 2020 | -78.2% | -33.2% | -6.8% |
| 2019 | +116.6% | +32.5% | +33.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thomas Mcmahan Cancer Foundation 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 Thomas Mcmahan Cancer Foundation 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:
Frequently Asked Questions about Thomas Mcmahan Cancer Foundation
Is Thomas Mcmahan Cancer Foundation a legitimate charity?
Thomas Mcmahan Cancer Foundation (EIN: 721423840) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $59K. No red flags identified. Financial health grade: B.
How does Thomas Mcmahan Cancer Foundation spend its money?
Thomas Mcmahan Cancer Foundation reported $59K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Thomas Mcmahan Cancer Foundation tax-deductible?
Thomas Mcmahan Cancer Foundation is registered as a tax-exempt nonprofit (EIN: 721423840). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Thomas Mcmahan Cancer Foundation located?
Thomas Mcmahan Cancer Foundation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 721423840. It is classified under NTEE code H05.
How many years of IRS 990 filings does Thomas Mcmahan Cancer Foundation have?
Thomas Mcmahan Cancer Foundation 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 $59K in total revenue.
Filing History
IRS 990 filing history for Thomas Mcmahan Cancer Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Thomas Mcmahan Cancer Foundation's revenue has declined by 100.4%, moving from $111K to $-462. Total assets decreased by 73.9% over the same period, from $218K to $57K. Total functional expenses fell by 61%, from $157K to $61K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-462 | $61K | $57K | $0 | — | — |
| 2022 | $31K | $59K | $113K | $0 | — | View 990 |
| 2021 | $55K | $74K | $162K | $0 | — | — |
| 2020 | $25K | $61K | $195K | $0 | — | — |
| 2019 | $114K | $92K | $210K | $0 | — | View 990 |
| 2018 | $52K | $69K | $157K | $0 | — | View 990 |
| 2017 | $60K | $55K | $197K | $0 | — | View 990 |
| 2016 | $23K | $74K | $191K | $0 | — | View 990 |
| 2015 | $52K | $48K | $233K | $0 | — | View 990 |
| 2014 | $98K | $114K | $231K | $0 | — | View 990 |
| 2013 | $100K | $93K | $247K | $0 | — | View 990 |
| 2012 | $73K | $50K | $241K | $0 | — | View 990 |
| 2011 | $111K | $157K | $218K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-462, expenses of $61K, and assets of $57K (revenue -101.5% year-over-year).
- 2022: Revenue of $31K, expenses of $59K, and assets of $113K (revenue -43.9% year-over-year).
- 2021: Revenue of $55K, expenses of $74K, and assets of $162K (revenue +120.1% year-over-year).
- 2020: Revenue of $25K, expenses of $61K, and assets of $195K (revenue -78.2% year-over-year).
- 2019: Revenue of $114K, expenses of $92K, and assets of $210K (revenue +116.6% year-over-year).
- 2018: Revenue of $52K, expenses of $69K, and assets of $157K (revenue -12.8% year-over-year).
- 2017: Revenue of $60K, expenses of $55K, and assets of $197K (revenue +160.0% year-over-year).
- 2016: Revenue of $23K, expenses of $74K, and assets of $191K (revenue -55.6% year-over-year).
- 2015: Revenue of $52K, expenses of $48K, and assets of $233K (revenue -46.8% year-over-year).
- 2014: Revenue of $98K, expenses of $114K, and assets of $231K (revenue -1.9% year-over-year).
- 2013: Revenue of $100K, expenses of $93K, and assets of $247K (revenue +35.8% year-over-year).
- 2012: Revenue of $73K, expenses of $50K, and assets of $241K (revenue -33.8% year-over-year).
- 2011: Revenue of $111K, expenses of $157K, and assets of $218K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thomas Mcmahan Cancer Foundation:
Data Sources and Methodology
This transparency report for Thomas Mcmahan 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.