Triple Negative Breast Cancerfoundation Inc
Triple Negative Breast Cancerfoundation Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 205880756 · Norwood, NJ · NTEE: G12 · Updated: 2026-03-28
Is Triple Negative Breast Cancerfoundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Triple Negative Breast Cancerfoundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Triple Negative Breast Cancerfoundation Inc
Triple Negative Breast Cancerfoundation Inc (EIN: 205880756) is a nonprofit organization based in Norwood, NJ, classified under NTEE code G12. The organization reported total revenue of $2.1M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Triple Negative Breast Cancerfoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Triple Negative Breast Cancerfoundation Inc with a Mission Score of 85 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Triple Negative Breast Cancerfoundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available IRS 990 filings, suggesting that executive leadership may be uncompensated or compensated through non-officer categories, which is highly unusual for an organization with over $1.6 million in annual revenue.
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 Triple Negative Breast Cancerfoundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting precise efficiency analysis.
Strengths
The following positive indicators were identified for Triple Negative Breast Cancerfoundation Inc:
- Consistent revenue growth, from $808,064 in 2014 to $1,601,288 in 2023.
- Significant asset accumulation, growing from $973,579 in 2014 to $3,279,761 in 2023.
- Expenses consistently below revenue, indicating sound financial management (e.g., $1,532,066 expenses vs. $1,601,288 revenue in 2023).
- Reported 0% officer compensation across all filings, suggesting high efficiency in leadership compensation.
- Strong history of IRS 990 filings (13 filings), indicating good transparency.
Frequently Asked Questions about Triple Negative Breast Cancerfoundation Inc
Is Triple Negative Breast Cancerfoundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Triple Negative Breast Cancerfoundation Inc (EIN: 205880756) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Triple Negative Breast Cancerfoundation Inc spend its money?
Triple Negative Breast Cancerfoundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Triple Negative Breast Cancerfoundation Inc tax-deductible?
Triple Negative Breast Cancerfoundation Inc is registered as a tax-exempt nonprofit (EIN: 205880756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Triple Negative Breast Cancerfoundation Inc a good charity?
Based on its consistent revenue growth, significant asset accumulation (from $973,579 in 2014 to $3,279,761 in 2023), and the reported 0% officer compensation, the organization appears to be a financially sound and efficient charity. However, a detailed breakdown of program vs. administrative/fundraising expenses would provide a more complete picture of its spending efficiency.
How has the organization's financial health changed over time?
The organization has demonstrated strong financial growth, with revenue increasing from $808,064 in 2014 to $1,601,288 in 2023, and assets growing from $973,579 to $3,279,761 over the same period. This indicates a positive trend in financial health and sustainability.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly significant. It suggests that the organization's top leadership may be entirely volunteer-based or compensated in ways not classified as officer compensation, potentially allowing a greater proportion of funds to be directed towards its mission. This is a strong indicator of financial efficiency and dedication.
Filing History
IRS 990 filing history for Triple Negative Breast Cancerfoundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Triple Negative Breast Cancerfoundation Inc's revenue has grown by 96.1%, moving from $817K to $1.6M. Total assets increased by 293.5% over the same period, from $833K to $3.3M. Total functional expenses rose by 66.6%, from $920K to $1.5M. In its most recent filing year (2023), Triple Negative Breast Cancerfoundation Inc reported a surplus of $69K, with revenue exceeding expenses. The organization holds $985K in liabilities against $3.3M in assets (debt-to-asset ratio: 30.0%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.5M | $3.3M | $985K | — | — |
| 2022 | $1.6M | $1.1M | $2.6M | $406K | — | — |
| 2021 | $1.6M | $856K | $2.0M | $300K | — | View 990 |
| 2020 | $1.1M | $989K | $1.4M | $438K | — | — |
| 2019 | $976K | $944K | $1.1M | $306K | — | View 990 |
| 2018 | $1.3M | $1.1M | $921K | $177K | — | View 990 |
| 2017 | $1.1M | $929K | $895K | $309K | — | View 990 |
| 2016 | $817K | $891K | $1.1M | $650K | — | View 990 |
| 2015 | $932K | $976K | $946K | $442K | — | View 990 |
| 2014 | $808K | $680K | $974K | $405K | — | View 990 |
| 2013 | $1.1M | $1.2M | $1.1M | $638K | — | View 990 |
| 2012 | $751K | $707K | $805K | $325K | — | View 990 |
| 2011 | $817K | $920K | $833K | $397K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.5M, and assets of $3.3M (revenue +2.4% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.1M, and assets of $2.6M (revenue -2.2% year-over-year).
- 2021: Revenue of $1.6M, expenses of $856K, and assets of $2.0M (revenue +40.5% year-over-year).
- 2020: Revenue of $1.1M, expenses of $989K, and assets of $1.4M (revenue +16.6% year-over-year).
- 2019: Revenue of $976K, expenses of $944K, and assets of $1.1M (revenue -22.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.1M, and assets of $921K (revenue +16.2% year-over-year).
- 2017: Revenue of $1.1M, expenses of $929K, and assets of $895K (revenue +32.9% year-over-year).
- 2016: Revenue of $817K, expenses of $891K, and assets of $1.1M (revenue -12.3% year-over-year).
- 2015: Revenue of $932K, expenses of $976K, and assets of $946K (revenue +15.3% year-over-year).
- 2014: Revenue of $808K, expenses of $680K, and assets of $974K (revenue -27.7% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.2M, and assets of $1.1M (revenue +48.8% year-over-year).
- 2012: Revenue of $751K, expenses of $707K, and assets of $805K (revenue -8.0% year-over-year).
- 2011: Revenue of $817K, expenses of $920K, and assets of $833K.
Data Sources and Methodology
This transparency report for Triple Negative Breast Cancerfoundation 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.