Chomp Cancer Foundation Inc

Nonprofit profile at a glance

EIN
451284156
IRS 990-EZ coverage
2011–2011
Forms available
Form 990-EZ 2011
Location
Fort White, FL, USA
Phone
3215019526
Rating
46
Verdict
MIXED
Rating confidence
Limited
Sector
Health

Official website

Reported finances

Revenue
$12,000
Expenses
$11,000
Assets
$2,000

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

5 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

This charity's main purpose is to raise money through a yearly 5k walk/run event. The money raised is donated to the UF & Shands Cancer Center in Gainesville, FL. Last year was our first year for the event and hope to continue it every year from now on.

What it reported doing in 2011

After the conclusion of our first event, we were able to donate $8,000 to the UF & Shands Cancer Center in Gainesville, FL. This donation goes toward assisting patients being treated at the cancer hospital in Gainesville and also their families who require financial assistance. The funds also help cancer research being conducted at the University of Florida. Participants in the 5k pay a registration fee to become involved in the event. This is where the majority of our funds were raised. We also received donations the day of the event and sponsorship donations from companies that wanted to involved in the event.

Operating model

Revenue model
Earned-program. 73% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 22
  • Transparency & Controls: 82
  • Sustainability: 34
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 20.8%; rating input score 21
  • Program expense ratio: 22.7%; rating input score 23

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 8.3%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 0.18; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 20.8% of revenue deployed · 22.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 1 filed schedules
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 21/100.
  • High — Financial Efficiency: Program expense ratio scored 23/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.