Hatteras Island Cancer Foundation

Nonprofit profile at a glance

EIN
562257797
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Hatteras, NC, USA
Phone
2529866575
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Voluntary Health Associations & Medical Disciplines N.E.C.

Reported finances

Revenue
$110,591
Expenses
$66,813
Assets
$383,459
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • SYDNEY SLAUGHTER (PRESIDENT)
  • DONNA BARNETT (VICE PRESIDENT)

People named in this filing

  • SYDNEY SLAUGHTER (PRESIDENT)
  • DEE CALLAHAN (SECRETARY)
  • SUE MCCARTY (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Support cancer patients

What it reported doing in 2024

Provide financial support for cancer patients on hatteras island including medical and transportation costs not covered by insurance

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 96% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. No material rating questions were generated from the available inputs.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 82
  • Sustainability: 87
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.7%; rating input score 63
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 39.6%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 5.74; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 33rd percentile among comparable filings
  • Revenue growth: 6.5% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: 10.5% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 62.7% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $67K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.