Karmanos Cancer Institute
Legal name: Barbara Ann Karmanos Cancer Institute
Nonprofit profile at a glance
- EIN
- 381613280
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Detroit, Michigan, USA
- Phone
- 1-800-KARMANOS (800-527-6266)
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Cancer Research
Reported finances
- Revenue
- $27,111,385
- Expenses
- $33,992,462
- Assets
- $295,118,020
- Liabilities
- $30,702,997
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
33 people listed
Executive titles in this filing
- BORIS PASCHE (BOARD MEMBER/PRESIDENT KCI)
Highest reported compensation
- PHILIP A INCARNATI (BOARD MEMBER): $13,036,599 total reported compensation
- BORIS PASCHE (BOARD MEMBER/PRESIDENT KCI): $754,567 total reported compensation
- REGINA DOXTADER (VP CHIEF FINANCIAL OFFICER): $469,106 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To offer hope and longer life to patients with all types of cancer, Karmanos offers the latest types of therapy through our clinical trials program. Through clinical trials, we are creating new knowledge about how therapies fight cancer and provide national leadership in testing these new therapies.
What it reported doing in 2024
Affiliation/network support, community education, cord stem cell bank : community education provided by kci staff and volunteers occur through visits to businesses, churches, schools, shopping malls, health care forums and virtually any venue conducive to informing individuals on ways to prevent cancer and its warning signs, and the very latest in screening, diagnostics, treatment and follow-up care through educational presentations, materials and displays. Kci offers free fact sheets on the most common forms of cancer and topics of interest. These are geared to persons concerned about their cancer risk and interested in prevention and early detection, not to persons diagnosed with cancer. Genetic counseling educational sessions are offered on a regular basis at kci and by appointment. Participants learn about inherited breast and ovarian cancer genes and how to reduce their risk. Kci also supports efforts and provides resources to help individuals successfully quit smoking. The j.p. Mccarthy cord stem cell bank at kci is a public, non-profit stem cell bank with over 2,800 umbilical cord blood units in its inventory. The bank was founded in 2001 with funding from the j.p. Mccarthy fund and the carls foundation and is one of only a few internationally recognized cord stem cell banks affiliated with the national marrow donor program. The bank was created in anticipation of providing life-saving hope to people who have been diagnosed with cancer and serious blood disorders. Kci collected, processed and stores donated umbilical cord blood that becomes a readily available source of hematopoietic stem cells for transplant in children and adults with leukemia, lymphoma, sickle cell disease or other life-threatening conditions. The j.p. Mccarthy cord blood bank and carls processing laboratory is also accredited by the foundation for the accreditation of cellular therapy (fact). The accreditation signifies the highest standards of practice in collection, processing and transplantation. This accreditation demonstrates the commitment to quality in cord blood banking through adherence to rigorous standards that are verified by periodic inspection and peer review.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 59% for direct work, 0% for grants, and 40% for affiliated organizations.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 76
- Accountability: 79
- Sustainability: 38
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 79.7%; rating input score 80
- Fundraising efficiency: $4.66 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 80%; rating input score 80; 16th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -25.4%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 8.68; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 13.4%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 1.9% per year; rating input score 100; 19th percentile among comparable filings
- Revenue growth: -1.5% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 10.8% per year; rating input score 100; 68th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 100% of revenue deployed · 79.7% of spending went to programs
- Governance: 12 of 15 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $27.1M in reported program spending
- Leadership: top reported pay $13M · 33 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $258.7M reported
- Consistency: 39 of 39 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 18 filed money-flow records
- Related organizations: 54 filed related-organization links
- 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 19/100.
- High — Sustainability: Operating margin scored 4/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Officer compensation ratio scored 11/100.