Boston Baskin Cancer Foundation Inc

Nonprofit profile at a glance

EIN
453303607
IRS 990 coverage
2012–2019
Forms available
Form 990 2019
Location
Memphis, TN, USA
Phone
9012273627
Rating confidence
Limited
Sector
Health

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • MARK E SWANSON MD (DIRECTOR/CEO)

Highest reported compensation

  • PAUL D DEPRIEST MD (DIRECTOR): $1,331,310 total reported compensation
  • MARK E SWANSON MD (DIRECTOR/CEO): $1,199,111 total reported compensation
  • GREGORY M DUCKETT (SECRETARY/DIRECTOR): $798,711 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Boston baskin cancer foundation, inc.'s mission is to provide comprehensive high-quality medical care to cancer patients in the communities it serves.

What it reported doing in 2019

Boston baskin cancer foundation, inc. Was a multispecialty oncology practice which treated a wide variety of complex cancer cases in the mid-south. Boston baskin cancer foundation, inc. Ceased conducting business as of september 23, 2016. All remaining assets and liabilities have been collected and this entity was legally dissolved on september 2, 2020.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 53
  • Accountability: 28
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 81.8%; rating input score 82; 2nd 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -51.4% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -39.7% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -45.6% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 0 of 3 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $1.3M · 5 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 9 of 11 current checks pass · 2 findings to review
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 8 filing years from 2012 to 2019
  • Contacts: How to reach this organization
  • Related organizations: 66 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 — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Growth: Asset growth scored 0/100.