Canines-n-kids Foundation

Nonprofit profile at a glance

EIN
812768684
IRS 990 coverage
2017–2018
Forms available
Form 990 2018, Form 990-N 2016
Location
South Riding, VA, USA
Phone
7038354346
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$215,466
Expenses
$284,174
Assets
$112,783
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • ULRIKE SZALAY (EXECUTIVE DIRECTOR)
  • RYAN ROBERTS (VICE PRESIDENT, BOARD MEMB)

Highest reported compensation

  • ULRIKE SZALAY (EXECUTIVE DIRECTOR): $96,154 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to put an end to the cancers children and our canine best friends both develop - devastating cancers including bone and brain cancer, lymphoma and leukemia. Our goals are to raise awareness of the cancers that kids and canines share in common, funds for promising translational & comparative cancer research to accelerate the development of better medicines, and to foster critical collaborations to find a cure for both of these vulnerable patient groups.

What it reported doing in 2018

The paws for a cure summit is a high profile meeting to discuss challenges and opportunities in developing innovative, integrated approaches to better medicines and a cure for the cancers children and canines both develop. Summit attendees included nearly 100 leading stakeholders from around the country. During the summit, panels of experts established recommendations and priorities for comparitive research.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The required major-donor schedule is missing or incomplete and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 75
  • Accountability: 79
  • Sustainability: 21
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.8%; rating input score 80
  • Program expense ratio: 60.5%; rating input score 61
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -31.9%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.4; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
  • Officer compensation ratio: 33.8%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 27.2% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: -36.3% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -46.7% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 79.8% of revenue deployed · 60.5% of spending went to programs
  • Governance: 11 of 11 board members independent · 4 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $172K in reported program spending
  • Leadership: top reported pay $96K · 12 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 2 filed schedules · includes major donors
  • Filing history: 2 filing years from 2017 to 2018
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Transparency & Controls: Major donor itemization scored 0/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.