Children's Oncology Support Fund
Nonprofit profile at a glance
- EIN
- 882690798
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024
- Location
- Los Angeles, CA, USA
- Phone
- 9177150316
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $701,854
- Expenses
- $941,198
- Assets
- $858,387
- Liabilities
- $929,744
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- THOMAS PIERCE (FOUNDING CHAIRMAN & PRESIDENT)
Highest reported compensation
- THOMAS PIERCE (FOUNDING CHAIRMAN & PRESIDENT): $60,149 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Children's oncology support fund's (cosf) mission is to provide less toxic treatments and alternative therapies for children battling cancer though funding groundbreaking research and therapeutic programs. Cosf will accomplish its mission through innovative events and activities. Thus, cosf is keen on fostering new ideas, influencing giving to support the wellbeing and health of pediatric cancer patients, and affecting change through innovative processes and services.
What it reported doing in 2024
Fundraising events to raise funds for supporting organization mission. Children's oncology support fund's (cosf) mission is clear: to transform the future of pediatric cancer care and create a world where no child's potential is ever limited by cancer. While many approaches exist, cosf is committed to forging a unique and sustainable model that swiftly gains traction, alleviating the profound effects of childhood cancer on families, health, finances, and overall well-being. To expand its reach, cosf will champion strategic partnerships with like-minded organizations, leveraging a multi-channel approach to engage potential supporters. Children's oncology support fund aims to establish a trusted grant foundation that provides essential funding and pledge support to donor-dependent patient programs nationwide. By collaborating directly with hospitals and established non-profits, cosf will cultivate strong partnerships rooted in its core values, ensuring impactful and sustainable support for those in need.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 40% for direct work, and 60% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 89
- Accountability: 68
- Sustainability: 20
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 87.2%; rating input score 87
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 96.5%; rating input score 97; 44th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 23rd percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- 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: -34.1%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 1.08; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 6.4%; rating input score 49; 49th percentile among comparable filings
Growth
- Program expense growth: 141.3% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 10.6% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 84% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 87.2% of spending went to programs
- Governance: 9 of 10 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $821K in reported program spending
- Leadership: top reported pay $60K · 12 people listed
- Highest-paid contractors: 3 contractors listed · $397K reported
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors and grants
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 3 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.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Sustainability: Operating margin scored 5/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- Moderate — Sustainability: Officer compensation ratio scored 49/100.