Collecting Quarters for a Cure

Nonprofit profile at a glance

EIN
454399760
IRS 990-EZ coverage
2020–2020
Forms available
Form 990-EZ 2020, Form 990-N 2017
Location
Willow Spring, NC, USA
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Reported finances

Revenue
$65,721
Expenses
$69,441
Assets
$734

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Damian Sebold (Executive Director)

People named in this filing

  • Damian Sebold (Executive Director)
  • Nicole Sebold (Secretary)
  • Martin Engelhardt (CFO)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Toraisemoneyandawarenesstotheneedforcancerresearchandtreatment, inordertomakefinancialcontributionstothefourfollowingareasthatcomprisethecorefocusofourefforts:1)IncreasingthelevelandqualityofcancerresearchfacilitiesacrosstheUnitedStates;2)Increasingthelevelandqualityofcancertreatmentavailabletothepoor, distressedandunderprivilegedresidentsoftheUnitedStates;3)Providingscholarshipstohighlyqualifiedindividualsinterestedinpursuinghighereducationendeavorsdedicatedtoenhancingtheunderstanding, treatmentandawarenessofcancer; and, mostimportantly4)Providingfinancialsupporttoindividualsandfamiliesburdenedbytheexceptionalhealthcarecostsdirectlyandindirectlyrelatedtocancertreatments.

What it reported doing in 2020

Theorganizationalsomadeconsiderablefinancialcontributionstoanumberofpreandpost-doctoralfellowships scholarshipsforqualifiedapplicantstoreceivetrainingandexperienceincriticalsubjectssuchasmoleculargenetics, thecellularaspectsofcancerbiology, tumorimmunology, neuro-oncology, aswellascancerpatientcare, education, orresearch.Thenumberofpersonsdirectlybenefittedbytheseprogramservicesisdifficulttostatewithaccuracy, astheinstitutionsmanagingthescholarshipprogramscontrolthedisbursementoffundsandrecipients.Butafairestimateislikelyacoupledozendirectrecipientsofthefundscontributed.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 100
  • Sustainability: 26
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.8%; rating input score 91
  • Program expense ratio: 86%; rating input score 86

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -5.7%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0.01; rating input score 4; 4th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 90.8% of revenue deployed · 86% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $60K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Sustainability: Total-asset coverage ratio scored 4/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
  • Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.