Foundation for Advanced Cancer Studies Inc

Nonprofit profile at a glance

EIN
521575090
IRS 990-EZ coverage
2010–2013
Forms available
Form 990-EZ 2013
Location
Allendale, MI, USA
Phone
6168922200
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cancer Research

Official website

Reported finances

Revenue
$677
Expenses
$5,741
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • GEORGE VANDE WOUDE PHD (PRESIDENT)

People named in this filing

  • ANN BOYD PHD (DIRECTOR)
  • JOAN S BRUGGE PHD (DIRECTOR)
  • SARA COURTNEIDGE PHD (DIRECTOR)

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 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To foster the rapid dissemination of new research information to scientists, clinicians and the public and to provide support for young scientists working in basic cancer research.

What it reported doing in 2013

The mission of the organization is achieved through sponsoring meetings with mini-symposia that provide a forum for scientists to share the latest information on specific topics of current interest to cancer researchers. In 2011, the organization organized a symposium that brought together hundreds of life science professionals and students from around the world to discuss the origins of cancer. The symposium is unique in that it spans the breadth of cancer research and the diversity of the disease's origins, including viral, infectious, environmental and genetic causes.

Operating model

Revenue model
Investment-supported. 63% of the money available for current operations came from recurring investment income.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 82
  • Sustainability: 2
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.9%; rating input score 95
  • Program expense ratio: 10.2%; rating input score 10

Transparency & Controls

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

Sustainability

  • Operating margin: -748%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 43.5%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -104.5% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -114.6% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -41.6% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 94.9% of revenue deployed · 10.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $583 in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2010 to 2013
  • 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.

  • High — Financial Efficiency: Program expense ratio scored 10/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.