Fred Hutchinson Cancer Research Center

Nonprofit profile at a glance

EIN
237156071
IRS 990 coverage
2009–2021
Forms available
Form 990 2021, Form 990-T 2021
Location
Seattle, WA, USA
Phone
2066674876
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Health

Official website

Reported finances

Revenue
$696,845,474
Expenses
$610,254,707
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

55 people listed

Executive titles in this filing

  • THOMAS JAMES LYNCH JR (PRESIDENT & DIRECTOR)
  • KELLY O'BRIEN (VICE PRESIDENT, PHILANTHROPY)
  • D GARY GILLILAND (PRESIDENT & DIRECTOR EMERITUS)

Highest reported compensation

  • THOMAS JAMES LYNCH JR (PRESIDENT & DIRECTOR): $1,768,717 total reported compensation
  • NANCY E DAVIDSON (SR. VP & DIRECTOR, CRD): $1,313,684 total reported compensation
  • STEVE STADUM (SPEC ADVISOR): $1,189,182 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our researchers are pushing the limits of human knowledge, from foundational biology to population-level health. Through fearless science, collaboration across disciplines, and unshakable focus, we're leading the way to a world free of cancer and related diseases.

What it reported doing in 2021

Vaccine and infectious disease division (vidd): vidd integrates the latest in computational, laboratory and clinical research methods to advance the understanding of microbial pathogenesis and infectious disease processes. Vidd researchers partner with scientists at laboratory, clinical and field sites in the americas, africa, asia and europe. The division has specific initiatives in uganda, china and the republic of south africa to advance the understanding of infection-related cancers and infectious diseases that affect high-risk populations in these regions. Vidd scientists around the world, including clinicians, clinical trial specialists, statisticians, computational biologists and basic scientists, take pride in their collaborative efforts to predict, detect, treat and prevent infectious diseases in humans, including known and emerging infections of major global health importance, such as coronavirus, and cancer-related infectious diseases.

Operating model

Revenue model
Grant-funded. 81% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 69% for direct work, and 31% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 88
  • Accountability: 91
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.4%; rating input score 89
  • Program expense ratio: 90.5%; rating input score 91
  • Fundraising efficiency: $51.35 raised per $1 spent on fundraising; rating input score 75; 75th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 67th percentile among comparable filings
  • Pay-setting controls: 6 of 6 controls in place; rating input score 100
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Limited
    • Requires grant agreements: Pass
    • May require repayment: Limited
  • Grant itemization coverage: 100%; rating input score 100; 44th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 79th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 12.4%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 2.8%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: 6.9% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 6.2% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 89.4% of revenue deployed · 90.5% of spending went to programs
  • Governance: 23 of 23 board members independent · 7 of 9 filing controls reported
  • Programs: 5 filed program accomplishments · $552.5M in reported program spending
  • Leadership: top reported pay $1.8M · 55 people listed · 6 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $16.7M reported
  • Consistency: 44 of 44 current checks pass
  • Schedules: 12 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
  • Filing history: 13 filing years from 2009 to 2021
  • Contacts: How to reach this organization
  • Money network: 330 filed money-flow records
  • Related organizations: 300 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.

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 — Sustainability: Total-asset coverage ratio scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.