Friends of Carbone Cancer Center Inc

Nonprofit profile at a glance

EIN
275017177
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Fitchburg, WI, USA
Phone
4147503131
Rating
97
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$73,267
Expenses
$92,857
Assets
$43,322
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • DAVID C ARNOLD (PRESIDENT/SECRETARY/DIRECTOR)
  • TIM CLEARY (VICE PRESIDENT)

People named in this filing

  • DAVID C ARNOLD (PRESIDENT/SECRETARY/DIRECTOR)
  • KEVIN HEPPNER (EXECUTIVE VP/TREASURER/DIRECTOR)
  • TIM CLEARY (VICE PRESIDENT)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support the university of Wisconsin carbone cancer center and its programs and activities including research conducted thereby and to provide support for, and to improve and sustain the economic viability of basic research, outreach, and programming to improve the lives of patients and their families afflicted with cancer.

What it reported doing in 2024

Contributions to the university of Wisconsin carbone cancer center.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 98% 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: 100
  • Transparency & Controls: 100
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.8%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -26.7%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 56.4% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 17.6% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 5.2% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $92K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Sustainability: Operating margin scored 20/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.