Friends of Kids with Cancer

Nonprofit profile at a glance

EIN
301065526
IRS 990 coverage
2018–2023
Forms available
Form 990 2023, Form 990-N 2018
Location
Pompano Beach, FL, USA
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Family Services

Reported finances

Revenue
$28,294
Expenses
$44,195
Assets
$82,354
Liabilities
$1,040

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • MOISES ROIZENTAL (DIRECTOR)
  • MARIA K MACHADO DE VIETE (PRES)
  • MARISABEL TAMAYO (OFFICER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Friends of kids with cancer foundation, inc. Is organized exclusively for charitable purposes withing the meaning of the IRS code sec501(c)(3) namely: to provide assistance and relief to children suffering from cancer and their families in Florida and elsewhere around the world by sponsoring medical treatments, human services, counseling, inspirational events, religious activities, housing or temporary lodgings, medicine, food and anything deemed by the directors or officers to be helpful to young cancer patients and their families. This organization will intervene when neededby providing direct cash grants to avert crises and facilitate rehabilitation. In the event of its dissolution the directors will, after clearing all debts, distribute all remaining assets to other 501(c)(3) recognized charitable organizations with similar goals.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 84%; rating input score 84
  • Fundraising efficiency: $4.28 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -56.2%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 1.86; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 34.6% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 0.4% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 17.9% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 84% of spending went to programs
  • Governance: 3 of 3 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $37K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2018 to 2023
  • 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.

  • High — Accountability: Governance controls: 5 of 6 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.