International Myeloma Foundation

Nonprofit profile at a glance

EIN
954296919
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Studio City, CA, USA
Phone
8184877455
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$18,271,874
Expenses
$18,451,838
Assets
$18,291,125
Liabilities
$7,536,538

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

Leadership & pay

29 people listed

Executive titles in this filing

  • YELAK BIRU (CEO, PRESIDENT THRU 2/28/25)
  • DIANE MORAN (INTERIM CEO, SENIOR VICE PRESIDENT)
  • LISA PAIK (EXECUTIVE VICE PRESIDENT)
  • PETER ANTON (VICE PRESIDENT, MARKETING)
  • ROBIN TUOHY (VICE PRESIDENT, PATIENT SUPPORT)
  • SYLVIA DSOUZA (VICE PRESIDENT, DEV. THRU 9/4/25)

Highest reported compensation

  • DR BRIAN DURIE (CHIEF SCIENTIFIC OFFICER THRU 7/8/24): $861,304 total reported compensation
  • JOSEPH MIKHAEL (CHIEF MEDICAL OFFICER THRU 3/31/26): $473,235 total reported compensation
  • YELAK BIRU (CEO, PRESIDENT THRU 2/28/25): $453,307 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Dedicated to improving the quality of life of myeloma patients while working toward prevention and a cure.

What it reported doing in 2024

International - the imf grows its network of health care professionals around the world. Key team members organize physician as well as patient meetings in order to provide education about the latest developments in the field of multiple myeloma.support groups - through a global community of volunteer-led support groups, the imf ensures that patients and families have local access to support and education. The imf currently supports over 160 support groups worldwide. The imf provides website creation and hosting for local support groups, and provides a unique opportunity for support group leaders to attend the american society of hematology annual meeting. The imf hosts an annual support group leaders summit to provide training and sharing of best practices for volunteer leaders. Nurse education - the imf nurse leadership board (nlb) is a professional partnership representing nurse experts caring for myeloma patients at leading medical centers. Founded in november 2006, the nlb bolsters nursing education, clinical care experience exchange, and patient knowledge and empowerment in an effort to optimize outcomes for patients with myeloma. The nlb has improved the nursing care and self-care of myeloma patients since its inception.clinical meetings - imf plans and hosts the world's leading myeloma experts at annual clinical meetings around the globe to support collaborative myeloma-related research projects, share data, and avoid duplication of efforts and dilution of valuable resources. Regional coalitions promote excellence in clinical practice, research and education and provide cme-accredited medical education programs. Advocacy - the imf is dedicated to creating a global community that supports the needs of all people affected by myeloma. The imf advocates on behalf of those affected by multiple myeloma to improve access to high-quality diagnostics and treatments, for funding of myeloma-related research, and for an end to insurance coverage disparities for treatment. The imf continues to expand its commitment to empowering patients, families, and friends to advocate on behalf of patient rights.infoline - the imf's toll-free information telephone line provides myeloma treatment and management support from compassionate, highly trained specialists. As new treatment options become available to treat multiple myeloma, infoline coordinators answer questions about myeloma, its treatment, drug side effects, options for possible clinical trials, other health concerns, and where to find local support.website - the imf website is the leading resource for myeloma-related content and the most complete source of answers for newly diagnosed patients to those living with myeloma for many years. The website provides deep information for patients, caregivers, family members, and healthcare professionals. Information is available in multiple languages. Content focuses on the imf's research, education, support and advocacy initiatives. Imf offers the first and only generative ai myeloma-specific chatbot designed to provide general information and support related to multiple myeloma. It is not intended to replace professional medical advice, diagnosis, or treatment from qualified healthcare providers. See imf website for further information.myeloma today - myeloma today is a quarterly educational newsletter and the go-to resource for the myeloma community to learn about the latest advances in myeloma treatment, research and quality of life issues. It is provided free of charge.informational mailings - the infopack is made up of a selection of the imf's publications and is designed to provide newly diagnosed patients and their families with a complete understanding of the disease and care. The info pack contains informative materials free of charge in 19 languages.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 81
  • Accountability: 100
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.5%; rating input score 87
  • Program expense ratio: 85.4%; rating input score 85
  • Fundraising efficiency: $12.37 raised per $1 spent on fundraising; rating input score 44; 44th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Missing
    • 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: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Pass
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.99; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.41; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 23.1%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 3.1% per year; rating input score 100; 27th percentile among comparable filings
  • Revenue growth: 4.9% per year; rating input score 100; 43rd percentile among comparable filings
  • Asset growth: 7.2% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 86.5% of revenue deployed · 85.4% of spending went to programs
  • Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $15.8M in reported program spending
  • Leadership: top reported pay $861K · 29 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $655K reported
  • Consistency: 35 of 36 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 15 filed money-flow records
  • Related organizations: 3 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.

  • High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 44/100.
  • High — Sustainability: Operating margin scored 27/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.