Lungevity Foundation Inc
Nonprofit profile at a glance
- EIN
- 364433410
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Chicago, IL, USA
- Phone
- 3124076100
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $14,237,969
- Expenses
- $14,555,858
- Assets
- $6,169,133
- Liabilities
- $956,735
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- UPAL BASU ROY (EXECUTIVE DIRECTOR OF RESEARCH)
- ANDREA STERN FERRIS (PRESIDENT & CEO)
Highest reported compensation
- UPAL BASU ROY (EXECUTIVE DIRECTOR OF RESEARCH): $235,408 total reported compensation
- MERIAM DRISS (EVP, STRATEGY & BUSINESS DEVELOPMENT): $215,428 total reported compensation
- NICOLE MARTIN (DIR OF PRECISION MEDICINE): $202,411 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Lungevity's vision is a world where no one dies of lung cancer. Lungevity foundation is firmly committed to making an immediate impact on increasing quality-of-life and survivorship of people with lung cancer by accelerating research into early detection and more effective treatments, as well as providing community, support and education for all those affected by the disease. By keeping patients at the center of all we do, we are transforming lung cancer and making progress every single day.lungevity moves forward firmly resolved to provide the energy, inspiration, and resources that are critical to making lung cancer a national priority. Lungevity is a responsible steward of your donation, spending it to transform lung cancer.
What it reported doing in 2024
Improving access to care - works to improve access to life-saving care in underserved communities through various initiatives, including efforts to streamline the clinical trial process and make it more accessible to patients, and ensuring biomarker testing is available to all patients diagnosed with non-small cell lung cancer.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 66% for direct work, and 34% 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 79
- Accountability: 97
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.2%; rating input score 87
- Program expense ratio: 85.1%; rating input score 85
- Fundraising efficiency: $9.89 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- 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: 94.7%; rating input score 95; 28th 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: -2.2%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 65; 65th percentile among comparable filings
- Officer compensation ratio: 9.5%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 12% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 9.1% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 3.8% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 87.2% of revenue deployed · 85.1% of spending went to programs
- Governance: 18 of 19 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $12.4M in reported program spending
- Leadership: top reported pay $235K · 25 people listed · 2 of 6 pay-setting controls reported
- Consistency: 37 of 37 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 38/100.
- High — Sustainability: Operating margin scored 23/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Sustainability: Officer compensation ratio scored 22/100.