Pablove Foundation Inc

Nonprofit profile at a glance

EIN
263006100
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Los Angeles, CA, USA
Phone
3236575557
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$576,566
Expenses
$800,433
Assets
$650,544
Liabilities
$165

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

Leadership & pay

11 people listed

Executive titles in this filing

  • TINA SCHWARTZ (PRESIDENT)
  • EMILY KEITH (EXECUTIVE DIRECTOR)

Highest reported compensation

  • EMILY KEITH (EXECUTIVE DIRECTOR): $165,000 total reported compensation

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

Overview

Mission

The mission of the pablove foundation is to invest in underfunded, cutting-edge pediatric cancer research, and to improve the lives of children living with cancer through the arts.

What it reported doing in 2024

Pablove's powered by pablove childhood cancer research grants program is dedicated to awarding $50,000 seed grants to promising, early-career investigators. These grants enable researchers to discover and apply novel approaches to understanding childhood cancer, share their findings widely, and secure greater funding for larger, more advanced research projects and programs.this strategy has been remarkably successful in laying the foundation for exceptional breakthroughs in both scientific and clinical knowledge. Pablove's dream is to ensure that no brilliant, promising scientist goes unfunded during the crucial early phase of research needed to advance discoveries from the lab bench to the patient bedside. Children everywhere are waiting for the innovative treatments and cures that this research can provide.in 2024, we awarded two powered by pablove seed grants, each providing $50,000 for one year of funding. We also continued funding for one powered by pablove grant focused on opsoclonus myoclonus syndrome (oms), which provided $100,000 over two years.pablove-funded research is conducted at prestigious institutions including johns hopkins university school of medicine, the hospital for sick children in toronto, the university of California, san francisco, and children's hospital los angeles, among others. Each project focuses on a different rare pediatric cancer, including opsoclonus myoclonus syndrome, pediatric brain tumors, osteosarcoma, and malignant peripheral nerve sheath tumors.pablove strongly believes in supporting these cutting-edge initiatives to uncover new pathways toward better treatments-and ultimately cures-for these challenging and often devastating pediatric cancers. Pediatric cancer research remains an underserved field, and we are committed to doing our part to make a difference. Continued investment is essential to discover more effective treatments and reduce side effects, protecting the futures of these precious children.

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 75% for direct work, and 25% for grants.

The verdict

SUPPORTED - 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: 85
  • Transparency & Controls: 63
  • Accountability: 84
  • Sustainability: 24
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 73.7%; rating input score 74
  • Fundraising efficiency: $10.32 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: 0 of 8 controls in place; rating input score 0
    • Claims monitoring procedures: Fail
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90.9%; rating input score 91; 23rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -38.8%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 82; 82nd percentile among comparable filings
  • Officer compensation ratio: 20.6%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: -1.7% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -7% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -5.6% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 73.7% of spending went to programs
  • Governance: 10 of 11 board members independent · 6 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $590K in reported program spending
  • Leadership: top reported pay $165K · 11 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 7 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 4 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: 8 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.