Prostate Cancer Research Institute

Nonprofit profile at a glance

EIN
954617875
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Culver City, CA, USA
Phone
3107432116
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Health

Reported finances

Revenue
$1,630,544
Expenses
$1,255,954
Assets
$3,087,250
Liabilities
$399,669

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

Leadership & pay

12 people listed

Executive titles in this filing

  • Chester A Swenson (President)
  • Michael L Steinberg MD (Vice President)

Highest reported compensation

  • ALEX SCHOLZ (KEY EMPLOYEE): $174,250 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 Prostate Cancer Research Institutes (PCRI) mission is to improve the quality of mens lives by supporting research and disseminating information that educates and empowers patients, families, and the medical community. PCRI accomplishes this by:1) Empowering patients with knowledge of the most effective known treatment options that limit the risks of complications and side effects.2) Encouraging physicians to stay medically current and helping them access and actively engage with top experts in the field.3) Providing information based upon peer-reviewed medical research, literature, and reputable studies that enable patients to knowledgeably participate with their health care team in developing the best individual treatment strategy.4) Supporting research that can most immediately improve patient health outcomes.5) Advocating treatment options based on the biologic manifestations of the cancer, the patients overall health, and the outcomes desired by the patient.6) Educating through

What it reported doing in 2024

EDUCATIONAL VIDEOS AND WEBINARS: The Support Group Video Subscription Series provides an outreach program that supplies group leaders with educational presentations and materials on a bi-monthly basis.EDUCATION AND IMAGING / WEBSITE: PCRI provides the latest tools and updates that may immediately benefit patients and physicians willing to explore advances available to treat prostate cancer.

Operating model

Revenue model
Donor-supported. 62% 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. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 74
  • Accountability: 95
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.4%; rating input score 71
  • Program expense ratio: 89.8%; rating input score 90
  • Fundraising efficiency: $26.68 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Limited
  • 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: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 23%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 2.46; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 13.9%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: 3.6% per year; rating input score 100; 35th percentile among comparable filings
  • Revenue growth: 4% per year; rating input score 100; 37th percentile among comparable filings
  • Asset growth: 8.3% per year; rating input score 100; 53rd percentile among comparable filings

Details

  • Where the money goes: 71.4% of revenue deployed · 89.8% of spending went to programs
  • Governance: 10 of 11 board members independent · 7 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $1.1M in reported program spending
  • Leadership: top reported pay $174K · 12 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Officer compensation ratio scored 26/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.