The Butterfly Strong Foundation
Nonprofit profile at a glance
- EIN
- 991891658
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Hermosa Beach, CA, USA
- Phone
- 3108493034
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Cancer
Reported finances
- Revenue
- $118,946
- Expenses
- $74,689
- Assets
- $51,321
- Liabilities
- $7,064
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- DANA RICHARDS (PRESIDENT)
People named in this filing
- DANA RICHARDS (PRESIDENT)
- CHRISTOS RICHARDS (TREASURER/SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To preserve the dignity of breast cancer patients and their loved ones by supporting their unmet needs through funding value-adding services.
What it reported doing in 2024
Imagine a world without breast cancer. Until that day comes, the butterfly strong foundation remains steadfast in its commitment to raising awareness about early detection, empowering patients so no one faces this journey alone, and uniting in the fight to end breast cancer once and for all. The foundation advocates for prevention, funds groundbreaking research to advance the late dr. Susan love's mission including studies on the genetics of triple-negative breast cancer and the development of biomarker-based tests for earlier detection supports the wecare package program to preserve the dignity of patients during treatment, honors survivors and loved ones through the "honor a butterfly" tribute wall, and provides thousands of butterfly strong trucker hats to patients undergoing treatment, offering strength, hope, and resilience on their path to recovery.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 51% for direct work, and 49% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 100
- Sustainability: 65
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48.6%; rating input score 49
- Program expense ratio: 77.4%; rating input score 77
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 37.2%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 0.69; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 48.6% of revenue deployed · 77.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $58K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.