The 1 In 6 Foundation
- Assets
- $173.6k
- Revenue
- $16.3k
- Investments
- $136.3k
- Employees
- 0
- Location
- Akron, OH
- Founding
- 07/2005
- Data as of
- 12/2021
- EIN
- 20-2797605
Organization Overview
The 1 In 6 Foundation is located in Akron, OH. The organization was established in 2005. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 1 In 6 Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, 1 In 6 Foundation generated $16.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.1%) each year. All expenses for the organization totaled $53.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE MONEY FOR PROSTATE CANCER RESEARCH AND AWARENESS PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROSTATE CANCER PROGRAM - STEWART'S CARING PLACE
SUMMA FOUNDATION - MRI TESTING
CLEVELAND CLINIC FOUNDATION - RESEARCH FUNDING
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Berke Director | OfficerTrustee | 0.25 | $0 |
Al Barracato Director | OfficerTrustee | 0.25 | $0 |
Dirk M Hiney Vice-Preside | OfficerTrustee | 0.25 | $0 |
Rick Juve Director | OfficerTrustee | 0.25 | $0 |
Mike Lobalzo Director | OfficerTrustee | 0.25 | $0 |
Andrew Holland Director | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,185 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,185 |
| Total Program Service Revenue | $0 |
| Investment income | $4,245 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$137 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,293 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,584 |
| Fees for services: Other | $100 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,116 |
| All other expenses | $0 |
| Total functional expenses | $53,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,362 |
| Savings and temporary cash investments | $31,929 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $136,261 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $173,552 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $173,552 |
| Total liabilities and net assets/fund balances | $173,552 |
Grants Awarded
Over the last fiscal year, The 1 In 6 Foundation has awarded $45,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Akron, OH PURPOSE: MRI TESTING | $30,000 |
Fairlawn, OH PURPOSE: PROSTATE CANCER PROG | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The 1 In 6 Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Akron Community Foundation Akron, OH PURPOSE: FOR GENERAL PROGRAM SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $115,372 |
| Earnings | -$664 |
| Admin Expense | $1,584 |
| Net Contributions | $20,889 |
| Ending Balance | $134,014 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Premier Community Health Dayton, OH | $3,886,537 | $6,142,148 |
Abraham J And Phyllis Katz Cord Blood Foundation Cleveland, OH | $4,596,233 | $6,882,274 |
University Of Kentucky Markey Cancer Foundation Inc Lexington, KY | $19,134,513 | $1,289,166 |
For Petes Sake Cancer Respite Foundation Plymouth Meeting, PA | $5,811,462 | $3,990,620 |
Sbarro Health Research Organization Inc Philadelphia, PA | $1,818,007 | $1,444,668 |
Maple Tree Cancer Alliance Dayton, OH | $804,446 | $1,383,913 |
The Leonard And Madlyn Abramson Family Cancer Research Institute Philadelphia, PA | $9,146,626 | $1,244,628 |
Ohio Cancer Research Associates Columbus, OH | $302,143 | $836,728 |
Wood Hudson Cancer Research Laboratory Inc Newport, KY | $54,376,827 | $1,503,910 |
Ride Cincinnati Foundation Mason, OH | $83,063 | $561,556 |
Steven G Aya Cancer Research Fund Avon Lake, OH | $173,091 | $338,585 |
Marjorie B Graves Irrv Tr North Manchester, IN | $3,313,807 | $188,301 |