Nsabp Foundation Inc
- Assets
- $90.3m
- Revenue
- $55.9m
- Investments
- $901.6k
- Employees
- 108
- Location
- Pittsburgh, PA
- Founding
- 07/1996
- Data as of
- 06/2021
- EIN
- 25-1781357
Organization Overview
Nsabp Foundation Inc is located in Pittsburgh, PA. The organization was established in 1996. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. As of 06/2021, Nsabp Foundation Inc employed 108 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nsabp Foundation Inc 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 06/2021, Nsabp Foundation Inc generated $55.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $47.6m during the year ending 06/2021. While expenses have increased by 8.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
RESEARCH TO IMPROVE SURVIVAL & QUALITY OF LIFE OF PATIENTS WITH BREAST & COLORECTAL CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE USE OF CLINICAL TRIALS TO FURTHER THE UNDERSTANDING OF BREAST AND COLORECTAL CANCERS AND TO USE THIS INFORMATION TO REDUCE THE INCIDENCE OF THESE CANCERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Berkebile Chief Executive Officer & Secretary | Officer | 40 | $342,817 |
Samuel Jacobs MD Director Of Medical Affairs | 32 | $203,121 | |
Norman Wolmark MD Chair | OfficerTrustee | 14 | $198,483 |
Joan Beyer Goldberg Former Chief Executive Officer | 40 | $196,282 | |
Elaine Junio Former Chief Financial Officer | 40 | $168,716 | |
Ronald Sugar Chief Financial Officer | Officer | 40 | $139,869 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Linda Robitaille Monitoring | 6/29/21 | $164,350 |
Pam Williams Monitoring | 6/29/21 | $227,200 |
Gloria Gero Monitoring | 6/29/21 | $156,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,163,898 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,629 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,227,527 |
| Total Program Service Revenue | $40,865,051 |
| Investment income | $946,335 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,956,372 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $55,869,172 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $1,494,035 |
| Compensation of current officers, directors, key employees. | $569,903 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,973,679 |
| Pension plan accruals and contributions | $1,326,711 |
| Other employee benefits | $0 |
| Payroll taxes | $537,740 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,310 |
| Fees for services: Accounting | $68,945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $116,000 |
| Fees for services: Other | $2,749,626 |
| Advertising and promotion | $0 |
| Office expenses | $795,127 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,664,790 |
| Travel | $83,603 |
| 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 | $487,769 |
| Insurance | $114,792 |
| All other expenses | $55,795 |
| Total functional expenses | $47,581,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,264,476 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,290,509 |
| 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 | $166,277 |
| Net Land, buildings, and equipment | $473,402 |
| Investments—publicly traded securities | $65,210,619 |
| Investments—other securities | $901,601 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,027,050 |
| Total assets | $90,333,934 |
| Accounts payable and accrued expenses | $11,406,621 |
| Grants payable | $0 |
| Deferred revenue | $26,545,355 |
| 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 | $37,951,976 |
| Net assets without donor restrictions | $52,332,208 |
| Net assets with donor restrictions | $49,750 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $90,333,934 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Nsabp Foundation Inc has recieved totaling $30,028.
| Awarding Organization | Amount |
|---|---|
Myrtle Forsha Tr Ua 092976 Pittsburgh, PA PURPOSE: BIOBANKING SERVICE PROGRAM | $20,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Endowment Analysis
| Net Contributions | $29,750 |
| Ending Balance | $29,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ludwig Institute For Cancer Research New York, NY | $25,811,385 | $89,264,708 |
Institute For Cancer Research Philadelphia, PA | $148,137,241 | $82,576,402 |
Wistar Institute Of Anatomy & Biology Philadelphia, PA | $414,460,000 | $115,831,000 |
American Association For Cancer Research Philadelphia, PA | $261,131,206 | $103,171,549 |
The Gog Foundation Inc Edgewater, MD | $96,851,330 | $51,133,816 |
Nsabp Foundation Inc Pittsburgh, PA | $90,333,934 | $55,869,172 |
Cancer Research Institute Inc New York, NY | $130,438,312 | $33,675,150 |
Centre County Cancer Center State College, PA | $6,772,389 | $27,589,392 |
Nrg Oncology Foundation Inc Philadelphia, PA | $13,392,636 | $27,206,954 |
Cancer Research America Nfcr Inc Rockville, MD | $12,283,856 | $11,465,290 |
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 |