Nsabp Foundation Inc
- Assets
- $83.9m
- Revenue
- $33.1m
- Investments
- $1.1m
- Employees
- 114
- Location
- Pittsburgh, PA
- Founding
- 07/1996
- Data as of
- 06/2022
- 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 06/2022, Nsabp Foundation Inc employed 114 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 06/2022, Nsabp Foundation Inc generated $33.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $32.1m during the year ending 06/2022. While expenses have increased by 1.7% per year over the past 7 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
2022
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 |
|---|---|---|---|
Norman Wolmark MD Chair | OfficerTrustee | 10 | $198,403 |
Jack Berkebile Chief Executive Officer & Secretary | OfficerTrustee | 40 | $330,098 |
Harry Bear MD PHD Director | Trustee | 1 | $0 |
Pat Halpin-Murphy Ms Director | Trustee | 1 | $0 |
Sally Mccrady Director | Trustee | 1 | $0 |
Eva Blum Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Linda Robitaille Monitoring | 6/29/22 | $314,400 |
Pam Williams Monitoring | 6/29/22 | $226,288 |
Gloria Gero Monitoring | 6/29/22 | $155,200 |
Robin Burgess Monitoring | 6/29/22 | $134,725 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,515,590 |
| All other contributions, gifts, grants, and similar amounts not included above | $163,371 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,678,961 |
| Total Program Service Revenue | $26,015,820 |
| Investment income | $2,254,469 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $242,394 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $33,104,378 |
| 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. | $1,201,837 |
| Compensation of current officers, directors, key employees. | $396,339 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,755,589 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $943,427 |
| Payroll taxes | $501,578 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,578 |
| Fees for services: Accounting | $75,330 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $144,000 |
| Fees for services: Other | $2,018,240 |
| Advertising and promotion | $0 |
| Office expenses | $512,519 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,574,722 |
| Travel | $267,437 |
| 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 | $279,343 |
| Insurance | $150,799 |
| All other expenses | $110,612 |
| Total functional expenses | $32,069,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,857,580 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,755,864 |
| 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 | $366,380 |
| Net Land, buildings, and equipment | $414,805 |
| Investments—publicly traded securities | $55,684,962 |
| Investments—other securities | $1,087,828 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $717,833 |
| Total assets | $83,885,252 |
| Accounts payable and accrued expenses | $10,147,741 |
| Grants payable | $0 |
| Deferred revenue | $30,472,687 |
| 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 | $40,620,428 |
| Net assets without donor restrictions | $43,115,024 |
| Net assets with donor restrictions | $149,800 |
| 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 | $83,885,252 |