California Oncology Research Institute Inc
- Assets
- $1.9m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 42-1757010
Organization Overview
California Oncology Research Institute Inc is located in Santa Monica, CA. The organization was established in 2009. 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. California Oncology Research Institute 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 12/2021, California Oncology Research Institute Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $267.1k 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
THE SPECIFIC PURPOSE IS TO SUPPORT MEDICAL RESEARCH IN THE FIELD OF ONCOLOGY AND CONDUCT COMMUNITY OUTREACH EDUCATIONAL ACTIVITIES IN UNDERSERVED POPULATIONS RELATED TO THE SCREENING AND PREVENTION OF CANCER. TO FURTHER ITS PURPOSE, THE CORPORATION CONDUCTS RESEARCH TO DEVELOP AND ADVANCE METHODOLOGIES FOR DIAGNOSIS, TREATMENT AND CURE OF CANCER. IN ADDITION, THE CORPORATION SUPPORTS OTHER ORGANIZATIONS CONDUCTING CANCER RESEARCH, GIVES LECTURES ON THE SUBJECT OF CANCER DIAGNOSIS AND TREATMENT, AND DISSEMINATES INFORMATION TO THE GENERAL PUBLIC. FURTHER, THE CORPORATION ACCEPTS CONTRIBUTIONS AND MAKES CONTRIBUTIONS TO PROMOTE THE FURTHERANCE OF MEDICAL RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CORI FUNDED EDUCATIONAL EVENTS AND FREE CANCER SCREENINGS IN THE INNER CITY. THESE EVENTS HAVE BEEN EXPANDED TO INCLUDE PSYCHOSOCIAL SUPPORT AND CANCER PREVENTION TRAINING. THE OUTREACH ACTIVITIES HAVE ALSO BEEN EXPANDED TO INCLUDE YOUTH ORGANIZATIONS SUCH AS THE DREAM CENTER (AN INTERNATIONAL ORGANIZATION DEVOTED TO HELPING YOUNG INDIVIDUALS AND COMMUNITIES IN NEED). CORI DOCTORS WHO VOLUNTEER THEIR TIME HAVE EITHER EDUCATED OR PROVIDED FREE CANCER SCREENINGS TO MORE THAN 300,000 PEOPLE THROUGHOUT THE GREATER LOS ANGELES AREA. AS A RESULT, CORI WAS RECOGNIZED BY THE CITY OF LOS ANGELES FOR THIS WORK.DURING 2021 THE ORGANIZATION WAS INVITED TO CO-SPONSOR TWO EDUCATIONAL OUTREACH PRESENTATIONS WITH THE FIGHTING AGAINST CANCER FOR EVERYONE IN THE SPIRIT (F.A.C.E.S.) ORGANIZATION AT THE INGLEWOOD SOUTHSIDE CHRISTIAN CHURCH. DETAILS OF THE EVENTS ARE AS FOLLOWS.JUNE 5, 2021 - IN RECOGNITION OF PROSTATE CANCER AWARENESS MONTH, SPEECH BY DR. JENNIFER LINEHAN "MAKING PEACE WITH YOUR PROSTATE". THE EVENT WAS ATTENDED BY 75 INDIVIDUALS FROM THE COMMUNITY.OCTOBER 2, 2021 - BREAST CANCER AWARENESS DR. DENNIS HOLMES AND AARIN ABLES WILLIAMS, MS, LCGC PRESENTED ON THE LATEST IN BREAST CANCER TREATMENT. THE EVENT WAS ATTENDED BY APPROXIMATELY 80 INDIVIDUALS FROM THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anton Bilchik MD Secretary | OfficerTrustee | 7 | $0 |
Ruth Weil Director | OfficerTrustee | 2 | $0 |
Jonathan Jacobs President | Officer | 1 | $0 |
Linda Keefer Director | Trustee | 1 | $0 |
Rick Bender Director | Trustee | 1 | $0 |
Nicholas Thacker Director | Trustee | 0 | $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 | $1,112,760 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,112,760 |
| Total Program Service Revenue | $0 |
| Investment income | $12,750 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$485 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,125,025 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| 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 | $2,452 |
| Fees for services: Accounting | $1,240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,570 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,270 |
| Office expenses | $5,078 |
| 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 | $3,916 |
| All other expenses | $1,432 |
| Total functional expenses | $267,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,304 |
| Savings and temporary cash investments | $0 |
| 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 | $1,818,062 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,909,366 |
| 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 | $1,392,852 |
| Net assets with donor restrictions | $516,514 |
| 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 | $1,909,366 |
Grants Awarded
Over the last fiscal year, California Oncology Research Institute Inc has awarded $166,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH COMMUNITY FOUNDATION | | | $116,000 |
Santa Monica, CA | | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that California Oncology Research Institute Inc has recieved totaling $69,320.
| Awarding Organization | Amount |
|---|---|
| $52,420 | |
G Schoenfeld Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Boudjakdji Foundation Santa Monica, CA PURPOSE: RESEARCH | $4,400 |
Banchik Family Foundation Los Angeles, CA PURPOSE: CHARITY | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jonsson Cancer Center Foundation- Ucla Los Angeles, CA | $29,334,497 | $13,187,047 |
Translational Research In Oncology Us Inc Los Angeles, CA | $23,537,777 | $8,265,596 |
Pediatric Cancer Research Foundation Irvine, CA | $3,627,407 | $2,821,956 |
Nevada Cancer Research Foundation Inc Las Vegas, NV | $637,661 | $2,412,271 |
The International Genomics Consortium Phoenix, AZ | $13,871,737 | $3,350,681 |
Cancer Prevention Institute of California (CPIC) Foster City, CA | $0 | $44,595 |
Vanguard Cancer Foundation Long Beach, CA | $1,374,337 | $177,388 |
Prostate Cancer Research Institute Culver City, CA | $2,240,081 | $999,786 |
Keatons Child Cancer Alliance Roseville, CA | $375,909 | $787,785 |
Ethos Discovery San Diego, CA | $1,024,175 | $920,855 |
Sino-American Cancer Foundation Arcadia, CA | $0 | $1,131,529 |
Grassrootshealth Encinitas, CA | $16,808 | $760,113 |