Broach Foundation For Brain Cancer Research
- Assets
- $383.5k
- Revenue
- $130.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 45-3853626
Organization Overview
Broach Foundation For Brain Cancer Research is located in Houston, TX. The organization was established in 2012. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, 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. Broach Foundation For Brain Cancer Research 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, Broach Foundation For Brain Cancer Research generated $130.1k 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 (21.1%) each year. All expenses for the organization totaled $760.0k 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 PROMOTE FUNDING FOR BRAIN CANCER RESEARCH SO THAT EFFECTIVE TREATMENTS AND, ULTIMATELY, A CURE WILL BE FOUND. ALL NET PROCEEDS RAISED ARE GIVEN AS GRANTS TO QUALIFIED RESEARCH CLINICS & DOCTORS WHO ARE CONDUCTING PROMISING RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION RAISED OVER $233,000 DURING 2021. THERE WERE NO FUNDRAISING EVENTS IN 2020 AND 2021 DUE TO THE PANDEMIC. A GRANT WAS GIVEN TO A MAJOR CANCER AND RESEARCH HOSPITAL DURING 2021. THE RESEARCH FOCUSES ON DEVELOPING NOVEL GENE, VIRAL, AND STEM CELL APPROACHES FOR THE TREATMENT OF BRAIN TUMORS WITH THE HOPES OF TRANSLATING THESE THERAPEUTIC APPROACHES TO MAJOR CLINICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kotrla Deanna Executive Director | Officer | 25 | $44,000 |
Broach Jamie President | OfficerTrustee | 15 | $0 |
Askari Jennifer Elliott Secretary/treasurer | OfficerTrustee | 2 | $0 |
Taaffe Ryan Vice-President | OfficerTrustee | 2 | $0 |
Bres Jan Director | Trustee | 1 | $0 |
Field Thomas Director | Trustee | 1 | $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 | $130,066 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,066 |
| Total Program Service Revenue | $0 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $130,078 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $700,000 |
| 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. | $44,000 |
| 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 | $1,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,250 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $138 |
| 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 | $0 |
| All other expenses | $1,239 |
| Total functional expenses | $759,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,567 |
| Savings and temporary cash investments | $115,372 |
| 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 | $86,513 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $383,452 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $103,000 |
| 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 | $103,000 |
| Net assets without donor restrictions | $280,452 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $383,452 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Broach Foundation For Brain Cancer Research has recieved totaling $33,012.
| Awarding Organization | Amount |
|---|---|
Credit Suisse Americas Foundation New York, NY PURPOSE: GENERAL OPERATING | $23,432 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $7,750 |
H English And Ermine Carter Robinson Foumdation Las Vegas, NV PURPOSE: GENERAL SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $530 |
The Forest Family Foundation Inc Scarsdale, NY PURPOSE: TO SUPPORT VARIOUS PROGRAMS | $300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Angelman Syndrome Therapeutics Austin, TX | $17,749,994 | $3,977,487 |
National Trauma Institute San Antonio, TX | $700,417 | $2,906,343 |
1 Million 4 Anna Foundation Addison, TX | $0 | $147,941 |
International Pediatric Research Foundation Inc The Woodlands, TX | $2,089,828 | $1,515,531 |
Rare Village Foundation Mckinney, TX | $958,533 | $2,314,057 |
Broach Foundation For Brain Cancer Research Houston, TX | $383,452 | $130,078 |
Nancy Taylor Foundation For Chronic Diseases Tulsa, OK | $2,667,551 | $586,944 |
Guadalupe Regional Medical Foundation Seguin, TX | $1,974,239 | $851,459 |
Karnival Krewe De Louisiane Inc Baton Rouge, LA | $31,921 | $440,057 |
Carson Leslie Foundation Dallas, TX | $787,532 | $356,640 |
Be The Difference Foundation Dallas, TX | $239,212 | $300,744 |
Curing Childrens Cancer Fund Houston, TX | $65,752 | $0 |