Knox Martin Foundation For Brain Cancer Research Inc is located in Gainesville, GA. 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. As of 12/2023, Knox Martin Foundation For Brain Cancer Research Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knox Martin Foundation For Brain Cancer Research 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 12/2023, Knox Martin Foundation For Brain Cancer Research Inc generated $488.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 41.3% each year . All expenses for the organization totaled $464.9k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE KNOX MARTIN FOUNDATION FOR BRAIN CANCER RESEARCH WAS CREATED TO FUND THE NEXT BREAKTHROUGH IN BRAIN CANCER - PARTICULARLY IN AGGRESSIVE BRAIN CANCERS - GIVING WARRIORS LIKE KNOX MARTIN A LONGER LIFE EXPECTANCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IDENTIFY AND FUND LABS AND/OR RESEARCHERS WHO ARE CONDUCTING THE MOST INNOVATIVE AND PROMISING RESEARCH FOR BRAIN TUMOR/BRAIN CANCER TREATMENT. OUR VISION IS A WORLD WHERE A GBM DIAGNOSIS IS TREATABLE AND CURABLE.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Rebecka Denise Martin President/ce | OfficerTrustee | 40 | $90,000 | 
| Madison Elizabeth Letts COO | OfficerTrustee | 40 | $39,268 | 
| Patrick Brooks Baughman Board Chair | OfficerTrustee | 5 | $0 | 
| Wade Stedman Cox Board Vice C | OfficerTrustee | 5 | $0 | 
| Gabriel John Finger Director Of | Trustee | 2 | $0 | 
| Lucas J Jenkins Dir Of Busin | Trustee | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $0 | 
| Fundraising events | $17,500 | 
| Related organizations | $0 | 
| Government grants | $0 | 
| All other contributions, gifts, grants, and similar amounts not included above | $432,292 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $449,792 | 
| Total Program Service Revenue | $0 | 
| Investment income | $1,047 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $0 | 
| Net Income from Fundraising Events | $35,537 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $488,266 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250,000 | 
| 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. | $129,268 | 
| Compensation of current officers, directors, key employees. | $19,390 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $0 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $0 | 
| Payroll taxes | $13,179 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $7,634 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $0 | 
| Advertising and promotion | $4,784 | 
| Office expenses | $10,996 | 
| Information technology | $3,010 | 
| Royalties | $0 | 
| Occupancy | $0 | 
| Travel | $32,303 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $12,714 | 
| Interest | $267 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $0 | 
| Insurance | $719 | 
| All other expenses | $0 | 
| Total functional expenses | $464,874 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,446 | 
| 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 | $14,000 | 
| Net Land, buildings, and equipment | $0 | 
| Investments—publicly traded securities | $7,396 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $178,842 | 
| Accounts payable and accrued expenses | $949 | 
| 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 | $949 | 
| Net assets without donor restrictions | $177,893 | 
| 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 | $178,842 |