Lung Cancer Foundation Of America
- Assets
- $1.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 4
- Location
- New Ulm, MN
- Founding
- 11/2007
- Data as of
- 12/2021
- EIN
- 20-8730839
Organization Overview
Lung Cancer Foundation Of America is located in New Ulm, MN. The organization was established in 2007. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Lung Cancer Foundation Of America employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lung Cancer Foundation Of America 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, Lung Cancer Foundation Of America generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 18.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF LUNG CANCER FOUNDATION OF AMERICA (LCFA) IS THE DRAMATIC IMPROVEMENT IN SURVIVORSHIP OF LUNG CANCER PATIENTS THROUGH THE FUNDING OF TRANSFORMATIVE SCIENCE, WITH THE ULTIMATE GOAL OF CURING THE DISEASE. TO ACCOMPLISH THIS, LCFA HAS WORKED TO RAISE BOTH THE FUNDS AND THE NATIONAL PROFILE OF LUNG CANCER IN ORDER TO SUBSTANTIALLY INCREASE SUPPORT OF INNOVATIVE AND GROUNDBREAKING RESEARCH EFFORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUNG INVESTIGATOR LUNG CANCER RESEARCH GRANTS
LUNG CANCER PUBLIC AWARENESS
PATIENT EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Baranski Executive Director | OfficerTrustee | 40 | $174,000 |
Kim Norris President | OfficerTrustee | 40 | $87,000 |
David Sturges Treasurer | OfficerTrustee | 10 | $0 |
Susan Mandel MD Secretary | OfficerTrustee | 10 | $0 |
Marta Kauffman Director | Trustee | 1 | $0 |
David T Levinson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $6,822 |
| Membership dues | $0 |
| Fundraising events | $23,823 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,267,276 |
| Noncash contributions included in lines 1a–1f | $17,173 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,297,921 |
| Total Program Service Revenue | $0 |
| Investment income | $414 |
| 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 | $1,298,335 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $200,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $282,418 |
| Compensation of current officers, directors, key employees. | $28,292 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,210 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,748 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,644 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $420,440 |
| Advertising and promotion | $0 |
| Office expenses | $8,018 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,212 |
| Travel | $1,002 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $223 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,114 |
| All other expenses | $11,681 |
| Total functional expenses | $1,089,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $595,486 |
| Savings and temporary cash investments | $259,453 |
| Pledges and grants receivable | $444,132 |
| 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 | $4,722 |
| 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 | $1,303,793 |
| Accounts payable and accrued expenses | $44,346 |
| Grants payable | $400,000 |
| 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 | $444,346 |
| Net assets without donor restrictions | $229,716 |
| Net assets with donor restrictions | $629,731 |
| 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 | $1,303,793 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Lung Cancer Foundation Of America has recieved totaling $388,069.
| Awarding Organization | Amount |
|---|---|
International Lung Cancer Foundation Denver, CO PURPOSE: SUPPORT DEVELOPMENT OF RESEARCH AND YOUNG MEDICAL PROFESSIONALS IN THORACIC ONCOLOGY. | $325,000 |
John And Patricia Adams Family Foundation Concord, CA PURPOSE: MEDICAL | $16,478 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $12,300 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,900 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $7,282 |
Noel C And Ida B Smith Charitable Foundation Mesa, AZ PURPOSE: GENERAL FUND | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fairwaycares Inc Madison, WI | $4,640,276 | $2,059,491 |
Lung Cancer Foundation Of America New Ulm, MN | $1,303,793 | $1,298,335 |
Steve Rummler Hope Network St Paul, MN | $635,822 | $1,043,933 |
A Breath Of Hope Lung Foundation Wayzata, MN | $1,150,164 | $1,194,306 |
Team Phenomenal Hope Inc Beloit, WI | $556,543 | $565,493 |
This Time Tomorrow Inc Menomonee Falls, WI | $505,570 | $385,797 |
Paul's Pals Inc Minnetonka, MN | $35,106 | $238,734 |
Minnesota Colorectal Cancer Research Foundation St Paul, MN | $289,500 | $294,589 |
Toris Angels Foundation Panora, IA | $712,963 | $393,136 |
Spierings Cancer Foundation Appleton, WI | $391,482 | $295,616 |
Foundation Of The Minnesota Medical Association Minneapolis, MN | $1,930,800 | $303,546 |
Shoot For Cooper Inc Reedsville, WI | $46,017 | $0 |