Kaleidoscope Of Hope Foundation Inc
- Assets
- $623.8k
- Revenue
- $180.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, NJ
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 22-3744037
Organization Overview
Kaleidoscope Of Hope Foundation Inc is located in Madison, NJ. The organization was established in 2002. 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. Kaleidoscope Of Hope 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 12/2023, Kaleidoscope Of Hope Foundation Inc generated $180.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $171.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Kaleidoscope Of Hope Foundation Inc has awarded 24 individual grants totaling $777,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY PURPOSE IS TO EDUCATE AND RAISE AWARENESS OF THE SYMPTOMS OF OVARIAN CANCER, MOBILIZE SURVIVORS OF OVARIAN CANCER TO CHAMPION THE CAUSE, RAISE FUNDS VIA VARIOUS CHARITABLE EVENTS, AND TO AID FINDING A CURE FOR OVARIAN CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONDUCTED THREE WALKATHONS TO RAISE FUNDS TO DONATE TO ORGANIZATIONS THAT AID IN SEARCHING FOR AN EFFECTIVE TEST FOR DETECTING OVARIAN CANCER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Franklin President | OfficerTrustee | 10 | $0 |
Lynn Stahl Vice President | OfficerTrustee | 5 | $0 |
Mary Castle Bd Member | Trustee | 5 | $0 |
Robert Fagella Bd Member | Trustee | 5 | $0 |
Diane Jankowski Bd Member | Trustee | 5 | $0 |
Anthony Romano Bd Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $128,486 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,180 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $201,666 |
| Total Program Service Revenue | $0 |
| Investment income | $24,511 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,198 |
| Net Income from Fundraising Events | -$41,325 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $180,654 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $150,000 |
| Grants and other assistance to domestic individuals. | $2,750 |
| 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 | $0 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,860 |
| Advertising and promotion | $0 |
| Office expenses | $7,442 |
| 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 | $1,847 |
| All other expenses | $594 |
| Total functional expenses | $171,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,805 |
| Savings and temporary cash investments | $186,507 |
| 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 | $330,515 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $623,827 |
| 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 | $623,827 |
| 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 | $623,827 |
Grants Awarded
Over the last fiscal year, Kaleidoscope Of Hope Foundation Inc has awarded $150,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
STEVENS INSTITUTE OF TECHNOLOGY PURPOSE: NUTRITIONAL SUPPLEMENT TAURINE SUPPRESSES OVARIAN CANCER. | $25,000 |
UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER PURPOSE: TO IDENTIFY LIQUID BIOPSY (EXTRACELLULAR VESICLES)BASED MOLECULAR PREDICTORS OF DISEASE PATTERNS FROM PATIENTS FROM MATCHED TISSUES AND BLOOD FROM PATIENTS WITH COMPLETE GROSS RESECTION AND PATIENTS WITH EXCELLENT AND POOR RESPONSE TO CHEMOTHERAPY, FOLLOWED BY CLINICAL VALLIDATION OF OUR FINDING IN PATIENTS WITH HIGHGRADE SEROUS OVARIAN CANCER. | $25,000 |
TRUSTEES OF THE UNIVERISTY OF PENNSYLVANIA PURPOSE: INVESTIGATION OF A NOVEL P53 STABILIZING TARGETED TREATMENT COMBINATION IN TP53 WILD TYPE OVARIAN CANCER. | $50,000 |
TEMPLE UNIVERSITY - OF THE COMMONWEALTH SYSTEM OF HIGHER EDUCATION PURPOSE: UNDERSTANDING THE ROLE OF CARM 1 IN REGULATION OF CYTOKINE-MEDIATED ANTITUMOR RESPONSE IN OVARIAN CANCER. | $50,000 |