Egypt Cancer Network 57357 And Afnci Inc
- Assets
- $7.8m
- Revenue
- $2.6m
- Investments
- $5.1m
- Employees
- 4
- Location
- Newport Beach, CA
- Founding
- 09/2010
- Data as of
- 12/2023
- EIN
- 26-2192003
Organization Overview
Egypt Cancer Network 57357 And Afnci Inc is located in Newport Beach, CA. The organization was established in 2010. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Egypt Cancer Network 57357 And Afnci Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Egypt Cancer Network 57357 And Afnci 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, Egypt Cancer Network 57357 And Afnci Inc generated $2.6m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 9 years. 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
TO PROVIDE CHARITABLE SUPPORT TO EGYPTIAN HOSPITALS AND NON-PROFIT ORGANIZATIONS FOCUSED ON CANCER IN THE AREAS OF PATIENT CARE, SCIENTIFIC ADVANCEMENT AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAMS: THE EGYPT CANCER NETWORK(ECN) 57357 ANDAFNCI ARE SPONSORING THE DANA FARBER CHILDREN'S HOSPITAL CANCERCENTER AND THE CHILDREN'S CANCER HOSPITAL EGYPT (CCHE) 57357PEDIATRIC ONCOLOGY FELLOWSHIP PROGRAM WHICH WAS FORMALLY SIGNED IN2012. THE COST INCLUDES PROGRAM DEVELOPMENT, SIGNING CEREMONY,AND COMMITTEE MEETINGS. THEY HAVE ALSO SUPPORTED CCHE 57357PHYSICIANS AND RESEARCHERS TO ATTEND LEADING INTERNATIONALCONFERENCES OR WORKSHOPS IN ORDER TO GIVE PRESENTATIONS OF THEIRRESEARCH AND WORK AT 57357 OR LEARN SPECIFIC TECHNIQUES. THIS HASINCLUDED TRIP, REGISTRATION, HOTEL, AND PER DIEM EXPENSES.
LINE 4B, PROGRAM SERVICE------------------------SEREEN FUND- ECN DESIGNATED FUND THAT PURCHASES TOYS AND ARTSUPPLIES TO THE PATIENTS IN THE HOSPITAL. THESE ITEMS ARE USEDWHILE THE CHILDREN ARE IN THE HOSPITAL AND UNDERGOING CHEMO TOHELP THEM FEEL BETTER EMOTIONALLY. CANADA PROJECT- ECN USA HELPEDLAUNCH A NEW BRANCH IN CANADA (ECN CANADA). FUNDS WENT TO HELP SETUP THE ORGANIZATION AS WELL AS APPLY FOR TAX EXEMPT STATUS. ECNCANADA IS NOW SELF SUFFICIENT. ADVERTISING- ECN LAUNCHED ANADVERTISING CAMPAIGN TO HELP SOLICIT DONATIONS DURING THE GIVINGMONTH OF RAMADAN TO HELP ENCOURAGE DONORS TO GIVE THEIR DONATIONSDURING THIS HOLY MONTH TO THE CHILDREN OF HOSPITAL 57357. THESEMARKETING DOLLARS WENT TO HELP WITH THE FUNDING OF THE HOSPITALEXPANSION AS WELL AS PATIENT CARE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah J Sabet Director Of Daily Operations | 35 | $75,720 | |
Dr Hisham Seify President | OfficerTrustee | 5 | $0 |
Dr Sherif Abouelnaga Secretary | OfficerTrustee | 5 | $0 |
Dr Mark Kieran Treasurer | OfficerTrustee | 5 | $0 |
Patricia Pruden Director | Trustee | 5 | $0 |
Dr Safwan Aly Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rtkl International Ltd Hospital Expansion | 12/30/16 | $776,377 |
Logic Managements Hospital Expansion | 12/30/16 | $102,712 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,209 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,462,806 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,513,015 |
| Total Program Service Revenue | $0 |
| Investment income | $99,614 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,950 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,591,679 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $75,720 |
| Compensation of current officers, directors, key employees. | $75,720 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,835 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $131,139 |
| Fees for services: Accounting | $68,662 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,814 |
| Fees for services: Other | $80,565 |
| Advertising and promotion | $107,750 |
| Office expenses | $99,842 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $39,085 |
| 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 | $4,422 |
| All other expenses | $0 |
| Total functional expenses | $2,531,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $574,094 |
| Savings and temporary cash investments | $2,134,671 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,997 |
| 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 | $3,173 |
| Net Land, buildings, and equipment | $2,200 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,092,182 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $7,844,318 |
| Accounts payable and accrued expenses | $161,910 |
| Grants payable | $1,237,739 |
| 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 | $1,399,649 |
| Net assets without donor restrictions | $5,674,477 |
| Net assets with donor restrictions | $770,192 |
| 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 | $7,844,318 |