Ray Of Hope Cancer Foundation

Organization Overview

Ray Of Hope Cancer Foundation is located in Denver, CO. The organization was established in 2003. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. As of 12/2023, Ray Of Hope Cancer Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ray Of Hope Cancer Foundation 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, Ray Of Hope Cancer Foundation generated $1.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 10.3% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION RESPONDS TO THE URGENT NEEDS OF COLORADANS WITH CANCER BY PROVIDING FINANCIAL ASSISTANCE WITH DIGNITY AND HUMANITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO CANCER PATIENTS WITH MARGINAL RESOURCES OF ALL AGES THROUGHOUT COLORADO. A GRANTS COMMITTEE, COMPRISED OF A MULTI-DISCIPLINARY GROUP OF MEDICAL PROFESSIONALS, SOCIAL WORKERS, AND COMMUNITY MEMBERS, MEETS MONTHLY TO APPROVE APPLICATIONS RECEIVED BY THE FOUNDATION. IN 2023, THE FOUNDATION AWARDED GRANTS AND OTHER ASSISTANCE TO 780 CANCER PATIENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Audra Fleming
Executive Di
$123,475
Anna-Liisa Mullies JD
Chair
$0
Bob Jones
Director
$0
Jenny Lagerberg
Treasurer
$0
Dana Malick
Director
$0
Stacy Fischer MD
Director
$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$675,085
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$675,085
Total Program Service Revenue$0
Investment income $72,642
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $32,359
Net Income from Fundraising Events $222,813
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,002,899

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