Pancreatic Cancer Action Network Inc
- Assets
- $68.2m
- Revenue
- $52.9m
- Investments
- $0.0
- Employees
- 191
- Location
- Manhattan Beach, CA
- Founding
- 09/1999
- Data as of
- 06/2022
- EIN
- 33-0841281
Organization Overview
Pancreatic Cancer Action Network Inc is located in Manhattan Beach, CA. The organization was established in 1999. According to its NTEE Classification (G01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2022, Pancreatic Cancer Action Network Inc employed 191 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pancreatic Cancer Action Network 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 06/2022, Pancreatic Cancer Action Network Inc generated $52.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $52.7m during the year ending 06/2022. While expenses have increased by 7.0% 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.
Since 2015, Pancreatic Cancer Action Network Inc has awarded 135 individual grants totaling $46,814,100. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE RESEARCH, SUPPORT PATIENTS, AND CREATE HOPE FOR PEOPLE WHO HAVE PANCREATIC CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH - PANCAN FUNDS GROUNDBREAKING RESEARCH INITIATIVES THAT WILL TRANSFORM THE WAY PANCREATIC CANCER IS DETECTED AND TREATED. WE FUND RESEARCH GRANTS TO INDIVIDUAL INVESTIGATORS AND LARGE-SCALE, MULTI-INSTITUTIONAL CLINICAL PROJECTS THAT ARE FOCUSED ON ADVANCING NEW TREATMENTS AND EARLY DETECTION FOR PANCREATIC CANCER. WE INVESTED A RECORD $25 MILLION IN RESEARCH IN FISCAL YEAR 2022. RESEARCH FUNDING THAT SUPPORTED IMPORTANT RESEARCH PROJECTS AT INSTITUTIONS ACROSS THE COUNTRY, AND PANCAN'S PRECISION PROMISE ADAPTIVE CLINICAL TRIAL, EARLY DETECTION INITIATIVE, KNOW YOUR TUMOR PRECISION MEDICINE SERVICE, AND PATIENT REGISTRY. SINCE 2003, PANCAN HAS AWARDED 234 RESEARCH GRANTS TO 213 SCIENTISTS AT 79 INSTITUTIONS. PANCAN'S CUMULATIVE RESEARCH INVESTMENT IS NOW MORE THAN $174 MILLION, MAKING A SIGNIFICANT IMPACT ON THE DIAGNOSIS, TREATMENT AND CARE OF TODAY'S PATIENTS AND THOSE WHO WILL BE DIAGNOSED IN THE FUTURE.
COMMUNITY ENGAGEMENT - 59 VOLUNTEER-LED AFFILIATES WITH OVER 2,400 VOLUNTEERS RAISE AWARENESS OF PANCAN AND THE DISEASE AND EDUCATE THEIR COMMUNITIES ABOUT PANCREATIC CANCER. VOLUNTEERS HOSTED 60 PURPLESTRIDE EVENTS ACROSS THE COUNTRY THIS PAST YEAR, OVER 56,000 PARTICIPANTS REGISTERED SUPPORTING SURVIVORS, FAMILIES AND FRIENDS, AS WELL AS PROVIDING EDUCATIONAL INFORMATION AT THE EVENTS. WE ARE ALSO A FOUNDING MEMBER OF THE WORLD PANCREATIC CANCER COALITION, COMPRISING MORE THAN 90 PANCREATIC CANCER PATIENT ADVOCACY GROUPS FROM OVER 30 COUNTRIES AND SIX CONTINENTS. THE COALITION HOSTS WORLD PANCREATIC CANCER DAY EVERY NOVEMBER TO RAISE GLOBAL AWARENESS OF THE DISEASE. PURPLESTRIDE PARTICIPANTS RAISED OVER $12.5 MILLION.
PATIENT SERVICES - PROVIDES FREE, PERSONALIZED INFORMATION AND RESOURCES ABOUT PANCREATIC CANCER, TREATMENT OPTIONS, CLINICAL TRIALS, DIET AND NUTRITION, SPECIALISTS AND SUPPORT RESOURCES TO HELP PATIENTS, CAREGIVERS AND HEALTHCARE PROVIDERS. WE HAVE THE LARGEST, MOST UP-TO-DATE CLINICAL TRIALS DATABASE IN THE COUNTRY AND PROVIDE CONSTITUTENTS WITH PERSONALIZED SEARCHES SO THAT THEY UNDERSTAND ALL OF THEIR TREATMENT OPTIONS. OUR EXPERT PATIENT SERVICES CASE MANAGERS SHARE MORE RESOURCES AND SPEAK WITH MORE PANCREATIC CANCER PATIENTS THAN ANY OTHER ORGANIZATION IN THE WORLD. LAST YEAR ALONE, WE HAD NEARLY 48,000 INTERACTIONS WITH PANCREATIC CANCER PATIENTS AND FAMILIES.
GOVERNMENT AFFAIRS AND ADVOCACY - WE DRIVE LEGISLATIVE SUPPORT FOR INCREASED FEDERAL RESEARCH FUNDING FOR PANCREATIC CANCER. OUR GRASSROOTS ADVOCACY EFFORTS LED TO THE PASSAGE OF THE RECALCITRANT CANCER RESEARCH ACT, INCREASED RESEARCH DOLLARS FOR PANCREATIC CANCER AT THE NATIONAL CANCER INSTITUTE, AND LED TO A NEW PANCREATIC CANCER RESEARCH PROGRAM AT THE DEPARTMENT OF DEFENSE. SINCE OUR FOUNDING, FEDERAL RESEARCH FUNDING FOR PANCREATIC CANCER HAS INCREASED BY 900 PERCENT AND CONTINUES TO INCREASE EACH YEAR DUE TO OUR EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Fleshman President & Ceo/director | OfficerTrustee | 50 | $678,051 |
Sudheer Doss Chief Business Officer | Officer | 50 | $425,965 |
Anne-Marie Duliege Chief Medical Officer Thru 3/2022 | 50 | $392,840 | |
Lynn Matrisian Chief Science Officer | Officer | 50 | $362,476 |
Lori Stevens Chief Development Officer | 50 | $349,620 | |
Thomas Croal CFO Thru 6/2021 | 50 | $337,895 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Labcorp Drug Development Inc Cro Services | 6/29/22 | $5,989,345 |
Southern California Permanente Medical G Clinical Research | 6/29/22 | $767,018 |
Event 360 Inc Event Management | 6/29/22 | $972,818 |
Target Marketeam Direct Response Campaigns | 6/29/22 | $660,053 |
Fred Hutchinson Cancer Research Center Clinical Research | 6/29/22 | $581,375 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $176,511 |
| Membership dues | $0 |
| Fundraising events | $15,838,155 |
| Related organizations | $0 |
| Government grants | $1,950,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,257,879 |
| Noncash contributions included in lines 1a–1f | $666,964 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,222,545 |
| Total Program Service Revenue | $9,657,033 |
| Investment income | $1,176,978 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $155,488 |
| Net Income from Fundraising Events | -$3,316,146 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $34,945 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $52,930,843 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,510,000 |
| 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. | $1,727,147 |
| Compensation of current officers, directors, key employees. | $423,106 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,244,287 |
| Pension plan accruals and contributions | $583,622 |
| Other employee benefits | $1,329,044 |
| Payroll taxes | $1,276,966 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $96,341 |
| Fees for services: Accounting | $35,386 |
| Fees for services: Lobbying | $314,265 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $188,702 |
| Fees for services: Other | $12,611,742 |
| Advertising and promotion | $1,388,838 |
| Office expenses | $404,645 |
| Information technology | $1,203,107 |
| Royalties | $0 |
| Occupancy | $978,456 |
| Travel | $144,120 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $293,841 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $322,975 |
| Insurance | $245,888 |
| All other expenses | $96,806 |
| Total functional expenses | $52,685,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,225 |
| Savings and temporary cash investments | $21,558,198 |
| Pledges and grants receivable | $8,249,392 |
| Accounts receivable, net | $6,666,305 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $40,327 |
| Prepaid expenses and deferred charges | $902,759 |
| Net Land, buildings, and equipment | $501,515 |
| Investments—publicly traded securities | $30,006,499 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $164,478 |
| Total assets | $68,159,698 |
| Accounts payable and accrued expenses | $8,909,839 |
| Grants payable | $12,349,632 |
| Deferred revenue | $971,345 |
| 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 | $774,855 |
| Total liabilities | $23,005,671 |
| Net assets without donor restrictions | $43,304,435 |
| Net assets with donor restrictions | $1,849,592 |
| 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 | $68,159,698 |
Grants Awarded
Over the last fiscal year, Pancreatic Cancer Action Network Inc has awarded $10,510,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
VERASTEM ONCOLOGY PURPOSE: FUND RESEARCH | $4,300,000 |
Philadelphia, PA PURPOSE: FUND RESEARCH | $565,000 |
Seattle, WA PURPOSE: FUND RESEARCH | $500,000 |
New York, NY PURPOSE: FUND RESEARCH | $500,000 |
Chapel Hill, NC PURPOSE: FUND RESEARCH | $340,000 |
Boston, MA PURPOSE: FUND RESEARCH | $300,000 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Pancreatic Cancer Action Network Inc has recieved totaling $61,100.
| Awarding Organization | Amount |
|---|---|
Morgan Family Legacy Foundation Leawood, KS PURPOSE: DEDICATED TO FIGHTING THE WORLD'S TOUGHEST CANCER THROUGH RESEARCH, CLINICAL INITIATIVES, PATIENT SERVICES AND ADVOCACY | $15,000 |
Chip And Debi Hills Foundation Charlotte, NC PURPOSE: PANCREATIC CANCER RESERACH SUPPORT | $12,500 |
Haywood Fam Foundation Inc Claxton, GA PURPOSE: CHARITABLE CONTRIBUTION | $12,000 |
Karen Alice Nilsen Olsen Charitable Foundation Inc Parker, CO PURPOSE: PROVIDE WIDE RANGE OF MEDICAL NEEDS FOR PATIENTS WITH PANCREATIC CANCER | $5,000 |
George H Scanlon Foundation Okoboji, IA PURPOSE: GENERAL OPERATING BUDGET | $5,000 |
Robert Mceldowney Jr Family Foundation Williamsburg, VA PURPOSE: COMMUNITY BASED | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pancreatic Cancer Action Network Inc Manhattan Beach, CA | $68,159,698 | $52,930,843 |
Coalition For Headache And Migraine Patients San Rafael, CA | $1,163,677 | $2,095,914 |
Inland Empire Liver Foundation Pasadena, CA | $66,005 | $461,992 |
Caring Ambassadors Program Inc Oregon City, OR | $86,924 | $91,385 |
Northwest Kidney Council Portland, OR | $25,361 | $0 |
Sofies Journey Inc Irvine, CA | $0 | $0 |
Psoriasis And Psoriatic Arthritis Clinics Multicenter Advancement Ne Roseville, CA | $2,548,253 | $1,048,830 |
Wpa4a Inc Canyon Lake, CA | $11,397 | $0 |
Cyan Gray Hope Foundation Los Angeles, CA | $29,593 | $0 |
California Nurse-Midwives Foundation San Francisco, CA | $69,561 | $92,261 |
Love That Surpasses Santa Clara, CA | $31,343 | $0 |
Ca Action Link For Rare Diseases Inc Pleasanton, CA | $54,612 | $0 |