The Ulman Cancer Fund For Young Adults Inc
- Assets
- $4.5m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 40
- Location
- Baltimore, MD
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 52-2057636
Organization Overview
The Ulman Cancer Fund For Young Adults Inc is located in Baltimore, MD. The organization was established in 1998. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Ulman Cancer Fund For Young Adults Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ulman Cancer Fund For Young Adults 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 12/2022, Ulman Cancer Fund For Young Adults Inc generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CHANGE LIVES BY CREATING A COMMUNITY OF SUPPORT FOR YOUNG ADULTS, AND THEIR LOVED ONES, IMPACTED BY CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH ULMAN HOUSE, ULMAN FOUNDATION PROVIDES FREE TEMPORARY HOUSING, COMMUNITY, AND PSYCHO-SOCIAL SUPPORTS TO YOUNG ADULT CANCER PATIENTS RECEIVING LIFE-SAVING TREATMENT AT CANCER CENTERS IN BALTIMORE. BALTIMORE IS HOME TO MANY WORLD-CLASS CANCER TREATMENT CENTERS AND OFFERS TREATMENT OPTIONS THAT ARE NOT AVAILABLE IN MANY COMMUNITIES. FOR PATIENTS FROM OUTSIDE OF THE BALTIMORE AREA SEEKING TREATMENT AT THESE FACILITIES, THE COST OF TEMPORARY HOUSING CAN BE PROHIBITIVE. ULMAN HOUSE OFFERS A SOLUTION TO THIS PROBLEM AS WELL AS COMMUNITY TO COMBAT THE ISOLATION OF CANCER TREATMENT AND PATIENT NAVIGATION SERVICES TO ADDRESS PSYCHO-SOCIAL NEEDS.
ULMAN FOUNDATION USES PEER-TO-PEER SOCIAL ENGAGEMENT PROGRAMS TO CONNECT YOUNG ADULTS AND THEIR LOVED ONES IMPACTED BY CANCER AND EMPOWER THEM TO RAISE AWARENESS AND FUNDS FOR ULMAN'S MISSION THROUGH PROGRAMS BASED IN THEIR PERSONAL AND PROFESSIONAL INTERESTS. MANY OF THESE PROGRAMS ARE BASED IN SPORT, INCLUDING THE 4K FOR CANCER CROSS-COUNTRY BIKE AND RUN; THE KEY TO KEYS AND POINT TO POINT RIDE AND RUN FROM BALTIMORE TO KEY WEST; AND THE MANY SELF-CREATED SPORT-BASED CHALLENGES CREATED BY ULMAN SUPPORTERS. THE GAME CHANGERS YOUNG PROFESSIONALS RECOGNITION PROGRAM PROVIDES AN OPPORTUNITY FOR YOUNG PROFESSIONALS IN THE BALTIMORE AREA TO CONNECT, LEARN, AND LEAD AS THEY SUPPORT ULMAN'S MISSION.
ULMAN PROVIDES SERVICES DIRECTLY TO PATIENTS THROUGH THEIR PATIENT NAVIGATION AND CANCER TO 5K PROGRAMS. THE PATIENT NAVIGATION PROGRAM HELPS YOUNG ADULTS MANAGE THE SPECIAL CONCERNS AND NEEDS OF BEING A YOUNG ADULT AND DEALING WITH CANCER. WORKING IN CONJUCTION WITH MEDICAL CARE TEAMS AT INSTITUTIONS AND WITHIN THE COMMUNITY, ULMAN NAVIGATORS PROVIDE A HOLISTIC APPROACH TO PATIENT CARE, ADDRESSING VARIOUS NEEDS OF YOUNG ADULTS WHO FACE A CANCER DIAGNOSIS, TREATMENT, AND LIFE WITH CANCER. NAVIGATORS PROVIDE TAILORED EMOTIONAL, PSYCHOSOCIAL, AND PRACTICAL SUPPORT TO YOUNG ADULTS, AND THEIR LOVED ONES, TO HELP THEM RECALIBRATE THEIR LIFE WITH CANCER. THE CANCER TO 5K PROGRAM IS A RUNNING SUPPORT GROUP THAT BRINGS SURVIVORS TOGETHER TO CONNECT AND THRIVE AS THEY TRAIN FOR A 5K RACE TOGETHER WITH THE SUPPORT OF COACHES AND SUPPORT RUNNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trever Garner Chair | OfficerTrustee | 1.5 | $0 |
Patrick Seitz Treasurer | OfficerTrustee | 1.5 | $0 |
Matt Archibald Member At Large | Trustee | 1.5 | $0 |
Charlene Ashby Member At Large | Trustee | 1.5 | $0 |
Justin Bass Member At Large | Trustee | 1.5 | $0 |
Christi Clark Member At Large | Trustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mcs Fort Ave Llc Rent Via Operating Lease | 12/30/19 | $137,890 |
Rbs Consulting Management Consulting Services | 12/30/19 | $117,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,343 |
| Membership dues | $0 |
| Fundraising events | $476,575 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,816,078 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,293,996 |
| Total Program Service Revenue | $40,000 |
| Investment income | $16,669 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,088 |
| Net Income from Fundraising Events | $18,208 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,404,580 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $225,412 |
| Compensation of current officers, directors, key employees. | $16,555 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $773,711 |
| Pension plan accruals and contributions | $26,188 |
| Other employee benefits | $90,015 |
| Payroll taxes | $76,617 |
| Fees for services: Management | $25,922 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,393 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,179 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,908 |
| Office expenses | $33,976 |
| Information technology | $36,886 |
| Royalties | $0 |
| Occupancy | $988 |
| Travel | $20,524 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,350 |
| Interest | $50,532 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $90,671 |
| Insurance | $28,902 |
| All other expenses | $13,371 |
| Total functional expenses | $2,205,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,861 |
| Savings and temporary cash investments | $1,197,234 |
| Pledges and grants receivable | $142,128 |
| Accounts receivable, net | $238,582 |
| 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 | $52,642 |
| Net Land, buildings, and equipment | $2,424,752 |
| Investments—publicly traded securities | $439,893 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,093 |
| Total assets | $4,517,185 |
| Accounts payable and accrued expenses | $110,670 |
| Grants payable | $0 |
| Deferred revenue | $30,970 |
| 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 | $837,500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,613 |
| Total liabilities | $987,753 |
| Net assets without donor restrictions | $3,125,852 |
| Net assets with donor restrictions | $403,580 |
| 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 | $4,517,185 |
Grants Awarded
Over the last fiscal year, The Ulman Cancer Fund For Young Adults Inc has awarded $23,940 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMYSTRONG FOUNDATION PURPOSE: SCHOLARSHIPS AND PATIENT ASSISTANCE | $10,000 |
PIKESVILLE CHAMBER OF COMMERCE PURPOSE: SCHOLARSHIPS AND PATIENT ASSISTANCE | $13,940 |