The Ernest B Albat And Rose A Albat Foundation For Cancer Research
- Assets
- $346.9k
- Revenue
- $17.1k
- Investments
- $339.2k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 10/1988
- Data as of
- 08/2022
- EIN
- 56-6312891
Organization Overview
The Ernest B Albat And Rose A Albat Foundation For Cancer Research is located in Las Vegas, NV. The organization was established in 1988. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, 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. Ernest B Albat And Rose A Albat Foundation For Cancer Research 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 08/2022, Ernest B Albat And Rose A Albat Foundation For Cancer Research generated $17.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $48.5k during the year ending 08/2022. While expenses have increased by 4.5% per year over the past 4 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,268 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,849 |
| Capital Gain Net Income | $1,849 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,117 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,673 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $782 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,485 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $48,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,692 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $339,241 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $346,933 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Ernest B Albat And Rose A Albat Foundation For Cancer Research has awarded $35,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JOHNS HOPKINS GIFT PLANNING OFFICE PURPOSE: GENERAL OPERATING | $17,500 |
DUKE UNIVERSITY PURPOSE: GENERAL OPERATING | $17,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Translational Research In Oncology Us Inc Los Angeles, CA | $23,537,777 | $8,265,596 |
Pediatric Cancer Research Foundation Irvine, CA | $3,627,407 | $2,821,956 |
Nevada Cancer Research Foundation Inc Las Vegas, NV | $637,661 | $2,412,271 |
The International Genomics Consortium Phoenix, AZ | $13,871,737 | $3,350,681 |
Cancer Prevention Institute of California (CPIC) Foster City, CA | $0 | $44,595 |
Vanguard Cancer Foundation Long Beach, CA | $1,374,337 | $177,388 |
Prostate Cancer Research Institute Culver City, CA | $2,240,081 | $999,786 |
Keatons Child Cancer Alliance Roseville, CA | $375,909 | $787,785 |
Ethos Discovery San Diego, CA | $1,024,175 | $920,855 |
Sino-American Cancer Foundation Arcadia, CA | $0 | $1,131,529 |
The Desmoid Tumor Research Foundation Inc Salt Lake City, UT | $1,128,637 | $710,377 |
Grassrootshealth Encinitas, CA | $16,808 | $760,113 |