Stachestrong Inc
- Assets
- $916.3k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 1
- Location
- Vestal, NY
- Founding
- 04/2018
- Data as of
- 12/2023
- EIN
- 82-4875614
Organization Overview
Stachestrong Inc is located in Vestal, NY. The organization was established in 2018. 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. Stachestrong 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, Stachestrong Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 41.9% each year . All expenses for the organization totaled $671.9k during the year ending 12/2023. While expenses have increased by 45.6% per year over the past 5 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 2020, Stachestrong Inc has awarded 31 individual grants totaling $2,273,429. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
STACHESTRONG'S PURPOSE IS TO RAISE FUNDS TO SUPPORT BRAIN CANCER RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STACHESTONG IS DEVOTED TO RAISING FUNDS AND AWARENESS FOR BRAIN CANCER RESEARCH. DEFEATING BRAIN CANCER AND IMPROVING THE QUALITY OF PATIENTS' LIVES IS OUR DAILY FOCUS. OUR ORGANIZATION HAS BECOME A BEACON OF HOPE FOR COUNTLESS INDIVIDUALS AND FAMILIES AFFLICTED BY THIS DISEASE AND WE SERVE AS AN ARDENT ADVOCATE FOR ALL OF THOSE IMPACTED BY BRAIN CANCER. DURING THIS YEAR, WE GRANTED FUNDS TO FURTHER OUR MISSION OF RESEARCH. SPECIFICALLY, WE PROVIDED 10 RESEARCH GRANTS TO LEADING RESEARCH INSTITUTIONS TO SAVE AND IMPROVE THE QUALITY OF LIVES OF THOSE IMPACTED BY BRAIN CANCER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Buck Board Member | Trustee | 1 | $0 |
Dylan Crotty Board Member | Trustee | 1 | $0 |
Constantinos Hadjipanayis Board Member | Trustee | 1 | $0 |
Lou Mckercher Board Member | Trustee | 1 | $0 |
Josh Perry Board Member (former) | Trustee | 1 | $0 |
Norman Snyder Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $709,126 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $356,342 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,065,468 |
| Total Program Service Revenue | $0 |
| Investment income | $7,454 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$58,487 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,014,435 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $586,000 |
| 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. | $60,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,521 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $1,034 |
| All other expenses | $0 |
| Total functional expenses | $671,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,623 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $754,652 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $916,275 |
| Accounts payable and accrued expenses | $20,648 |
| Grants payable | $0 |
| 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 | $20,648 |
| Net assets without donor restrictions | $895,627 |
| Net assets with donor restrictions | $0 |
| 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 | $916,275 |
Grants Awarded
Over the last fiscal year, Stachestrong Inc has awarded $586,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ASSOCIATION FOR CANCER RESEARCH PURPOSE: SUPPORT BRAIN CANCER RESEARCH | $66,000 |
AMERICAN BRAIN TUMOR ASSOCIATION PURPOSE: SUPPORT BRAIN CANCER RESEARCH | $100,000 |
COLUMBIA UNIVERSITY MEDICAL CENTER PURPOSE: SUPPORT BRAIN CANCER RESEARCH | $25,000 |
DUKE UNIVERSITY PURPOSE: SUPPORT BRAIN CANCER RESEARCH | $100,000 |
FEINSTEIN INSTITUTE FOR MEDICINE RESEARCH PURPOSE: SUPPORT BRAIN CANCER RESEARCH | $50,000 |
HARVARD UNIVERSITY BIDMC PURPOSE: SUPPORT BRAIN CANCER RESEARCH | $35,000 |