Chance For Life is located in Alexandria, VA. 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. Chance For Life 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, Chance For Life generated $76.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $801.5k during the year ending 06/2022. 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
CHANCE FOR LIFE'S MISSION IS TO RAISE AWARENESS AND FUNDS FOR CRITICAL RESEARCH AND CLINICAL TRIALS FOR PEDIATRIC CANCER IN THE UNITED STATES OF AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATED FUNDS TO PEDIATRIC CANCER RESEARCH PROGRAMS THAT WOULD OTHERWISE GO UNFUNDED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Maria Booker Executive Di | Officer | 10 | $0 |
Doug Kammerer Director | Trustee | 1 | $0 |
Tim Keating Director | Trustee | 1 | $0 |
Brad Nierenberg Chairman | OfficerTrustee | 1 | $0 |
Greg Mauer Secretary | Officer | 1 | $0 |
Andrew Mckenna Treasurer | Officer | 1 | $0 |
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 | $75,914 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $75,914 |
Total Program Service Revenue | $0 |
Investment income | $361 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $76,275 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $750,000 |
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. | $0 |
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 | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,072 |
Office expenses | $10,336 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $128 |
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 | $1,660 |
All other expenses | $0 |
Total functional expenses | $801,511 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $485,602 |
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 | $276 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $485,878 |
Accounts payable and accrued expenses | $5,608 |
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 | $5,608 |
Net assets without donor restrictions | $0 |
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 | $480,270 |
Total liabilities and net assets/fund balances | $485,878 |
Over the last fiscal year, Chance For Life has awarded $750,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
UNIVERSITY OF FLORIDA PURPOSE: RESEARCH | $300,000 |
CHILDRENS NATIONAL MEDICAL CENTER PURPOSE: RESEARCH | $400,000 |
CASE WESTERN UNIVERSITYSCHOOL OF MEDICINE PURPOSE: RESEARCH | $50,000 |