Civic Intelligence

Colon Cancer Challenge Foundation

990 • Fiscal year 2015 • EIN 26-2884177

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

10 New King Street Suite 202White Plains, NY 10604

(914) 305-6674

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

1.02x

Higher debt load relative to assets than 93% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

68th percentile

0.14x

Higher debt load relative to revenue than 68% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

24th percentile

-7.1%

Higher net margin than 24% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

70th percentile

$57,750

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 11.8% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

3rd percentile

-43%

Faster asset growth than 3% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

14th percentile

-23%

Faster revenue growth than 14% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$65,674

Down $49,522 (-43%) from 2014

Net Assets

Down

-$1,522

Down $34,594 (-105%) from 2014

Liabilities

Down

$67,196

Down $14,928 (-18%) from 2014

Revenue

Down

$487,371

Down $147,081 (-23%) from 2014

Expenses

Down

$521,965

Down $302,257 (-37%) from 2014

Net Income

Up

-$34,594

Up $155,176 (+82%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2010: $68,874Liabilities 2010: $0Net Assets 2010: $68,8742010Assets 2011: $265,358Liabilities 2011: $3,879Net Assets 2011: $261,4792011Assets 2014: $115,196Liabilities 2014: $82,124Net Assets 2014: $33,0722014Assets 2015: $65,674Liabilities 2015: $67,196Net Assets 2015: -$1,5222015Assets 2016: $52,570Liabilities 2016: $121,532Net Assets 2016: -$68,9622016Assets 2017: $25,012Liabilities 2017: $123,606Net Assets 2017: -$98,5942017Assets 2018: $116,153Liabilities 2018: $123,558Net Assets 2018: -$7,4052018Assets 2019: $90,802Liabilities 2019: $47,808Net Assets 2019: $42,9942019Assets 2020: $209,581Liabilities 2020: $47,518Net Assets 2020: $162,0632020Assets 2021: $96,709Liabilities 2021: $62,697Net Assets 2021: $34,0122021Assets 2022: $128,151Liabilities 2022: $58,622Net Assets 2022: $69,5292022Assets 2023: $222,234Liabilities 2023: $37,700Net Assets 2023: $184,5342023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2015

Assets$65,674
Liabilities$67,196
Net Assets-$1,522

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $354,7152010Expenses 2011: $425,3352011Revenue 2014: $634,452Expenses 2014: $824,222Net Income 2014: -$189,7702014Revenue 2015: $487,371Expenses 2015: $521,965Net Income 2015: -$34,5942015Revenue 2016: $361,120Expenses 2016: $428,560Net Income 2016: -$67,4402016Revenue 2017: $348,088Expenses 2017: $377,720Net Income 2017: -$29,6322017Revenue 2018: $511,366Expenses 2018: $420,177Net Income 2018: $91,1892018Revenue 2019: $639,383Expenses 2019: $588,984Net Income 2019: $50,3992019Revenue 2020: $875,914Expenses 2020: $758,735Net Income 2020: $117,1792020Revenue 2021: $647,142Expenses 2021: $775,193Net Income 2021: -$128,0512021Revenue 2022: $716,269Expenses 2022: $680,752Net Income 2022: $35,5172022Revenue 2023: $624,231Expenses 2023: $509,226Net Income 2023: $115,0052023Revenue 2024: $421,757Expenses 2024: $470,436Net Income 2024: -$48,6792024

Highlighted filing

2015

Revenue$487,371
Expenses$521,965
Net Income-$34,594
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.0
Gross Receipts
$550,887
Mission and Program Overview

Mission

Mission: to fight against colorectal cancer (crc) by supporting research, leading advocacy efforts, and funding awareness-building activities that promote earlier messaging, on-time screening and quality of life-preserving care and treatments.

The Colon Cancer Challenge Foundation is a New York based not-for-profit organization dedicated to reducing colorectal cancer incidence and death through public awareness, prevention, screening and research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$103,839$52,505▼ $51,334
Pledges and Grants Receivable$7,631$7,000▼ $631
Prepaid Expenses and Deferred Charges$3,145$5,975▲ $2,830
Land, Buildings, and Equipment, Net$581$194▼ $387
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$115,196$65,674▼ $49,522
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$80,124$52,996▼ $27,128
Grants Payable-$7,200-
Deferred Revenue$2,000$7,000▲ $5,000
Total Liabilities$82,124$67,196▼ $14,928
Net Assets / Fund Balance
Unrestricted Net Assets$33,072$-1,522▼ $34,594
Total Net Assets Fund Balance$33,072$-1,522▼ $34,594
Total Liabilities and Net Assets / Fund Balance$115,196$65,674▼ $49,522

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$194$966-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cindy R BorassiExecutive DirectorFT$57,750$57,750

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$543,586
Program Service Revenue
$5,500
Investment Income
$5
Other Revenue
$-61,720
All Other Contributions
$60,662
Change in Net Assets
$-34,594

Audited Revenue Reconciliation

Revenue per Audited Statements
$487,371
Revenue Not Reported on Form 990
$65,442
Total Revenue per Audited Statements
$552,813
Total Revenue per Form 990
$487,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$374,434
Salaries, Compensation, and Employee Benefits$141,983
Total Fundraising Expense$93,655
Grants and Similar Amounts Paid$5,548
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$79,793$1,439$11,227$92,459
Other Salaries and Wages$21,158$45,251$3,537$69,946
Current Officers, Directors, Trustees, and Key Employees$44,812$5,975$8,962$59,749
All Other Expenses$18,204$1,431$7,793$27,428
Conferences and Meetings$21,628-$329$21,957
Advertising$17,298-$3,490$20,788
Payroll Taxes$6,451$4,608$1,229$12,288
Occupancy$7,649$3,272$872$11,793
Office Expenses$7,765$2,938$827$11,530
Other Expenses$5,766$2,815$2,680$11,261
Fees for Services Accounting-$8,046-$8,046
Insurance$3,308$2,363$630$6,301
Grants to Domestic Orgs$5,548--$5,548
Depreciation Depletion-$387-$387
Total Functional Expenses$348,597$79,713$93,655$521,965

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$587,407
Expenses per Audited Statements$521,965
Total Expenses per Form 990$521,965
Expenses Not Reported on Form 990$65,442
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$63,516
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
CC Challenge$356,833-$18,990-
Charity Runners$126,091-$248-
Total Events$482,924-$63,516$-63,516
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Form was presented to the Organization's Finance Committee for review, edits incorporated and a final copy presented to the Board of Directors for review prior to submission.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

On an annual basis, Board members complete and submit a questionnaire to the Board Chair to disclose whether there are any conflicts. The Board and the Executive Director will evaluate conflict disclosures and make other necessary inquiries to determine the extent and nature of any actual or potential conflict of interest and, if appropriate, investigate alternatives to the proposed transaction or arrangement. After disclosure of the potentially conflicting interest and all material facts, and after answering any questions, the interested person shall recuse himself or herself from deliberations and voting relating to the matter and shall refrain from attempting to influence other decision-makers relating to the matter. However, as a member of the Board or committee, an interested director may be counted in determining the establishment of the quorum at a meeting relating to the matter.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

On an annual basis the Colon Cancer Challenge Foundation (either the full board or a compensation committee/executive committee) will evaluate the Executive Director on his/her performance, and ask for his/her input on matters of performance and compensation. The committee will obtain independent information to make a recommendation to the full board for the compensation (salary and benefits) of the Executive Director (and other highly compensated employees or consultants) based on a review of the comparable data. The data may include the following: 1.Information obtained from the IRS Form 990 filings of similar organizations;2.Salary and benefit compensation studies by independent sources; and/or3.Written job offers for positions at similar organizations. To approve compensation of the Executive Director (and other highly compensated employees and consultants) the board must document how it reached its decisions, including the data on which it relied, in minutes of the meeting during which the compensation was approved.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Financial statements are available on the foundation's website.

Filing and Contact Details

Filer

Filer Name
Colon Cancer Challenge Foundation
EIN
26-2884177
Phone
9143056674
Address
10 NEW KING STREET SUITE 202, WHITE PLAINS, NY 10604

Signing Officer

Name
Thomas K Weber
Title
Chairperson
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas K Weber
Formed
2008
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
171

Preparer

Firm
Lederer Levine & Associates LLC
Address
1099 Wall St West Suite 280, Lyndhurst, NJ 07071
Preparer
Kenneth J Lederer
Phone
2019333780
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Foundations accounting policy is to provide liabilities for uncertain tax positions when a liability is probable and estimable. Management is not aware of any violation of its tax status as an organization exempt from income taxes, nor of any exposure to unrelated business income tax.

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IRS990/Desc0Public Awareness THE EARLY AGE ONSET CRC SUMMIT: Despite the tremendous progress we have made over the past decade on increasing screening and reducing rates of incidence for those 50 and up the rates of those diagnosed with late stage CRC under the age of 50 are increasing at dramatic and alarming rates. CCCF has recognized this trend and taken the lead on addressing the issue by organizing and hosting the nation's first Summit focused on Early Age Onset Colorectal Cancer. CCCF partnered with the CME Department of Memorial Sloan Kettering Cancer Center on the inaugural event. This groundbreaking program provided survivors, loved ones, health care professionals and researchers from around the country the opportunity to advance their understanding of the rapidly increasing incidence of rectal and colon cancer among young adults under 50 years of age in the U.S. and abroad. The program offered participants the opportunity to leverage each other's insights and hear state-of-the-science presentations on the epidemiology, pathogenesis, genomics and optimal multidisciplinary care of EAO-CRC.The 2015 EAO CRC Summit featured keynote addresses from leading clinicians, epidemiologists and researchers from Europe, Africa, Australia and the nation's leading cancer centers and advocacy organizations.CCCF also partnered with Healtheo360 to film the entire Summit. Slides and presentations are now available online for all those who could not attend the second annual event. PUBLIC AWARENESS EVENTS:The Foundation has developed a multi-level public awareness and educational program to spread the word that colorectal cancer is a largely preventable disease if caught early. Our surround sound campaigns include grassroots, on the ground educational outreach events, television, radio, print and digital advertising (PSAs.) Though its outreach events and advertising the Foundation reaches nearly a million Americans each year. CCCFs largest outreach event continues to be the New York Colon Cancer Challenge. The Foundation celebrated the 12th Anniversary of the New York Colon Cancer Challenge in March of 2015 in two locations including Citi Field and Manhattanville College. The Challenge is a unique opportunity for survivors and affected family members to honor loved ones they may have lost or to celebrate their own victory over colorectal cancer. Hundreds of teams participated in the Remembrance and Prevention walk or 4 Mile Run.MEDIA OUTREACH:CCCF continued its integrated multimedia campaigns including PSAs about colorectal cancer and the importance of timely screening throughout the tristate area during March (colorectal cancer awareness month) and throughout the year. ROLLIN COLON NATIONAL TOUR: What's 20 feet long 12 feet high, 10 feet wide, inflatable, educational and shaped like a colon? The Rollin Colon of course!Thanks to our supporters The Rollin Colon continued its National Tour in 2015 crisscrossing the country to educate thousands on colorectal cancer and the importance of early screening. Educational materials are translated into Spanish and Chinese - allowing the Foundation to provide culturally relevant educational materials to the many underserved and underinsured communities we visit.
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IRS990/MissionDesc0The Colon Cancer Challenge Foundation (CCCF) is dedicated to a World Without Colorectal Cancer and works toward this mission by increasing awareness about the importance of early screening, developing public/private partnerships to increase knowledge and CRC screening rates, increasing awareness of CRC risk factors and factors that may help prevent CRC, including family/genetic history, providing funds for screening services to the underserved, and awarding research grants to study genetic and epigenetic changes that will lead to new breakthroughs in the prevention and therapy of CRC.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Prevention & Screening CCCF continued its support of and collaboration with the C5 Summit (Citywide Colon Cancer Control Coalition), an initiative of The New York City Department of Health and Mental Hygiene (NYCDOHMH).While tremendous gains have been made in the number of New Yorkers being screened against one of the most common and deadliest cancers the simple fact is only half of uninsured New Yorkers are up to date on colon cancer screenings.To help address the remaining disparities CCCF is supporting a new initiative called the NYC Community Cares Project, a program that links uninsured patients from Community Health Centers to Endoscopy Centers for free colonoscopy screening, an effort to tackle the persisting screening disparity for NYCs uninsured.In its first 12 months, the project has linked over 1100 uninsured New Yorkers to a free colonoscopy. The project collaborators look to expand this effort in 2015 and invite additional sites to join the initiative and provide screenings to uninsured New Yorkers.The foundation also provided the NCCRT (National Colorectal Cancer Roundtable) with a grant to continue its Annual Meeting in Bethesda, MD. The Roundtable, established by the American Cancer Society (ACS) and the Centers for Disease Control and Prevention (CDC) in 1997, is a national coalition of: public organizations private organizations voluntary organizations, and invited individualsDedicated to reducing the incidence of and mortality from colorectal cancer in the U.S., through coordinated leadership, strategic planning, and advocacy.Research CCCF continued funding for its Annual Research Fellowship Award. CCCFs current ARSA fellow is based in Toronto at the Zane Cohen Centre for Digestive Diseases (ZCC). CCCFs funding provides the Research Fellow with access to the worlds most advanced genetic sequencing technology. As funding permits CCCF will collaborate with additional host institutions including cancer centers located in Europe as well as Australia and Asia.CCCF also continues to support and recognize excellence in translational research focused on the molecular biology of colorectal cancer by providing Colorectal Cancer Research Scholar Awards for the top-ranking abstracts submitted by trainees or junior faculty members attending national and international conferences. Awards provide funding to cover meeting, registration and travel expenses to the conferences. In providing these awards, the CCCF seeks to both support and promote colorectal cancer research. The CCCF has a special interest in the biology of early age onset and hereditary colorectal cancer. However, research into other areas of colorectal cancer (e.g., novel treatments, innovative minimally invasive screening technologies) is also considered.Participating conferences and organizations currently include: The Collaborative Group of the Americas on Inherited Colorectal Cancer (CGA-ICC); The Human Variome Project (HVP); The International Society for Gastrointestinal Hereditary Tumors (InSiGHt); and The Society for Surgical Oncology (SSO)
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundations accounting policy is to provide liabilities for uncertain tax positions when a liability is probable and estimable. Management is not aware of any violation of its tax status as an organization exempt from income taxes, nor of any exposure to unrelated business income tax.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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