Civic Intelligence

Cancer Research Foundation

EIN 36-2385213 • 501(c)3 • Chicago, IL

Profile

The cancer research foundation mission is to raise funds to fund both early-career cancer scientists and new directions in cancer science research with the goal of contributing to transformational events in the prevention, treatment and cure for cancer.

6200 N Hiawatha Ave 640Chicago, IL 60646

www.cancerresearchfdn.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

36th percentile

0.08x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

74th percentile

0.65x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

8th percentile

-34%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

49th percentile

$183,999

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 15.7% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

13th percentile

-8.5%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

64th percentile

15%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets36th percentile

Assets

Down

$10,223,203

Down $952,274 (-8.5%) from 2024

Liabilities

Up

$768,201

Up $198,636 (+35%) from 2024

Net Assets

Down

$9,455,002

Down $1,150,910 (-11%) from 2024

Operations
Liabilities / Revenue74th percentileNet Margin8th percentile

Revenue

Up

$1,174,975

Up $150,815 (+15%) from 2024

Expenses

Up

$1,575,443

Up $515,515 (+49%) from 2024

Net Income

Down

-$400,468

Down $364,700 (-1020%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth13th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $6,474,450Liabilities 2011: $239,134Net Assets 2011: $6,235,3162011Assets 2012: $7,080,702Liabilities 2012: $159,544Net Assets 2012: $6,921,1582012Assets 2013: $8,167,566Liabilities 2013: $254,375Net Assets 2013: $7,913,1912013Assets 2014: $9,121,297Liabilities 2014: $104,485Net Assets 2014: $9,016,8122014Assets 2015: $10,006,180Liabilities 2015: $329,045Net Assets 2015: $9,677,1352015Assets 2016: $8,842,380Liabilities 2016: $801,974Net Assets 2016: $8,040,4062016Assets 2017: $9,094,013Liabilities 2017: $327,886Net Assets 2017: $8,766,1272017Assets 2018: $9,671,673Liabilities 2018: $254,280Net Assets 2018: $9,417,3932018Assets 2019: $6,809,287Liabilities 2019: $335,391Net Assets 2019: $6,473,8962019Assets 2020: $7,097,137Liabilities 2020: $550,842Net Assets 2020: $6,546,2952020Assets 2021: $11,271,443Liabilities 2021: $606,233Net Assets 2021: $10,665,2102021Assets 2022: $11,396,644Liabilities 2022: $550,220Net Assets 2022: $10,846,4242022Assets 2023: $10,131,076Liabilities 2023: $639,641Net Assets 2023: $9,491,4352023Assets 2024: $11,175,477Liabilities 2024: $569,565Net Assets 2024: $10,605,9122024Assets 2025: $10,223,203Liabilities 2025: $768,201Net Assets 2025: $9,455,0022025

Highlighted filing

2025

Assets$10,223,203
Liabilities$768,201
Net Assets$9,455,002
Open 2025 Filing

Operations Trend

Revenue Growth64th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2011: $537,7332011Expenses 2012: $678,3902012Expenses 2013: $867,2582013Revenue 2014: $1,009,462Expenses 2014: $589,836Net Income 2014: $419,6262014Revenue 2015: $1,031,017Expenses 2015: $857,985Net Income 2015: $173,0322015Revenue 2016: $611,363Expenses 2016: $1,636,757Net Income 2016: -$1,025,3942016Revenue 2017: $1,454,333Expenses 2017: $784,259Net Income 2017: $670,0742017Revenue 2018: $805,283Expenses 2018: $683,448Net Income 2018: $121,8352018Revenue 2019: $557,504Expenses 2019: $913,203Net Income 2019: -$355,6992019Revenue 2020: $1,097,255Expenses 2020: $1,024,856Net Income 2020: $72,3992020Revenue 2021: $1,204,096Expenses 2021: $1,222,805Net Income 2021: -$18,7092021Revenue 2022: $1,076,545Expenses 2022: $1,083,444Net Income 2022: -$6,8992022Revenue 2023: $893,737Expenses 2023: $1,004,389Net Income 2023: -$110,6522023Revenue 2024: $1,024,160Expenses 2024: $1,059,928Net Income 2024: -$35,7682024Revenue 2025: $1,174,975Expenses 2025: $1,575,443Net Income 2025: -$400,4682025

Highlighted filing

2025

Revenue$1,174,975
Expenses$1,575,443
Net Income-$400,468
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,223,203
Liabilities
$768,201
Net assets
$9,455,002
Revenue
$1,174,975
Expenses
$1,575,443
Net income
-$400,468
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$10.2$0.77$9.46$1.17$1.58$0.40
2024Detailed filing. Detailed filing data is available for this year.$11.2$0.57$10.6$1.02$1.06$0.04
2023Detailed filing. Detailed filing data is available for this year.$10.1$0.64$9.49$0.89$1.00$0.11
2022Detailed filing. Detailed filing data is available for this year.$11.4$0.55$10.8$1.08$1.08$0.01
2021Detailed filing. Detailed filing data is available for this year.$11.3$0.61$10.7$1.20$1.22$0.02
2020Detailed filing. Detailed filing data is available for this year.$7.10$0.55$6.55$1.10$1.02$0.07
2019Detailed filing. Detailed filing data is available for this year.$6.81$0.34$6.47$0.56$0.91$0.36
2018Detailed filing. Detailed filing data is available for this year.$9.67$0.25$9.42$0.81$0.68$0.12
2017Detailed filing. Detailed filing data is available for this year.$9.09$0.33$8.77$1.45$0.78$0.67
2016Detailed filing. Detailed filing data is available for this year.$8.84$0.80$8.04$0.61$1.64$1.03
2015Detailed filing. Detailed filing data is available for this year.$10.0$0.33$9.68$1.03$0.86$0.17
2014Detailed filing. Detailed filing data is available for this year.$9.12$0.10$9.02$1.01$0.59$0.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.17$0.25$7.91$0.87
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.08$0.16$6.92$0.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.47$0.24$6.24$0.54
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Dec 1, 2025
Return Version
2024v5.2
Gross Receipts
$3,854,510
Mission and Program Overview

Mission

The cancer research foundation mission is to raise funds to fund both early-career cancer scientists and new directions in cancer science research with the goal of contributing to transformational events in the prevention, treatment and cure for cancer.

Funding cancer research to find a cure

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,753,106$9,885,077▼ $868,029
Savings and Temporary Cash Investments-$248,364-
Cash and Non-Interest-Bearing Accounts$392,342$48,838▼ $343,504
Prepaid Expenses and Deferred Charges$324$5,405▲ $5,081
Land, Buildings, and Equipment, Net$2,371$1,817▼ $554
Total Assets$11,175,477$10,223,203▼ $952,274
Other Assets Total$27,334$33,702▲ $6,368
Liabilities
Grants Payable$550,000$750,000▲ $200,000
Other Liabilities$12,775$13,272▲ $497
Accounts Payable and Accrued Expenses$6,790$4,929▼ $1,861
Total Liabilities$569,565$768,201▲ $198,636
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,883,976$6,881,765▼ $1,002,211
Net Assets With Donor Restrictions$2,721,936$2,573,237▼ $148,699
Total Net Assets Fund Balance$10,605,912$9,455,002▼ $1,150,910
Total Liabilities and Net Assets / Fund Balance$11,175,477$10,223,203▼ $952,274

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,817$951$2,768

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$2,721,937-▼ $126,644-$2,573,240
2023$2,442,886-▲ $299,412-$2,721,937
2022$2,647,627-▼ $185,516-$2,442,886
2021$2,593,568-▲ $225,937-$2,647,627
2020$1,999,590-▲ $743,978-$2,593,568
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr M JohnsonCEOFT$183,999-$183,999
Mrs a NikitasPresident/chairmanPT-$63,000$63,000

Board Members and Trustees

NameTitle
Mr M CohenPresident Emeritus
Mr C RutsteinDirector
Mr D KinnearDirector
Mr D RappDirector
Mr J DoboshDirector
Mr J GoldblattDirector
Mr J Michael LockeDirector
Mr M FreedDirector
Mr M MantovaniDirector
Mr S GoldblattDirector
Mrs H MerwitzDirector
Ms J RhindDirector
Ms K KozlowskiDirector
Ms L WernerDirector
Ms B SessionsDirector (through 2/2025)
Mr T ShieldsDirector (through 5/2025)
Ms L Cohen SchenkmanSecretary
Mr T NoardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$192,474
Program Service Revenue
$0
Investment Income
$982,501
Other Revenue
$0
All Other Contributions
$125,191
Change in Net Assets
$-400,468

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,087,106
Revenue Not Reported on Financial Statements
$87,869
Revenue Not Reported on Form 990
$-750,442
Total Revenue per Audited Statements
$336,664
Total Revenue per Form 990
$1,174,975
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,200,000
Other Expenses$220,848
Salaries, Compensation, and Employee Benefits$154,595
Total Fundraising Expense$59,077
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,200,000--$1,200,000
Current Officers, Directors, Trustees, and Key Employees$82,457$30,919$30,919$144,295
Fees for Service Investment Mgmnt Fees-$87,869-$87,869
Fees for Services Legal$14,118$8,028$4,014$26,160
Conferences and Meetings$21,713-$618$22,331
Office Expenses$10,128$2,893$1,448$14,469
Fees for Services Accounting$13,860--$13,860
Payroll Taxes$10,300--$10,300
Advertising$6,105-$4,070$10,175
Other Expenses$5,152$1,472$736$7,360
Occupancy$1,494$427$214$2,135
Insurance$1,020$680-$1,700
Depreciation Depletion$554--$554
Fees for Services Other$119--$119
Total Functional Expenses$1,384,078$132,288$59,077$1,575,443

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,575,443
Expenses per Audited Statements$1,487,574
Total Expenses per Audited Statements$1,487,574
Expenses Not Reported on Financial Statements$87,869
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of ChicagoChicago, IL501(c)(3)To Fund Research in Emerging Cancer Therapies/cures$600,000
Washington University in St LouisSt Louis, MO501(c)(3)To Fund Research in Emerging Cancer Therapies/cures$400,000
Northwestern UniversityChicago, IL501(c)(3)To Fund Research in Emerging Cancer Therapies/cures$200,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease - Current$13,272
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Merle goldblatt cohen, stanford j. Goldblatt, jeremy s. Goldblatt, lisa cohen schenkman and alexandra nikitas are family members”

Form 990, Part VI, Section A, Line 8B

“There is the governing body, which has documented its meetings. There is also an audit committee, which however, had no recorded minutes.”

Form 990, Part VI, Section B, Line 11B

“A copy of the 990 was completed by the accountant and submited to the governing body for questions and comments. Once the return was signed by organization, the return was filed.”

Form 990, Part VI, Section B, Line 15A

“The chief executive officer's compensation was set with the advice of an outside search firm/ compensation consultant and was approved by the board.”

Form 990, Part VI, Section C, Line 19

“Financial statements are available online at the foundation website, through a third party website and financial statements are also available to the public upon request by contacting the organization.”

Filing and Contact Details

Filer

Filer Name
Cancer Research Foundation
EIN
36-2385213
Phone
3125586600
Address
6200 N HIAWATHA AVE 640, CHICAGO, IL 60646

Signing Officer

Name
Alexandra Nikitas
Title
President
Phone
3126300055
Signed
2025-12-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alexandra Nikitas
Formed
1954
Legal Domicile
Il
Voting Board Members
18
Independent Board Members
18
Employees
1
Volunteers
18

Preparer

Firm
Warady & Davis Llp
Address
1717 DEERFIELD RD SUITE 300S, DEERFIELD, IL 60015
Preparer
Henry Nutkevitch
Phone
8472679600
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

“The process for the committee choosing an independent auditor has not changed from the prior year.”

Financial Statement Notes

PART V, LINE 4:

“Amount held as a permanent source of income, where the principal must be kept intact in perpetuity and income derived is used for laboratory research.”

Raw XML AppendixShowing 400 of 632 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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