Legal Information Network For

“Organizations process to review form 990: form 990 is presented to finance committee and then to the full board for review and questions. Any questions are addressed or clarified. The treasurer signs form 990 on behalf of the organization.”

“Enforcement of conflict of interest policies: the board is required to sign conflict forms each year. Any reported conflicts are reviewed by the board goverance committee.”

“Compensation process for top official: salary is reviewed and approved yearly by full board of directors.”

“Governing documents disclosure: copy of form 990 and annual financial statements are available on the organizations website. Other documents are made available upon request.”

“CancerLINC connects local cancer patients with volunteer financial professionals and attorneys to prevent and resolve the financial and legal issues they are experiencing as a result of their cancer diagnoses. These services are provided pro bono to patients living below the Federal poverty level. Most patients could not afford these professional services without CancerLINC. In FY20 prior to the pandemic, CancerLINC was experiencing rapid growth in services provided compared to the previous year. Through the first nine months of the fiscal year, CancerLINC served 40% more patients and helped them with 43% more issues than during the same period of FY19. However, April 2020 through the end of the fiscal year saw patient referrals plummet due to disruptions in normal patient care processes where in-person clinic visits with patients were restricted due to virus precautions. CancerLINC processes were also impacted through remote work and creatively finding ways to provide services for patients when in-person contact was not possible or highly limited. The fiscal year ended in June with 14.5% more patients served (459) compared with the previous year (401). Financially, CancerLINC was on track to recover from losses in the two previous years. With the onset of the pandemic, two primary spring fundraising events were postponed. Lack of anticipated revenue from these events impacted end of year financials leading to a third year of loss, but more moderate (-$11,915) than in the previous two years. Due to strong end of year individual giving, generous foundation gifts, and a Cares Act PPP loan of $46,700, CancerLINC was able to retain all staff members throughout the last quarter without layoffs or furloughs, ensuring the full complement of staffing and services would be available as patient requests return to normal levels. CancerLINC continues to shift its fundraising priorities to be more balanced and sustainable to better weather unexpected circumstances and position the organization to expand its services to help even more patients in need.”