Civic Intelligence

Jeff Gordon Childrens Foundation

990 • Fiscal year 2016 • EIN 56-2174163

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 24, 2017

1310 S Tryon StreetCharlotte, NC 28203

(980) 999-5150

Siviq Scores

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

Liabilities / Assets

99th percentile

0.85x

Higher debt load relative to assets than 99% of similar nonprofits.

2016 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

1.25x

Higher debt load relative to revenue than 96% of similar nonprofits.

2016 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2016

Net Margin

35th percentile

-54%

Higher net margin than 35% of similar nonprofits.

2016 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

99th percentile

$94,500

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2016 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2016

Asset Growth

93rd percentile

114%

Faster asset growth than 93% of similar nonprofits.

2016 filings • NTEE T20 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

28th percentile

-43%

Faster revenue growth than 28% of similar nonprofits.

2016 filings • NTEE T20 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,890,611

Up $1,005,359 (+114%) from 2015

Net Assets

Down

$280,552

Down $604,700 (-68%) from 2015

Liabilities

Up

$1,610,059

Up $1,610,059 from 2015

Revenue

Down

$1,292,992

Down $962,769 (-43%) from 2015

Expenses

Down

$1,991,457

Down $323,029 (-14%) from 2015

Net Income

Down

-$698,465

Down $639,740 (-1089%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $421,978Liabilities 2011: $0Net Assets 2011: $421,9782011Assets 2012: $362,002Liabilities 2012: $0Net Assets 2012: $362,0022012Assets 2013: $481,480Liabilities 2013: $0Net Assets 2013: $481,4802013Assets 2014: $943,977Liabilities 2014: $0Net Assets 2014: $943,9772014Assets 2015: $885,252Liabilities 2015: $0Net Assets 2015: $885,2522015Assets 2016: $1,890,611Liabilities 2016: $1,610,059Net Assets 2016: $280,5522016Assets 2017: $1,874,429Liabilities 2017: $1,724,254Net Assets 2017: $150,1752017Assets 2018: $1,467,265Liabilities 2018: $900,805Net Assets 2018: $566,4602018Assets 2019: $1,851,659Liabilities 2019: $1,680,616Net Assets 2019: $171,0432019Assets 2020: $1,667,881Liabilities 2020: $185,059Net Assets 2020: $1,482,8222020Assets 2021: $4,142,605Liabilities 2021: $1,169,364Net Assets 2021: $2,973,2412021Assets 2022: $4,160,929Liabilities 2022: $1,331,683Net Assets 2022: $2,829,2462022Assets 2023: $4,109,712Liabilities 2023: $2,791,531Net Assets 2023: $1,318,1812023Assets 2024: $2,985,623Liabilities 2024: $1,075,045Net Assets 2024: $1,910,5782024

Highlighted filing

2016

Assets$1,890,611
Liabilities$1,610,059
Net Assets$280,552

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,996,7392011Expenses 2012: $1,924,8042012Revenue 2013: $2,190,555Expenses 2013: $2,071,077Net Income 2013: $119,4782013Revenue 2014: $2,085,331Expenses 2014: $1,622,834Net Income 2014: $462,4972014Revenue 2015: $2,255,761Expenses 2015: $2,314,486Net Income 2015: -$58,7252015Revenue 2016: $1,292,992Expenses 2016: $1,991,457Net Income 2016: -$698,4652016Revenue 2017: $1,572,253Expenses 2017: $1,751,274Net Income 2017: -$179,0212017Revenue 2018: $1,541,931Expenses 2018: $1,030,577Net Income 2018: $511,3542018Revenue 2019: $2,543,215Expenses 2019: $3,025,707Net Income 2019: -$482,4922019Revenue 2020: $3,266,520Expenses 2020: $2,008,458Net Income 2020: $1,258,0622020Revenue 2021: $4,968,682Expenses 2021: $3,560,414Net Income 2021: $1,408,2682021Revenue 2022: $2,964,922Expenses 2022: $2,937,606Net Income 2022: $27,3162022Revenue 2023: $1,194,226Expenses 2023: $2,812,957Net Income 2023: -$1,618,7312023Revenue 2024: $2,950,826Expenses 2024: $2,418,483Net Income 2024: $532,3432024

Highlighted filing

2016

Revenue$1,292,992
Expenses$1,991,457
Net Income-$698,465
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 24, 2017
Return Version
2016v3.0
Gross Receipts
$1,375,269
Mission and Program Overview

Mission

The organization's primary mission is to support children battling cancer by funding programs that improve patients' quality of life, treatment programs that increase survivorship, and pediatric medical research dedicated to finding a cure.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$617,330$1,472,099▲ $854,769
Investments in Publicly Traded Securities$236,708$376,171▲ $139,463
Land, Buildings, and Equipment, Net$31,214$29,952▼ $1,262
Pledges and Grants Receivable-$10,692-
Prepaid Expenses and Deferred Charges-$1,697-
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$885,252$1,890,611▲ $1,005,359
Other Assets Total-$0-
Liabilities
Other Liabilities-$1,206,924-
Accounts Payable and Accrued Expenses-$403,135-
Total Liabilities$0$1,610,059▲ $1,610,059
Net Assets / Fund Balance
Unrestricted Net Assets$870,267$264,735▼ $605,532
Temporarily Rstr Net Assets$14,985$15,817▲ $832
Total Net Assets Fund Balance$885,252$280,552▼ $604,700
Total Liabilities and Net Assets / Fund Balance$885,252$1,890,611▲ $1,005,359

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$17,483$58,063$75,546
Equipment$12,469$2,687$15,156
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patricia KrigerExecutive DirectorFT$94,500$94,500
Ryan HutchesonCFO-$8,750$8,750

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$803,499
Program Service Revenue
$0
Investment Income
$3,870
Other Revenue
$485,623
All Other Contributions
$803,499
Change in Net Assets
$-698,465

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Cars and Other Vehicles1$59,559
Total Noncash Contributions1$59,559

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,254,355
Revenue Not Reported on Financial Statements
$38,637
Revenue Not Reported on Form 990
$25,433
Other Revenue Adjustments
$34,792
Total Revenue per Audited Statements
$1,279,788
Total Revenue per Form 990
$1,292,992
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,229,816
Other Expenses$404,411
Salaries, Compensation, and Employee Benefits$357,230
Total Fundraising Expense$307,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,229,816--$1,229,816
Other Salaries and Wages$45,591$40,607$110,038$196,236
Current Officers, Directors, Trustees, and Key Employees$61,425$27,650$14,175$103,250
Fees for Services Other$4,908$47,576$20,263$72,747
Occupancy$21,736$13,863$24,229$59,828
All Other Expenses$7,348$22,465$12,759$42,572
Travel$22,263$3,425$8,563$34,251
Other Employee Benefits$7,746$4,940$8,631$21,317
Payroll Taxes$7,279$4,643$8,115$20,037
Advertising$7,216$4,602$8,044$19,862
Pension Plan Contributions$5,954$3,798$6,638$16,390
Other Expenses$5,442$3,471$6,337$15,250
Fees for Services Accounting-$12,601-$12,601
Office Expenses$3,440$2,194$3,834$9,468
Depreciation Depletion$2,811$1,793$3,133$7,737
Fees for Service Investment Mgmnt Fees-$3,845-$3,845
Insurance-$2,903-$2,903
Fees for Services Legal-$2,614-$2,614
Total Functional Expenses$1,432,975$251,482$307,000$1,991,457

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,991,457
Expenses per Audited Statements$1,966,114
Total Expenses per Audited Statements$1,966,114
Expenses Not Reported on Financial Statements$25,343
Other Expense Adjustments$21,498
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Riley Childrens HospitalIndianapolis, IN501(c)(3)Pediatric Oncology training$500,000
Childrens Oncology Group FdnPhiladelphia, PA501(c)(3)Project EveryChild database$258,741
Childrens Natl Health SystemWashington, DC501(c)(3)DNA identification program$241,183
Memorial Sloan Kettering CtrNew York, NY501(c)(3)SADA Drug Delivery Platform$202,000
Tatums Bags of FunIndiapolis, IN501(c)(3)Provide personal items for patients$10,000
Partners in HealthBoston, MA501(c)(3)Quilts for pediatric cancerpatients$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$565,000
Gaming Direct Expenses$79,377
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jeff Gordon IncOwnerReimbursementsNo$356,605
JG Real Property LLCOwnerRentNo$42,000

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Grants payable$1,206,924
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
Yes
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

A copy of the Form 990 is provided to the Chief Financial Officer and it is reviewed and approved by the Board prior to filing.

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

Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person:a. Has received a copy of the conflicts of interest policy,b. Has read and understands the policy,c. Has agreed to comply with the policy, andd. Understands the Foundation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes.

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

The President and the Board of Directors Chairman review salaries and bonuses.

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

The Annual Report is available on the Organization's website.

Filing and Contact Details

Filer

Filer Name
The Jeff Gordon Childrens Foundation
EIN
56-2174163
Phone
9809995150
Address
1310 S Tryon Street, Charlotte, NC 28203

Signing Officer

Name
Jeffery M Gordon
Title
President
Signed
2017-08-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffery M Gordon
Formed
1999
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
5
Employees
0
Volunteers
380

Preparer

Firm
C DeWitt Foard & Co PA CPAs
Address
817 E Morehead Street Ste 100, Charlotte, NC 28202-2767
Preparer
Phillip G Wilson
Phone
7043721515
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - Related Party Payroll Administrator All of Foundation's staff is employed directly by Jeff Gordon, Inc. as disclosed in Schedule L. This relationship exists in order to miminize overall payroll and related benefit costs incurred by the Foundation.

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: OTHER PROGRAM SERVICES 5: Memorial Sloan Kettering Cancer CenterNeuroblastoma frequently is only diagnosed after the disease has spread from the primary tumor site to multiple metastatic sites. This typically requires systemic chemotherapy affecting all parts of the body leading to unintended side effects. In the past recurrent metastatic neuroblastoma was treated with high doses of toxic chemotherapy requiring bone marrow transplant rescue due to the destruction of the patients blood producing bone marrow. These unintended off-target toxicities are well known even with todays precision medicines. Some of these toxicities could be life-long. The ultimate goal of drug development is to find a way to deliver medicine selectively to tumor cells, and not to normal bone marrow, the immune system, kidney, or other vital organs. The team has recently developed a system whereby we can control drug delivery with such precision that toxicity only occurs where the drug is picked up by tumor cells. This Self-assembly/Disassembly (SADA) therapeutic is composed of a multimeric bispecific antibody (BsAb) fragments that can bind to surface antigens on tumor cells and radioactive payload. These BsAbs fragment were engineered to spontaneously assemble into a multimeric SADA complex. Due to its multimeric nature, the SADA complex has enhanced cooperative binding (avidity) to the tumor target, increasing specificity to the target cells or tissues and extending initial serum half-life, while reducing non-specific binding to bystander targets and decreasing toxicity. At non-tumor sites, the SADA complex can spontaneously disassemble into smaller fragments which allow for rapid renal clearance from the body.

Financial Statement Notes

Part X : FIN48 Footnote

N/A

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

Section 481(a) adjustment $34792

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

Section 481(a) adjustment $21498

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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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IRS990/PrincipalOfficerNm0Jeffery M Gordon
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IRS990/ProgSrvcAccomActy2Grp/Desc0Childrens Oncology GroupProject:EveryChild Recent studies suggest that circulating tumor DNA is present in the plasma of solid tumor patients at diagnosis. This circulating tumor DNA may provide a basis for early detection or as a baseline for disease monitoring during treatment. COG will collect samples at diagnosis using special tubes (Streck tubes) which allow for the collection of circulating tumor DNA. The Streck tubes will be processed for plasma and white blood cells (WBCs) for future extraction of circulating DNA and tumor DNA, respectively.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Childrens National Health SystemThe study seeks to generate custom gene-fusion databases including all possible fusion events present in a tumors DNA. This database will be used to map all of the proteins that have been sequenced in the same tumor. Doing so will enable the team to assign protein fragments that do not correspond to the reference genome to disease-specific genomic structural variations, thereby validating those that are capable of effecting cellular change.By continuing this line of inquiry, the team aims to identify genetic events that transform normal cells into tumor progenitors including gene fusions and other structural variations leading to unique tumor proteins. In addition, they plan to leverage these unique tumor specific events to create assays to detect tumor DNA that is free floating in blood and cerebrospinal fluid. These personalized biomarkers could be used to monitor the effectiveness of therapy and detect early tumor recurrence at molecular resolution. Such a tool would allow an oncologist to precisely design a treatment regimen to avoid unnecessary toxicities while maintaining effectiveness.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.99$1.08$1.91$2.95$2.42$0.53
2023Detailed filing. Detailed filing data is available for this year.$4.11$2.79$1.32$1.19$2.81$1.62
2022Detailed filing. Detailed filing data is available for this year.$4.16$1.33$2.83$2.96$2.94$0.03
2021Detailed filing. Detailed filing data is available for this year.$4.14$1.17$2.97$4.97$3.56$1.41
2020Detailed filing. Detailed filing data is available for this year.$1.67$0.19$1.48$3.27$2.01$1.26
2019Detailed filing. Detailed filing data is available for this year.$1.85$1.68$0.17$2.54$3.03$0.48
2018Detailed filing. Detailed filing data is available for this year.$1.47$0.90$0.57$1.54$1.03$0.51
2017Summary only. Only limited summary data is available for this year.$1.87$1.72$0.15$1.57$1.75$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.89$1.61$0.28$1.29$1.99$0.70
2015Summary only. Only limited summary data is available for this year.$0.89$0.00$0.89$2.26$2.31$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$2.09$1.62$0.46
2013Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$2.19$2.07$0.12
2012Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$1.92
2011Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$2.00