Civic Intelligence

The Hope Foundation

EIN 74-2655302 • 501(c)3 • Ann Arbor, MI

View Organization Page

Profile

As the philanthropic arm of the swog cancer research network, the hope foundation strives to provide funding and resources for cancer clinical trials research in various forms of adult cancers. Fellowships, research grants, professional medical education training sessions, technical equipment, and meeting coordination are funded by the foundation.

24 Frank Lloyd Wright Dr 4300KAnn Arbor, MI 48105

www.thehopefoundation.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.35x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.76x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

75th percentile

20%

Higher net margin than 75% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

39th percentile

$301,975

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

28th percentile

0.5%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

90%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$62,614,833

Up $301,377 (+0.5%) from 2023

Liabilities

Down

$21,700,785

Down $1,496,719 (-6.5%) from 2023

Net Assets

Up

$40,914,048

Up $1,798,096 (+4.6%) from 2023

Operations
Liabilities / Revenue70th percentileNet Margin75th percentile

Revenue

Up

$28,575,690

Up $13,522,516 (+90%) from 2023

Expenses

Up

$22,976,649

Up $11,585,221 (+102%) from 2023

Net Income

Up

$5,599,041

Up $1,937,295 (+53%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

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

$80M$60M$40M$20M$0Assets 2010: $31,963,977Liabilities 2010: $17,188,900Net Assets 2010: $14,775,0772010Assets 2011: $28,092,370Liabilities 2011: $10,288,439Net Assets 2011: $17,803,9312011Assets 2012: $30,995,178Liabilities 2012: $11,130,133Net Assets 2012: $19,865,0452012Assets 2013: $36,299,648Liabilities 2013: $14,184,496Net Assets 2013: $22,115,1522013Assets 2014: $43,464,984Liabilities 2014: $19,839,108Net Assets 2014: $23,625,8762014Assets 2015: $43,204,084Liabilities 2015: $21,479,351Net Assets 2015: $21,724,7332015Assets 2016: $50,194,832Liabilities 2016: $27,593,799Net Assets 2016: $22,601,0332016Assets 2017: $55,434,961Liabilities 2017: $28,776,589Net Assets 2017: $26,658,3722017Assets 2018: $53,686,931Liabilities 2018: $30,317,181Net Assets 2018: $23,369,7502018Assets 2019: $58,167,517Liabilities 2019: $30,856,889Net Assets 2019: $27,310,6282019Assets 2020: $59,783,233Liabilities 2020: $29,093,850Net Assets 2020: $30,689,3832020Assets 2021: $67,036,351Liabilities 2021: $26,819,165Net Assets 2021: $40,217,1862021Assets 2022: $56,686,859Liabilities 2022: $25,186,858Net Assets 2022: $31,500,0012022Assets 2023: $62,313,456Liabilities 2023: $23,197,504Net Assets 2023: $39,115,9522023Assets 2024: $62,614,833Liabilities 2024: $21,700,785Net Assets 2024: $40,914,0482024

Highlighted filing

2024

Assets$62,614,833
Liabilities$21,700,785
Net Assets$40,914,048
Open 2024 Filing

Operations Trend

Revenue Growth93rd percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $8,526,9522010Expenses 2011: $6,751,2772011Expenses 2012: $6,169,8772012Revenue 2013: $7,080,153Expenses 2013: $5,856,121Net Income 2013: $1,224,0322013Revenue 2014: $8,104,020Expenses 2014: $6,143,216Net Income 2014: $1,960,8042014Revenue 2015: $7,379,531Expenses 2015: $7,375,480Net Income 2015: $4,0512015Revenue 2016: $7,765,060Expenses 2016: $7,892,431Net Income 2016: -$127,3712016Revenue 2017: $9,914,707Expenses 2017: $7,693,060Net Income 2017: $2,221,6472017Revenue 2018: $8,713,150Expenses 2018: $8,086,200Net Income 2018: $626,9502018Revenue 2019: $9,086,097Expenses 2019: $9,431,866Net Income 2019: -$345,7692019Revenue 2020: $7,616,320Expenses 2020: $7,419,016Net Income 2020: $197,3042020Revenue 2021: $9,873,142Expenses 2021: $7,864,451Net Income 2021: $2,008,6912021Revenue 2022: $9,871,970Expenses 2022: $10,964,319Net Income 2022: -$1,092,3492022Revenue 2023: $15,053,174Expenses 2023: $11,391,428Net Income 2023: $3,661,7462023Revenue 2024: $28,575,690Expenses 2024: $22,976,649Net Income 2024: $5,599,0412024

Highlighted filing

2024

Revenue$28,575,690
Expenses$22,976,649
Net Income$5,599,041
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$62,614,833
Liabilities
$21,700,785
Net assets
$40,914,048
Revenue
$28,575,690
Expenses
$22,976,649
Net income
$5,599,041
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.6$21.7$40.9$28.6$23.0$5.60
2023Detailed filing. Detailed filing data is available for this year.$62.3$23.2$39.1$15.1$11.4$3.66
2022Detailed filing. Detailed filing data is available for this year.$56.7$25.2$31.5$9.87$11.0$1.09
2021Detailed filing. Detailed filing data is available for this year.$67.0$26.8$40.2$9.87$7.86$2.01
2020Detailed filing. Detailed filing data is available for this year.$59.8$29.1$30.7$7.62$7.42$0.20
2019Detailed filing. Detailed filing data is available for this year.$58.2$30.9$27.3$9.09$9.43$0.35
2018Detailed filing. Detailed filing data is available for this year.$53.7$30.3$23.4$8.71$8.09$0.63
2017Detailed filing. Detailed filing data is available for this year.$55.4$28.8$26.7$9.91$7.69$2.22
2016Detailed filing. Detailed filing data is available for this year.$50.2$27.6$22.6$7.77$7.89$0.13
2015Detailed filing. Detailed filing data is available for this year.$43.2$21.5$21.7$7.38$7.38$0.00
2014Detailed filing. Detailed filing data is available for this year.$43.5$19.8$23.6$8.10$6.14$1.96
2013Detailed filing. Detailed filing data is available for this year.$36.3$14.2$22.1$7.08$5.86$1.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.0$11.1$19.9$6.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.1$10.3$17.8$6.75
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.0$17.2$14.8$8.53
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 25, 2025
Return Version
2024v5.2
Gross Receipts
$53,309,908
Mission and Program Overview

Mission

As the philanthropic arm of the swog cancer research network, the hope foundation strives to provide funding and resources for cancer clinical trials research in various forms of adult cancers. Fellowships, research grants, professional medical education training sessions, technical equipment, and meeting coordination are funded by the foundation.

To raise and contribute funds for the treatment and prevention of cancer.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$44,717,212$47,214,884▲ $2,497,672
Investments Other Securities$7,354,429$6,140,076▼ $1,214,353
Savings and Temporary Cash Investments$6,420,574$5,592,775▼ $827,799
Accounts Receivable$3,255,176$2,729,491▼ $525,685
Prepaid Expenses and Deferred Charges$152,230$180,656▲ $28,426
Land, Buildings, and Equipment, Net$75,895$65,038▼ $10,857
Pledges and Grants Receivable-$3,000-
Cash and Non-Interest-Bearing Accounts$4,060$785▼ $3,275
Total Assets$62,313,456$62,614,833▲ $301,377
Other Assets Total$333,880$688,128▲ $354,248
Liabilities
Other Liabilities$19,924,641$15,221,190▼ $4,703,451
Accounts Payable and Accrued Expenses$3,266,235$6,472,967▲ $3,206,732
Deferred Revenue$6,628$6,628→ $0
Total Liabilities$23,197,504$21,700,785▼ $1,496,719
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$37,805,011$39,463,206▲ $1,658,195
Net Assets With Donor Restrictions$1,310,941$1,450,842▲ $139,901
Total Net Assets Fund Balance$39,115,952$40,914,048▲ $1,798,096
Total Liabilities and Net Assets / Fund Balance$62,313,456$62,614,833▲ $301,377

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$37,081$293,042$330,123
Leasehold Improvements$27,957$5,259$33,216
Other Securities$2,568,151--
Compensation and Service Providers
Top Officer Pay39th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Johanna Horn MswPresident & CEOFT$267,375$34,600$301,975
Dana SparksDirector of Pc & OperationFT$168,470$22,140$190,610
Morgan CoxDirector of CommunicationsFT$129,526$20,649$150,175
Jennifer FranksLead AttorneyFT$129,502$16,546$146,048
Debra AllenDirector of FinanceFT$126,438$19,405$145,843
Mary BriedeSenior AttorneyFT$126,664$16,106$142,770

Board Members and Trustees

NameTitle
Don S Dizon MdChair
Charles Blanke MdSwog Chair
Mariana Chavez Mac Gregor MdVice Chair
Anjali Advani MdDirector
Christopher Lieu MdDirector
David GibsonDirector
Joseph Unger PhdDirector
Marie Suga MdDirector
Marti K S HeilDirector
Nathan EriksenDirector
Norah Lynn Henry MdDirector
Priyanka Sharma MdDirector
Sarah Goldberg MdDirector
Scott Ramsey MdDirector
Sumanta Pal MdDirector
Syed Ahmad MdDirector
Cathy Tangen PhdSecretary
Marita Kennedy WeinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,147,693
Program Service Revenue
$13,942,758
Investment Income
$8,485,239
Other Revenue
$0
All Other Contributions
$775,000
Change in Net Assets
$5,599,041

Audited Revenue Reconciliation

Revenue per Audited Statements
$28,419,085
Revenue Not Reported on Financial Statements
$156,605
Revenue Not Reported on Form 990
$-3,800,945
Total Revenue per Audited Statements
$24,618,140
Total Revenue per Form 990
$28,575,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,282,302
Salaries, Compensation, and Employee Benefits$6,742,048
Grants and Similar Amounts Paid$2,952,299
Total Fundraising Expense$182,275
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,427,239$1,263,122$98,576$4,788,937
Grants to Domestic Orgs$2,645,525--$2,645,525
Conferences and Meetings$1,510,666--$1,510,666
Other Employee Benefits$594,780$236,302$14,865$845,947
Fees for Services Other$741,136$24,858$1,813$767,807
Pension Plan Contributions$301,013$114,181$7,681$422,875
Payroll Taxes$286,740$87,705$7,869$382,314
Travel$326,191$41,787-$367,978
Current Officers, Directors, Trustees, and Key Employees$215,903$79,945$6,127$301,975
Grants to Domestic Individuals$277,086--$277,086
Occupancy$97,601$66,305-$163,906
Fees for Service Investment Mgmnt Fees-$156,605-$156,605
Office Expenses$65,156$35,081$940$101,177
Information Technology$71,945$20,457-$92,402
All Other Expenses-$45,492$2,891$48,383
Fees for Services Legal-$46,792-$46,792
Fees for Services Accounting-$41,700-$41,700
Other Expenses$21,059$8,306$646$30,011
Foreign Grants$29,688--$29,688
Insurance-$19,093-$19,093
Depreciation Depletion$3,861$6,996-$10,857
Advertising-$813-$813
Total Functional Expenses$20,425,379$2,368,995$182,275$22,976,649

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$22,976,649
Expenses per Audited Statements$22,820,044
Total Expenses per Audited Statements$22,820,044
Expenses Not Reported on Financial Statements$156,605
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fred Hutchinson Cancer Research CenterSeattle, WA501(c)(3)Hope Swog Sdmc Award$319,495
Cancer Research and BiostatisticsSeattle, WA501(c)(3)Hope Sdmc Bridge Award$250,000
North Florida Foundation for Research and EducationGainesville, FL501(c)(3)Swog Va Storefront Award$202,500
Foundation for Advancing VeteransSan Antonio, TX501(c)(3)Swog Va Storefront Award$153,047
University of Texas Md AndersonHouston, TXGovernmentSwog/hope Impact Award$152,101
Fred Hutchinson Cancer Research CenterSeattle, WA501(c)(3)Hope Sdmc Bridge Award$151,000
Cancer Research and BiostatisticsSeattle, WA501(c)(3)Swog Latin America Initiative$149,934
Fred Hutchinson Cancer Research CenterSeattle, WA501(c)(3)Swog/hope Impact Award$125,000
Fred Hutchinson Cancer Research CenterSeattle, WA501(c)(3)Swog/hope Impact Award$125,000
H Lee Moffitt Cancer Center and Research Institute IncTampa, FL501(c)(3)Swog/hope Impact Award$125,000
Research Institute at NationwideColumbus, OH501(c)(3)Strs Funding - Trial S2312$121,252
University of ArizonaTucson, AZ501(c)(3)Swog/hope Impact Award$98,131
Rhode Island HospitalProvidence, RI501(c)(3)Swog Diversity Officer$90,979
Columbia UniversityNew York, NY501(c)(3)Swog/hope Impact Award$84,500
Research Institute at NationwideColumbus, OH501(c)(3)Strs Funding - Trial S2303$72,520
Baylor College of MedicineHouston, TX501(c)(3)Swog/hope Seed Funding$62,500
Northwestern UniversityEvanston, IL501(c)(3)Diversity, Equity and Inclusion$59,635
Columbia UniversityNew York, NY501(c)(3)Swog/hope Career Engagement Award$50,000
Columbia UniversityNew York, NY501(c)(3)Swog/hope Career Engagement Award$50,000
University of Colorado DenverAurora, CO501(c)(3)Diversity, Equity and Inclusion$33,258
University of Texas Hsc at HoustonHouston, TXGovernmentDiversity, Equity and Inclusion$16,718
Columbia UniversityNew York, NY501(c)(3)Grant Writing Workshop$12,308
Columbia UniversityNew York, NY501(c)(3)Strs Funding - Trial S2205$6,281

International Summary

Offices
0
Employees
0
Spending
$29,688

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AmericaGrantmakingGrants00$29,688
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Cristian EriksenSon of Board Member Nathan EriksenW-2 CompensationNo$113,503
Hailey EriksenDaughter of Board Member Nathan EriksenW-2 CompensationNo$17,392
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Assets Held for Others$14,002,075
Leases Payable$688,128
Public Funds$530,987
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The form 990 is reviewed by the board president/ ceo, chair, and secretary prior to filing.”

Form 990, Part VI, Section B, Line 12C

“There is a conflict of interest committee the manages any reported conflicts. Conflict forms are requested annually.”

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

“The salary structure of the organization, including key personnel, is benchmarked every 3 years against national data, including formal compensations surveys every 5 years to maintain relevancy with market”

Form 990, Part VI, Section C, Line 19

“All governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Hope Foundation
EIN
74-2655302
Phone
7349987150
Address
24 FRANK LLOYD WRIGHT DR 4300K, ANN ARBOR, MI 48105

Signing Officer

Name
Johanna Horn
Title
President & CEO
Phone
7349987150
Signed
2025-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Johanna Horn
Formed
1992
Legal Domicile
TX
Voting Board Members
19
Independent Board Members
18
Employees
69
Volunteers
18

Preparer

Firm
Maner Costerisan Pc
Address
2425 E GRAND RIVER SUITE 1, LANSING, MI 48912-3291
Preparer
Brandy L Mikula CPA
Phone
5173237500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“In the preparation of tax returns, tax positions are taken based on interpretation of federal, state, and local income tax laws. Management periodically reviews and evaluates the status of uncertain tax positions and makes estimates of amounts, including interest and penalties, ultimately due or owed. No amounts have been identified, or recorded, as uncertain tax positions. Federal, state, and local tax returns generally remain open for examination by various taxing authorities for a period of three to four years.”

Raw XML AppendixShowing 400 of 988 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.

Path#Value
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IRS990/AccountsReceivableGrp/EOYAmt02729491
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO RAISE AND CONTRIBUTE FUNDS FOR THE TREATMENT AND PREVENTION OF CANCER.
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IRS990/Form990PartVIISectionAGrp/PersonNm4DEBRA ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm5MARY BRIEDE
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IRS990/Form990PartVIISectionAGrp/PersonNm12MARIE SUGA MD
IRS990/Form990PartVIISectionAGrp/PersonNm13SUMANTA PAL MD
IRS990/Form990PartVIISectionAGrp/PersonNm14CHRISTOPHER LIEU MD
IRS990/Form990PartVIISectionAGrp/PersonNm15NORAH LYNN HENRY MD
IRS990/Form990PartVIISectionAGrp/PersonNm16PRIYANKA SHARMA MD
IRS990/Form990PartVIISectionAGrp/PersonNm17MARTI K S HEIL
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IRS990/Form990PartVIISectionAGrp/PersonNm21MARITA KENNEDY WEIN
IRS990/Form990PartVIISectionAGrp/PersonNm22MARIANA CHAVEZ MAC GREGOR MD
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR OF PC & OPERATION
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR OF COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt3LEAD ATTORNEY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SENIOR ATTORNEY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19SWOG CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt21TREASURER
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IRS990/MissionDesc0AS THE PHILANTHROPIC ARM OF THE SWOG CANCER RESEARCH NETWORK, THE HOPE FOUNDATION STRIVES TO PROVIDE FUNDING AND RESOURCES FOR CANCER CLINICAL TRIALS RESEARCH IN VARIOUS FORMS OF ADULT CANCERS. FELLOWSHIPS, RESEARCH GRANTS, PROFESSIONAL MEDICAL EDUCATION TRAINING SESSIONS, TECHNICAL EQUIPMENT, AND MEETING COORDINATION ARE FUNDED BY THE FOUNDATION.
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