Civic Intelligence

Dr Susan Love Research Foundation

990 • Fiscal year 2017 • EIN 77-0009065

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 06, 2017

16133 Ventura Blvd No 1000Encino, CA 91436

(310) 828-0060

Siviq Scores

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

Liabilities / Assets

48th percentile

0.08x

Higher debt load relative to assets than 48% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

51st percentile

0.10x

Higher debt load relative to revenue than 51% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

17th percentile

-13%

Higher net margin than 17% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

91st percentile

$218,936

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

12th percentile

-9.8%

Faster asset growth than 12% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

16th percentile

-15%

Faster revenue growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,986,736

Down $323,613 (-9.8%) from 2016

Net Assets

Down

$2,736,907

Down $226,800 (-7.7%) from 2016

Liabilities

Down

$249,829

Down $96,813 (-28%) from 2016

Revenue

Down

$2,425,078

Down $425,285 (-15%) from 2016

Expenses

Down

$2,750,486

Down $12,908 (-0.5%) from 2016

Net Income

Down

-$325,408

Down $412,377 (-474%) from 2016

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: $4,896,263Liabilities 2011: $183,092Net Assets 2011: $4,713,1712011Assets 2012: $4,879,233Liabilities 2012: $222,427Net Assets 2012: $4,656,8062012Assets 2013: $4,409,657Liabilities 2013: $138,435Net Assets 2013: $4,271,2222013Assets 2014: $3,971,752Liabilities 2014: $114,655Net Assets 2014: $3,857,0972014Assets 2015: $3,102,058Liabilities 2015: $211,272Net Assets 2015: $2,890,7862015Assets 2016: $3,310,349Liabilities 2016: $346,642Net Assets 2016: $2,963,7072016Assets 2017: $2,986,736Liabilities 2017: $249,829Net Assets 2017: $2,736,9072017Assets 2018: $2,877,782Liabilities 2018: $163,399Net Assets 2018: $2,714,3832018Assets 2019: $2,267,338Liabilities 2019: $234,262Net Assets 2019: $2,033,0762019Assets 2020: $2,915,436Liabilities 2020: $338,922Net Assets 2020: $2,576,5142020Assets 2021: $3,291,180Liabilities 2021: $494,285Net Assets 2021: $2,796,8952021Assets 2022: $2,613,772Liabilities 2022: $195,399Net Assets 2022: $2,418,3732022Assets 2023: $1,738,957Liabilities 2023: $460,427Net Assets 2023: $1,278,5302023Assets 2024: $407,467Liabilities 2024: $118,829Net Assets 2024: $288,6382024

Highlighted filing

2017

Assets$2,986,736
Liabilities$249,829
Net Assets$2,736,907

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,940,545Expenses 2011: $2,068,090Net Income 2011: -$127,5452011Revenue 2012: $2,134,342Expenses 2012: $1,901,703Net Income 2012: $232,6392012Revenue 2013: $1,945,611Expenses 2013: $2,309,080Net Income 2013: -$363,4692013Revenue 2014: $1,680,170Expenses 2014: $2,182,967Net Income 2014: -$502,7972014Revenue 2015: $2,094,165Expenses 2015: $2,975,812Net Income 2015: -$881,6472015Revenue 2016: $2,850,363Expenses 2016: $2,763,394Net Income 2016: $86,9692016Revenue 2017: $2,425,078Expenses 2017: $2,750,486Net Income 2017: -$325,4082017Revenue 2018: $2,314,296Expenses 2018: $2,413,117Net Income 2018: -$98,8212018Revenue 2019: $1,852,727Expenses 2019: $2,512,665Net Income 2019: -$659,9382019Revenue 2020: $3,009,460Expenses 2020: $2,471,979Net Income 2020: $537,4812020Revenue 2021: $2,542,954Expenses 2021: $2,464,496Net Income 2021: $78,4582021Revenue 2022: $2,470,271Expenses 2022: $2,635,333Net Income 2022: -$165,0622022Revenue 2023: $1,502,903Expenses 2023: $2,684,693Net Income 2023: -$1,181,7902023Revenue 2024: $998,217Expenses 2024: $1,987,605Net Income 2024: -$989,3882024

Highlighted filing

2017

Revenue$2,425,078
Expenses$2,750,486
Net Income-$325,408
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 6, 2017
Return Version
2016v3.0
Gross Receipts
$2,907,519
Mission and Program Overview

Mission

The mission of the dr. Susan love research foundation is to achieve a future without breast cancer by engaging the public and scientific communities in innovative research.

Eradicating breast cancer through innovative & collaborative research on cause & prevention.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,240,065$2,413,883▲ $173,818
Land, Buildings, and Equipment, Net$242,619$268,395▲ $25,776
Cash and Non-Interest-Bearing Accounts$610,810$183,248▼ $427,562
Pledges and Grants Receivable$130,591$68,479▼ $62,112
Prepaid Expenses and Deferred Charges$68,078$36,345▼ $31,733
Total Assets$3,310,349$2,986,736▼ $323,613
Other Assets Total$18,186$16,386▼ $1,800
Liabilities
Accounts Payable and Accrued Expenses$302,986$237,329▼ $65,657
Deferred Revenue$26,156$0▼ $26,156
Grants Payable$17,500$12,500▼ $5,000
Total Liabilities$346,642$249,829▼ $96,813
Net Assets / Fund Balance
Unrestricted Net Assets$2,134,109$2,323,757▲ $189,648
Temporarily Rstr Net Assets$829,598$413,150▼ $416,448
Total Net Assets Fund Balance$2,963,707$2,736,907▼ $226,800
Total Liabilities and Net Assets / Fund Balance$3,310,349$2,986,736▼ $323,613

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$252,552$451,810$704,362
Equipment$7,737$23,818$31,555
Leasehold Improvements$8,106$4,053$12,159
Other Securities$601,610--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan Love MdPresident/chief VisionaryFT$210,000$8,936$218,936
Heather OrtnerCEOFT$189,026$8,533$197,559
Stephen GinnegarCFOFT$145,559$15,558$161,117

Board Members and Trustees

NameTitle
Meribeth BrandChairwoman
Dr Karen DuvallVice Chair
Melissa WayneDirector
Nicole WrubelDirector
Sonya RosenfeldDirector
William GreeneDirector
Natalie T HaganSecretary
Kate McleanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Clearview Diagnostics INCResearch57 GEIGAR LANE, Warren, NJ 07059$274,269
Revenue and Support

Revenue Composition

Contributions and Grants
$2,120,669
Program Service Revenue
$37,500
Investment Income
$75,364
Other Revenue
$191,545
All Other Contributions
$1,609,976
Change in Net Assets
$-325,408

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,425,078
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$98,608
Total Revenue per Audited Statements
$2,523,686
Total Revenue per Form 990
$2,425,078
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,439,992
Other Expenses$1,310,494
Total Fundraising Expense$239,342
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$500,454$96,065$130,207$726,726
Current Officers, Directors, Trustees, and Key Employees$499,765$28,960$15,860$544,585
Fees for Services Other$468,163$28,929$16,605$513,697
Occupancy$112,714$17,620$9,903$140,237
Conferences and Meetings$119,468$836$1,196$121,500
Depreciation Depletion$100,571--$100,571
Payroll Taxes$72,250$8,435$10,832$91,517
Other Employee Benefits$54,875$14,458$7,831$77,164
Office Expenses$12,067$6,884$19,891$38,842
Insurance$25,475$11,651$26$37,152
Travel$26,291$1,351$8,713$36,355
Information Technology$18,841$7,135$4,695$30,671
Fees for Services Legal$16,551--$16,551
Fees for Services Accounting$11,474$1,267$1,009$13,750
Other Expenses$4,185$3,150$45$7,380
Total Functional Expenses$2,264,314$246,830$239,342$2,750,486

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,750,486
Total Expenses per Audited Statements$2,750,486
Total Expenses per Form 990$2,750,486
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$207,408
Fundraising Direct Expenses$31,660
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Love Walk$207,408$207,408$31,660$175,748
Total Events$207,408$207,408$31,660$175,748
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Section B, Line 11B

The form 990 will be sent out to the audit committee for review, comment and approval before the president signs the return for filing.

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

The conflict of interest policy is signed annually. At various board meetings during the year, this is monitored by asking whether there are any new conflicts to add to the conflict of interest form that was signed earlier.

Form 990, Part VI, Section B, Line 15

The board reviews the salary of the ceo and other key employees to determine salary. They look at others that are in the field and also confirm that the amount paid will fit into the organization budget. This is documented and approved by the board before it's discussed with the employee.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, financial statements and tax return available to the public at their offices during normal business hours.

Filing and Contact Details

Filer

Filer Name
Dr Susan Love Research Foundation
EIN
77-0009065
Phone
3108280060
Address
16133 VENTURA BLVD NO 1000, ENCINO, CA 91436

Signing Officer

Name
Stephen Ginnegar
Title
CFO
Phone
3108280060
Signed
2017-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Love
Formed
1983
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
8
Employees
17
Volunteers
381,000

Preparer

Firm
HENSIEK & CARON CPA'S
Address
650 SIERRA MADRE VILLA 303, PASADENA, CA 91107
Preparer
Barry B Hensiek
Phone
6267929988
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Human resources: program service expenses 0. Management and general expenses 3,383. Fundraising expenses 0. Total expenses 3,383. Research: program service expenses 459,419. Management and general expenses 0. Fundraising expenses 0. Total expenses 459,419. Other: program service expenses 8,744. Management and general expenses 25,546. Fundraising expenses 16,605. Total expenses 50,895.

Raw XML AppendixShowing 400 of 572 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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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION AND OUTREACH PROGRAMDR. SUSAN LOVE RESEARCH FOUNDATION TRANSLATES COMPLEX CONCEPTS REGARDING THE SCIENCE OF BREAST CANCER INTO EASY TO UNDERSTAND INFORMATION IN ORDER TO INFORM, ENGAGE AND EMPOWER PATIENTS, CAREGIVERS AND THE PUBLIC AT LARGE. THROUGH ONLINE AND INTERACTIVE EDUCATIONAL RESOURCES AND MATERIALS, THE FOUNDATION HEIGHTENS UNDERSTANDING OF THE LATEST ADVANCES IN BREAST CANCER CAUSE, DETECTION, PREVENTION AND TREATMENT AND FOSTERS PARTICIPATION IN URGENTLY NEEDED RESEARCH AND ADVOCACY. DR. SUSAN LOVE RESEARCH FOUNDATION DOES THIS THROUGH THE ARMY OF WOMEN PROGRAM (TO DATE MORE THAN 380,000 WOMEN AND MEN HAVE REGISTERED), HEALTH OF WOMEN STUDY, IMPATIENT SCIENCE PROGRAM AND INSPIRING NOVEL RESEARCH BY ORGANIZING BIENNIAL SYMPOSIUMS ON THE INTRADUCTAL APPROACH TO BREAST CANCER AND AWARDING PILOT GRANTS TOTALING MORE THAN $1,000,000.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.41$0.12$0.29$1.00$1.99$0.99
2023Detailed filing. Detailed filing data is available for this year.$1.74$0.46$1.28$1.50$2.68$1.18
2022Detailed filing. Detailed filing data is available for this year.$2.61$0.20$2.42$2.47$2.64$0.17
2021Detailed filing. Detailed filing data is available for this year.$3.29$0.49$2.80$2.54$2.46$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.92$0.34$2.58$3.01$2.47$0.54
2019Detailed filing. Detailed filing data is available for this year.$2.27$0.23$2.03$1.85$2.51$0.66
2018Detailed filing. Detailed filing data is available for this year.$2.88$0.16$2.71$2.31$2.41$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.99$0.25$2.74$2.43$2.75$0.33
2016Detailed filing. Detailed filing data is available for this year.$3.31$0.35$2.96$2.85$2.76$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.10$0.21$2.89$2.09$2.98$0.88
2014Summary only. Only limited summary data is available for this year.$3.97$0.11$3.86$1.68$2.18$0.50
2013Summary only. Only limited summary data is available for this year.$4.41$0.14$4.27$1.95$2.31$0.36
2012Summary only. Only limited summary data is available for this year.$4.88$0.22$4.66$2.13$1.90$0.23
2011Summary only. Only limited summary data is available for this year.$4.90$0.18$4.71$1.94$2.07$0.13