Civic Intelligence

The Thanc Foundation Inc

EIN 80-0062118 • 501(c)3 • New York, NY

Profile

Thanc foundation is committed to the research and education in early detection and treatment of thyroid, head and neck cancer and to advance new therapeutic approaches, and to alleviate the suffering and impairment of patients who undergo treatment.

10 Union Square East 5BNew York, NY 10003

www.thancfoundation.org

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.06x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

24th percentile

-6.2%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

38th percentile

1.2%

Faster asset growth than 38% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-5.6%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$5,968,659

Up $71,335 (+1.2%) from 2023

Liabilities

Up

$79,225

Up $43,091 (+119%) from 2023

Net Assets

Up

$5,889,434

Up $28,244 (+0.5%) from 2023

Operations
Liabilities / Revenue31st percentileNet Margin24th percentile

Revenue

Down

$1,224,923

Down $72,007 (-5.6%) from 2023

Expenses

Up

$1,300,891

Up $189,983 (+17%) from 2023

Net Income

Down

-$75,968

Down $261,990 (-141%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth38th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,725,686Liabilities 2011: $82,770Net Assets 2011: $3,642,9162011Assets 2012: $4,078,055Liabilities 2012: $371,725Net Assets 2012: $3,706,3302012Assets 2013: $4,268,659Liabilities 2013: $413,995Net Assets 2013: $3,854,6642013Assets 2014: $4,211,326Liabilities 2014: $258,371Net Assets 2014: $3,952,9552014Assets 2015: $4,003,009Liabilities 2015: $514,370Net Assets 2015: $3,488,6392015Assets 2016: $3,852,562Liabilities 2016: $137,601Net Assets 2016: $3,714,9612016Assets 2017: $4,091,525Liabilities 2017: $91,737Net Assets 2017: $3,999,7882017Assets 2018: $4,473,664Liabilities 2018: $76,802Net Assets 2018: $4,396,8622018Assets 2019: $5,217,589Liabilities 2019: $81,484Net Assets 2019: $5,136,1052019Assets 2020: $5,636,446Liabilities 2020: $68,799Net Assets 2020: $5,567,6472020Assets 2021: $5,679,438Liabilities 2021: $63,725Net Assets 2021: $5,615,7132021Assets 2022: $5,621,999Liabilities 2022: $28,966Net Assets 2022: $5,593,0332022Assets 2023: $5,897,324Liabilities 2023: $36,134Net Assets 2023: $5,861,1902023Assets 2024: $5,968,659Liabilities 2024: $79,225Net Assets 2024: $5,889,4342024

Highlighted filing

2024

Assets$5,968,659
Liabilities$79,225
Net Assets$5,889,434
Open 2024 Filing

Operations Trend

Revenue Growth25th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,022,204Expenses 2011: $1,339,640Net Income 2011: $682,5642011Revenue 2012: $1,817,497Expenses 2012: $1,754,083Net Income 2012: $63,4142012Revenue 2013: $2,440,581Expenses 2013: $2,292,247Net Income 2013: $148,3342013Revenue 2014: $1,997,207Expenses 2014: $1,898,916Net Income 2014: $98,2912014Revenue 2015: $1,840,019Expenses 2015: $2,304,335Net Income 2015: -$464,3162015Revenue 2016: $1,754,959Expenses 2016: $1,981,338Net Income 2016: -$226,3792016Revenue 2017: $1,924,880Expenses 2017: $1,808,543Net Income 2017: $116,3372017Revenue 2018: $2,176,125Expenses 2018: $1,467,344Net Income 2018: $708,7812018Revenue 2019: $2,169,119Expenses 2019: $1,375,184Net Income 2019: $793,9352019Revenue 2020: $1,619,224Expenses 2020: $1,053,024Net Income 2020: $566,2002020Revenue 2021: $1,339,976Expenses 2021: $998,222Net Income 2021: $341,7542021Revenue 2022: $1,465,275Expenses 2022: $1,003,424Net Income 2022: $461,8512022Revenue 2023: $1,296,930Expenses 2023: $1,110,908Net Income 2023: $186,0222023Revenue 2024: $1,224,923Expenses 2024: $1,300,891Net Income 2024: -$75,9682024

Highlighted filing

2024

Revenue$1,224,923
Expenses$1,300,891
Net Income-$75,968
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
$5,968,659
Liabilities
$79,225
Net assets
$5,889,434
Revenue
$1,224,923
Expenses
$1,300,891
Net income
-$75,968
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.97$0.08$5.89$1.22$1.30$0.08
2023Detailed filing. Detailed filing data is available for this year.$5.90$0.04$5.86$1.30$1.11$0.19
2022Detailed filing. Detailed filing data is available for this year.$5.62$0.03$5.59$1.47$1.00$0.46
2021Detailed filing. Detailed filing data is available for this year.$5.68$0.06$5.62$1.34$1.00$0.34
2020Detailed filing. Detailed filing data is available for this year.$5.64$0.07$5.57$1.62$1.05$0.57
2019Detailed filing. Detailed filing data is available for this year.$5.22$0.08$5.14$2.17$1.38$0.79
2018Detailed filing. Detailed filing data is available for this year.$4.47$0.08$4.40$2.18$1.47$0.71
2017Summary only. Only limited summary data is available for this year.$4.09$0.09$4.00$1.92$1.81$0.12
2016Summary only. Only limited summary data is available for this year.$3.85$0.14$3.71$1.75$1.98$0.23
2015Summary only. Only limited summary data is available for this year.$4.00$0.51$3.49$1.84$2.30$0.46
2014Detailed filing. Detailed filing data is available for this year.$4.21$0.26$3.95$2.00$1.90$0.10
2013Detailed filing. Detailed filing data is available for this year.$4.27$0.41$3.85$2.44$2.29$0.15
2012Summary only. Only limited summary data is available for this year.$4.08$0.37$3.71$1.82$1.75$0.06
2011Summary only. Only limited summary data is available for this year.$3.73$0.08$3.64$2.02$1.34$0.68
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$2,670,918
Mission and Program Overview

Mission

Thanc foundation is committed to the research and education in early detection and treatment of thyroid, head and neck cancer, and to advance new therepeutic approaches, and to alleviate the suffering and impairment of patients who undergo treatment.

Support research and education in early detection and treatment of thyroid, head and neck cancer.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,660,280$5,730,789▲ $1,070,509
Cash and Non-Interest-Bearing Accounts$1,205,109$162,773▼ $1,042,336
Prepaid Expenses and Deferred Charges$2,602$4,946▲ $2,344
Land, Buildings, and Equipment, Net-$1,542-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$5,897,324$5,968,659▲ $71,335
Other Assets Total$29,333$68,609▲ $39,276
Liabilities
Accounts Payable and Accrued Expenses$36,134$77,501▲ $41,367
Other Liabilities-$1,724-
Total Liabilities$36,134$79,225▲ $43,091
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,649,235$5,728,510▲ $79,275
Net Assets With Donor Restrictions$211,955$160,924▼ $51,031
Total Net Assets Fund Balance$5,861,190$5,889,434▲ $28,244
Total Liabilities and Net Assets / Fund Balance$5,897,324$5,968,659▲ $71,335

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$158,965$158,965
Equipment$1,542$50,647$52,189
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Erika RauscherExecutive DirectorFT$232,284$232,284
Jesse FisherCreative DirectorFT$111,642$111,642

Board Members and Trustees

NameTitle
David HirshChairman
Andrew FriedwaldDirector
Arlene Katz SpitzerDirector
Craig BedenDirector
Daniel Buchbinder Dmd MdDirector
Devin OkayddsDirector
Donna GoldenDirector
Elliot BernerdDirector
Gary LevyDirector
Greg GeronemusDirector
Hanley Dawson IvDirector
Jared KanefskyDirector
Larry LevyDirector
Lesley Nan HabermanDirector
Linda SwallingDirector
Mindi MondDirector
Mitch KuflikDirector
Patricia MccarthyDirector
Raymond Chai MdDirector
Rich MartinDirector
Stephen MilsteinDirector
Steven BlackDirector
Wynn PlautDirector
Mark L Urken MdMedical Advisor
Jack GarratySecretary
John Conklin IiiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,177,843
Program Service Revenue
$0
Investment Income
$164,671
Other Revenue
$-117,591
All Other Contributions
$740,088
Change in Net Assets
$-75,968

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 AmountValuation Method
Securities Publicly Traded3$40,064Fair Market Value (FMV)
Total Noncash Contributions3$40,064-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,224,923
Revenue Not Reported on Form 990
$231,071
Total Revenue per Audited Statements
$1,455,994
Total Revenue per Form 990
$1,224,923
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$783,709
Salaries, Compensation, and Employee Benefits$517,182
Total Fundraising Expense$123,993
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$118,454$56,915$56,915$232,284
Other Salaries and Wages$131,840$12,637$4,670$149,147
Other Employee Benefits$55,671$55,102-$110,773
All Other Expenses$61,040$8,614$30,690$100,344
Fees for Services Accounting-$65,477-$65,477
Other Expenses$20,024$19,102-$39,126
Advertising$6,397-$21,392$27,789
Payroll Taxes-$24,978-$24,978
Travel$12,572$448$6,877$19,897
Office Expenses$14$14,182$3,449$17,645
Fees for Services Legal-$13,106-$13,106
Insurance-$4,351-$4,351
Depreciation Depletion-$171-$171
Total Functional Expenses$901,815$275,083$123,993$1,300,891

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,427,750
Expenses per Audited Statements$1,300,891
Total Expenses per Form 990$1,300,891
Expenses Not Reported on Form 990$126,859
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$117,591
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
New York Golf$259,639-$81,509-
Chicago Golf$131,850-$35,411-
Total Events$437,756-$117,591$-117,591
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

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
Credit Cards$1,724
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Directors larry levy, gary levy and donna golden are siblings.marginview3d volunteer and creator michael karasick, phd, is married to thanc executive director erika rauscher.”

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

“The form 990 is distributed to the board for review, and is approved in advance of filing,by the executive committee of the board.”

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

“The organization regularly monitors and enforces compliance to the conflict of interest policy by updating annually and discussing with new employees and board members.”

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

“Determining the compensation of the organization's executive director included review, deliberation and approval of the executive committee of the board of directors, with comparisons to other nonprofit organizations.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request as well as on the website.”

Filing and Contact Details

Filer

Filer Name
The Thanc Foundation Inc
EIN
80-0062118
Phone
6466853982
Address
10 UNION SQUARE EAST 5B, NEW YORK, NY 10003

Signing Officer

Name
David Hirsh
Title
Chairman
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
De
Voting Board Members
26
Independent Board Members
26
Employees
3
Volunteers
8

Preparer

Firm
Vescio Family Advisors LLC
Address
2 DEPOT PLAZA SUITE 403, BEDFORD HILLS, NY 10507
Preparer
Christopher C Vescio CPA
Phone
9143589888
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Thanc financial statements were audited by pkf 0'connor davies. The organization's board of directors assumes all responsiblity for oversight of the audit of its financial statements and selection of an independent auditor.”

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IRS990/Desc0Form 990, Part III, Line 4a Program Service Accomplishments:The THANC Foundation carries out research related to head and neck and thyroid cancer; provides education for both the physicians who treat these patients as well as patients and their caregivers, and also provides patient support materials via online resources. The various programs which the organization focused on in 2024 are TIRO (Thyroid International Recommendations Online), the THANC (Thyroid, Head and Neck Cancer) Guide,and a mentoring and clinical research initiative led by a team of Research Associates under the direction of Medical Advisor Dr. Mark Urken. The research conducted within the various programs of the THANC Foundation is designed to result in studies with statistical significance regarding the effect of cancer therapies so treatments can be tailored to improve clinical outcomes for patients to enhance quality of life. As referenced above, the THANC Guide is a comprehensive website to help head and neck cancer patients and their caregivers and family members deal with the early stages following the diagnosis of head and neck cancer as well as thyroid cancer. This initial diagnosis period is typically fraught with tremendous anxiety and uncertainty. The website has been continually updated. In 2024 we continuedto add written and video content on the head and neck and thyroid cancer journey in addition to simplifying and updating the language of the website. The site currently contains many pages of expert written content in layman's terms and is used by over 70,000 unique visitors globally each month. The website also provides suggestions for how to manage the emotional and psychological aspects of a cancer diagnosis and treatment and how to talk to younger family members about these cancers and their treatments. It also contains videos of patients sharing their stories. This gives a keen awareness of the upheaval these diseases have on the family unit and provides much needed support so patients realize they are not alone and that others before them have successfully navigated this difficult journey. The website also includes information for children and teens, with stories and games to reach this younger audience. In 2020 THANC developed TIRO (Thyroid International Recommendations Online) which is a tool designed to compare and contrast trusted clinical practice guidelines in the management of thyroid cancer. Areas of concordance and discordance are highlighted. In areas where discordance exists, educational content is referenced and a weekly education session for all thyroid cancer providers was started during the first week of the COVID-19 pandemic lockdown and has continued to the present day with over 250 sessions to date. These sessions are recorded,referenced in TIRO and available to educate physicians at a time convenient to them. THANC runs awareness campaigns twice per year in which 30 stories are shared in 30 days of April (oral/head and neck cancer awareness month) and September (thyroid cancer awareness month.) These stories are shared on social media and bring new users to the resources THANC has created.In 2024, THANC co-hosted an in person film screening at Eisai Headquarters in Nutley, NJ, where film director and creator Bill Brummell shared his experience with the invasive surgical procedure a laryngetomy along with clips from the film Can You Hear My Voice which is the story of a laryngectomy choir in the UK. This inspiring film and event was an outstanding educational experience for all in attendance.Also in 2024, THANC hosted its first of what has developed into a quarterly webinar series aimed at patients and caregivers and moderated by a ChildLife expert. The first webinar focused on food and the holidays and challenges faced by those diagnosed with head and neck and thyroid cancer.One additional program THANC focused on in 2024 is called MarginView3D. This unique software and workflow program has been designed to enhance com
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