Civic Intelligence

Cancer Research Foundation -

EIN 81-2771469 • 501(c)3 • Chicago, IL

Profile

The cancer research foundation mission is to raise funds to fund both early-career cancer scientists and new directions in cancer science research with the goal of contributing to transformational events in the prevention, treatment and cure for cancer.

6200 N Hiawatha Ave 640Chicago, IL 60646

www.cancerresearchfdn.org

Siviq Scores

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

Liabilities / Assets

65th percentile

0.18x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.15x

Higher debt load relative to revenue than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

19th percentile

-13%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

52nd percentile

$63,000

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

21st percentile

-6.6%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

41st percentile

2.1%

Faster revenue growth than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,279,229

Down $90,107 (-6.6%) from 2024

Liabilities

Up

$231,079

Up $104,731 (+83%) from 2024

Net Assets

Down

$1,048,150

Down $194,838 (-16%) from 2024

Revenue

Up

$1,547,723

Up $31,989 (+2.1%) from 2024

Expenses

Up

$1,742,561

Up $65,984 (+3.9%) from 2024

Net Income

Down

-$194,838

Down $33,995 (-21%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2017: $18,591Liabilities 2017: $3,062Net Assets 2017: $15,5292017Assets 2018: $6,327Liabilities 2018: $35,744Net Assets 2018: -$29,4172018Assets 2019: $9,963Liabilities 2019: $29,870Net Assets 2019: -$19,9072019Assets 2020: $86,438Liabilities 2020: $52,916Net Assets 2020: $33,5222020Assets 2021: $69,720Liabilities 2021: $54,516Net Assets 2021: $15,2042021Assets 2022: $1,355,696Liabilities 2022: $81,555Net Assets 2022: $1,274,1412022Assets 2023: $1,498,051Liabilities 2023: $94,220Net Assets 2023: $1,403,8312023Assets 2024: $1,369,336Liabilities 2024: $126,348Net Assets 2024: $1,242,9882024Assets 2025: $1,279,229Liabilities 2025: $231,079Net Assets 2025: $1,048,1502025

Highlighted filing

2025

Assets$1,279,229
Liabilities$231,079
Net Assets$1,048,150

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2017: $153,430Expenses 2017: $137,901Net Income 2017: $15,5292017Revenue 2018: $237,845Expenses 2018: $282,791Net Income 2018: -$44,9462018Revenue 2019: $287,847Expenses 2019: $278,337Net Income 2019: $9,5102019Revenue 2020: $250,145Expenses 2020: $196,718Net Income 2020: $53,4272020Revenue 2021: $274,798Expenses 2021: $293,116Net Income 2021: -$18,3182021Revenue 2022: $1,698,906Expenses 2022: $439,969Net Income 2022: $1,258,9372022Revenue 2023: $1,392,032Expenses 2023: $1,262,342Net Income 2023: $129,6902023Revenue 2024: $1,515,734Expenses 2024: $1,676,577Net Income 2024: -$160,8432024Revenue 2025: $1,547,723Expenses 2025: $1,742,561Net Income 2025: -$194,8382025

Highlighted filing

2025

Revenue$1,547,723
Expenses$1,742,561
Net Income-$194,838

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Dec 10, 2025
Return Version
2024v5.2
Gross Receipts
$2,253,603
Mission and Program Overview

Mission

Funding cancer research to find a cure

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$900,000$835,108▼ $64,892
Cash and Non-Interest-Bearing Accounts$426,836$407,177▼ $19,659
Prepaid Expenses and Deferred Charges$15,000$20,375▲ $5,375
Pledges and Grants Receivable$27,500$13,600▼ $13,900
Accounts Receivable-$2,969-
Total Assets$1,369,336$1,279,229▼ $90,107
Liabilities
Grants Payable$50,000$130,000▲ $80,000
Deferred Revenue$50,750$71,305▲ $20,555
Other Liabilities$11,338$16,447▲ $5,109
Accounts Payable and Accrued Expenses$14,260$13,327▼ $933
Total Liabilities$126,348$231,079▲ $104,731
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,215,488$1,033,375▼ $182,113
Net Assets With Donor Restrictions$27,500$14,775▼ $12,725
Total Net Assets Fund Balance$1,242,988$1,048,150▼ $194,838
Total Liabilities and Net Assets / Fund Balance$1,369,336$1,279,229▼ $90,107
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mrs a NikitasChairman/ Program DirectorPT$63,000$63,000

Board Members and Trustees

NameTitle
Mr M LockePresident
Mr D KinnearDirector
Mrs B SessionsDirector
Mrs E AdamsDirector
Mrs L McleanDirector
Ms E MurphyDirector
Mrs T CoxDirector (through Feb 2025)
Mrs L SchenkmanSecretary
Mrt NoardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,963,430
Program Service Revenue
$0
Investment Income
$39,818
Other Revenue
$-455,525
All Other Contributions
$402,193
Change in Net Assets
$-194,838

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 Traded12$214,678-
Other Non Cash Contri Table19$50,634Comparison to Sold I
Other Non Cash Contri Table5$45,900Comparison to Sold I
Other Non Cash Contri Table20$18,349Comparison to Sold I
Other Non Cash Contri Table7$18,100Comparison to Sold I
Other Non Cash Contri Table29$12,533Comparison to Sold I
Other Non Cash Contri Table61$10,151Comparison to Sold I
Clothing and Household Goods-$7,787-
Total Noncash Contributions153$378,132-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,205,000
Salaries, Compensation, and Employee Benefits$396,316
Other Expenses$141,245
Total Fundraising Expense$112,163
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,205,000--$1,205,000
Other Salaries and Wages$199,989$28,570$57,140$285,699
Current Officers, Directors, Trustees, and Key Employees$44,100$6,300$12,600$63,000
Fees for Services Legal$27,618$9,739$4,869$42,226
Payroll Taxes$27,715$3,960$7,918$39,593
Occupancy$4,946$12,366$7,419$24,731
Conferences and Meetings$10,914$2,728-$13,642
Office Expenses$5,260$2,771$5,120$13,151
Other Expenses$4,176$2,506$1,671$8,353
Other Employee Benefits$5,617$802$1,605$8,024
Advertising$6,396-$1,599$7,995
Fees for Services Accounting$6,467--$6,467
Insurance$147$118$29$294
Total Functional Expenses$1,548,345$82,053$112,163$1,742,561
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of ChicagoChicago, IL501(c)(3)To Fund Research in Emerging Cancer Therapies/cures$1,205,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$479,896
Gaming Gross Income$24,000
Fundraising Gross Income$300
Gaming Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
The Breakthrough Ball Gala$1,529,331$300$196,912$-196,612
Total Events$1,529,331$300$479,896$-479,596
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$16,447
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There is the governing body, which has documented its meetings. There is also an audit committee, which however, had no recorded minutes.

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

A copy of the 990 was completed by the accountant and submitted to the governing body for questions and comments prior to filing.

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

The board of directors used comparability data in deciding and approving the salary of the chairman/program director.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are available upon request by contacting the organization.

Filing and Contact Details

Filer

Filer Name
Cancer Research Foundation -
EIN
81-2771469
Phone
3125586600
Address
6200 N HIAWATHA AVE 640, CHICAGO, IL 60646

Signing Officer

Name
Alexandra Nikitas
Title
CEO
Phone
8479514159
Signed
2025-12-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alexandra Nikitas
Formed
2016
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
8
Employees
4
Volunteers
30

Preparer

Firm
Warady & Davis Llp
Address
1717 DEERFIELD RD SUITE 300S, DEERFIELD, IL 60015
Preparer
Henry Nutkevitch
Phone
8472679600
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process has not changed from the prior year.

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IRS990/OtherExpensesGrp/TotalAmt024386
IRS990/OtherExpensesGrp/TotalAmt18353
IRS990/OtherLiabilitiesGrp/BOYAmt011338
IRS990/OtherLiabilitiesGrp/EOYAmt016447
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt071
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt071
IRS990/OtherRevenueTotalAmt071
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt057140
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt028570
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0199989
IRS990/OtherSalariesAndWagesGrp/TotalAmt0285699
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07918
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03960
IRS990/PayrollTaxesGrp/ProgramServicesAmt027715
IRS990/PayrollTaxesGrp/TotalAmt039593
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt027500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt013600
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020375
IRS990/PrincipalOfficerNm0ALEXANDRA NIKITAS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01614579
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01239650
IRS990/PYInvestmentIncomeAmt0630
IRS990/PYOtherExpensesAmt0164966
IRS990/PYOtherRevenueAmt0-99475
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-160843
IRS990/PYSalariesCompEmpBnftPaidAmt0271961
IRS990/PYTotalExpensesAmt01676577
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01515734
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-194838
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0900000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0835108
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0132087
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt083527
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0215614
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01963430
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01614579
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01377431
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0883247
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0274798
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06113485
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt038081
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt038081
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt024300
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0189895
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0434872
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0901867
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01550934
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt038081
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt038081
IRS990ScheduleA/InvestmentIncomeCYPct00.00490
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt071
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt065
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0136
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96700
IRS990ScheduleA/PublicSupportPY509Pct00.98590
IRS990ScheduleA/PublicSupportTotal509Amt07448805
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0132087
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt083527
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0215614
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01987730
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01804474
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01812303
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01785114
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0274798
IRS990ScheduleA/Total509Grp/TotalAmt07664419
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02025882
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01804539
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01812303
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01785114
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0274798
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07702636
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016447
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt016447
IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt01529031
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt01529031
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0479896
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt011315
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt011315
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0THE BREAKTHROUGH BALL GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0146807
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0146807
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt01529331
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt01529331
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0300
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-479596
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0196912
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0196912
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0124862
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0124862
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt024000
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt024000
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt024000
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd00
IRS990ScheduleG/GamingWithNonmembersInd00
IRS990ScheduleG/LicensedInd00
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01205000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO FUND RESEARCH IN EMERGING CANCER THERAPIES/CURES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UNIVERSITY OF CHICAGO
IRS990ScheduleI/RecipientTable/RecipientEIN0362177139
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05841 S MARYLAND AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060637
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION RECORDS ALL GRANTS DISPERSED AND HAS SUPPORTING DOCUMENTATION FROM THE PARTIES RECEIVING THE GRANTS. ORGANIZATION'S BOARD OF DIRECTORS DISCUSSES AND MEETS WITH SPECIALISTS TO DETERMINE WHICH RESEARCHER WILL RECEIVE GRANTS. AFTER THE GRANTS, THE ORGANIZATION FOLLOWS THE PROGRESS OF THE RESEARCH CONTINUOUSLY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:

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