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Nonprofiteer
← MORGAN ADAMS FOUNDATION

Form 990 for tax year 2022

Filed by MORGAN ADAMS FOUNDATION.

Totals

Total revenue
$1,963,660
Total expenses
$1,808,203
Contributions and grants received
$1,731,172
Grants paid
$977,183
Program service revenue
$0
Investment income
$1,031
Other revenue
$231,457
Total assets, end of year
$772,543
Total liabilities, end of year
$103,733
Net assets or fund balances, end of year
$668,810
Program services expenses (Part IX)
$1,270,221
Management and general expenses
$199,320
Fundraising expenses
$338,662
Program service expenses (Part III)
$1,270,221

Program services were 70.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $972,094

  • 1f · All other contributions, gifts and grants

    $759,078

  • 1g · Noncash contributions included above

    $75,000

  • 3 · Investment income

    total $1,031 · excluded $1,031

  • 8a · Fundraising events: gross income

    $541,201

  • 8a · Fundraising events: contributions included on line 1c

    $972,094

  • 8b · Fundraising events: direct expenses

    $311,064

  • 8c · Net income from fundraising events

    total $230,137

  • 11a · Other revenue: OTHER

    total $1,320 · excluded $1,320

  • 11e · Other revenue, total

    $1,320

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $977,183 · program services $977,183

  • 7 · Other salaries and wages

    total $440,954 · program services $162,856 · management and general $100,952 · fundraising $177,146

  • 9 · Other employee benefits

    total $23,172 · program services $8,558 · management and general $5,305 · fundraising $9,309

  • 10 · Payroll taxes

    total $33,213 · program services $12,266 · management and general $7,604 · fundraising $13,343

  • 11b · Fees: legal

    total $926 · program services $926

  • 11c · Fees: accounting

    total $16,521 · program services $1,440 · management and general $15,081

  • 11g · Fees: other

    total $64,480 · program services $9,251 · management and general $40,280 · fundraising $14,949

  • 12 · Advertising and promotion

    total $5,632 · program services $154 · management and general $178 · fundraising $5,300

  • 13 · Office expenses

    total $34,761 · program services $11,420 · management and general $3,665 · fundraising $19,676

  • 14 · Information technology

    total $3,307 · program services $2,349 · management and general $167 · fundraising $791

  • 16 · Occupancy

    total $47,749 · program services $14,499 · management and general $8,988 · fundraising $24,262

  • 17 · Travel

    total $38,483 · program services $27,901 · management and general $651 · fundraising $9,931

  • 22 · Depreciation, depletion and amortization

    total $12,161 · program services $4,491 · management and general $2,784 · fundraising $4,886

  • 23 · Insurance

    total $10,831 · program services $4,753 · management and general $2,203 · fundraising $3,875

  • 24a · Other expenses: NEWSLETTER, PRINTING

    total $37,886 · program services $11,375 · management and general $131 · fundraising $26,380

  • 24b · Other expenses: RESEARCH AND DEVELOPMENT

    total $23,619 · program services $14,252 · fundraising $9,367

  • 24c · Other expenses: MISCELLANEOUS

    total $21,309 · program services $1,778 · management and general $11,211 · fundraising $8,320

  • 24d · Other expenses: DONOR & VOLUNTEER

    total $14,466 · program services $3,219 · management and general $120 · fundraising $11,127

  • 24e · All other expenses

    total $1,550 · program services $1,550

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $270,413 · end of year $331,834

  • 2 · Savings and temporary cash investments

    beginning of year $58,303

  • 3 · Pledges and grants receivable

    beginning of year $16,946 · end of year $8,721

  • 8 · Inventories for sale or use

    beginning of year $4,393 · end of year $2,843

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,750

  • 10a · Land, buildings and equipment: cost or other basis

    $119,429

  • 10b · Land, buildings and equipment: accumulated depreciation

    $92,565

  • 10c · Land, buildings and equipment, net

    beginning of year $24,671 · end of year $26,864

  • 11 · Investments: publicly traded securities

    beginning of year $156,992 · end of year $183,023

  • 12 · Investments: other securities

    beginning of year $65,701 · end of year $57,819

  • 15 · Other assets

    end of year $161,439

  • 17 · Accounts payable and accrued expenses

    beginning of year $24,554 · end of year $13,137

  • 18 · Grants payable

    beginning of year $25,000

  • 19 · Deferred revenue

    beginning of year $13,700 · end of year $3,000

  • 21 · Escrow or custodial account liability

    beginning of year $1,303 · end of year $1,303

  • 25 · Other liabilities

    beginning of year $3,999 · end of year $86,293

  • 27 · Net assets without donor restrictions

    beginning of year $397,631 · end of year $668,810

  • 28 · Net assets with donor restrictions

    beginning of year $132,982

Mission and programs · 2022

Mission

TO FUND CRITICALLY NEEDED PEDIATRIC ONCOLOGY RESEARCH

  • THROUGH CAREFUL CONSIDERATION AND PLACEMENT OF OUR FUNDING, WE ENCOURAGED AND SUPPORTED RESEARCH INTENDED TO IMPROVE TREATMENT EFFECTIVENESS, IMPROVE TREATMENT OUTCOMES, AND IMPROVE THE QUALITY OF LIFE FOR CHILDREN BATTLING CANCER.

    Expenses $977,183 · Grants $977,183

  • THE MORGAN ADAMS FOUNDATION IS AN ONGOING RESOURCE FOR INFORMATION ON CHILDHOOD, ADOLESCENT AND YOUNG ADULT CANCERS, THEIR CURRENT TREATMENTS AND THE NEED FOR ONGOING NEW TREATMENT DEVELOPMENT. THROUGH OUR ONGOING EFFORTS, MAF BUILDS COMMUNITY AWARENESS OF THE NEED TO SUPPORT CHILDHOOD CANCER RESEARCH, AS WELL AS OF THE NEED TO ENSURE THAT THE CHILDREN AFFECTED BY THIS DISEASE HAVE THE BEST POSSIBLE TREATMENT OPTIONS MADE AVAILABLE TO THEM. MAF HOSTS EDUCATIONAL EVENTS FOR THE PUBLIC THROUGHOUT THE YEAR.

    Expenses $293,038

As filed on the 2022 return.

Listed in Part VII

  • Joan Slaughter

    EXE DIR & CO

    Total calculated
    $93,333
    From this org
    $93,333
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • John Dudasch

    CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Jeff McPherson

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Dan Kelly

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Bari Dejaynes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jesse Russell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Sherin Sakr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Janelle Aune

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Arthur Liu MD

    DIR, MED ADV

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • RADFLIX LLC

    THERAPY · CO

    Directly controlled by THE MORGAN ADAMS FOUNDATION

Provenance

Return type
form_990
Tax year
2022
Filed
23 October 2023
IRS schema version
2022v5.0
Source object
202303129349301810

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