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Nonprofiteer
← PRECEDE FOUNDATION INC

Form 990 for tax year 2025

Filed by PRECEDE FOUNDATION INC.

Totals

Total revenue
$2,062,871
Total expenses
$1,886,658
Contributions and grants received
$1,378,810
Grants paid
$0
Program service revenue
$334,583
Investment income
$0
Other revenue
$349,478
Total assets, end of year
$749,645
Total liabilities, end of year
$14,298
Net assets or fund balances, end of year
$735,347
Program services expenses (Part IX)
$1,544,674
Management and general expenses
$76,215
Fundraising expenses
$265,769
Program service expenses (Part III)
$1,544,674

Program services were 81.9% 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

    $39,454

  • 1f · All other contributions, gifts and grants

    $1,339,356

  • 2a · Program service revenue: Program Service

    total $334,583 · related or exempt $334,583

  • 3 · Investment income

    total $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $664,892

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

    $39,454

  • 8b · Fundraising events: direct expenses

    $315,414

  • 8c · Net income from fundraising events

    total $349,478

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $205,423 · program services $154,067 · management and general $20,542 · fundraising $30,814

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $95,687 · program services $71,766 · management and general $9,569 · fundraising $14,352

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $105,081 · program services $78,811 · management and general $26,270

  • 12 · Advertising and promotion

    total $111,627 · program services $83,720 · fundraising $27,907

  • 13 · Office expenses

    total $64,950 · program services $64,950

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $55,626 · program services $55,626

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $18,576 · program services $18,576

  • 24a · Other expenses: Arbor

    total $605,407 · program services $605,407

  • 24b · Other expenses: MISCELLANEOUS

    total $198,337 · program services $178,503 · management and general $19,834

  • 24c · Other expenses: Precede Fundraiser

    total $192,696 · fundraising $192,696

  • 24d · Other expenses: Staffing

    total $133,170 · program services $133,170

  • 24e · All other expenses

    total $100,078 · program services $100,078

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $475,442 · end of year $149,665

  • 2 · Savings and temporary cash investments

    end of year $436,354

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $131,513 · end of year $161,542

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $2,084

  • 17 · Accounts payable and accrued expenses

    beginning of year $47,821 · end of year $14,298

  • 27 · Net assets without donor restrictions

    beginning of year $559,134 · end of year $735,347

Mission and programs · 2025

Mission

TO SUPPORT THE EFFORTS OF THE PANCREATIC CANCER EARLY DETECTION PROGRAM CONSORTIUM. THE CONSORTIUM IS AN INTERNATIOANL COLLABORATIVE EFFORT, CURRENTLY COMPRISED OF 35 HOSPITALS AND EDUCATIONAL INSTITUTIONS, DESIGNED TO TRANSFER THE LANDSCAPE OF PANCREATIC CANCER RISK ASSESSMENT, EARLY DETETCTION AND PREVENTION.

Activities or mission (Part I)

TO SUPPORT THE EFFORTS OF THE PANCREATIC CANCER EARLY DETECTION PROGRAM CONSORTIUM. THE CONSORTIUM IS AN INTERNATIONAL COLLABORATIVE EFFORT, CURRENTLY COMPRISED OF 35 HOSPITALS AND EDUCATIONAL INSTITUTIONS, DESIGNED TO TRANSFER THE LANDSCAPE OF PANCREATIC CANCER RISK ASSESSMENT, EARLY DETETCTION AND PREVENTION.

  • The PRECEDE Foundation supports the work being done by 65 academic medical centers around the world that are collaborating on early detection for pancreatic cancer.The Expenses associated with the program include operating a central data repository. PRECEDE Foundation contracts with an outside vendor that specializes in this activity - Arbor Research. Arbor is headquartered in Michigan and is reponsible for onboarding new medical centers, monitoring data completeness and quality,providing analytic support, managing the study IRB, and managing the data registry. Total 2025 expenses for Arbor Research were $605,407.The other major expense is for the Biospecimen repository which receives and stores blood samples for study participants who are part of industry sponsor studies seeking to validate new biomarker assays for pancreatic cancer. PRECEDE Foundation contracts with Azenta Life Sciences to function as the PRECEDE Biorespository. Total 2025 expenses for Azenta were $99,674.PRECEDE Foundation also supports the work being done at each medical center in support of the study. This includes the cost of a research coordinator at each site, the use of a genetic counselor to enroll, consent and screen participants and a data analyst to enter clinical and demographic data for each participant. Total payments to sites in 2025 were $124,170.To-Date program outcomes include:1) conducting a prospective, longitudial clinical validation study for ClearNote Health's early detection blood test - Avantect.2) working with Immunovia to design, devvelop and implement their clinical validation study for the PancreaSure test.3) working with BT Genomics/Singlera on the design of the clinical validation study for the BT Reveal Early Pancreatic Cancer test.4) we have already identified 42 cased of pancreatic ductal adenocarcinoma, 36 of which have early stage disease with an 87% 5-year survival rate. We have also detected 155 other cancers at various stages.5) we hosted an annual meeting with 175 of the principal investigators, other researchers and industry experts to exchange information, review progress, address new developments and design new areas of study to achieve the goal of early detection and a 50% survival rate for pancreatic cancer.

    Expenses $1,544,674

As filed on the 2025 return.

Listed in Part VII

  • Debbie Brandel

    COO

    Total calculated
    $176,100
    From this org
    $176,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,100
    Bonus
    $10,000
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $176,100
  • Ron Horvat

    Former CEO

    Total calculated
    $95,184
    From this org
    $95,184
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Margaret Caspler

    President & CEO

    Total calculated
    $29,323
    From this org
    $29,323
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Jamie Brickell

    Chairman

    Total calculated
    $0
    Hours/week
    1
  • Victoria Manax

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Lyle Jackson

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Doug Frankel

    Vice Chairman

    Total calculated
    $0
    Hours/week
    1
  • Michael Gershenson

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Alexander Elawadi

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Tracy Chen

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Kelly Feehan

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Brad Fomon

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Paul Kurywchak

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Mike Martinson

    Board Memebr

    Total calculated
    $0
    Hours/week
    1
  • Mike Nall

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Kiran Chapman

    Board Member

    Total calculated
    $0
    Hours/week
    1

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
14 September 2026
IRS schema version
2025v4.1
Source object
202612579349301011

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