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Nonprofiteer
← PHASE ONE

Form 990 for tax year 2024

Filed by PHASE ONE.

Totals

Total revenue
$2,199,786
Total expenses
$1,746,994
Contributions and grants received
$1,727,293
Grants paid
$971,172
Program service revenue
$0
Investment income
$472,493
Other revenue
$0
Total assets, end of year
$6,134,678
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$6,134,678
Program services expenses (Part IX)
$971,172
Management and general expenses
$278,660
Fundraising expenses
$497,162
Program service expenses (Part III)
$971,172

Program services were 55.6% 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.

  • 1f · All other contributions, gifts and grants

    $1,727,293

  • 1g · Noncash contributions included above

    $38,705

  • 3 · Investment income

    total $186,156 · excluded $186,156

  • 7a · Gross sales of assets other than inventory

    securities $1,513,756

  • 7b · Less cost or other basis and sales expenses

    securities $1,227,419

  • 7c · Gain or loss

    securities $286,337

  • 7d · Net gain or loss

    total $286,337 · excluded $286,337

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $971,172 · program services $971,172

  • 7 · Other salaries and wages

    total $225,151 · management and general $168,863 · fundraising $56,288

  • 9 · Other employee benefits

    total $20,165 · management and general $15,124 · fundraising $5,041

  • 10 · Payroll taxes

    total $19,124 · management and general $14,343 · fundraising $4,781

  • 11b · Fees: legal

    total $175 · management and general $175

  • 11c · Fees: accounting

    total $19,620 · management and general $19,620

  • 11f · Fees: investment management

    total $31,709 · management and general $31,709

  • 13 · Office expenses

    total $10,845 · management and general $8,882 · fundraising $1,963

  • 14 · Information technology

    total $24,071 · management and general $4,731 · fundraising $19,340

  • 16 · Occupancy

    total $14,907 · management and general $11,180 · fundraising $3,727

  • 23 · Insurance

    total $4,033 · management and general $4,033

  • 24a · Other expenses: FUNDRAISING COSTS

    total $406,022 · fundraising $406,022

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $217,633 · end of year $201,579

  • 2 · Savings and temporary cash investments

    beginning of year $97,058 · end of year $95,047

  • 11 · Investments: publicly traded securities

    beginning of year $5,409,451 · end of year $5,838,052

  • 27 · Net assets without donor restrictions

    beginning of year $5,724,142 · end of year $6,134,678

Mission and programs · 2024

Mission

TO PROVIDE SUPPORT TO PHASE 1 CLINICAL RESEARCH & TREATMENT PROGRAMS FOR THE CANCER THERAPY.

Activities or mission (Part I)

TO PROVIDE SUPPORT TO PHASE 1 CLINICAL RESEARCH AND TREATMENT PROGRAMS.

  • THE PHASE 1 PROGRAM PROVIDES SUPPORT TO CLINICAL RESEARCH & TREATMENT PROGRAMS AT VARIOUS RESEARCH CENTERS IN THE SOUTHERN CALIFORNIA AREA.

    Expenses $971,172 · Grants $971,172

As filed on the 2024 return.

Listed in Part VII

  • Alberto Valner

    PRESIDENT/CEO

    Total calculated
    $0
    Hours/week
    10

  • Amanda Salvado

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Bradley Meadow

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    10

  • Brooke Lande

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Cayli Cavaco Reck

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Jon Gimbel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Jordan R Bernstein

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    10

  • Julie Block

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Leanna Creel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Linda Toth

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Lisa Woods

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Marc Lebowitz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Mark Freeman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Mieke Neumann

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Robert White

    TREASURER

    Total calculated
    $0
    Hours/week
    10

  • Stacy Valner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Rebecca Cocco

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Cindy Ruby

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Paula Selesnick

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

  • Nicole Blank

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

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

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202533219349312838

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