Form 990 for tax year 2022
Filed by PANCREATIC CANCER ACTION NETWORK INC.
Totals
- Total revenue
- $77,560,417
- Total expenses
- $69,713,692
- Contributions and grants received
- $65,007,979
- Grants paid
- $6,479,366
- Program service revenue
- $16,312,934
- Investment income
- -$381,186
- Other revenue
- -$3,379,310
- Total assets, end of year
- $80,600,372
- Total liabilities, end of year
- $31,779,936
- Net assets or fund balances, end of year
- $48,820,436
- Program services expenses (Part IX)
- $52,021,786
- Management and general expenses
- $11,280,298
- Fundraising expenses
- $6,411,608
- Program service expenses (Part III)
- $52,021,786
Program services were 74.6% 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.
-
1c · Fundraising events
$17,192,584
-
1f · All other contributions, gifts and grants
$47,815,395
-
1g · Noncash contributions included above
$369,976
-
2a · Program service revenue: CLINICAL RESEARCH CONTRACTS
total $16,312,934 · related or exempt $16,312,934
-
3 · Investment income
total $1,368,795 · excluded $1,368,795
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $18,760,106
-
7b · Less cost or other basis and sales expenses
securities $20,510,087
-
7c · Gain or loss
securities -$1,749,981
-
7d · Net gain or loss
total -$1,749,981 · excluded -$1,749,981
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$17,192,584
-
8b · Fundraising events: direct expenses
$3,400,433
-
8c · Net income from fundraising events
total -$3,400,433 · excluded -$3,400,433
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$49,185
-
10b · Cost of goods sold
$28,062
-
10c · Net income from sales of inventory
total $21,123 · related or exempt $21,123
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $6,479,366 · program services $6,479,366
-
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 $2,013,079 · program services $1,173,887 · management and general $520,875 · fundraising $318,317
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $21,024,986 · program services $12,260,299 · management and general $5,440,119 · fundraising $3,324,568
-
8 · Pension plan contributions
total $657,480 · program services $398,617 · management and general $150,473 · fundraising $108,390
-
9 · Other employee benefits
total $1,953,210 · program services $1,181,349 · management and general $450,688 · fundraising $321,173
-
10 · Payroll taxes
total $1,505,229 · program services $909,176 · management and general $348,901 · fundraising $247,152
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $76,616 · program services $45,970 · management and general $30,646
-
11c · Fees: accounting
total $94,213 · program services $56,528 · management and general $37,685
-
11d · Fees: lobbying
total $252,214 · program services $252,214
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $176,013 · management and general $176,013
-
11g · Fees: other
total $27,503,705 · program services $25,380,856 · management and general $993,011 · fundraising $1,129,838
-
12 · Advertising and promotion
total $1,778,503 · program services $1,492,220 · management and general $58,495 · fundraising $227,788
-
13 · Office expenses
total $366,397 · program services $229,553 · management and general $83,992 · fundraising $52,852
-
14 · Information technology
total $1,653,243 · program services $395,527 · management and general $869,171 · fundraising $388,545
-
15 · Royalties
total $0
-
16 · Occupancy
total $1,070,601 · program services $621,830 · management and general $281,609 · fundraising $167,162
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $910,517 · program services $697,570 · management and general $152,709 · fundraising $60,238
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $243,246 · program services $179,040 · management and general $37,432 · fundraising $26,774
-
23 · Insurance
total $349,510 · program services $146,300 · management and general $203,210
-
24a · Other expenses: FINANCE & PROCESSING CHARGES
total $1,437,416 · management and general $1,437,416
-
24b · Other expenses: DONOR AND AFFILIATE ENGAGEMENT
total $168,148 · program services $121,484 · management and general $7,853 · fundraising $38,811
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,737,919 · end of year $5,515,743
-
2 · Savings and temporary cash investments
beginning of year $13,890,504 · end of year $2,333,795
-
3 · Pledges and grants receivable
beginning of year $8,249,392 · end of year $22,972,929
-
4 · Accounts receivable
beginning of year $4,413,423 · end of year $9,244,571
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $40,327 · end of year $30,293
-
9 · Prepaid expenses and deferred charges
beginning of year $829,383 · end of year $3,594,841
-
10a · Land, buildings and equipment: cost or other basis
$5,840,284
-
10b · Land, buildings and equipment: accumulated depreciation
$5,506,989
-
10c · Land, buildings and equipment, net
beginning of year $501,515 · end of year $333,295
-
11 · Investments: publicly traded securities
beginning of year $29,948,473 · end of year $33,467,132
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $222,504 · end of year $3,107,773
-
17 · Accounts payable and accrued expenses
beginning of year $11,973,537 · end of year $14,184,544
-
18 · Grants payable
beginning of year $12,349,632 · end of year $13,015,778
-
19 · Deferred revenue
beginning of year $1,869,944 · end of year $1,074,901
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $774,855 · end of year $3,504,713
-
27 · Net assets without donor restrictions
beginning of year $31,481,468 · end of year $24,894,185
-
28 · Net assets with donor restrictions
beginning of year $7,384,004 · end of year $23,926,251
Mission and programs · 2022
Mission
OUR MISSION IS TO TAKE BOLD ACTION TO IMPROVE THE LIVES OF EVERYONE IMPACTED BY PANCREATIC CANCER BY ADVANCING SCIENTIFIC RESEARCH, BUILDING COMMUNITY, SHARING KNOWLEDGE, AND ADVOCATING FOR PATIENTS.
Activities or mission (Part I)
TO ADVANCE RESEARCH, SUPPORT PATIENTS, AND CREATE HOPE FOR PEOPLE WHO HAVE PANCREATIC CANCER.
-
RESEARCH - PANCAN FUNDS GROUNDBREAKING RESEARCH INITIATIVES THAT WILL TRANSFORM THE WAY PANCREATIC CANCER IS DETECTED AND TREATED. WE FUND RESEARCH GRANTS TO INDIVIDUAL INVESTIGATORS AND LARGE-SCALE, MULTI-INSTITUTIONAL CLINICAL PROJECTS THAT ARE FOCUSED ON ADVANCING NEW TREATMENTS AND EARLY DETECTION FOR PANCREATIC CANCER. WE INVESTED A RECORD $34.4 MILLION IN RESEARCH IN FISCAL YEAR 2023. RESEARCH FUNDING THAT SUPPORTED IMPORTANT RESEARCH PROJECTS AT INSTITUTIONS ACROSS THE COUNTRY, AND PANCAN'S PRECISION PROMISE ADAPTIVE CLINICAL TRIAL, EARLY DETECTION INITIATIVE, KNOW YOUR TUMOR PRECISION MEDICINE SERVICE, AND PATIENT REGISTRY. SINCE 2003 PANCAN HAS AWARDED 236 RESEARCH GRANTS TO 217 SCIENTISTS AT 78 INSTITUTIONS. PANCAN'S CUMULATIVE RESEARCH INVESTMENT IS NOW MORE THAN $208 MILLION, MAKING A SIGNIFICANT IMPACT ON THE DIAGNOSIS, TREATMENT AND CARE OF TODAY'S PATIENTS AND THOSE WHO WILL BE DIAGNOSED IN THE FUTURE.
Expenses $37,566,422 · Grants $6,479,366 · Revenue $16,334,057
-
COMMUNITY ENGAGEMENT - NEARLY 60 VOLUNTEER-LED AFFILIATES WITH MORE THAN 2,100 VOLUNTEERS RAISE AWARENESS OF PANCAN AND THE DISEASE AND EDUCATE THEIR COMMUNITIES ABOUT PANCREATIC CANCER. VOLUNTEERS HOSTED 60 PURPLESTRIDE EVENTS ACROSS THE COUNTRY THIS PAST YEAR, MORE THAN 61,000 PARTICIPANTS REGISTERED SUPPORTING SURVIVORS, FAMILIES AND FRIENDS, AS WELL AS PROVIDING EDUCATIONAL INFORMATION AT THE EVENTS. PURPLESTRIDE PARTICIPANTS RAISED MORE THAN $17 MILLION IN FISCAL YEAR 2023. WE ARE ALSO A FOUNDING MEMBER OF THE WORLD PANCREATIC CANCER COALITION, COMPRISING MORE THAN 100 PANCREATIC CANCER PATIENT ADVOCACY GROUPS FROM MORE THAN 30 COUNTRIES AND SIX CONTINENTS. THE COALITION HOSTS WORLD PANCREATIC CANCER DAY EVERY NOVEMBER TO RAISE GLOBAL AWARENESS OF THE DISEASE.
Expenses $8,686,456
-
PATIENT SERVICES - PROVIDES FREE, PERSONALIZED INFORMATION AND RESOURCES ABOUT PANCREATIC CANCER, TREATMENT OPTIONS, CLINICAL TRIALS, DIET AND NUTRITION, SPECIALISTS AND SUPPORT RESOURCES TO HELP PATIENTS, CAREGIVERS AND HEALTHCARE PROVIDERS. WE HAVE THE LARGEST, MOST UP-TO-DATE CLINICAL TRIALS DATABASE IN THE COUNTRY AND PROVIDE CONSTITUTENTS WITH PERSONALIZED SEARCHES SO THAT THEY UNDERSTAND ALL OF THEIR TREATMENT OPTIONS. OUR EXPERT PATIENT SERVICES CASE MANAGERS SHARE MORE RESOURCES AND SPEAK WITH MORE PANCREATIC CANCER PATIENTS THAN ANY OTHER ORGANIZATION IN THE WORLD. LAST YEAR ALONE, WE HAD NEARLY 60,000 INTERACTIONS WITH PANCREATIC CANCER PATIENTS AND FAMILIES.
Expenses $4,256,510
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Julie Fleshman
President & CEO/Director
- Total calculated
- $720,375
- From this org
- $658,541
- From related orgs
- $0
- Other
- $61,834
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $532,341
- Bonus
- $126,200
- Other
- $0
- Deferred
- $32,700
- Nontaxable benefits
- $29,134
- Filer's total
- $720,375
-
Sudheer DossSUDHEER DOSS
CHIEF BUSINESS OFFICER
- Total calculated
- $453,407
- From this org
- $417,839
- From related orgs
- $0
- Other
- $35,568
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $345,839
- Bonus
- $72,000
- Other
- $0
- Deferred
- $12,200
- Nontaxable benefits
- $23,368
- Filer's total
- $453,407
-
Anat Kendal
Chief Financial Officer
- Total calculated
- $386,808
- From this org
- $356,349
- From related orgs
- $0
- Other
- $30,459
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $305,405
- Bonus
- $42,000
- Other
- $8,944
- Deferred
- $12,200
- Nontaxable benefits
- $18,259
- Filer's total
- $386,808
-
Lynn MatrisianLYNN MATRISIAN
CHIEF SCIENCE OFFICER
- Total calculated
- $383,605
- From this org
- $358,162
- From related orgs
- $0
- Other
- $25,443
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $295,662
- Bonus
- $42,000
- Other
- $20,500
- Deferred
- $12,200
- Nontaxable benefits
- $13,243
- Filer's total
- $383,605
-
Jodi LipeJODI LIPE
CHIEF MARKETING AND COMMUNICAT
- Total calculated
- $365,751
- From this org
- $323,918
- From related orgs
- $0
- Other
- $41,833
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $281,918
- Bonus
- $42,000
- Other
- $0
- Deferred
- $12,200
- Nontaxable benefits
- $29,633
- Filer's total
- $365,751
-
Edwina MossettEDWINA MOSSETT
CHIEF PEOPLE OFFICER
- Total calculated
- $357,010
- From this org
- $337,272
- From related orgs
- $0
- Other
- $19,738
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $292,282
- Bonus
- $42,000
- Other
- $2,990
- Deferred
- $12,200
- Nontaxable benefits
- $7,538
- Filer's total
- $357,010
-
Lori StevensLORI STEVENS
CHIEF DEV. OFFICER thru 3/2023
- Total calculated
- $354,120
- From this org
- $316,792
- From related orgs
- $0
- Other
- $37,328
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $234,792
- Bonus
- $42,000
- Other
- $40,000
- Deferred
- $11,147
- Nontaxable benefits
- $26,181
- Filer's total
- $354,120
-
Lisa GrayLISA GRAY
SENIOR VICE PRESIDENT, DEVELOP
- Total calculated
- $322,125
- From this org
- $298,956
- From related orgs
- $0
- Other
- $23,169
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $269,556
- Bonus
- $29,400
- Other
- $0
- Deferred
- $10,606
- Nontaxable benefits
- $12,563
- Filer's total
- $322,125
-
Anne-Marie DuliegeANNE-MARIE DULIEGE
CHIEF MED. OFFICER thru 3/2022
- Total calculated
- $292,013
- From this org
- $286,092
- From related orgs
- $0
- Other
- $5,921
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $87,602
- Bonus
- $0
- Other
- $198,490
- Deferred
- $3,090
- Nontaxable benefits
- $2,831
- Filer's total
- $292,013
-
Michael Ag KorengoldMICHAEL AG KORENGOLD
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Karen Young CPAKAREN YOUNG CPA
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Marco ArgentiMARCO ARGENTI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Peter CashionPETER CASHION
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dennis CroninDENNIS CRONIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Barbara J Kenner PhDBARBARA J KENNER PHD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Hilarie Koplow-Mc AdamsHILARIE KOPLOW-MC ADAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jason KuhnJASON KUHN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Lisa KulokLISA KULOK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Craig A RogersonCRAIG A ROGERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Nancy Stagliano PhDNANCY STAGLIANO PHD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Karyn A TempleKARYN A TEMPLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Rod Williams MBAROD WILLIAMS MBA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Linda AmusoLINDA AMUSO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
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 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 5a · Pay contingent on this organization's revenues
Answered no
- 4c · Equity-based compensation arrangement
- 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
The filer's explanations (Part III)
- PART I, LINE 4A
- The following individual received a severance payment during the calendar year ended December 31, 2022: Anne-Marie Duliege $180,000
- PART I, LINE 4B
- THE FOLLOWING INDIVIDUAL PARTICIPATES IN A NON-QUALIFIED TAXABLE RETIREMENT PLAN OF THE ORGANIZATION. THE AMOUNT SHOWN REPRESENTS THE ORGANIZATION'S EMPLOYER CONTRIBUTION TO THE PLAN FOR THE YEAR ENDED JUNE 30, 2023: JULIE FLESHMAN $20,500
- part I line 5
- THE PERFORMANCE INCENTIVE PLAN REWARDS OUR VALUED TEAM MEMBERS IF CERTAIN REVENUE GOALS ARE REACHED.
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
-
$400,000
RESEARCH
-
MASSACHUSETTS GENERAL HOSPITAL
$250,000
RESEARCH
-
REGENTS OF THE UNIVERSITY OF MINNESOTA - TWIN CITI
$250,000
RESEARCH
-
$250,000
RESEARCH
-
SOUTHERN CALIFORNIA PERMANENTE MEDICAL GROUP
$225,000
RESEARCH
-
RESEARCH
-
$150,000
RESEARCH
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430789349300868
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