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Nonprofiteer
← EXPECT MIRACLES FOUNDATION

Form 990 for tax year 2023

Filed by EXPECT MIRACLES FOUNDATION.

Totals

Total revenue
$3,172,873
Total expenses
$3,474,407
Contributions and grants received
$3,842,443
Grants paid
$1,809,849
Program service revenue
$0
Investment income
$7,822
Other revenue
-$677,392
Total assets, end of year
$1,133,707
Total liabilities, end of year
$597,282
Net assets or fund balances, end of year
$536,425
Program services expenses (Part IX)
$2,275,353
Management and general expenses
$374,697
Fundraising expenses
$824,357
Program service expenses (Part III)
$2,275,353

Program services were 65.5% 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

    $3,127,376

  • 1f · All other contributions, gifts and grants

    $715,067

  • 1g · Noncash contributions included above

    $154,531

  • 3 · Investment income

    total $7,822 · excluded $7,822

  • 8a · Fundraising events: gross income

    $238,790

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

    $3,127,376

  • 8b · Fundraising events: direct expenses

    $919,257

  • 8c · Net income from fundraising events

    total -$680,467 · excluded -$680,467

  • 11a · Other revenue: OTHER REVENUE

    total $3,075 · excluded $3,075

  • 11e · Other revenue, total

    $3,075

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,400,000 · program services $1,400,000

  • 2 · Grants to domestic individuals

    total $409,849 · program services $409,849

  • 5 · Compensation of officers, directors and key employees

    total $345,268 · program services $58,696 · management and general $120,843 · fundraising $165,729

  • 7 · Other salaries and wages

    total $839,534 · program services $271,236 · management and general $114,109 · fundraising $454,189

  • 8 · Pension plan contributions

    total $25,904 · program services $8,139 · management and general $3,842 · fundraising $13,923

  • 9 · Other employee benefits

    total $59,037 · program services $18,515 · management and general $8,805 · fundraising $31,717

  • 10 · Payroll taxes

    total $97,566 · program services $27,400 · management and general $19,025 · fundraising $51,141

  • 11b · Fees: legal

    total $2,100 · management and general $2,100

  • 11c · Fees: accounting

    total $56,705 · management and general $56,705

  • 11f · Fees: investment management

    total $1,927 · management and general $1,927

  • 12 · Advertising and promotion

    total $24,930 · management and general $2,716 · fundraising $22,214

  • 13 · Office expenses

    total $70,564 · program services $29,344 · management and general $25,295 · fundraising $15,925

  • 16 · Occupancy

    total $55,433 · program services $51,226 · management and general $4,207

  • 17 · Travel

    total $1,951 · program services $948 · fundraising $1,003

  • 23 · Insurance

    total $7,169 · management and general $7,169

  • 24a · Other expenses: CREDIT CARD FEES

    total $66,206 · management and general $5 · fundraising $66,201

  • 24b · Other expenses: MISC

    total $9,613 · management and general $7,363 · fundraising $2,250

  • 24c · Other expenses: TAXES & LICENSES

    total $651 · management and general $586 · fundraising $65

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $275,198 · end of year $270,738

  • 2 · Savings and temporary cash investments

    beginning of year $903 · end of year $915

  • 3 · Pledges and grants receivable

    beginning of year $345,070 · end of year $65,393

  • 4 · Accounts receivable

    beginning of year $124,621 · end of year $18,710

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,424 · end of year $10,549

  • 11 · Investments: publicly traded securities

    beginning of year $669,807 · end of year $573,003

  • 12 · Investments: other securities

    end of year $168,960

  • 15 · Other assets

    beginning of year $75,089 · end of year $25,439

  • 17 · Accounts payable and accrued expenses

    beginning of year $29,084 · end of year $121,695

  • 18 · Grants payable

    beginning of year $450,000 · end of year $350,000

  • 19 · Deferred revenue

    beginning of year $175,250 · end of year $100,000

  • 25 · Other liabilities

    beginning of year $75,531 · end of year $25,587

  • 27 · Net assets without donor restrictions

    beginning of year -$266,155 · end of year -$474,734

  • 28 · Net assets with donor restrictions

    beginning of year $1,035,402 · end of year $1,011,159

Mission and programs · 2023

Mission

EXPECT MIRACLES FOUNDATION RALLIES THE FINANCIAL SERVICES INDUSTRY AND BYEOND TO INVEST IN LIFE-SAVING CANCER RESEARCH WHILE ADVANCING THE FINANCIAL AND EMOTIONAL HEALTH OF PEOPLE IMPACTED BY CANCER. WE ARE A 501(C)(3) PUBLIC CHARITY.

Activities or mission (Part I)

EXPECT MIRACLES FOUNDATION RALLIES THE FINANCIAL SERVICES INDUSTRY AND BEYOND TO INVEST IN LIFE-SAVING CANCER RESEARCH WHILE ADVANCING THE FINANCIAL AND EMOTIONAL HEALTH OF PEOPLE IMPACTED BY CANCER. WE ARE A 501(C)(3) PUBLIC CHARITY.

  • DANA-FARBER CANCER INSTITUTE: EXPECT MIRACLES FOUNDATION IS A MAJOR SUPPORTER OF THE HEART OF DANA-FARBER CANCER INSTITUTE'S REVOLUTIONARY RESEARCH AND DEVELOPMENT MODEL, THE ROBERT AND RENE BELFER CENTER FOR APPLIED CANCER SCIENCE. THE BELFER CENTER ADDRESSES KEY CHALLENGES IN CANCER TREATMENTS BY LEVERAGING DFCI DISCOVERIES AND APPLYING THEM TO DRUG DISCOVERY AND DEVELOPMENT. THE BELFER CENTER IS FOCUSED ON IDENTIFYING STRATEGIES TO OVERCOME RESISTANCE TO EXISTING TREATMENTS. USING A COLLABORATIVE RESEARCH APPROACH THAT BRINGS TOGETHER RESOURCES FROM ACADEMIA AND THE BIOMEDICAL INDUSTRY, THE BELFER CENTER IS LEADING THE WAY IN TRANSLATING TODAY'S SCIENCE INTO TOMORROW'S TARGETED THERAPIES MORE QUICKLY THAN EVER, BRINGING NEW HOPE TO CANCER PATIENTS.

    Expenses $1,000,000 · Grants $1,000,000

  • MEMORIAL SLOAN KETTERING CANCER CENTER: EXPECT MIRACLES FOUNDATION SUPPORTS THE GROUNDBREAKING RESEARCH AT MEMORIAL SLOAN KETTERING CANCER CENTER'S CENTER FOR EXPERIMENTAL THERAPEUTICS, A CRITICAL RESEARCH COLLABORATIVE WITH THE MISSION OF HASTENING THE TIME IT TAKES TO GET NEW, MORE EFFECTIVE AND LESS TOXIC THERAPIES TO CANCER PATIENTS. SPECIFICALLY, WE SUPPORT THE REVOLUTIONARY WORK OF THE HELLER LAB, LED BY DANIEL HELLER, PHD, WHICH IS FOCUSED ON UTILIZING NANOMEDICINE TO SOLVE THE PARADOX OF METASTATIC CANCER, WHICH ACCOUNTS FOR 90% OF CANCER DEATHS.

    Expenses $400,000 · Grants $400,000

  • SAMFUND GRANTS CANCER ISN'T FREE, ESPECIALLY IF YOU'RE A YOUNG ADULT JUST STARTING OUT. THAT IS WHY WE ARE PROUD TO PROVIDE FINANCIAL ASSISTANCE TO YOUNG ADULT CANCER SURVIVORS TO HELP WITH EVERYDAY LIVING EXPENSES, LIKE RENT, MORTGAGE, CAR PAYMENTS, DENTAL, RECONSTRUCTIVE SURGERY, CONTINUING EDUCATION, AND FAMILY BUILDING EXPENSES, SUCH AS FERTILITY STORAGE, IVF, SURROGACY, AND ADOPTION. OUR SAMFUND GRANTS ACT AS A LIFELINE FOR YOUNG ADULTS WHO ARE EXTREMELY VULNERABLE TO THE FINANCIAL TOXICITY CAUSED BY A CANCER DIAGNOSIS.

    Expenses $409,849 · Grants $409,849

  • OTHER CANCER RESEARCH ORGANIZATIONS

    Expenses $465,504

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • FRANK HEAVEY

    EXECUTIVE DIRECTOR

    Total calculated
    $345,268
    From this org
    $320,000
    From related orgs
    $0
    Other
    $25,268
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $320,000
    Bonus
    $0
    Other
    $0
    Deferred
    $7,800
    Nontaxable benefits
    $17,468
    Filer's total
    $345,268

  • ANN MANION

    MANAGING DIRECTOR

    Total calculated
    $158,500
    From this org
    $155,000
    From related orgs
    $0
    Other
    $3,500
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,000
    Bonus
    $0
    Other
    $0
    Deferred
    $3,500
    Nontaxable benefits
    $0
    Filer's total
    $158,500

  • FRANK STRAUSS

    PRESIDENT/CHAIR

    Total calculated
    $0
    Hours/week
    2

  • GARY ENOS

    VICE PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CHRIS KOWILCIK

    TREASURER/DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CHRISTINE GILL

    CLERK/DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SANDY BOLTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CHRISTINE CHIGOUNIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL COLLINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ANNE DUDUCH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ROBERT EATON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • AMY FISCHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MARGARET FLYNN-MARTIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LEX FRIEDMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KAELA GIBBONS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JENNIFER GOTTLIEB

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MATT GOULET

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CLINT HARRIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • THOM JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MIKE KEENAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JOHN LUNNY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JANE MANCINI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • STEVE MARGOLIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DAVID MARTOCCI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ANDY MCFETRIDGE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL MCKEIGUE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SHERRY MORELAND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TODD MOYER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JON PARISI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KRISTEN PICKENS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LEAH RITCHIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DAVID ROSEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BRIAN SHLISSEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TRACI SIMPSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MIKE SMALL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LUCI STRAUSS-GARREN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MARTY SULLIVAN

    DIRECTOR

    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

  • 2 · Substantiation required before reimbursing expenses

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

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v5.1
Source object
202413199349305711

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