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Nonprofiteer
← ALLIANCE FOR CANCER GENE THERAPY INC

Form 990 for tax year 2022

Filed by ALLIANCE FOR CANCER GENE THERAPY INC.

Totals

Total revenue
$3,231,770
Total expenses
$2,498,579
Contributions and grants received
$2,202,186
Grants paid
$1,735,344
Program service revenue
$196,753
Investment income
$435,133
Other revenue
$397,698
Total assets, end of year
$7,929,383
Total liabilities, end of year
$1,674,066
Net assets or fund balances, end of year
$6,255,317
Program services expenses (Part IX)
$2,368,391
Management and general expenses
$47,809
Fundraising expenses
$82,379
Program service expenses (Part III)
$2,368,391

Program services were 94.8% 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.

  • 1a · Federated campaigns

    $16,983

  • 1f · All other contributions, gifts and grants

    $2,185,203

  • 2f · All other program service revenue

    total $196,753 · related or exempt $196,753

  • 3 · Investment income

    total $134,870 · excluded $134,870

  • 5 · Royalties

    total $395,629 · related or exempt $395,629

  • 7a · Gross sales of assets other than inventory

    securities $650,608

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

    securities $350,345

  • 7c · Gain or loss

    securities $300,263

  • 7d · Net gain or loss

    total $300,263 · excluded $300,263

  • 11a · Other revenue: RETURNED GRANT MONEY

    total $2,069 · related or exempt $2,069

  • 11e · Other revenue, total

    $2,069

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,735,344 · program services $1,735,344

  • 5 · Compensation of officers, directors and key employees

    total $267,581 · program services $267,581

  • 7 · Other salaries and wages

    total $124,123 · program services $124,123

  • 8 · Pension plan contributions

    total $3,673 · program services $3,673

  • 9 · Other employee benefits

    total $10,315 · program services $10,315

  • 10 · Payroll taxes

    total $10,991 · program services $10,991

  • 11b · Fees: legal

    total $41,648 · program services $31,236 · management and general $10,412

  • 11g · Fees: other

    total $45,988 · program services $20,051 · management and general $18,550 · fundraising $7,387

  • 12 · Advertising and promotion

    total $27,028 · program services $18,637 · fundraising $8,391

  • 13 · Office expenses

    total $18,195 · program services $5,459 · fundraising $12,736

  • 14 · Information technology

    total $74,258 · program services $35,548 · management and general $6,368 · fundraising $32,342

  • 17 · Travel

    total $33,574 · program services $23,837 · fundraising $9,737

  • 19 · Conferences, conventions and meetings

    total $75,855 · program services $75,855

  • 24a · Other expenses: MISCELLANEOUS

    total $30,006 · program services $5,741 · management and general $12,479 · fundraising $11,786

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $329,616 · end of year $682,694

  • 2 · Savings and temporary cash investments

    beginning of year $2,731,260 · end of year $1,852,321

  • 3 · Pledges and grants receivable

    beginning of year $13,771 · end of year $16,000

  • 4 · Accounts receivable

    beginning of year $62 · end of year $50

  • 9 · Prepaid expenses and deferred charges

    beginning of year $115,176 · end of year $40,461

  • 11 · Investments: publicly traded securities

    beginning of year $3,828,652 · end of year $5,337,857

  • 17 · Accounts payable and accrued expenses

    beginning of year $41,923 · end of year $23,143

  • 18 · Grants payable

    beginning of year $1,199,610 · end of year $1,650,923

  • 27 · Net assets without donor restrictions

    beginning of year $3,541,227 · end of year $4,020,483

  • 28 · Net assets with donor restrictions

    beginning of year $2,235,777 · end of year $2,234,834

Mission and programs · 2022

Mission

OUR MISSION IS SIMPLE--DRIVE BREAKTHROUGH CELL AND GENE RESEARCH TO DEVELOP LIVING MEDICINES THAT LEVERAGE THE BODY'S IMMUNE SYSTEM TO DEFEAT CANCER THROUGH INNOVATIVE RESEARCH AND PROGRAMS THAT EMPOWER THE LEADING SCIENTIFIC MINDS. (CONTINUED ON SCHEDULE O)(CONTINUED)THE ALLIANCE IS UNIQUELY POSITIONED TO TRANSFORM CANCER TREATMENTS TODAY WHILE BRINGING THE WORLD CLOSER TO A CURE FOR ALL CANCERS TOMORROW.

Activities or mission (Part I)

ALLIANCE FOR CANCER GENE THERAPY FUNDS INNOVATIVE SCIENTISTS WORKING TO(CONTINUED ON SCHEDULE O)(CONTINUED)HARNESS THE POWER OF CELL AND GENE THERAPY TO TRANSFORM HOW CANCER IS TREATED AND DRIVE MOMENTUM TOWARDS A CURE.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $2,368,391 · Grants $1,735,344

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Barbara Netter

    HONORARY CHAIRMAN

    Total calculated
    $0
    Hours/week
    6

  • Kevin Honeycutt

    PRESIDENT, CEO & DIRECTOR

    Total calculated
    $0
    Hours/week
    40

  • Gbola Amusamd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Teresa Burgess PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Daniel Englander

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Maria Fardis PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Peter A Glicklich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Gregory

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chau Khuong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John L Lahey PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Alexandra Landes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chen Schor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John C Sites Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Klaus Veitinger MD PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Martin Winter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Barbara Lavery

    CHIEF PROGRAM OFFICER

    Total calculated
    $254,691
    From this org
    $235,943
    From related orgs
    $0
    Other
    $18,748
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $205,943
    Bonus
    $30,000
    Other
    $0
    Deferred
    $3,574
    Nontaxable benefits
    $15,174
    Filer's total
    $254,691

  • H William Smith

    VICE PRESIDENT, LEGAL, SEC

    Total calculated
    $0
    Hours/week
    2

  • Christine Herman

    VICE PRESIDENT, TREASURER

    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

None.

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
2022
Filed
22 January 2024
IRS schema version
2022v5.0
Source object
202400229349301350

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