CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.
|According to the Pancreatic Cancer Action Network audit of June 30, 2015 (Note 7, Contractual Obligations):|
"The Organization has entered into contractual agreements with hotel venues to provide facilities and services for events scheduled to take place through June 2016. The agreements require payment of cancellation fees that range from a minimum of $3,150 to $250,143. The minimum and maximum aggregate cancellation fees for all contracted venues at June 30, 2015 are $370,180 and $820,062, respectively."