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Top Rated

Prevent Cancer Foundation

CharityWatch report issued
November 2021

Top-Rated Charity
A-
CharityWatch Grade
Our independent grade based
on a number of factors.
 
75%
Program Percentage
Amount spent on programs
relative to overhead.
 
$18
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Prevent Cancer Foundation
1600 Duke St.
Suite 500
Alexandria, VA 22134

Other Names

Cancer Research & Prevention Foundation

Tax Status

501(c)3

Stated Mission

Saving lives across all populations through cancer prevention & early detection; carries out mission by: support of cancer prevention & early detection research, education, outreach, and advocacy.

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Data based on Fiscal Year Ended 06/30/2020

Program Percentage: 75%

The percentage of Prevent Cancer Foundation's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$6,500,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $18

How many dollars Prevent Cancer Foundation spends on fundraising to raise each $100 of contributions.

$5,600,000

Calculated Total Contributions

(rounded)

Joint Costs

Prevent Cancer Foundation's rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.

Program % Cost to Raise $100
76% $16
Accounting rules allow charities to report some telemarketing, direct mail, and other solicitation costs as Program expenses. CharityWatch believes that most donors do not consider a charity's solicitation activities to be the Programs they are intending to support with their donations. We therefore adjust such expenses out of a charity's reported Program expense and add it to Fundraising expense prior to calculating its rating.

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
Prevent Cancer Foundation IRS Form 990 52-1429544
Prevent Cancer Foundation Audited Financial Statements 52-1429544
Entity: Prevent Cancer Foundation
Document Type: IRS Form 990
Tax ID: 52-1429544
Entity: Prevent Cancer Foundation
Document Type: Audited Financial Statements
Tax ID: 52-1429544

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
Prevent Cancer Foundation
meets governance benchmarks.
 
Prevent Cancer Foundation
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy No Sharing  

  Name Title Compensation
1 Carolyn R. Aldige President $351,893
2 Jody Cesana Executive VP $206,661
3 Karen Peterson VP, Programs $163,187
1
Name: Carolyn R. Aldige
Title: President
Compensation: $351,893
2
Name: Jody Cesana
Title: Executive VP
Compensation: $206,661
3
Name: Karen Peterson
Title: VP, Programs
Compensation: $163,187

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.

According to the Prevent Cancer Foundation audit of June 30, 2020 (Note 8, In-kind contributions), the Foundation received in-kind contributions consisting of donated public service announcements in fiscal 2020 on which it placed a total value of $127,000.

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]

According to the Prevent Cancer Foundation audit of June 30, 2020 (Note 16, Related party transactions):

"Design services were provided for the [special events] Gala by a company owned by a board member. The Foundation paid $37,500 and $75,040 for these services during the years ended June 30, 2020 and 2019, respectively...

"During the ordinary course of business for the years ended June 30, 2020 and 2019, the Foundation paid for legal services from a law firm of which a member of the board of directors is a partner."

[Note: No dollar amounts for the above referenced related party legal services are reported in the audit note or in the Foundation's IRS Form 990 filing for fiscal 2020. The Foundation reports having $7,159 and $9,571 in total "Legal" expenses, according to its audited Statement of Functional Expenses for the years ended June 30, 2020 and 2019, respectively.]

According to the Prevent Cancer Foundation audit of June 30, 2020 (Note 18, SBA Paycheck Protection Program loan):

"The Foundation obtained a SBA [Small Business Administration] Paycheck Protection Program loan in the amount of $374,600 in April 2020 as a result of the COVID-19 pandemic. The Foundation intends to comply with the loan requirements so that the loan is fully forgiven. As of the date that the [audited] financial statements were available to be issued [December 1, 2020], the Foundation had not yet submitted the loan forgiveness application."

According to the Prevent Cancer Foundation audit of June 30, 2020 (Note 19, Subsequent events):

"The Foundation assessed events occurring subsequent to June 30, 2020 through December 1, 2020, the date the [audited] financial statements were available to be issued, for potential recognition and disclosure in the financial statements. As a result of the continued spread of the COVID19 coronavirus, the Foundation has transitioned its annual spring gala to a fall virtual event, and the winter Awesome Games fundraising event to a virtual event. The Foundation is expecting decreased support from both events compared to pre-pandemic years. Other financial impact could occur though such potential impact is unknown at this time. No other events have occurred that would require adjustments to or disclosure in the financial statements."