Susan G. Komen
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
Susan G. Komen meets the 20 Standards for Charity Accountability.
Complaints
Number of complaints processed by the BBB in the last 36 months: 2.
Mailing List Removal
The organization addressed the complaint issues brought to its attention: 2.
(These complaints involve individuals seeking to have his or her name and contact information removed from the organization's mailing list).
Stated Purpose:
"to save lives by meeting the most critical needs in our communities and investing in break-through research to prevent and cure breast cancer."
Year, State Incorporated:
1982, TX
Susan G. Komen (Komen) reports that through research, community health, and patient care the organization aims to prevent, detect, treat, and cure breast cancer. The organization provides grants to other non-profit organizations that offer breast cancer screening, diagnosis, and treatment programs. Komen also distributes grants to research the biology of breast cancer, while advocating for breast cancer funding and public policy initiatives. In 2023, the organization states that more than three million individuals received breast cancer education through its educational programs, provided more than 42,000 services through its patient care, and distributed 49 research grants. Some ($24,374,495 or 23%) of Komen's programs are conducted in conjunction with informational materials that include fundraising appeals.
For the year ended March 31, 2023, Susan G. Komen's program expenses were:
Research: $24,178,624
Patient care: $79,165,226
Advocacy: $3,359,841
Total Program Expenses: $106,703,691
Chief Executive
Paula Schneider, President and Chief Executive Officer
Compensation*
$915,779
Chair of the Board
Ed Dandridge
Chair's Profession / Business Affiliation
Executive Vice President and Chief Marketing and Communications Officer, AIG
Board Size
18
Paid Staff Size
410
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Telemarketing, Foundation grants, Print advertisements, Corporate solicitation
Komen incurred joint costs of $48,508,025 for informational materials and activities that included fundraising materials. Of those costs $24,374,495 was allocated to program expenses, $22,926,961 was allocated to fundraising expenses, and $1,206,569 was allocated to administrative expenses.
Fundraising costs were 20% of related contributions. (Related contributions, which totaled $137,540,403, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Susan G. Komen's audited financial statements for the year ended March 31, 2023.
Source of Funds
| Other income | $26,758 |
| Realized and unrealized loss on investments, net | $-8,486,365 |
| Interest and dividends | $1,439,296 |
| In-kind contributions | $33,356,784 |
| Contributions, net | $104,183,619 |
| Total Income | $130,520,092 |
Programs: 72% Fundraising: 18% Administrative: 10%
| Total Income | $130,520,092 |
| Total expenses: | $148,507,747 |
| Program expenses | $106,703,691 |
| Fundraising expenses | $27,234,549 |
| Administrative expenses | $14,569,507 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-17,987,655 |
| Beginning Net Assets | $147,743,104 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $129,755,449 |
| Total Liabilities | $62,957,218 |
| Total Assets | $192,712,667 |
Note: According to Komen's audited financial statements - consolidated - for the year ended March 31, 2023, the organization received $33,356,784 in contributed goods and services including public service announcements and advertising ($31,922,451), special event support ($1,018,833), legal services ($242,019), and occupancy ($173,481).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
-
Meets Standards
-
Standards Not Met
-
Did Not Disclose
-
Review in Progress
-
Unable to Verify
Report completed by:
BBB Wise Giving Alliance