GO2 Foundation for Lung Cancer does not meet the following 2 Standards for Charity Accountability:
Standard 4 (Compensated Board Members)
Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.
GO2 does not meet this Standard because:
- Two members out of the 10 member board of directors (20%) are indirectly compensated as relatives of a staff member, including the board chair.
Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
GO2 does not meet this Standard because:
- The organization did not produce a written report outlining the results of its December 2021 effectiveness assessment.
GO2 Foundation for Lung Cancer meets the remaining 18 Standards for Charity Accountability.
-
Year, State Incorporated
2006, CA
-
Also Known As
Lung Cancer Alliance
Bonnie J Addario A Breath Away from the Cure Foundation
-
-
Stated Purpose
"to advocate on behalf of lung cancer patients, their loved ones and those at risk by delivering comprehensive support, education, advocacy, and services to improve access to and delivery of healthcare, and drive innovative early detection and treatment research to extend life."
GO2 Foundation for Lung Cancer (GO2) focuses on science and research, screening and care, and awareness of lung cancer. The organization's science and research program is centered on academic and community-based research that spans the continuum of care. GO2 strives to expand access to screening, care and survivorship to ensure that community members benefit from services closer to home. The organization aims to make lung cancer visible to the general public to build awareness, increase access to screening, reduce stigma, and foster patient and caregiver engagement with services. Some ($676,608 or 8%) of GO2's programs are conducted in conjunction with informational materials that include fundraising appeals.
For the year ended December 31, 2020, GO2 Foundation for Lung Cancer's program expenses were:
Science and research |
$3,049,266 |
Excellent in screening and care |
$1,966,905 |
Communications and marketing |
$1,324,107 |
Patient and support services |
$1,210,559 |
Government affairs and health policy |
$841,676 |
Total Program Expenses: |
$8,392,513 |
-
Chief Executive
Laurie Fenton Ambrose, President and Chief Executive Officer
-
Compensation*
$329,312
-
Chair of the Board
Bonnie Addario
-
Chair's Profession / Business Affiliation
Chair, Co-Founder of GO2 Foundation for Lung Cancer
-
Board Size
10
-
Paid Staff Size
43
*2020 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.)
GO2 incurred joint costs of $1,302,391 for informational materials and activities that included fundraising materials. Of those costs, $676,608 was allocated to program expenses and $625,783 was allocated to fundraising expenses.
Fundraising costs were 10% of related contributions. (Related contributions, which totaled $14,167,234, 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 GO2 Foundation for Lung Cancer's audited financial statements for the year ended December 31, 2020.
Source of Funds |
Contributions and grants |
$11,548,441 |
Sponsorships |
$1,445,424 |
Special events, net |
$670,229 |
Contract revenue |
$262,359 |
Donated good and services |
$135,863 |
Other income |
$68,583 |
Investment income |
$27,798 |
Registration fees |
$14,178 |
Total Income |
$14,172,875 |
- Programs: 79%
- Fundraising: 14%
- Administrative: 7%
Total Income |
$14,172,875 |
Program expenses |
$8,392,513 |
Fundraising expenses |
$1,448,134 |
Administrative expenses |
$795,856 |
Other expenses |
$0 |
Total expenses: |
$10,636,503 |
Income in Excess of Expenses |
$3,536,372 |
Beginning Net Assets |
$8,802,158 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$12,338,530 |
Total Liabilities |
$722,298 |
Total Assets |
$13,060,828 |
According to GO2's 2020 audited financial statements, the organization received in-kind contributions totaling $135,864 in the form of survey services ($66,000), grantwriter services ($44,400), photography and video services (24,802), and technology subscriptions ($420), and gala auction items ($242).