To fund critically needed pediatric oncology research

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$82K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $148K a year · 7% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$82K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Plus $148K in investments, Pt X · Ln 11–13
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $28K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$33K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
Spent
$1.4M
To programs
73%
Net assets
$281K
By yearFY2020–FY2024
Revenue
$1.5M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.5M
FY2021$1.8M
FY2022$2.0M
FY2023$2.1M
FY2024$3.0M
Expenses
$1.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$1.5M
FY2022$1.8M
FY2023$2.2M
FY2024$2.6M
Net assets
$281K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$281K
FY2021$531K
FY2022$669K
FY2023$478K
FY2024$875K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $991K Management & general 11% · $144K Fundraising 17% · $225K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $82K paid to officers and key staff.

Part VII, Section A · reportable compensation
Exec Director & Co-Founder
$81,630Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director, Medical Advisor
$0Pt VII · Sec A
Director, Science Advisor
$0Pt VII · Sec A
$0Pt VII · Sec A

Joan Slaughter’s $130K as Exec Dir and Co-Founder is at the 29th percentile of top reported officer pay among 360 $1–10M medical research nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Joan Slaughter$130,000$130,000$93,333$94,232$81,630
Jaime Marston Cook$107,488————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Morgan Adams Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds vital research to fight childhood cancer.

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Provided by the organization

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2 programs · $991K · in their own filed words · FY2020
01

Through careful consideration and placement of our funding, we encouraged and supported research intended to improve treatment effectiveness, improve treatment outcomes, and improve the quality of life for children battling cancer.

$702Kprogram expense
02

The morgan adams foundation is an ongoing resource for information on childhood, adolescent and young adult cancers, their current treatments and the need for ongoing new treatment development.

$289Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$28K
Grants paid · 22 grants · $4.7M · 2020–2024
Children's Hospital ColoradoCO · FY2024$1,007,000
Children's Hospital ColoradoCO · FY2023$815,000
Tough2gether FoundationKS · FY2023$80,000
Individual RecipientFY2023$44,379
Children's Hospital ColoradoCO · FY2022$805,000
Individual RecipientFY2022$49,683
DdfraNJ · FY2022$47,500
Children's Hospital ColoradoCO · FY2021$797,500
Riley Children's HospitalFY2021$15,000
See all 22 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.5M
Investment incomeLn 3$10K
Money outPt IX
$1.4M
Ln 25
Programscol B$991K
Managementcol C$144K
Fundraisingcol D$225K
Owns and owesPt X
$281K
net assets · Ln 32
Cash and savingsLn 1–2$117K
Total assetsLn 16$314K
LiabilitiesLn 26$33K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.5M
Government grantsLn 1e$90K
Noncash giftsLn 1g$139K
Fundraising eventsLn 1c$692K
Investment incomeLn 3$10K
Gains on assetsLn 7$7K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
SavingsLn 2$117K
Cash and savings togetherLn 1–2$117K
InvestmentsLn 11–13$148K
Land, buildings, equipmentLn 10c$10K
Total assetsLn 16$314K
LiabilitiesLn 26$33K
Net assetsLn 32$281K
OperationsPt I, VI
EmployeesI 511
VolunteersI 6200
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$25K
Noncash gifts receivedSch M Pt I$139K
EndowmentSch D · Pt V
LineFY20FY19FY18FY17FY16
End of yearLn 1g$48K$40K$36K$35K$34K
Given inLn 1b$25$764$950$10K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$84K$117K
InvestmentsLn 11–13$52K$148K
Land, buildings, equipmentLn 10c$16K$10K
Total assetsLn 16$235K$314K
LiabilitiesLn 26$83K$33K
Net assetsLn 32$152K$281K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$677K$677K
Grants and assistance to foreign recipientsLn 3$25K$25K
Pay of current officers, directors and key staffLn 5$82K$57K$8K$16K
Other salaries and wagesLn 7$337K$134K$91K$112K
Pension plan contributionsLn 8$32K$15K$8K$10K
Other employee benefitsLn 9$32K$15K$8K$10K
Legal feesLn 11b$360$360
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$30K$15K$6K$8K
Advertising and promotionLn 12$1K$603$313$405
Office expensesLn 13$31K$13K$5K$13K
Information technologyLn 14$15K$4K$2K$9K
OccupancyLn 16$29K$13K$4K$12K
TravelLn 17$4K$2K$157$2K
Depreciation, depletion and amortizationLn 22$7K$3K$2K$2K
InsuranceLn 23$11K$5K$3K$3K
Other expenses (24a–d)Ln 24$39K$12K$2K$25K
Total functional expensesLn 25$1.4M$991K$144K$225K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 17, 2025 $3.0M$2.6M$370K$875K 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $2.1M$2.2M−$143K$478K 990 PDF
FY2022Filed with the IRS Nov 8, 2023 $2.0M$1.8M$155K$669K 990 PDF
FY2021Filed with the IRS Oct 13, 2022 $1.8M$1.5M$236K$531K 990 PDF
FY2020 ViewingFiled with the IRS Aug 26, 2021 $1.5M$1.4M$121K$281K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign M · Noncash O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $1,480,556 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,379,084$1,470,873
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $2,698$9,683
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,381,782$1,480,556
I-13 Grants and similar amounts paidPrior year $628,170$701,840
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $475,615$482,435
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $304,562$175,362
I-18 Total expensesPrior year $1,408,347$1,359,637
I-19 Revenue less expensesPrior year −$26,565$120,919
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,480,556 across 10 lines filed
VIII-1c Fundraising events$692,387
VIII-1e Government grants$89,700
VIII-1f All other contributions, gifts and grants$688,786
VIII-1g Noncash contributions (included above)$138,957
VIII-1h Total contributions, gifts and grants$1,470,873
VIII-3 Investment incomeExcluded from tax $2,286$2,286
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $7,397$7,397
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $9,683$1,480,556
Part IX · Statement of functional expenses $1,359,637 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $676,840$676,840
IX-3 Grants and assistance to foreign recipientsPrograms $25,000$25,000
IX-5 Pay of current officers, directors and key staffPrograms $57,141 · Management $8,163 · Fundraising $16,326$81,630
IX-7 Other salaries and wagesPrograms $133,869 · Management $90,740 · Fundraising $112,075$336,684
IX-8 Pension plan contributionsPrograms $14,648 · Management $7,564 · Fundraising $9,840$32,052
IX-9 Other employee benefitsPrograms $14,624 · Management $7,552 · Fundraising $9,893$32,069
IX-11b Legal feesFundraising $360$360
IX-11c Accounting feesManagement $6,575$6,575
IX-11g Other fees for servicesPrograms $15,383 · Management $6,335 · Fundraising $8,241$29,959
IX-12 Advertising and promotionPrograms $603 · Management $313 · Fundraising $405$1,321
IX-13 Office expensesPrograms $13,355 · Management $5,085 · Fundraising $12,883$31,323
IX-14 Information technologyPrograms $4,220 · Management $1,893 · Fundraising $9,380$15,493
IX-16 OccupancyPrograms $12,752 · Management $3,505 · Fundraising $12,459$28,716
IX-17 TravelPrograms $2,258 · Management $157 · Fundraising $1,724$4,139
IX-22 Depreciation, depletion and amortizationPrograms $3,142 · Management $1,623 · Fundraising $2,111$6,876
IX-23 InsurancePrograms $5,125 · Management $2,647 · Fundraising $3,443$11,215
IX-24 Other expenses (24a–d)Programs $12,361 · Management $1,580 · Fundraising $25,444$39,385
IX-25 Total functional expensesPrograms $991,321 · Management $143,732 · Fundraising $224,584$1,359,637
Part X · Balance sheet $313,982 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $84,093$116,895
X-3 Pledges and grants receivableStart of year $78,647$36,483
X-9 Prepaid expenses and deferred chargesStart of year $5,001$2,767
X-10c Land, buildings and equipment, netStart of year $15,636$9,990
X-11 Publicly traded securitiesStart of year $28,108$106,713
X-12 Other securitiesStart of year $23,492$41,134
X-16 Total assetsStart of year $234,977$313,982
X-17 Accounts payable and accrued expensesStart of year $46,679$27,255
X-25 Other liabilitiesStart of year $7,759$5,908
X-26 Total liabilitiesStart of year $83,426$33,163
X-27 Net assets without donor restrictionsStart of year $23,063$178,959
X-28 Net assets with donor restrictionsStart of year $128,488$101,860
X-32 Total net assets or fund balancesStart of year $151,551$280,819
X-33 Total liabilities and net assetsStart of year $234,977$313,982
Part XI · Reconciliation of net assets $280,819 net assets at year end
XI-1 Total revenue$1,480,556
XI-2 Total expenses$1,359,637
XI-3 Revenue less expenses$120,919
XI-4 Net assets at start of year$151,551
XI-5 Net unrealized gains (losses) on investments$8,349
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$280,819

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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