Angiosarcoma Awareness INC EIN 27-3363947 Form 990 (PDF) Claim this org

Angiosarcoma Awareness INC

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Angiosarcoma Awareness INC is a public foundation based in Portland, ME, formed in 2011. For fiscal year 2024 it reported $100K in revenue, $72K in expenses, and $554K in net assets.Pt I

Founded
2011
Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Portland, ME
Website
www.cureasc.org
Filings
4 on file (2021–2024)
Revenue
$100KFY2024
Expenses
$72K
Net assets
$554K
People
2
Filings
4
Updates
0
More identity details & actions ⌄
EIN  27-3363947 Public foundation / grantmaker Portland, ME Founded 2011
Form 990 (PDF)
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Size
<$100K
What they do
a public foundation
Leadership
Corrie Painter · President
Money in and out
$100K revenue, $72K expenses
Bottom line
84% program efficiency
Grants paid & assets · FY2024
Total revenue
$100K
Pt VIII · Ln 12
Total expenses
$72K
Pt IX · Ln 25
Net assets
$554K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $28K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.16
Program efficiency
84%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
92.9mo
months of highly liquid reserves at operating expense rate▼ -32% vs prior filing year
Surplus margin
+28%
revenue over expenses, this year▲ +147% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$100K
FY2024▲ +67%
Expenses
$72K
FY2024▲ +36%
Total assets
$555K
FY2024▲ +8%
Total liabilities
$429
FY2024▲ +99%
Total revenue
$100K
Pt VIII · Ln 12
Total expenses
$72K
Pt IX · Ln 25
Net assets
$554K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$28K
Total assetsPt X · Ln 16$555K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAngiosarcoma Awareness INC
EINHdr · item D27-3363947
Principal addressHdr · item CPortland, ME
WebsiteHdr · item Jwww.cureasc.org
Year of formationHdr · item L2011
State of legal domicileHdr · item MME
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFDec 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
VP/Treasurer
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $60K of program spending, described in the organization's own filed words · FY2024.
01

Washington University in St. Louis Grant #P26-00247 Defining the Surfaceome of Angiosarcoma: Target Discovery and Model Development

$50Kprogram expense
02

Jad Ian Taxel Foundation for Rare Cancers

Start up grant - ARC Project

$10Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$90K · 90%
Investment income$10K · 10%
Contributions & grants90%$90K
Investment income10%$10K
Total revenueLn 12$100K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.16
Program services84%$60K
Management & general16%$12K
Total functional expensesLn 25$72K

Balance Sheet

Part X · end of year
CashLn 1$72K
Total assetsLn 16$555K
Total liabilitiesLn 26$429
Total net assetsLn 32$554K
Months of cash on handcomputed12.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $555K · Operating expenses/yr $72K
92.9 months
Where the money goes
Program services
Program services $60K · Total expenses $72K
84%
Management & General
Management & general $12K · Total expenses $72K
16%
Fundraising
Fundraising $0 · Total expenses $72K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $74K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $90K · Total revenue $100K
90%
Government reliance
Government grants $0 · Total revenue $100K
0%
Earned-income share
Program service revenue $0 · Total revenue $100K
0%
Investment reliance
Investment income $10K · Total revenue $100K
+10%
Program self-sufficiency
Program service revenue $0 · Total expenses $72K
0%
Growth & trend
Revenue growth (YoY)
This year $100K · Prior year $59K
+67%
Revenue CAGR
FY2020 $134K · FY2024 $100K
-7%
Net-asset trend (YoY)
End of year $554K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $100K · Expenses $72K
+28%
Liabilities-to-Assets
Total liabilities — · Total assets $555K
Net-asset ratio
Net assets $554K · Total assets $555K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $483K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $555K
87%
People & payroll
Highest Reported Total Compensation
Individual Corrie Painter · Reported title President · Highest reported compensation $0 · Total expenses $72K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $72K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 16%
Revenue growth 67%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$11K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$100K revenue · viewing · ⤓ 990 PDF
FY2023$59K revenue · ⤓ 990 PDF
FY2022$98K revenue · ⤓ 990 PDF
FY2021$134K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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