The 5 Under 40 Foundation dedicated to providing funded medical,wellness,beauty and educational services to women Under the age of 40 who have been diagnosed with breast cancer or have a brca mutation. We focus on a woman's whole being in order to empower,foster hope and improve the quality of life for women in the face of this disease.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
$50K 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

FY2021 · 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
2 of 5
filings with a surplus
Average deficit $33K a year · 15% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$50K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
13 mo
of spending, in cash
Looks good: 13.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $7K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$23K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$377K
+97% vs prior year
Spent
$308K
To programs
66%
Net assets
$319K
By yearFY2020–FY2024
Revenue
$377K
FY2021▲ +97%
Tap a bar for its year
Revenue by fiscal year
FY2020$192K
FY2021$377K
FY2022$165K
FY2023$272K
FY2024$100K
Expenses
$308K
FY2021▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$287K
FY2021$308K
FY2022$278K
FY2023$220K
FY2024$179K
Net assets
$319K
FY2021▲ +27%
Tap a bar for its year
Net assets by fiscal year
FY2020$251K
FY2021$319K
FY2022$206K
FY2023$258K
FY2024$179K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 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 Sep 2012.

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

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $205K Management & general 34% · $103K

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

5 people listed on the 990; $50K paid to officers and key staff.

Part VII, Section A · reportable compensation
$50,000Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jennifer Finkelstein’s $50K as President is at the 35th percentile of top reported officer pay among 901 $100K–1M diseases & disorders 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jennifer Finkelstein$50,000$46,154$50,000$50,000$51,923

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.

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides funded medical, wellness, beauty, and education services to young women with breast cancer or BRCA mutations.

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Provided by the organization

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1 program · $205K · in their own filed words · FY2021
01

To provide comprehensive resources & vital tools necessary for early detection, diagnosis & treatment of breast cancer as well as those diagnosed with brca gene mutation for women under age 40 in the ny metro & NJ area. Our mission is to enable women to receive diagnostic treatment & post treatment services.

$205Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$7K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$377K
Ln 12
Gifts and grantsLn 1h$377K
Money outPt IX
$308K
Ln 25
Programscol B$205K
Managementcol C$103K
Owns and owesPt X
$319K
net assets · Ln 32
Cash and savingsLn 1–2$342K
Total assetsLn 16$342K
LiabilitiesLn 26$23K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$377K
Government grantsLn 1e$15K
Total revenueLn 12$377K
Assets in detailPt X, end of year
CashLn 1$342K
Cash and savings togetherLn 1–2$342K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$342K
LiabilitiesLn 26$23K
Net assetsLn 32$319K
OperationsPt I, VI
EmployeesI 52
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$277K$342K
Land, buildings, equipmentLn 10c$574$0
Total assetsLn 16$278K$342K
LiabilitiesLn 26$27K$23K
Net assetsLn 32$251K$319K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$50K$10K$40K
Payroll taxesLn 10$5K$1K$4K
Legal feesLn 11b$125$125
Accounting feesLn 11c$15K$15K
Advertising and promotionLn 12$693$693
Office expensesLn 13$5K$5K
Information technologyLn 14$8K$8K
Conferences, conventions and meetingsLn 19$202$202
InterestLn 20$67$67
Depreciation, depletion and amortizationLn 22$574$574
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$194K$194K
All other expensesLn 24e$26K$26K
Total functional expensesLn 25$308K$205K$103K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $100K$179K−$79K$179K 990 PDF
FY2023 $272K$220K$52K$258K 990 PDF
FY2022 $165K$278K−$113K$206K 990 PDF
FY2021 Viewing $377K$308K$69K$319K 990 PDF
FY2020 $192K$287K−$95K$251K 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 O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $376,962 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $191,741$376,962
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $191,741$376,962
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $93,985$55,418
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $192,609$252,996
I-18 Total expensesPrior year $286,594$308,414
I-19 Revenue less expensesPrior year −$94,853$68,548
Part VI · Governance 3 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $376,962 across 4 lines filed
VIII-1e Government grants$15,000
VIII-1f All other contributions, gifts and grants$361,962
VIII-1h Total contributions, gifts and grants$376,962
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$376,962
Part IX · Statement of functional expenses $308,414 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $10,000 · Management $40,000$50,000
IX-10 Payroll taxesPrograms $1,084 · Management $4,334$5,418
IX-11b Legal feesManagement $125$125
IX-11c Accounting feesManagement $15,000$15,000
IX-12 Advertising and promotionManagement $693$693
IX-13 Office expensesManagement $4,662$4,662
IX-14 Information technologyManagement $7,879$7,879
IX-19 Conferences, conventions and meetingsManagement $202$202
IX-20 InterestManagement $67$67
IX-22 Depreciation, depletion and amortizationManagement $574$574
IX-23 InsuranceManagement $3,635$3,635
IX-24 Other expenses (24a–d)Programs $193,889$193,889
IX-24e All other expensesManagement $26,270$26,270
IX-25 Total functional expensesPrograms $204,973 · Management $103,441 · Fundraising $0$308,414
Part X · Balance sheet $341,912 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $277,250$341,912
X-10c Land, buildings and equipment, netStart of year $574$0
X-15 Other assetsStart of year $166$0
X-16 Total assetsStart of year $277,990$341,912
X-17 Accounts payable and accrued expensesStart of year $12,136$22,510
X-24 Unsecured notes and loans payableStart of year $15,000$0
X-26 Total liabilitiesStart of year $27,136$22,510
X-32 Total net assets or fund balancesStart of year $250,854$319,402
X-33 Total liabilities and net assetsStart of year $277,990$341,912
Part XI · Reconciliation of net assets $319,402 net assets at year end
XI-1 Total revenue$376,962
XI-2 Total expenses$308,414
XI-3 Revenue less expenses$68,548
XI-4 Net assets at start of year$250,854
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$319,402

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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