Believe Big INC FY2020 filing

Tax-deductible

Hunt Valley, MD501(c)(3)Health CareEIN 45-2665196Revenue $651K in FY2020

On file with the IRSbelievebig.org11350 McCormick Ep 1 Rd Ste 100, 21031-1067 · Hunt Valley, MDTax-exempt since Jun 2012Publicly supported charity — 170(b)(1)(A)(vi)

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To help families face, fight and overcome cancer.

501(c)(3) charity; gifts are tax-deductible.
51¢ of each $1 spent went to programs.
$78K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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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
2 of 5
filings with a surplus
Average surplus $7K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
51%
of spending
Worth a look: 51% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$78K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 9.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
14
named funders · $293K
Looks good: 14 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$108K
18% of total assets
Looks good: liabilities are 18% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$651K
Spent
$676K
To programs
51%
Net assets
$490K
By yearFY2020–FY2024
Revenue
$651K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$651K
FY2021$979K
FY2022$756K
FY2023$837K
FY2024$724K
Expenses
$676K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$676K
FY2021$654K
FY2022$824K
FY2023$809K
FY2024$948K
Net assets
$490K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$490K
FY2021$805K
FY2022$736K
FY2023$764K
FY2024$541K

From the FY2020 Form 990 · 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 Jun 2012.

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

Where the money goes

51 cents of each dollar spent went to programs.

Program services 51% · $343K Management & general 31% · $209K Fundraising 18% · $124K

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

8 people listed on the 990; $78K paid to officers and key staff.

Part VII, Section A · reportable compensation
Exec. Dir./Non-Voting Board Member
$77,760Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Ivelisse Page’s $106K as Exec. Dir./Non-Voting Board Member is at the 83rd percentile of top reported officer pay among 1979 $100K–1M health care 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

NameFY2024FY2023FY2022FY2020
Ivelisse Page$105,850$91,804$79,852$77,760

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 15aYes

Programs and updates

Helps families face, fight, and overcome cancer.

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Provided by the organization

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3 programs · $343K · in their own filed words · FY2020
01

Informed and connected patients with tools, resources and physicians to help them fight their battle.

$195Kprogram expense
02

Provided funding for Mistletoe Clincial Trials for cancer research.

$100Kprogram expense
03

Distributed wellness grants to patients in order to provide affordable access to complimentary care not covered by insurance.

$48Kprogram 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 · FY2024
See all 14 funders →
Grants paid · 3 grants · $185K · 2020–2023
Unitemized GrantFY2023$68,797
Unitemized GrantFY2022$68,700
Unitemized GrantFY2020$47,705

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$651K
Ln 12
Gifts and grantsLn 1h$648K
Investment incomeLn 3$3K
Money outPt IX
$676K
Ln 25
Programscol B$343K
Managementcol C$209K
Fundraisingcol D$124K
Owns and owesPt X
$490K
net assets · Ln 32
Cash and savingsLn 1–2$539K
Total assetsLn 16$598K
LiabilitiesLn 26$108K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$648K
Fundraising eventsLn 1c$101K
Investment incomeLn 3$3K
Total revenueLn 12$651K
Assets in detailPt X, end of year
CashLn 1$359K
SavingsLn 2$180K
Cash and savings togetherLn 1–2$539K
Land, buildings, equipmentLn 10c$24K
Other assetsLn 15$2K
Total assetsLn 16$598K
LiabilitiesLn 26$108K
Net assetsLn 32$490K
OperationsPt I, VI
EmployeesI 513
VolunteersI 6225
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$453K$539K
Land, buildings, equipmentLn 10c$29K$24K
Total assetsLn 16$542K$598K
LiabilitiesLn 26$33K$108K
Net assetsLn 32$509K$490K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$148K$148K
Pay of current officers, directors and key staffLn 5$78K$26K$26K$26K
Other salaries and wagesLn 7$206K$98K$46K$61K
Payroll taxesLn 10$27K$11K$7K$9K
Management feesLn 11a$32K$25K$7K$0
Legal feesLn 11b$2K$2K$0$0
Accounting feesLn 11c$40K$0$40K$0
Advertising and promotionLn 12$2K$0$0$2K
Office expensesLn 13$13K$4K$7K$2K
Information technologyLn 14$19K$0$19K$0
OccupancyLn 16$34K$0$34K$0
TravelLn 17$16K$13K$2K$0
Conferences, conventions and meetingsLn 19$8K$154$0$8K
Depreciation, depletion and amortizationLn 22$5K$0$5K$0
InsuranceLn 23$2K$0$2K$0
Other expenses (24a–d)Ln 24$45K$15K$14K$16K
Total functional expensesLn 25$676K$343K$209K$124K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $724K$948K−$224K$541K 990 PDF
FY2023 $837K$809K$28K$764K 990 PDF
FY2022 $756K$824K−$68K$736K 990 PDF
FY2021 $979K$654K$325K$805K 990 PDF
FY2020 Viewing $651K$676K−$25K$490K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $651,006 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $646,444$648,396
I-9 Program service revenue$0
I-10 Investment incomePrior year $6,768$2,610
I-11 Other revenue$0
I-12 Total revenuePrior year $653,212$651,006
I-13 Grants and similar amounts paidPrior year $109,012$147,705
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $316,186$310,436
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $309,699$217,367
I-18 Total expensesPrior year $734,897$675,508
I-19 Revenue less expensesPrior year −$81,685−$24,502
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $651,006 across 5 lines filed
VIII-1c Fundraising events$100,538
VIII-1f All other contributions, gifts and grants$547,858
VIII-1h Total contributions, gifts and grants$648,396
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $2,610$2,610
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $2,610$651,006
Part IX · Statement of functional expenses $675,508 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $147,705$147,705
IX-5 Pay of current officers, directors and key staffPrograms $25,920 · Management $25,920 · Fundraising $25,920$77,760
IX-7 Other salaries and wagesPrograms $98,360 · Management $46,450 · Fundraising $60,706$205,516
IX-10 Payroll taxesPrograms $11,478 · Management $7,178 · Fundraising $8,504$27,160
IX-11a Management feesPrograms $25,097 · Management $6,522 · Fundraising $0$31,619
IX-11b Legal feesPrograms $2,222 · Management $0 · Fundraising $0$2,222
IX-11c Accounting feesPrograms $0 · Management $39,960 · Fundraising $0$39,960
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $1,950$1,950
IX-13 Office expensesPrograms $3,699 · Management $6,664 · Fundraising $2,425$12,788
IX-14 Information technologyPrograms $0 · Management $19,221 · Fundraising $0$19,221
IX-16 OccupancyPrograms $0 · Management $34,423 · Fundraising $0$34,423
IX-17 TravelPrograms $13,394 · Management $2,341 · Fundraising $0$15,735
IX-19 Conferences, conventions and meetingsPrograms $154 · Management $0 · Fundraising $8,072$8,226
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $5,002 · Fundraising $0$5,002
IX-23 InsurancePrograms $0 · Management $1,501 · Fundraising $0$1,501
IX-24 Other expenses (24a–d)Programs $15,089 · Management $13,693 · Fundraising $15,938$44,720
IX-25 Total functional expensesPrograms $343,118 · Management $208,875 · Fundraising $123,515$675,508
Part X · Balance sheet $597,642 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $272,969$359,134
X-2 Savings and temporary cash investmentsStart of year $180,242$180,070
X-3 Pledges and grants receivableStart of year $50,973$27,375
X-9 Prepaid expenses and deferred chargesStart of year $5,973$4,619
X-10c Land, buildings and equipment, netStart of year $28,946$23,944
X-15 Other assetsStart of year $2,500$2,500
X-16 Total assetsStart of year $541,603$597,642
X-17 Accounts payable and accrued expensesStart of year $31,580$44,000
X-24 Unsecured notes and loans payable$62,230
X-25 Other liabilitiesStart of year $1,200$1,317
X-26 Total liabilitiesStart of year $32,780$107,547
X-27 Net assets without donor restrictionsStart of year $396,262$421,235
X-28 Net assets with donor restrictionsStart of year $112,561$68,860
X-32 Total net assets or fund balancesStart of year $508,823$490,095
X-33 Total liabilities and net assetsStart of year $541,603$597,642
Part XI · Reconciliation of net assets $490,095 net assets at year end
XI-1 Total revenue$651,006
XI-2 Total expenses$675,508
XI-3 Revenue less expenses−$24,502
XI-4 Net assets at start of year$508,823
XI-10 Net assets at end of year$490,095

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

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