Bras for a Cause INC EIN 46-4238829 Form 990 (PDF) Claim this org

Bras for a Cause INC

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Helps Williston cancer patients with aid and relief. For fiscal year 2024 it reported $306K in revenue, $193K in expenses, and $185K in net assets.Pt I

Type
Public charity (501(c)(3)) · Health Care
Location
Williston, ND
Website
brasforacausend.com
Filings
5 on file (2020–2024)
Revenue
$306KFY2024
Expenses
$193K
Net assets
$185K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-4238829 Public charity (501(c)(3)) Williston, ND
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps Williston cancer patients with aid and relief.
Leadership
Cheryl Donoven · President
Money in and out
$306K revenue, $193K expenses
Bottom line
98% program efficiency
Where the money goes · FY2024
Total revenue
$306K
Pt VIII · Ln 12
Total expenses
$193K
Pt IX · Ln 25
Net assets
$185K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $113K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
11.5mo
months of highly liquid reserves at operating expense rate▲ +297% vs prior filing year
Surplus margin
+37%
revenue over expenses, this year▲ +246% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$306K
FY2024▲ +30%
Expenses
$193K
FY2024▼ -35%
Total assets
$185K
FY2024▲ +158%
Total liabilities
$0
FY2024
Total revenue
$306K
Pt VIII · Ln 12
Total expenses
$193K
Pt IX · Ln 25
Net assets
$185K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$113K
Total assetsPt X · Ln 16$185K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBras for a Cause INC
EINHdr · item D46-4238829
Principal addressHdr · item CWilliston, ND
WebsiteHdr · item Jbrasforacausend.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MND
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E86)
Ruling yearIRS BMFSep 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
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
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $190K of program spending, described in the organization's own filed words · FY2024.
01

Bras for a Cause, Inc. pays cash to cancer patients for assistance in travel to and from treatments, medications, insurance deductibles, and living expenses. The majority of our donations go towards assisting with payments for the patient's medications.

$190Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$170K · 55%
Contributions & grants$137K · 45%
Other revenue55%$170K
Contributions & grants45%$137K
Total revenueLn 12$306K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$190K
Management & general2%$3K
Total functional expensesLn 25$193K

Balance Sheet

Part X · end of year
CashLn 1$185K
Total assetsLn 16$185K
Total liabilitiesLn 26$0
Total net assetsLn 32$185K
Months of cash on handcomputed11.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $185K · Operating expenses/yr $193K
11.5 months
Where the money goes
Program services
Program services $190K · Total expenses $193K
98%
Management & General
Management & general $3K · Total expenses $193K
2%
Fundraising
Fundraising $0 · Total expenses $193K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $135K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $137K · Total revenue $306K
45%
Government reliance
Government grants — · Total revenue $306K
Earned-income share
Program service revenue $0 · Total revenue $306K
0%
Investment reliance
Investment income $0 · Total revenue $306K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $193K
0%
Growth & trend
Revenue growth (YoY)
This year $306K · Prior year $236K
+30%
Revenue CAGR
FY2020 $152K · FY2024 $306K
+19%
Net-asset trend (YoY)
End of year $185K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $306K · Expenses $193K
+37%
Liabilities-to-Assets
Total liabilities — · Total assets $185K
Net-asset ratio
Net assets $185K · Total assets $185K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $185K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Cheryl Donoven · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $193K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $193K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth 30%
Accounting fee ratio 2%

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 · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$26K
Grants paid · 5 grants · $967K · 2021–2024
Unitemized GrantFY2024$180,600
Unitemized GrantFY2023$288,000
Unitemized GrantFY2022$280,085
Unitemized GrantFY2022$520
Unitemized GrantFY2021$218,000

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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)$306K revenue · viewing · ⤓ 990 PDF
FY2023$236K revenue · ⤓ 990 PDF
FY2022$277K revenue · ⤓ 990 PDF
FY2021$289K revenue · ⤓ 990 PDF
FY2020$152K 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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