Bag IT EIN 74-3097354

Bag IT FY2023 filing

EIN  74-3097354 Public charity (501(c)(3)) Tucson, AZ
Form 990 (PDF)
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Size
$100K–1M
What they do
Educates, supports, and empowers individuals affected by cancer.
Leadership
Mindy Griffith · President/Exec Director · $62K
Money in and out
$471K revenue, $511K expenses
Bottom line
80% program efficiency

Educates, supports, and empowers individuals affected by cancer. For fiscal year 2023 it reported $471K in revenue, $511K in expenses, and $189K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$471K
Pt VIII · Ln 12
Total expenses
$511K
Pt IX · Ln 25
Net assets
$189K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$40K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.15 Fundraising $0.06
Program efficiency
80%
of spending reaches programs
Operating runway
3.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$471K
FY2023▼ -21%
Expenses
$511K
FY2023▼ -11%
Total assets
$311K
FY2023▼ -13%
Total liabilities
$122K
FY2023▼ -6%
Total revenue
$471K
Pt VIII · Ln 12
Total expenses
$511K
Pt IX · Ln 25
Net assets
$189K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$40K
Total assetsPt X · Ln 16$311K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

2 program services account for $406K of program spending, described in the organization's own filed words · FY2022.
01

Since 2003, bag it has provided education and information to guide those with cancer and their families to help them cope with their cancer diagnosis and treatment. Bag it content extends from newly diagnosed to through end of life to support the number of people who are living longer after cancer treatment.

$270Kprogram expense
02

Bag it's 5-DAY leadership conference for cancer advocates, escape to thrive (encouraging and sustaining cancer advocacy programs and efforts) celebrated it's 11TH conference in january, 2023. Over 35 attendees were in attendance representing a range of cancer types, backgrounds, ages and advocacy experience.

$136Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBag IT
EINHdr · item D74-3097354
Principal addressHdr · item CTucson, AZ
WebsiteHdr · item Jwww.bagitcancer.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G02)
Ruling yearIRS BMFNov 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President/Exec Director
$61,524Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Mindy Griffith’s $69K as Presidentexecutive Director is at the 53rd percentile of top reported officer pay among 900 $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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Mindy Griffith$69,164$66,104
Mindy Griffith$61,524$63,408$57,074$55,010

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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Statement of Revenue

Part VIII
Contributions & grants$340K · 72%
Program service revenue$66K · 14%
Other revenue$63K · 13%
Investment income$3K · 1%
Contributions & grants72%$340K
Program service revenue14%$66K
Other revenue13%$63K
Investment income1%$3K
Total revenueLn 12$471K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.15 Fundraising $0.06
Program services80%$406K
Management & general15%$76K
Fundraising6%$29K
Total functional expensesLn 25$511K

Balance Sheet

Part X · end of year
CashLn 1$132K
Total assetsLn 16$311K
Total liabilitiesLn 26$122K
Total net assetsLn 32$189K
Months of cash on handcomputed3.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $132K · Operating expenses (Pt IX) $511K · Less non-cash grants $13K · Cash operating expenses/yr $498K
3.2 months
Where the money goes
Program services
Program services $406K · Total expenses $511K
80%
Management & General
Management & general $76K · Total expenses $511K
15%
Fundraising
Fundraising $29K · Total expenses $511K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $33K · Solicited contributions (3-yr avg) $271K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $340K · Total revenue $471K
72%
Government reliance
Government grants — · Total revenue $471K
Earned-income share
Program service revenue $66K · Total revenue $471K
14%
Investment reliance
Investment income $3K · Total revenue $471K
+1%
Program self-sufficiency
Program service revenue $66K · Total expenses $511K
13%
Growth & trend
Revenue growth (YoY)
This year $471K · Prior year $596K
-21%
Net-asset trend (YoY)
End of year $189K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $471K · Expenses $511K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $311K
Net-asset ratio
Net assets $189K · Total assets $311K
61%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $311K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mindy Griffith · Reported title PRESIDENT/EXEC DIRECTOR · Highest reported compensation $62K · Total expenses $511K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $187K · Total expenses $511K
37%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 15%
Fundraising cost ratio 8%
Revenue growth -21%
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 · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$10K

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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
FY2025 (Latest)$741K revenue · ⤓ 990 PDF
FY2024$584K revenue · ⤓ 990 PDF
FY2023$471K revenue · viewing · ⤓ 990 PDF
FY2022$596K revenue · ⤓ 990 PDF
FY2021$291K revenue · ⤓ 990 PDF
FY2020$526K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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