Asco Association FY2020 filing

Not tax-deductible

Alexandria, VA501(c)(6)Since 2019Community DevelopmentEIN 83-3561693Revenue $14.1M in FY2020

On file with the IRSascoassociation.org2318 Mill Rd Ste 800, 22314-6834 · Alexandria, VATax-exempt since May 2019

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Our mission is to conquer cancer through advocacy for research, education, and the promotion of the highest quality, equitable patient care.

$1.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
4 of 5
filings with a surplus
Average surplus $943K a year · 6% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$1.4M
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$17.6M
321% of total assets
Concern: liabilities are 321% of assets; over 80%.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$14.1M
Spent
$15.0M
Net assets
−$12.1M
By yearFY2020–FY2024
Revenue
$14.1M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$14.1M
FY2021$14.3M
FY2022$15.4M
FY2023$17.4M
FY2024$16.6M
Expenses
$15.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$15.0M
FY2021$12.5M
FY2022$14.3M
FY2023$15.1M
FY2024$16.2M
Net assets
−$12.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$12.1M
FY2021−$10.4M
FY2022−$9.2M
FY2023−$6.8M
FY2024−$6.4M

From the FY2020 Form 990 · figures checked against the IRS filing · 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 May 2019.

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

Who runs it and what they're paid

26 people listed on the 990; $1.4M paid to officers and key staff.

Part VII, Section A · reportable compensation
Vice President,member Services
$271,557Pt VII · Sec A
Div. Director, Policy/Advocacy
$256,423Pt VII · Sec A
Senior Director, Fed/St Affair
$218,354Pt VII · Sec A
Div Dir, Enterprs Crm/Data Gov
$207,259Pt VII · Sec A
Director, Regulatory Affairs
$190,976Pt VII · Sec A
Director, Govt. Affairs/Policy
$155,391Pt VII · Sec A
Director, Affiliate Relations
$147,763Pt VII · Sec A
$0Pt VII · Sec A

Krista Barnes’s $312K as Vice President, Member Services is at the 58th percentile of top reported officer pay among 572 $10–100M community development 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Krista Barnes$311,755$302,663$283,275$254,248$271,557
Jennifer Brunelle$265,455$258,709$201,846$143,900$218,354
Shelagh Benke————$256,423
Karen Hagerty—$245,179$217,307$181,772$190,976
Shelagh Foster———$242,588—
Karen Hagerty MD$236,405————
Ronda Bowman$226,306$213,046$190,301——
Zhabiz Chu————$207,259

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

Advocates for cancer research, education, and equitable patient care by lobbying policymakers on clinical practice, funding, and healthcare access.

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Provided by the organization

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3 programs · in their own filed words · FY2020
01

ASCO Connection is the official member magazine for and about members of the Association and the primary source of information about programs and services of the Association and its affiliates.

Pt IX · col B
02

Advocacy

The Association's advocacy work focuses on the issues of access to and delivery of high-quality, equitable cancer care for cancer patients. Working with volunteer members, the Association engages with the administration, Congress, and state lawmakers to address issues of critical importance to the practice of oncology and patient care.

Pt IX · col B
03

Member Services

The Association works to support and educate its global network of nearly 45,000 oncology professional members through its daily activities, including-recruiting new members, renewing memberships for current members, maintaining online forums that allow members to discuss issues of professional interest, and recruiting members for, and…

Pt IX · col B

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
Total grants receivedfrom 1 funder$8K
Grants paid · 8 grants · $266K · 2021–2024
Yale UniversityCT · FY2024$30,000
The Leukemia & Lymphoma SocietyNY · FY2023$21,942
University of ChicagoIL · FY2023$15,000
Friends of Cancer ResearchDC · FY2022$25,000
Sarah Cannon the Cancer Institute of Hca HealthcareFY2021$30,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$14.1M
Ln 12
Fees for servicesLn 2g$14.0M
Other incomeLn 4–11$118K
Gifts and grantsLn 1h$24K
Money outPt IX
$15.0M
Ln 25
Owns and owesPt X
−$12.1M
net assets · Ln 32
Cash and savingsLn 1–2$4.7M
Total assetsLn 16$5.5M
LiabilitiesLn 26$17.6M
PeoplePt VI, VII
26
listed · VII A
PaidVII A7
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$24K
Fees for servicesLn 2g$14.0M
Other incomeLn 4–11$118K
Gains on assetsLn 7$0
Total revenueLn 12$14.1M
Assets in detailPt X, end of year
CashLn 1$4.7M
SavingsLn 2$0
Cash and savings togetherLn 1–2$4.7M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$5.5M
LiabilitiesLn 26$17.6M
Net assetsLn 32−$12.1M
OperationsPt I, VI
EmployeesI 549
VolunteersI 6194
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 FY20End FY20
Cash and savingsLn 1–2$0$4.7M
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$0$5.5M
LiabilitiesLn 26$0$17.6M
Net assetsLn 32$0−$12.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$616K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$4.4M
Pension plan contributionsLn 8$344K
Other employee benefitsLn 9$173K
Payroll taxesLn 10$347K
Management feesLn 11a$0
Legal feesLn 11b$38K
Accounting feesLn 11c$4K
Lobbying feesLn 11d$551K
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$1.8M
Advertising and promotionLn 12$0
Office expensesLn 13$29K
Information technologyLn 14$81K
RoyaltiesLn 15$1K
OccupancyLn 16$62K
TravelLn 17$69K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$68K
InterestLn 20$294K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$6.1M
Total functional expensesLn 25$15.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $16.6M$16.2M$376K−$6.4M 990 PDF
FY2023 $17.4M$15.1M$2.4M−$6.8M 990 PDF
FY2022 $15.4M$14.3M$1.1M−$9.2M 990 PDF
FY2021 $14.3M$12.5M$1.7M−$10.4M 990 PDF
FY2020 Viewing $14.1M$15.0M−$888K−$12.1M 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 $14,116,561 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$23,794
I-9 Program service revenuePrior year $0$13,974,463
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$118,304
I-12 Total revenuePrior year $0$14,116,561
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 $0$5,871,379
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $0$9,132,833
I-18 Total expensesPrior year $0$15,004,212
I-19 Revenue less expensesPrior year $0−$887,651
Part VI · Governance 10 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
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 $14,116,561 across 9 lines filed
VIII-1d Related organizations$23,794
VIII-1h Total contributions, gifts and grants$23,794
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $13,584,183 · Unrelated business $390,280$13,974,463
VIII-3 Investment income$0
VIII-5 RoyaltiesExcluded from tax $118,304$118,304
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $13,584,183 · Unrelated business $390,280 · Excluded from tax $118,304$14,116,561
Part IX · Statement of functional expenses $15,004,212 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$615,514
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$4,392,223
IX-8 Pension plan contributions$344,204
IX-9 Other employee benefits$172,796
IX-10 Payroll taxes$346,642
IX-11a Management fees$0
IX-11b Legal fees$37,945
IX-11c Accounting fees$3,500
IX-11d Lobbying fees$550,570
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$1,837,632
IX-12 Advertising and promotion$0
IX-13 Office expenses$29,145
IX-14 Information technology$81,206
IX-15 Royalties$1,000
IX-16 Occupancy$62,391
IX-17 Travel$68,542
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$67,926
IX-20 Interest$294,000
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)$6,098,976
IX-25 Total functional expenses$15,004,212
Part X · Balance sheet $5,491,917 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $0$4,696,247
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$775,670
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$20,000
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $0$5,491,917
X-17 Accounts payable and accrued expensesStart of year $0$1,799,432
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$10,222,751
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$5,600,000
X-26 Total liabilitiesStart of year $0$17,622,183
X-27 Net assets without donor restrictionsStart of year $0−$12,130,266
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0−$12,130,266
X-33 Total liabilities and net assetsStart of year $0$5,491,917
Part XI · Reconciliation of net assets −$12,130,266 net assets at year end
XI-1 Total revenue$14,116,561
XI-2 Total expenses$15,004,212
XI-3 Revenue less expenses−$887,651
XI-4 Net assets at start of year$0
XI-9 Other changes in net assets−$11,242,615
XI-10 Net assets at end of year−$12,130,266

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

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