Asco Association FY2021 filing

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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.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$1.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2021 · 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
$1.3M
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
6 mo
of spending, in cash
Looks good: 6.4 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
244% of total assets
Concern: liabilities are 244% of assets; over 80%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$14.3M
+1% vs prior year
Spent
$12.5M
Net assets
−$10.4M
By yearFY2020–FY2024
Revenue
$14.3M
FY2021▲ +1%
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
$12.5M
FY2021▼ -16%
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
−$10.4M
FY2021▲ +14%
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 FY2021 Form 990 · figures checked against the IRS filing · 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 May 2019.

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

Who runs it and what they're paid

28 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation
Vice President,member Serv
$254,248Pt VII · Sec A
Div. Director, Policy/Adv
$242,588Pt VII · Sec A
Director, Reg Affairs
$181,772Pt VII · Sec A
Div Dir, Memberships
$162,071Pt VII · Sec A
Director, Govt. Affairs
$152,214Pt VII · Sec A
Senior Director, Fed/St
$143,900Pt VII · Sec A
Dir, Affiliate Relations
$143,449Pt VII · Sec A
Board Member (partial Yr)
$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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3 programs · in their own filed words · FY2021
01

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
02

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
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 FY2021 990, line by line.

1The main four
Money inPt VIII
$14.3M
Ln 12
Fees for servicesLn 2g$14.2M
Gifts and grantsLn 1h$74K
Other incomeLn 4–11$36K
Money outPt IX
$12.5M
Ln 25
Owns and owesPt X
−$10.4M
net assets · Ln 32
Cash and savingsLn 1–2$6.7M
Total assetsLn 16$7.2M
LiabilitiesLn 26$17.6M
PeoplePt VI, VII
28
listed · VII A
PaidVII A7
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$74K
Fees for servicesLn 2g$14.2M
Other incomeLn 4–11$36K
Total revenueLn 12$14.3M
Assets in detailPt X, end of year
CashLn 1$6.7M
Cash and savings togetherLn 1–2$6.7M
Other assetsLn 15$325K
Total assetsLn 16$7.2M
LiabilitiesLn 26$17.6M
Net assetsLn 32−$10.4M
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 FY21End FY21
Cash and savingsLn 1–2$4.7M$6.7M
Total assetsLn 16$5.5M$7.2M
LiabilitiesLn 26$17.6M$17.6M
Net assetsLn 32−$12.1M−$10.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$105K
Pay of current officers, directors and key staffLn 5$545K
Other salaries and wagesLn 7$3.9M
Pension plan contributionsLn 8$332K
Other employee benefitsLn 9$363K
Payroll taxesLn 10$296K
Legal feesLn 11b$2K
Accounting feesLn 11c$18K
Lobbying feesLn 11d$303K
Other fees for servicesLn 11g$914K
Advertising and promotionLn 12$97K
Office expensesLn 13$108K
Information technologyLn 14$30K
OccupancyLn 16$1.2M
TravelLn 17$8K
Conferences, conventions and meetingsLn 19$900
InterestLn 20$271K
Other expenses (24a–d)Ln 24$4.1M
Total functional expensesLn 25$12.5M

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 Viewing $14.3M$12.5M$1.7M−$10.4M 990 PDF
FY2020 $14.1M$15.0M−$888K−$12.1M 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 J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $14,262,965 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $23,794$74,000
I-9 Program service revenuePrior year $13,974,463$14,153,284
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $118,304$35,681
I-12 Total revenuePrior year $14,116,561$14,262,965
I-13 Grants and similar amounts paidPrior year $0$105,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $5,871,379$5,390,547
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $9,132,833$7,035,496
I-18 Total expensesPrior year $15,004,212$12,531,043
I-19 Revenue less expensesPrior year −$887,651$1,731,922
Part VI · Governance 12 of 12 board members independent, 2 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
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 $14,262,965 across 6 lines filed
VIII-1d Related organizations$46,000
VIII-1f All other contributions, gifts and grants$28,000
VIII-1h Total contributions, gifts and grants$74,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $13,359,554 · Unrelated business $793,730$14,153,284
VIII-5 RoyaltiesExcluded from tax $35,681$35,681
VIII-12 Total revenueRelated to mission $13,359,554 · Unrelated business $793,730 · Excluded from tax $35,681$14,262,965
Part IX · Statement of functional expenses $12,531,043 across 18 lines filed
IX-1 Grants to domestic organizations$105,000
IX-5 Pay of current officers, directors and key staff$545,473
IX-7 Other salaries and wages$3,853,676
IX-8 Pension plan contributions$331,887
IX-9 Other employee benefits$363,204
IX-10 Payroll taxes$296,307
IX-11b Legal fees$2,040
IX-11c Accounting fees$17,500
IX-11d Lobbying fees$303,075
IX-11g Other fees for services$914,145
IX-12 Advertising and promotion$97,328
IX-13 Office expenses$108,360
IX-14 Information technology$29,908
IX-16 Occupancy$1,176,625
IX-17 Travel$7,660
IX-19 Conferences, conventions and meetings$900
IX-20 Interest$270,897
IX-24 Other expenses (24a–d)$4,107,058
IX-25 Total functional expenses$12,531,043
Part X · Balance sheet $7,233,977 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $4,696,247$6,730,303
X-4 Accounts receivableStart of year $775,670$164,903
X-9 Prepaid expenses and deferred chargesStart of year $20,000$13,751
X-15 Other assetsStart of year $0$325,020
X-16 Total assetsStart of year $5,491,917$7,233,977
X-17 Accounts payable and accrued expensesStart of year $1,799,432$224,365
X-19 Deferred revenueStart of year $10,222,751$11,651,922
X-25 Other liabilitiesStart of year $5,600,000$5,756,034
X-26 Total liabilitiesStart of year $17,622,183$17,632,321
X-27 Net assets without donor restrictionsStart of year −$12,130,266−$10,398,344
X-32 Total net assets or fund balancesStart of year −$12,130,266−$10,398,344
X-33 Total liabilities and net assetsStart of year $5,491,917$7,233,977
Part XI · Reconciliation of net assets −$10,398,344 net assets at year end
XI-1 Total revenue$14,262,965
XI-2 Total expenses$12,531,043
XI-3 Revenue less expenses$1,731,922
XI-4 Net assets at start of year−$12,130,266
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$10,398,344

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

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