Precede Foundation INC FY2021 filing

Red Hook, NY · Public charity (501(c)(3))

✓ Tax-deductible
Revenue
$241K
+474% vs prior year
Spent
$83K
To programs
57%
Net assets
$194K
By yearFY2020–FY2024
Revenue
$241K
FY2021▲ +474%
Revenue by fiscal year
FY2020$42K
FY2021$241K
FY2022$143K
FY2023$1.4M
FY2024$1.2M
Expenses
$83K
FY2021
Expenses by fiscal year
FY2020Not on file
FY2021$83K
FY2022$160K
FY2023$519K
FY2024$1.6M
Net assets
$194K
FY2021▲ +443%
Net assets by fiscal year
FY2020$36K
FY2021$194K
FY2022$177K
FY2023$1.0M
FY2024$559K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CPrecede Foundation INC
EINHdr · item D85-1199264
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFOct 2020
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CRed Hook, NY
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.trovanow.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.57 Management & general $0.11 Fundraising $0.32
Program services57%$47K
Management & general11%$9K
Fundraising32%$26K
Total functional expensesLn 25$83K

Financial health

Is it on solid ground?

Program efficiency
57%
of spending reaches programs
Operating runway
28.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+66%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$194K
FY2021
Total assets by fiscal year
FY2020Not on file
FY2021$194K
FY2022$177K
FY2023$1.0M
FY2024$607K
Total liabilities
$0
FY2021
Total liabilities by fiscal year
FY2020Not on file
FY2021$0
FY2022$0
FY2023$649
FY2024$48K
Revenue less expensesPt I · Ln 19$158K
Total assetsPt X · Ln 16$194K
Program-expense ratioPt IX · col B57%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 4pending

Balance Sheet

Part X · end of year
CashLn 1$194K
Total assetsLn 16$194K
Total liabilitiesLn 26$0
Total net assetsLn 32$194K
Months of cash on handcomputed28.2

Statement of Revenue

Part VIII
Contributions & grants100%$241K
Total revenueLn 12$241K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $194K · Operating expenses/yr $83K
28.2 months
Where the money goes
Program services
Program services $47K · Total expenses $83K
57%
Management & General
Management & general $9K · Total expenses $83K
11%
Fundraising
Fundraising $26K · Total expenses $83K
32%
Cost to raise $1
Fundraising expense $26K · Solicited contributions $241K
$0.11 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $241K · Total revenue $241K
100%
Government reliance
Government grants — · Total revenue $241K
—
Earned-income share
Program service revenue $0 · Total revenue $241K
0%
Investment reliance
Investment income $0 · Total revenue $241K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $83K
0%
Growth & trend
Revenue growth (YoY)
This year $241K · Prior year $42K
+474%
Net-asset trend (YoY)
End of year $194K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $241K · Expenses $83K
+66%
Liabilities-to-Assets
Total liabilities — · Total assets $194K
—
Net-asset ratio
Net assets $194K · Total assets $194K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $194K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Debbie Brandel · Reported title CO-PRESIDENT · Highest reported compensation $0 · Total expenses $83K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $83K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 57%——
Overhead ratio 11%——
Fundraising cost ratio 11%——
Revenue growth 474%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Co-President
$0Pt VII · Sec A
$0Pt VII · Sec A
Co-President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023
Ronald Horvat$239,400$24,877
Debbie Brandel$174,400$86,923

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.

See Precede Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 10Voting board membersPt VI · Ln 1a
  • –Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Supports international research to improve pancreatic cancer risk assessment, early detection, and prevention.

Provided by the organization

This section is blank until Precede Foundation INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $47K of program spending, described in the organization's own filed words · FY2021.
01

To support the efforts of the pancreatic cancer early detection program consortium. The consortium is an internatioanl collaborative effort, currently comprised of 35 hospitals and educational institutions, designed to transfer the landscape of pancreatic cancer risk assessment, early detetction and prevention.

$47Kprogram expense

Run this program? Claim this org to tell your story

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 8 funders →
Grants paid · 3 grants · $210K · 2021–2023

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $1.2M$1.6M-10% 990 PDF
FY2023 $1.4M$519K+869% 990 PDF
FY2022 $143K$160K-41% 990 PDF
FY2021 Viewing $241K$83K+474% 990 PDF
FY2020 $42K— 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Precede Foundation INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.