2021-11-08T17:48:38-06:00 2020-12-31 953001179 WINDES INC PO BOX 87 LONG BEACH CA 908010087 990 2020-01-01 208730839 LUNG CANCER FOUNDATION OF AMERICA LUNG 5073541361 15 S FRANKLIN STREET NEW ULM MN 56073 DAVID STURGES FOUNDER & TREASURER 5073541361 2021-11-04 1 DAVID STURGES 999009999 DONITA M JOSEPH P00286656 5624351191 2021-11-04 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JIM BARANSKI 15 S FRANKLIN STREET NEW ULM MN 56073 1432839 0 X N/A X 2007 MN THE MISSION OF LUNG CANCER FOUNDATION OF AMERICA (LCFA) IS THE DRAMATIC IMPROVEMENT IN SURVIVORSHIP OF LUNG CANCER PATIENTS THROUGH THE FUNDING OF TRANSFORMATIVE SCIENCE, WITH THE ULTIMATE GOAL OF CURING THE DISEASE. TO ACCOMPLISH THIS, LCFA HAS WORKED TO RAISE BOTH THE FUNDS AND THE NATIONAL PROFILE OF LUNG CANCER IN ORDER TO SUBSTANTIALLY INCREASE SUPPORT OF INNOVATIVE AND GROUNDBREAKING RESEARCH EFFORTS. 11 9 2 121 0 0 1005221 1431119 0 0 6302 1720 -8332 0 1003191 1432839 600000 600000 0 0 267339 254370 8215 0 149456 433408 497159 1308962 1351529 -305771 81310 1317950 1558916 748438 908094 569512 650822 X LCFA'S MISSION IS THE IMPROVEMENT IN SURVIVORSHIP OF LUNG CANCER PATIENTS THROUGH THE FUNDING OF TRANSFORMATIVE SCIENCE. WHILE RAISING FUNDS TO SUPPORT LUNG CANCER RESEARCH, LCFA WILL RAISE THE PUBLIC'S AWARENESS AND SERVE AS A RESOURCE FOR PATIENTS OR ANYONE SEEKING ANSWERS, HOPE, AND ACCESS TO UPDATED TREATMENT INFORMATION, SCIENTIFIC INVESTIGATION, AND CLINICAL TRIALS. 0 0 600000 600000 YOUNG INVESTIGATOR LUNG CANCER RESEARCH GRANTS 261161 LUNG CANCER PUBLIC AWARENESS 261160 PATIENT EDUCATION 1122321 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 5 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR AK CA CO CT DE FL GA HI ID IL IN IA KS KY LA MN MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY X GINA CRUZ 5073541361 15 S FRANKLIN STREET NEW ULM MN 56073 KIM NORRIS PRESIDENT 30.00 X X 0 0 11252 DAVID STURGES TREASURER 10.00 X X 0 0 0 SUSAN MANDEL MD SECRETARY 10.00 X X 0 0 0 MARTA KAUFFMAN DIRECTOR 1.00 X 0 0 0 ROBERT FIGLIN MD FACP DIRECTOR 1.00 X 0 0 0 DAVID T LEVINSON DIRECTOR 1.00 X 0 0 0 MARTIN EDELMAN DIRECTOR 1.00 X 0 0 0 CAROLYN ZAINER DIRECTOR 1.00 X 0 0 0 MICHELLE SAYER DIRECTOR 1.00 X 0 0 0 JIM BARANSKI EXECUTIVE DIRECTOR 40.00 X X 150000 0 14936 TRISH COURY DIRECTOR 1.00 X 0 0 0 150000 0 26188 1 0 1 0 M&C COMMUNICATIONS 6464 S QUEBEC STREET 200 CENTENNIAL CO 80111 COMMUNICATION SERVICES 170372 1 3878 42200 1385041 1431119 1720 1720 1432839 0 0 1720 X 400000 400000 200000 200000 176188 88094 17619 70475 62402 31201 6240 24961 15780 7890 1578 6312 34416 34416 394612 343457 6255 44900 15950 15950 7759 7320 439 2204 2204 9307 6798 2509 21724 21611 113 7617 7617 OTHER EXPENSES 3570 3384 186 1351529 1122321 79752 149456 459195 328269 323295 644392 535460 578200 0 8055 1317950 1558916 23438 33094 725000 875000 748438 908094 X 295162 235885 274350 414937 569512 650822 1317950 1558916 81310 0 X 0 1 X 1 0 X 516372 844482 1359997 1005221 1431119 5157191 516372 844482 1359997 1005221 1431119 5157191 2598075 2559116 607 1389 2117 6302 1720 12135 5169326 0.49510 0.57170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1432839 0 1432839 0 1432839 1351529 0 1351529 0 1351529 PART X, LINE 2: FIN 48: THE FOUNDATION HAS RECEIVED TAX-EXEMPT STATUS FROM THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS ITS POSITION OF BEING TAX EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE FOUNDATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL AND STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES GRANTMAKING 200000 0 0 0 0 0 0 200000 0 200000 YOUNG INVESTIGATOR LUNG CANCER RESEARCH GRANT EUROPE (INCLUDING ICELAND & GREENLAND) 1 200000 0 0 0 0 0 0 PART I, LINE 2: ANNUAL PROGRESS REPORTS MAY BE REQUESTED AND MUST BE COMPLETED TO ASSIST LCFA/IASLC IN SHAPING FUTURE POLICIES WITH RESPECT TO ITS AWARD PROGRAM. AN ANNUAL PROGRESS REPORT MUST BE RECEIVED WITHIN 45 DAYS AFTER THE END OF THE FIRST YEAR OF THE AWARD BEFORE CONSIDERATION WILL BE GIVEN FOR RENEWAL OF THE GRANT AWARD FOR THE SECOND YEAR. A FINAL REPORT MUST BE RECEIVED WITHIN 90 DAYS AFTER THE CONCLUSION OF THE SECOND YEAR OF THE AWARD. PART I, LINE 3: THE ACCRUAL METHOD OF ACCOUNTING IS USED TO REPORT THESE EXPENDITURES. PART III ACCOUNTING METHOD: 1 YOUNG INVESTIGATOR LUNG CANCER RESEARCH GRANT 2 400000 PART I, LINE 2: DESCRIBE THE ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES: GRANT RECIPIENTS MUST PROVIDE THE FOLLOWING INFORMATION FOR CONSIDERATION: - PLANNED SPECIFIC AIMS. - RATIONALE FOR THE PROJECT TOGETHER WITH BACKGROUND, SIGNIFICANCE AND INNOVATION OF PROPOSAL. - BRIEF STATEMENT OF THE OVERALL EXPERIMENTAL APPROACH. - BRIEF STATEMENT DESCRIBING THE CLINICAL CONTEXT IN WHICH THE BIOMARKER OR RESEARCH PROJECT WILL BE USED AND THE QUANTITATIVE/PERFORMANCE THAT YOUR BIOMARKER SHOULD ACHIEVE TO SHOW CLINICAL UTILITY. - NIH BIOSKETCH OF THE APPLICANT(S) BUDGET, INCLUDING PERSONNEL, SUPPLIES, PUBLICATION COSTS, TRAVEL, CLINICAL TRIAL COSTS, ANIMAL COSTS. - AT THE END OF THE FIRST AND SECOND YEAR OF A GRANT TERM EACH GRANT RECIPIENT IS REQUIRED TO PROVIDE LCFA WITH AN OVERVIEW OF THE RESEARCH CONDUCTED TOGETHER WITH RESULTS AND MUST ALSO PROVIDE A STATEMENT OF EXPENSES. X 0 0 0 0 0 0 0 0 0 JIM BARANSKI EXECUTIVE DIRECTOR 150000 0 0 0 0 0 0 0 14936 0 164936 0 0 0 JULIE LEVINSON SISTER OF BOARD MEMBER DAVID T. LEVINSON. 18000 FREELANCE COPYWRITER 0 FORM 990, PART VI, SECTION B, LINE 11B DESCRIBE THE PROCESS USED BY THE ORGANIZATION TO REVIEW THIS FORM 990: THE DRAFT FORM 990 IS REVIEWED BY THE LCFA CORPORATE OFFICERS, AND THEN SUBMITTED TO THE LCFA BOARD OF DIRECTORS FOR REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C DID THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITOR THE CONFLICT OF INTEREST POLICY? LCFA'S CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND EACH DIRECTOR, OFFICER AND SENIOR STAFF MEMBER WILL CERTIFY ANNUALLY THAT HE OR SHE HAS RECEIVED, READ, UNDERSTOOD AND IS IN COMPLIANCE WITH, THE POLICY. IT IS THE RESPONSIBILITY OF EACH OFFICER AND DIRECTOR OF THE CORPORATION TO DISCHARGE HIS OR HER DUTIES AS A DIRECTOR AND OFFICER IN GOOD FAITH, IN A MANNER THE PERSON REASONABLY BELIEVES TO BE IN THE BEST INTERESTS OF THE CORPORATION, AND WITH THE CARE AN ORDINARILY PRUDENT PERSON IN A LIKE POSITION WOULD EXERCISE UNDER SIMILAR CIRCUMSTANCES. FORM 990, PART VI, SECTION B, LINE 15 DID THE PROCESS TO DETERMINE COMPENSATION INCLUDE A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABLE DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION? LCFA IS REGULARLY AND CONSISTENTLY MONITORING THE PERFORMANCE AND SALARY OF THE EXECUTIVE DIRECTOR, OTHER OFFICERS, AND KEY EMPLOYEES. LCFA UTILIZED A COMPENSATION STUDY AND A COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 DESCRIBE HOW THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMETNS AVAILABLE TO THE PUBLIC: LCFA MAKES ALL GOVERNING DOCUMENTS AND FINANCIAL INFORMATION AVAILABLE TO THE PUBLIC ON REQUEST. FORM 990, PART IX, LINE 11G EDUCATION AWARENESS: PROGRAM SERVICE EXPENSES 287,313. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 287,313. PATIENT EDUCATION: PROGRAM SERVICE EXPENSES 29,840. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,840. SPEAKERS BUREAU: PROGRAM SERVICE EXPENSES 26,304. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,304. PROFESSIONAL COMPLIANCE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 230. FUNDRAISING EXPENSES 16,580. TOTAL EXPENSES 16,810. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,025. FUNDRAISING EXPENSES 28,320. TOTAL EXPENSES 34,345. FORM 990, PART XIII, LINE 1E, GOVERNMENT GRANTS: PPP LOAN FORGIVENESS IN MARCH 2020, CONGRESS PASSED THE PAYCHECK PROTECTION PROGRAM (PPP), AUTHORIZING LOANS TO SMALL BUSINESSES FOR USE IN PAYING EMPLOYEES THAT THEY CONTINUE TO EMPLOY THROUGHOUT THE COVID-19 PANDEMIC AND FOR RENT, UTILITIES AND INTEREST ON MORTGAGES. LOANS OBTAINED THROUGH THE PPP ARE ELIGIBLE TO BE FORGIVEN AS LONG AS THE PROCEEDS ARE USED FOR QUALIFYING PURPOSES AND CERTAIN OTHER CONDITIONS ARE MET. IN APRIL 2020, THE FOUNDATION RECEIVED A LOAN IN THE AMOUNT OF $42,200 THROUGH THE PAYCHECK PROTECTION PROGRAM (PPP LOAN). TO THE EXTENT IT IS NOT FORGIVEN, THE FOUNDATION WOULD BE REQUIRED TO REPAY THAT PORTION AT AN INTEREST RATE OF 1% OVER A PERIOD OF TWO YEARS, BEGINNING NOVEMBER 2020 WITH A FINAL INSTALLMENT IN APRIL 2022. SUBSEQUENT TO YEAR-END, THE FOUNDATION WAS NOTIFIED BY THE SBA THAT THE ENTIRE LOAN AMOUNT WAS FORGIVEN. AS OF DECEMBER 31, 2020, THE FOUNDATION SPENT THE ENTIRE LOAN AMOUNT ON QUALIFYING COSTS AND HAS CHOSEN TO RECOGNIZE THAT PORTION OF THE LOAN AS FORGIVEN, RECOGNIZING THE FORGIVENESS AS REVENUE AND INCLUDED IN OTHER INCOME IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS.