FANCONI CANCER FOUNDATION: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- FANCONI CANCER FOUNDATION (EIN 93-0995453)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-08-29
- IRS object ID
- 201822419349300822
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-08-29T11:43:56-07:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 204723636 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ISLER CPA LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1976 GARDEN AVE | AddressLine1Txt |
| City | EUGENE | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97403 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 930995453 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FANCONI ANEMIA RESEARCH FUND INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FANC | BusinessNameControlTxt |
| Phone | 5416874658 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1801 WILLAMETTE STREET NO 200 | AddressLine1Txt |
| City | EUGENE | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK PEARL | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 5416874658 | PhoneNum |
| Signature | 2018-08-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARY ISKRA | PreparerPersonNm |
| PTIN | P00051776 | PTIN |
| Phone | 5413425161 | PhoneNum |
| Preparation | 2018-08-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARK PEARL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1801 WILLAMETTE STREET NO 200 | AddressLine1Txt |
| City | EUGENE | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,465,927 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FANCONI.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Activity Or Mission | TO FIND EFFECTIVE TREATMENTS AND A CURE FOR FANCONI ANEMIA AND TO PROVIDE EDUCATION AND SUPPORT SERVICES TO AFFECTED FAMILIES WORLDWIDE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 10 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $3,096,737 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,262,131 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $82,382 | PYInvestmentIncomeAmt |
| CY Investment Income | $122,924 | CYInvestmentIncomeAmt |
| PY Other Revenue | $23,495 | PYOtherRevenueAmt |
| CY Other Revenue | $80,872 | CYOtherRevenueAmt |
| PY Total Revenue | $3,202,614 | PYTotalRevenueAmt |
| CY Total Revenue | $3,465,927 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,940,710 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $931,559 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $579,149 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $597,718 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $300,645 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $758,909 | PYOtherExpensesAmt |
| CY Other Expenses | $983,258 | CYOtherExpensesAmt |
| PY Total Expenses | $3,278,768 | PYTotalExpensesAmt |
| CY Total Expenses | $2,512,535 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$76,154 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $953,392 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $7,077,435 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,712,637 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,903,126 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,132,939 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,174,309 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,579,698 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO FIND EFFECTIVE TREATMENTS AND A CURE FOR FANCONI ANEMIA AND TO PROVIDE EDUCATION AND SUPPORT SERVICES TO AFFECTED FAMILIES WORLDWIDE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,578,824 | ExpenseAmt |
| Grant | $931,559 | GrantAmt |
| Desc | SUPPORT OF RESEARCH INTO THE CAUSE AND CURE OF FANCONI ANEMIA | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $310,338 | ExpenseAmt |
| Desc | PROVIDING EDUCATION AND SUPPORT TO FAMILIES AFFECTED BY FANCONI ANEMIA | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,889,162 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 10 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK QUINLAN | PersonNm |
| Phone | 5416874658 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1801 WILLAMETTE ST SUITE 200 | AddressLine1Txt |
| City | EUGENE | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97401 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| KEVIN MCQUEEN | |||||||
| PRESIDENT | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARK PEARL | |||||||
| VICE PRESIDE | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SHARON SCHUMAN | |||||||
| SECRETARY/TR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANDRE HESSELS | |||||||
| TREASURER | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID FIASCHETTI | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN HORRIGAN | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ORION MARX | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| RACHEL ALTMANN | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STELLA M DAVIES | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LYNN FROHNMAYER | |||||||
| BOARD MEMBER | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| BILL MCCOREY | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NANCY GOLDEN | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER PLESS | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK QUINLAN - AS OF 432017 | |||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $76,394 | $0 | $2,000 | ||
| CYNTHIA PAPPAS-THROUGH 42117 | |||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $44,173 | $0 | $2,509 | ||
| BRADLEY PRESTON | |||||||
| SCIENCE DIRE | 40.00 | $144,600 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $265,167 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $4,509 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $3,262,131 | AllOtherContributionsAmt |
| Noncash Contributions | $114,674 | NoncashContributionsAmt |
| Total Contributions | $3,262,131 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $122,924 | TotalRevenueColumnAmt |
| Exclusion | $122,924 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $80,872 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $80,872 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $80,872 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,465,927 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $80,872 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $122,924 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $931,559 | TotalAmt |
| Program Services | $931,559 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,076 | TotalAmt |
| Program Services | $102,915 | ProgramServicesAmt |
| Management And General | $10,054 | ManagementAndGeneralAmt |
| Fundraising | $12,107 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $380,743 | TotalAmt |
| Program Services | $169,764 | ProgramServicesAmt |
| Management And General | $154,488 | ManagementAndGeneralAmt |
| Fundraising | $56,491 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,252 | TotalAmt |
| Management And General | $7,252 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,195 | TotalAmt |
| Program Services | $24,892 | ProgramServicesAmt |
| Management And General | $3,593 | ManagementAndGeneralAmt |
| Fundraising | $6,710 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,452 | TotalAmt |
| Program Services | $29,068 | ProgramServicesAmt |
| Management And General | $13,021 | ManagementAndGeneralAmt |
| Fundraising | $7,363 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $758 | TotalAmt |
| Management And General | $758 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,330 | TotalAmt |
| Management And General | $16,330 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,021 | TotalAmt |
| Program Services | $472 | ProgramServicesAmt |
| Management And General | $30 | ManagementAndGeneralAmt |
| Fundraising | $3,519 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,508 | TotalAmt |
| Program Services | $43,844 | ProgramServicesAmt |
| Management And General | $49,382 | ManagementAndGeneralAmt |
| Fundraising | $27,282 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,635 | TotalAmt |
| Program Services | $26,108 | ProgramServicesAmt |
| Management And General | $15,162 | ManagementAndGeneralAmt |
| Fundraising | $6,365 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,324 | TotalAmt |
| Program Services | $21,966 | ProgramServicesAmt |
| Management And General | $1,472 | ManagementAndGeneralAmt |
| Fundraising | $5,886 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $447,442 | TotalAmt |
| Program Services | $412,573 | ProgramServicesAmt |
| Management And General | $33,599 | ManagementAndGeneralAmt |
| Fundraising | $1,270 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,836 | TotalAmt |
| Program Services | $5,120 | ProgramServicesAmt |
| Management And General | $4,321 | ManagementAndGeneralAmt |
| Fundraising | $1,395 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUPPLIES | $79,764 | $23,075 | $7,425 | $49,264 |
| SPECIAL PROJECTS | $65,194 | $27,639 | $376 | $37,179 |
| MISCELLANEOUS | $48,475 | $4,541 | $3,579 | $40,355 |
| RECRUITING | $37,630 | $20,635 | $1,600 | $15,395 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,341 | TotalAmt |
| Program Services | $44,991 | ProgramServicesAmt |
| Management And General | $286 | ManagementAndGeneralAmt |
| Fundraising | $30,064 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,512,535 | TotalAmt |
| Program Services | $1,889,162 | ProgramServicesAmt |
| Management And General | $322,728 | ManagementAndGeneralAmt |
| Fundraising | $300,645 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $184 | BOYAmt |
| EOY | $140 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,880,379 | BOYAmt |
| EOY | $1,017,890 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,422 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,196,872 | BOYAmt |
| EOY | $6,692,185 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,077,435 | BOYAmt |
| EOY | $7,712,637 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,483 | BOYAmt |
| EOY | $19,480 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,877,643 | BOYAmt |
| EOY | $1,113,459 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,903,126 | BOYAmt |
| EOY | $1,132,939 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,684,555 | BOYAmt |
| EOY | $4,816,176 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,489,754 | BOYAmt |
| EOY | $1,763,522 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,174,309 | BOYAmt |
| EOY | $6,579,698 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,077,435 | BOYAmt |
| EOY | $7,712,637 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $953,392 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $362,525 | NetUnrlzdGainsLossesInvstAmt |
| Investment Expense | -$28,028 | InvestmentExpenseAmt |
| Other Changes In Net Assets | $117,500 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,870,643 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,719,329 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,378,398 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,096,737 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,262,131 | CurrentTaxYearAmt |
| Total | $13,327,238 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,870,643 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,719,329 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,378,398 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,096,737 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,262,131 | CurrentTaxYearAmt |
| Total | $13,327,238 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,219,740 | SubstantialContributorsTotAmt |
| Public Support Total170 | $10,107,498 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $79,452 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,113 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,693 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $82,382 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $122,924 | CurrentTaxYearAmt |
| Total | $325,564 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $13,652,802 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $80,872 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.74030 | PublicSupportCY170Pct |
| Public Support PY170 | 0.78080 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENTS - CDS & CASH SWEEP | $2,783,475 | F |
| US EQUITIES | $2,380,106 | F |
| TIPS BOND ETFS | $980,663 | F |
| INTERNATIONAL EQUITIES | $547,941 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $6,692,185 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,800,424 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $362,525 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $362,525 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,437,899 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $28,028 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $28,028 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,465,927 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,395,035 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$117,500 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$117,500 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,512,535 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $2,512,535 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | FANCONI ANEMIA RESEARCH FUND, INC. IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3) AND IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF THE IRC AND AS AN ENTITY THAT QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES IN THE FINANCIAL STATEMENTS. THE ORGANIZATION CONSIDERS ANY UNCERTAIN TAX POSITIONS CONSISTENT WITH GAAP. |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | PREVIOUSLY AWARDED GRANT TERMINATED -117,500 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| STANFORD UNIVERSITY | |||||||
| STANFORD UNIVERSITY LOCKBOX | PO BOX 44253 | SAN FRANCISCO | CA | 941144253 | 941156365 | $190,940 | PREVENT DNA DAMAGE |
| BOSTON UNIVERSITY | |||||||
| 300 LONGWOOD AVE | BOSTON | MA | 021155724 | 042774441 | $175,000 | ENGINEER HEMATOP. SC | |
| YALE UNIVERSITY | |||||||
| 25 SCIENCE PARK 150 MUNSON ST | 3RD FLOOR | NEW HAVEN | CT | 06520 | 060646973 | $112,500 | CORRECT FA PHENOTYPE |
| BOSTON'S CHILDREN'S HOSPITAL | |||||||
| 300 LONGWOOD AVE | BOSTON | MA | 021155724 | 042774441 | $20,000 | METFORMIN PILOT STDY | |
| THE REGENTS OF THE UNIVERSITY OF CA | |||||||
| 2195 HEARST AVE ROOM 130 | UNIVERSITY OF CALIFORNIA | BERKELEY | CA | 947201130 | 946002123 | $125,600 | TRCTBLE GENE EDITING |
| DANA-FARBER CANCER INSTITUTE | |||||||
| 450 BROOKLINE AVE BP 451 | BOSTON | MA | 022155450 | 042263040 | $175,000 | PATHWAY INHIBITORS | |
| THE OHIO STATE UNIVERSITY | |||||||
| 1960 KENNY RD | COLUMBUS | OH | 432101016 | 316025986 | $122,568 | CANCER CHMOPREVENTN | |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE I, PAGE 1, PART I, LINE 2 | THE ORGANIZATION COMPILES A GRANT FILE FOR EACH GRANT RECIPIENT THAT HOUSES THE GRANT APPLICATION, REVIEWS CONDUCTED BY OUTSIDE REVIEWERS, THE PROPOSAL REVIEW COMMITTEE'S REPORT, A CV FOR ALL OF THOSE PARTICIPATING IN THE PROJECT AND A SIGNED ACCEPTANCE OF AWARD. THIS DOCUMENT MUST BE SIGNED BY THE PRINCIPAL INVESTIGATOR AND THE OFFICIAL SIGNING AUTHORITY OF THE INSTITUTION WHERE THE RESEARCH WILL BE PERFORMED. TO MONITOR THE USE OF FUNDS, FINANCIAL AND RESEARCH REPORTS ARE REQUIRED ON AN ANNUAL BASIS DURING THE LIFE OF THE GRANT AND REVIEWED BY THE DEPUTY DIRECTOR TO ENSURE FUNDS ARE BEING USED APPROPRIATELY IN ADDITION TO BEING REVIEWED BY THE PROPOSAL REVIEW COMMITTEE AND THE BOARD. |
| SCHEDULE I, PAGE 4, PART IV | FURTHER DETAIL ON PURPOSE OF GRANT/ASSISTANCE BY LINE: PART II, LINE 1 - THE PREVENTION OF DNA DAMAGE IN FANCONI ANEMIA HSC BY ALDH ACTIVATORS. PART II, LINE 2 - ENGINEERING FANCONI ANEMIA HEMATOPOIETIC STEM CELLS FOR HUMAN IPS CELLS. PART II, LINE 3 - USE OF TRIPLEX-FORMING PNAS AS A STRATEGY FOR CORRECTION OF THE FA PHENOTYPE. PART II, LINE 4 - PILOT STUDY OF METFORMIN FOR PATIENTS WITH FANCONI ANEMIA. PART II, LINE 5 - DEFINING TRACTABLE APPROACHES FOR GENE EDITING OF FANCONI ANEMIA HEMATOPOIETIC STEM CELLS. PART II, LINE 6 - TGF-B PATHWAY INHIBITORS FOR THE TREATMENT OF BONE MARROW FAILURE IN FA. PART II, LINE 7 - FIELD COVERAGE CANCER CHMOPREVENTION VIA JANUS NANOPARTICLES. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $114,674 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PAGE 2, PART II | FormAndLineReferenceDesc |
| Explanation | ALL NON-CASH CONTRIBUTIONS ARE REVIEWED AND DEPOSITED ONCE A MONTH BY THE FINANCE COORDINATOR, AND THEN ARE REVIEWED AGAIN DURING MONTH END CLOSING REPORT REVIEW BY THE EXECUTIVE DIRECTOR. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 WILL BE PREPARED FOR A BOARD MEETING DURING THE YEAR AT WHICH TIME A FINAL DRAFT VERSION WILL BE SHARED WITH THE BOARD AND APPROVED BY VOTE PRIOR TO SUBMITTING THE 990 TO THE OFFICIALS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | BOARD MEMBERS ANNUALLY STATE ANY REAL OR POTENTIAL CONFLICTS OF INTEREST ON A CONFLICT OF INTEREST DISCLOSURE FORM. |
| FORM 990, PAGE 6, PART VI, LINE 15A | NO INDEPENDENT REVIEW WAS CONDUCTED FOR THIS POSITION. WAGE FOR THIS POSITION IS SET BY THE BOARD PRESIDENT BY REVIEWING SELF- CONDUCTED MARKET RESEARCH. |
| FORM 990, PAGE 6, PART VI, LINE 15B | EMPLOYEE COMPENSATION WAS EVALUATED BY COLLECTING COMPARABLE DATA FROM NON- PROFIT, STATE, AND COUNTY SOURCES IN ADDITION TO WAGE ANALYSIS REVIEW BY INDEPENDENT PERSONS WHICH WAS THEN USED TO FORMULATE WAGES BY THE EXECUTIVE DIRECTOR AND APPROVED BY THE EXECUTIVE COMMITTEE BEFORE IMPLEMENTATION. |
| FORM 990, PAGE 6, PART VI, LINE 17 | MASSACHUSETTS, MARYLAND, MAINE, MICHIGAN, MINNESOTA, MISSISSIPPI, NORTH CAROLINA, NORTH DAKOTA, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, OHIO, OKLAHOMA, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, TENNESSEE, UTAH, VIRGINIA, WASHINGTON, WISCONSIN, WEST VIRGINIA |
| FORM 990, PAGE 6, PART VI, LINE 19 | WHEN GOVERNING DOCUMENTS OR THE CONFLICT OF INTEREST POLICY ARE REQUESTED, A COPY IS MADE AND MAILED TO THE REQUESTING PARTY. THE ANNUAL 990 AND AUDIT REPORT ARE ON THE ORGANIZATION'S WEBSITE AND COPIES ARE ALSO ISSUED WHEN REQUESTED. |
| FORM 990, PART XI, LINE 9 | TERMINATION OF PREV. AWARDED GRANTS 117,500 A PREVIOUSLY AWARDED PROGRAM GRANT WAS TERMINATED DUE TO THE GRANTEE NOT COMPLETING THE PROCESS IN WHICH WAS STATED IN THE PROPOSAL FOR THE GRANT. |
| FORM 990, PAGE 12, PART XII, LINE 2C | THE AUDIT OF THE FINANCIAL STATEMENTS WAS PREVIOUSLY OVERSEEN BY THE DEPUTY AND EXECUTIVE DIRECTORS. THE DEPUTY DIRECTOR'S POSITION WAS ELIMINATED IN JANUARY 2017. THE REVIEW PROCESS HAS CHANGED AS NOW THE REVIEW OF THE FINANCIAL STATEMENTS IS OVERSEEN ONLY BY THE EXECUTIVE DIRECTOR AND REVIEWED BY THE BOARD. THERE WAS NO CHANGE IN SELECTION OF THE INDEPENDENT ACCOUNTANT. |
Comments