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CHARITY REVIEW
Issued: June 2024 Expires: June 2026

Sarcoma Foundation of America

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
9899 Main Street, Suite 204
Damascus, MD, 20872

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Sarcoma Foundation of America meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to advocate for sarcoma patients by funding research and by increasing awareness about the disease."

Year, State Incorporated:
2000, MD

Sarcoma Foundation of America (SFA) reports that it provides grants for sarcoma researchers and conducts education and advocacy efforts to find new and better therapies to treat patients with sarcoma. Education efforts include outreach to governments, corporations, and other non-profit organizations on the needs and treatment of sarcoma patients. SFA also educates sarcoma patients in the latest scientific developments and treatments for their individual care.

For the year ended December 31, 2022, Sarcoma Foundation of America's program expenses were:

Program services: $2,162,071

Total Program Expenses: $2,162,071

Chief Executive
Brandi Felser, Chief Executive Officer

Compensation*
$224,220

Chair of the Board
Mark Thornton, MD,PhD

Chair's Profession / Business Affiliation
Senior Clinical and Regulatory Consultant, Biologics Consulting Group

Board Size
9

Paid Staff Size
15

*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio

SFA incurred joint costs of $61,064 for informational materials and activities that included fundraising materials. Of those costs $26,991 was allocated to fundraising expenses, $25,823 was allocated to program expenses, and $8,250 was allocated to administrative expenses.

Fundraising costs were 9% of related contributions. (Related contributions, which totaled $3,699,190, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Sarcoma Foundation of America's audited financial statements for the year ended December 31, 2022.

Source of Funds
In-kind contributions $53,996
Special events, net $1,327,659
Contributions and grants $2,317,535
Other income $641
Investment income, net $-897,510
Total Income $2,802,321

Programs: 76% Fundraising: 12% Administrative: 12%

Total Income $2,802,321
Total expenses: $2,858,563
  Program expenses $2,162,071
  Fundraising expenses $339,851
  Administrative expenses $356,641
  Other expenses $0
Income in Excess of Expenses $-56,242
Beginning Net Assets $9,322,668
Other Changes In Net Assets $0
Ending Net Assets $9,266,426
Total Liabilities $539,176
Total Assets $9,805,602

Note: According to SFA's 2022 audited financial statements, the organization received $53,996 in contributed goods and services.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Wise Giving Alliance