Pancreatic Cancer Action Network meets the 20 Standards for Charity Accountability.
The Pancreatic Cancer Action Network (PanCAN) reports that it is a nationwide network of people dedicated to working together to end pancreatic cancer. The organization uses a results-oriented comprehensive strategy to fund and advance private research, advocate for increased federal research funding, provide services and support to patients, and raise awareness in communities across the nation. In 2019, PanCAN reports that it raised more than $14 million through its awareness events, provided resources and support to 40,249 patients, caregivers, and healthcare professionals, and registered 650 individuals for National Pancreatic Cancer Advocacy Day in Washington, D.C.
For the year ended June 30, 2019, Pancreatic Cancer Action Network's program expenses were:
Research |
$15,837,193 |
Community engagement |
$8,013,690 |
Patient services |
$3,748,725 |
Advocacy |
$1,153,154 |
Total Program Expenses: |
$28,752,762 |
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Chief Executive
Julie Fleshman, President and Chief Executive Officer
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Compensation*
$522,698
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Chair of the Board
Hilarie Koplow-McAdams
-
Chair's Profession / Business Affiliation
Venture Partner, New Enterprise Associates
-
Board Size
12
-
Paid Staff Size
149
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Cause- related marketing (affinity credit cards, consumer product sales, etc.), Television, Other
Fundraising costs were 9% of related contributions. (Related contributions, which totaled $40,769,943, 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 Pancreatic Cancer Action Network's audited financial statements for the year ended June 30, 2019.
Source of Funds |
Contributions |
$26,020,904 |
Special events, net |
$14,749,039 |
Investment return |
$1,208,547 |
Store sales, net |
$56,859 |
Other income |
$4,740 |
Total Income |
$42,040,089 |
- Programs: 81%
- Fundraising: 10%
- Administrative: 9%
Total Income |
$42,040,089 |
Program expenses |
$28,752,762 |
Fundraising expenses |
$3,709,880 |
Administrative expenses |
$3,374,965 |
Other expenses |
$0 |
Total expenses: |
$35,837,607 |
Income in Excess of Expenses |
$6,202,482 |
Beginning Net Assets |
$42,834,796 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$49,037,278 |
Total Liabilities |
$16,038,137 |
Total Assets |
$65,075,415 |
Note: According to the organization's audited financial statements for the year ended June 30, 2019, PanCAN received in-kind gifts totaling $259,907 in the form of donated sports event tickets ($116,390), gift cards and goods ($75,801), food ($32,212), works of art ($18,000), miscellaneous event services ($10,400), and clothing and household goods ($7,104).