PROSTATE CANCER FOUNDATION OF CHICAGO

EIN: 203371789 501(c)(3) Medical Research

SCHAUMBURG, IL

Total Revenue
$427,055
Total Expenses
$427,404
Total Assets
$773,698
Net Assets
$773,698
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Principal Officer
MIKE DROBNIK
Phone
6302480717
Tax Period
2024-01-01 to 2024-12-31

PROSTATE CANCER FOUNDATION OF CHICAGO, founded in 2005, is a small nonprofit in the Medical Research sector that reported $427K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

IMPROVE QUALITY OF CARE AND LIFE THROUGH PATIENT SUPPORT PROGRAMS, CLINICAL RESERCH, AND PROFESSIONAL/PUBLIC EDUCATION. PROMOTE PUBLIC AWARENESS, CANCER PREVENTION, DETECTION AND TREATMENT OPTIONS TO PROSTATE CANCER PATIENTS, THEIR FAMILIES AND MEDICAL PROFESSIONALS.

Program Service Accomplishments

Program 1
Expenses: $272,796

DEDICATED TO IMPROVING QUALITY OF CARE AND QUALITY OF LIFE BY FUNDING PATIENT SUPPORT PROGRAMS, CLINICAL RESERACH AS WELL AS PROFESSIONAL AND PUBLIC EDUCATION. THE GOAL IS TO FURTHER PROMOTE PUBLICE...

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DEDICATED TO IMPROVING QUALITY OF CARE AND QUALITY OF LIFE BY FUNDING PATIENT SUPPORT PROGRAMS, CLINICAL RESERACH AS WELL AS PROFESSIONAL AND PUBLIC EDUCATION. THE GOAL IS TO FURTHER PROMOTE PUBLICE AWARENESS, CANCER PREVENTION, DETECTION AND TREATMENT OPTIONS TO ALL PROSTATE CANCER PATIENTS, THEIR FAMILIES AND MEDICAL PROFESSIONALS INVOLVED IN THE DIAGNOSIS AND TREATMENT OF PROSTATE CANCER.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $398,851
Program Service Revenue $0
Investment Income $28,204
Other Revenue $0
TOTAL REVENUE $427,055

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $129,260
Fundraising Expenses $82,544
Program Expenses $272,796
Other Expenses $198,144
TOTAL EXPENSES $427,404

Year-over-Year Comparison

2024 2023 Change
Revenue $427,055 $334,147 +0.3%
Expenses $427,404 $266,707 +0.6%
Net Income $-349 $67,440 -1.0%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN AGUZINO VICE PRESIDE N/A
Officer Director
$0 $0 $0
RICH AUGUSTINE DIRECTOR N/A
Director
$0 $0 $0
BOB BARNETT VICE PRESIDE N/A
Director
$0 $0 $0
VERZELL CARTER DIRECTOR N/A
Director
$0 $0 $0
MIKE CEBRY DIRECTOR N/A
Director
$0 $0 $0
MIKE DROBNIK PRESIDENT N/A
Officer Director
$0 $0 $0
ANDY ERICKSON DIRECTOR N/A
Director
$0 $0 $0
BEJAN FAKOURI DIRECTOR N/A
Director
$0 $0 $0
MARY ANN HOLLIS DIRECTOR N/A
Director
$0 $0 $0
BETSY MORAN DIRECTOR N/A
Director
$0 $0 $0
JOHN SCIACOTTA DIRECTOR N/A
Director
$0 $0 $0
JEFF SOFTCHECK DIRECTOR N/A
Director
$0 $0 $0
JOE SERNA DIRECTOR N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $427,055 $427,404 $773,698 $-349
2023 $283,573 $216,132 $774,048 $67,441
2022 $286,924 $146,473 $706,607 $140,451
2019 $442,863 $128,567 $330,161 $314,296
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