HOPE FUNDS FOR CANCER RESEARCH

EIN: 205799367 501(c)(3) Medical Research

NEWPORT, RI

Total Revenue
$995,442
Total Expenses
$816,482
Total Assets
$1,381,790
Net Assets
$801,990
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
RI
Principal Officer
Tracy Wilson Kooyman
Phone
4018473286
Tax Period
2025-01-01 to 2025-12-31

HOPE FUNDS FOR CANCER RESEARCH, founded in 2006, is a small nonprofit in the Medical Research sector that reported $995K in total revenue in fiscal year 2025. Revenue surged 91% from the prior year, signaling strong growth momentum. The organization ran a surplus of $179K, a strong 18% operating margin.

Mission

The mission of Hope Funds for Cancer Research is to encourage investigation of innovative cancer treatment and detection for the most difficult to treat and understudied cancers. The organization supports scientific and medical research programs relating to both cancer care and prevention.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,023,420
Program Service Revenue $0
Investment Income $33,248
Other Revenue $-61,226
TOTAL REVENUE $995,442

Expense Breakdown

Grants Paid $659,248
Salaries & Benefits $0
Fundraising Expenses $47,924
Program Expenses $714,211
Other Expenses $157,234
TOTAL EXPENSES $816,482

Year-over-Year Comparison

2025 2024 Change
Revenue $995,442 $520,106 +0.9%
Expenses $816,482 $523,348 +0.6%
Net Income $178,960 $-3,242 -56.2%
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
21
Independent Members
21
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
0
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bryan Williams Trustee 0.50
Director
$0 $0 $0
Cayce Beam Trustee 0.50
Director
$0 $0 $0
Katherine Dean Trustee 0.50
Director
$0 $0 $0
Leah Rush Cann Trustee 0.50
Director
$0 $0 $0
Nicholas DiLoreto Trustee 0.50
Director
$0 $0 $0
Elizabeth Griffin Trustee 0.50
Director
$0 $0 $0
Adrian Hobden Trustee 0.50
Director
$0 $0 $0
Gary Jobson non-voting Trustee 0.50
Director
$0 $0 $0
Elsa Beyer Krall Trustee 0.50
Director
$0 $0 $0
Robert Johnson Trustee 0.50
Director
$0 $0 $0
Charles Holmes Trustee 0.50
Director
$0 $0 $0
Andrew Mullen Trustee 0.50
Director
$0 $0 $0
Eugene Kennedy Trustee 0.50
Director
$0 $0 $0
Bluma Lesch Trustee 0.50
Director
$0 $0 $0
Juan Manuel Schvartzman Trustee 0.50
Director
$0 $0 $0
John E Parks Trustee 0.50
Director
$0 $0 $0
Andrew Robertson Trustee 0.50
Director
$0 $0 $0
Sohail Tavazoie Trustee 0.50
Director
$0 $0 $0
John Wells Trustee 0.50
Director
$0 $0 $0
Gregory Van Schaack Trustee 0.50
Director
$0 $0 $0
Tracy Wilson Trustee 0.50
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
2025 $995,442 $816,482 $1,381,790 $178,960
2024 $520,106 $523,348 $1,066,538 $-3,242
2023 $752,347 $516,774 $1,031,079 $235,573
2022 $316,970 $268,996 $890,707 $47,974
2021 $743,798 $840,616 $971,860 $-96,818
2020 $439,679 $550,048 $889,907 $-110,369
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