KAY YOW CANCER FOUNDATION INC

EIN: 261789695 501(c)(3) Education

DURHAM, NC

Total Revenue
$2,844,785
Total Expenses
$2,330,556
Total Assets
$6,660,761
Net Assets
$6,550,092
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NC
Principal Officer
JENNY PALMATEER
Phone
9196593301
Tax Period
2024-09-01 to 2025-08-31

KAY YOW CANCER FOUNDATION INC, founded in 2007, is a community nonprofit in the Education sector that reported $2.8M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $514K, a strong 18% operating margin.

Mission

THE FOUNDATION IS COMMITTED TO FINDING AN ANSWER IN THE FIGHT AGAINST ALL CANCERS AFFECTING WOMEN THROUGH SCIENTIFIC RESEARCH AND PROVIDING ACCESS TO QUALITY CANCER HEALTHCARE FOR UNDERSERVED WOMEN.

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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 $2,295,303
Program Service Revenue $0
Investment Income $200,671
Other Revenue $348,811
TOTAL REVENUE $2,844,785

Expense Breakdown

Grants Paid $750,000
Salaries & Benefits $974,691
Fundraising Expenses $135,358
Program Expenses $1,986,829
Other Expenses $605,865
TOTAL EXPENSES $2,330,556

Year-over-Year Comparison

2024 2023 Change
Revenue $2,844,785 $2,504,291 +0.1%
Expenses $2,330,556 $2,412,869 0.0%
Net Income $514,229 $91,422 +4.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
13
Volunteers
151

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
1
$204,482
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNY PALMATEER CEO 40.00
Officer
$181,720 $22,762 $204,482
FELICIA HALL ALLEN BOARD MEMBER 2.00
Director
$0 $0 $0
DEBBIE ANTONELLI BOARD MEMBER 2.00
Director
$0 $0 $0
DANIELLE DONEHEW BOARD MEMBER 2.00
Director
$0 $0 $0
NIKKI FARGAS BOARD MEMBER 2.00
Director
$0 $0 $0
NORA LYNN FINCH BOARD MEMBER 2.00
Director
$0 $0 $0
STEPHANIE GLANCE BOARD MEMBER 2.00
Director
$0 $0 $0
DR MARK GRAHAM BOARD MEMBER 2.00
Director
$0 $0 $0
DRU HANCOCK BOARD MEMBER 2.00
Director
$0 $0 $0
NELS HAWKINSON BOARD MEMBER 2.00
Director
$0 $0 $0
LYNN HOLZMAN BOARD MEMBER 2.00
Director
$0 $0 $0
DEE KANTNER BOARD MEMBER 2.00
Director
$0 $0 $0
CAROLYN KIEGER BOARD MEMBER 2.00
Director
$0 $0 $0
DR M DIANNE MURPHY BOARD MEMBER 2.00
Director
$0 $0 $0
GREG NARED BOARD MEMBER 2.00
Director
$0 $0 $0
CONNIE NEWSOME BOARD MEMBER 2.00
Director
$0 $0 $0
CAROL OWENS BOARD MEMBER 2.00
Director
$0 $0 $0
LACHINA ROBINSON BOARD MEMBER 2.00
Director
$0 $0 $0
BOB STARKEY BOARD MEMBER 2.00
Director
$0 $0 $0
JOE VASZILY BOARD MEMBER 2.00
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 $2,844,785 $2,330,556 $6,660,761 $514,229
2024 $2,504,291 $2,412,869 $6,169,286 $91,422
2023 $2,191,244 $1,886,274 $5,899,974 $304,970
2022 $2,355,024 $1,784,565 $5,419,250 $570,459
2021 $2,177,671 $968,058 $5,114,296 $1,209,613
2020 $1,510,652 $1,696,117 $3,800,209 $-185,465
2019 $2,027,321 $1,765,544 $3,875,297 $261,777
2018 $2,227,440 $1,519,419 $3,641,454 $708,021
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