EGYPT CANCER NETWORK 57357 AND AFNCI INC

EIN: 262192003 501(c)(3) International Affairs

NEWPORT BEACH, CA

Total Revenue
$2,595,384
Total Expenses
$1,203,056
Total Assets
$9,137,114
Net Assets
$8,732,223
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NJ
Phone
9498876687
Tax Period
2024-01-01 to 2024-12-31

EGYPT CANCER NETWORK 57357 AND AFNCI INC, founded in 2008, is a community nonprofit in the International Affairs sector that reported $2.6M in total revenue in fiscal year 2024. The organization ran a surplus of $1.4M, a strong 54% operating margin.

Mission

THE EGYPT CANCER NETWORK (ECN) 57357 AND AFNCI OVERALL MISSION IS TORAISE FUNDS TO PROVIDE CHARITABLE SUPPORT TO EGYPTIAN HOSPITALS ANDTREATMENT FACILITIES IN THE AREAS OF EDUCATION AND SCIENTIFICACTIVITIES, FACILITY AND EQUIPMENT UPGRADE, PATIENT TREATMENT,PROGRAM EXPANSION AND OPERATIONAL SUPPORT FOR THE BENEFIT OF EGYPTIANCANCER PATIENTS. ECN 57357 AND AFNCI CONDUCTS VARIOUS CHARITY EVENTSWITHIN THE UNITED STATES TO RAISE FUNDS TO SUPPORT HOSPITALS AND/ORFACILITIES HELPING INDIVIDUALS SUFFERING FROM CANCER IN EGYPT. THEBOARD OF DIRECTORS WILL EXERCISE DISCRETION AS THEY IDENTIFY ANDSELECT SUITABLE RECIPIENT ORGANIZATIONS, ENSURING THAT ANY AND ALLRECIPIENTS OF FUNDS WILL BE QUALIFIED 501(C)(3) ORGANIZATIONS ORACTIVITIES IN EGYPT THAT QUALIFY AS EXEMPT UNDER IRS REQUIREMENTS.THE PERCENTAGE OF OUR TIME ALLOCATED TO THE ACTIVITY IS 100%.

Program Service Accomplishments

Program 1
Expenses: $604,701

EDUCATIONAL PROGRAMS: THE EGYPT CANCER NETWORK(ECN) 57357 ANDAFNCI ARE SPONSORING THE DANA FARBER INSTITUE AND THE CHILDREN'S CANCER HOSPITAL OF EGYPT (CCHE) 57357 PEDIATRIC ONCOLOGY FELLOWSHIP...

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EDUCATIONAL PROGRAMS: THE EGYPT CANCER NETWORK(ECN) 57357 ANDAFNCI ARE SPONSORING THE DANA FARBER INSTITUE AND THE CHILDREN'S CANCER HOSPITAL OF EGYPT (CCHE) 57357 PEDIATRIC ONCOLOGY FELLOWSHIP PROGRAM WHICH WAS FORMALLY SIGNED IN 2012. THE COST INCLUDES PROGRAM DEVELOPMENT, SIGNING CEREMONY,AND COMMITTEE MEETINGS. THEY HAVE ALSO SUPPORTED CCHE 57357PHYSICIANS AND RESEARCHERS TO ATTEND LEADING INTERNATIONALCONFERENCES OR WORKSHOPS IN ORDER TO GIVE PRESENTATIONS OF THEIRRESEARCH AND WORK AT 57357 OR LEARN SPECIFIC TECHNIQUES. THIS HASINCLUDED TRIPS, REGISTRATION, HOTEL, AND PER DIEM EXPENSES.

Program 2

LINE 4D FUNDRAISING------------------------SEREEN FUND- ECNS DESIGNATED FUND THAT PURCHASES TOYS AND ARTSUPPLIES FOR THE PATIENTS IN THE HOSPITAL. THESE ITEMS ARE USEDWHILE THE CHILDREN ARE IN THE...

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LINE 4D FUNDRAISING------------------------SEREEN FUND- ECNS DESIGNATED FUND THAT PURCHASES TOYS AND ARTSUPPLIES FOR THE PATIENTS IN THE HOSPITAL. THESE ITEMS ARE USEDWHILE THE CHILDREN ARE IN THE HOSPITAL AND UNDERGOING CHEMO TOHELP THEM FEEL BETTER EMOTIONALLY. ADVERTISING- ECN PROVIDED PROGRAM SUPPORT FOR ADVERTISING DIRECTLY REALTED TO THE HOSPITALS ADVERTISING CAMPAIGN TO HELP SOLICIT DONATIONS DURING THE GIVINGMONTH OF RAMADAN TO HELP ENCOURAGE DONORS TO GIVE THEIR DONATIONSDURING THIS HOLY MONTH TO THE CHILDREN OF HOSPITAL 57357. THESEMARKETING DOLLARS WENT TO HELP WITH THE FUNDING OF THE HOSPITAL EXPANSION AS WELL AS PATIENT CARE.

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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 $2,414,897
Program Service Revenue $0
Investment Income $180,487
Other Revenue $0
TOTAL REVENUE $2,595,384

Expense Breakdown

Grants Paid $0
Salaries & Benefits $94,608
Fundraising Expenses $323,497
Program Expenses $604,701
Other Expenses $1,108,448
TOTAL EXPENSES $1,203,056

Year-over-Year Comparison

2024 2023 Change
Revenue $2,595,384 $2,591,679 +0.0%
Expenses $1,203,056 $2,531,743 -0.5%
Net Income $1,392,328 $59,936 +22.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
2
Volunteers
9

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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH J SABET DIRECTOR OF DAILY OPERATIONS 40.00
$70,240 $0 $70,240
DR HISHAM SEIFY President 5.00
Officer Director
$0 $0 $0
DR SHERIF ABOUELNAGA Secretary 5.00
Officer Director
$0 $0 $0
DR MARK KIERAN Treasurer 5.00
Officer Director
$0 $0 $0
PATRICIA PRUDEN Director 5.00
Director
$0 $0 $0
DR SAFWAN ALY Director 5.00
Director
$0 $0 $0
DR HISHAM EL-KHAZINDAR Director 5.00
Director
$0 $0 $0
DR LESLIE E LEHMANN Director 5.00
Director
$0 $0 $0
DR AHMED AHMED Director 5.00
Director
$0 $0 $0
DR NABIL AHMED Director 5.00
Director
$0 $0 $0
ABED ELKESHK BOARD MEMBER 5.00
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
2024 $2,595,384 $1,203,056 $9,137,114 $1,392,328
2023 $2,591,679 $2,531,743 $7,844,318 $59,936
2022 $2,714,980 $1,346,576 $7,885,808 $1,368,404
2022 $2,714,980 $3,717,580 $6,823,037 $-1,002,600
2021 $3,047,589 $1,135,261 $9,679,568 $1,912,328
2020 $3,407,101 $2,084,227 $7,825,496 $1,322,874
2019 $1,706,613 $1,690,731 $5,365,184 $15,882
2018 $2,602,292 $1,968,694 $5,495,605 $633,598
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