THE SALGI ESOPHAGEAL CANCER RESEARCH FOUNDATION

EIN: 453633809 501(c)(3) Medical Research

EAST GREENWICH, RI

Total Revenue
$152,543
Total Expenses
$276,393
Total Assets
$472,567
Net Assets
$472,567
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
RI
Principal Officer
LINDA M MOLFESI
Phone
4013987785
Tax Period
2024-12-01 to 2025-11-30

THE SALGI ESOPHAGEAL CANCER RESEARCH FOUNDATION, founded in 2011, is a small nonprofit in the Medical Research sector that reported $153K in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $276K exceeded revenue, resulting in a 81% operating deficit.

Mission

THE ORGANIZATIONS MISSION IS TO RAISE FUNDS FOR AWARENESS, EARLY DETECTION AND RESEARCH OF ESOPHAGEAL CANCER IN HOPES OF A CURE.

Program Service Accomplishments

Program 1
Expenses: $255,393 Revenue: $0

AWARENESS AND EARLY DETECTION PROGRAMS VIA SOCIAL MEDIA, WEBSITE, EMAIL MARKETING, PRINT, MAILING, AND OTHER MEDIA OUTLETS. THE MAJORITY OF THE FUNDS RAISED ARE ALLOCATED FOR ESOPHAGEAL CANCER...

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AWARENESS AND EARLY DETECTION PROGRAMS VIA SOCIAL MEDIA, WEBSITE, EMAIL MARKETING, PRINT, MAILING, AND OTHER MEDIA OUTLETS. THE MAJORITY OF THE FUNDS RAISED ARE ALLOCATED FOR ESOPHAGEAL CANCER RESEARCH FUNDING. THE PRIORITY IS GIVEN TO, BUT NOT LIMITED TO, EARLY DETECTION, PREVENTION AND TREATMENT.

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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 $144,169
Program Service Revenue $0
Investment Income $9,057
Other Revenue $-683
TOTAL REVENUE $152,543

Expense Breakdown

Grants Paid $249,190
Salaries & Benefits $11,668
Fundraising Expenses $9,990
Program Expenses $255,393
Other Expenses $15,535
TOTAL EXPENSES $276,393

Year-over-Year Comparison

2024 2023 Change
Revenue $152,543 $110,298 +0.4%
Expenses $276,393 $22,238 +11.4%
Net Income $-123,850 $88,060 -2.4%
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
3
Independent Members
2
Employees
1
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
$9,600
Total Directors
3
$9,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINA M FRYE VICE PRESIDENT 10.00
Officer Director
$9,600 $0 $9,600
JAMES W FRYE SECRETARY 10.00
Officer Director
$0 $0 $0
LINDA M MOLFESI PRESIDENT & TREASURER 10.00
Officer 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 $152,543 $276,393 $472,567 $-123,850
2024 $110,298 $22,238 $596,417 $88,060
2023 $100,781 $147,370 $508,357 $-46,589
2022 $136,637 $18,083 $554,946 $118,554
2020 $90,543 $14,400 $342,323 $76,143
2019 $93,484 $12,788 $266,180 $80,696
2018 $93,631 $73,292 $185,484 $20,339
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