THE UNIVERSITY OF TENNESSEEWEST INSTITUTE FOR CANCER RESEARCH

EIN: 471358542 501(c)(3) Diseases & Disorders

MEMPHIS, TN

Total Revenue
$269,403
Total Expenses
$50,709
Total Assets
$5,464,323
Net Assets
$5,439,393
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TN
Principal Officer
DR MICHAEL UGWUEKE
Phone
9013362228
Tax Period
2024-01-01 to 2024-12-31

THE UNIVERSITY OF TENNESSEEWEST INSTITUTE FOR CANCER RESEARCH, founded in 2014, is a small nonprofit in the Diseases & Disorders sector that reported $269K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $219K, a strong 81% operating margin.

Mission

THE MISSION OF THE UNIVERSITY OF TENNESSEE/WEST INSTITUTE FOR CANCER RESEARCH (THE "INSTITUTE") IS TO INVEST IN DISCOVERY, INNOVATION AND ADVANCEMENT IN THE FIELD OF ADULT CANCER RESEARCH AND PATIENT EDUCATION, CARE AND SUPPORT AND TO ENSURE THAT ALL ADULT CANCER PATIENTS HAVE ACCESS TO THE MOST INNOVATIVE RESEARCH AND EFFECTIVE THERAPIES TO DEFEAT CANCER IN ITS ENTIRETY WHILE RESPECTING INDIVIDUAL QUALITY OF LIFE. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.

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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 $0
Program Service Revenue $0
Investment Income $269,403
Other Revenue $0
TOTAL REVENUE $269,403

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $50,709
TOTAL EXPENSES $50,709

Year-over-Year Comparison

2024 2023 Change
Revenue $269,403 $419,054 -0.4%
Expenses $50,709 $45,111 +0.1%
Net Income $218,694 $373,943 -0.4%
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
7
Independent Members
7
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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR MICHAEL UGWUEKE PRESIDENT 1.00
Officer Director
$0 $0 $0
DR NEIL HAYES DIRECTOR 1.00
Director
$0 $0 $0
MONICA WHARTON DIRECTOR 1.00
Director
$0 $0 $0
DR DAVID SHIBATA SECRETARY 1.00
Officer Director
$0 $0 $0
DR BRADLEY SOMER DIRECTOR 1.00
Director
$0 $0 $0
DR KURT TAUER DIRECTOR 1.00
Director
$0 $0 $0
DR TODD TILLMANNS DIRECTOR 1.00
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 $269,403 $50,709 $5,464,323 $218,694
2023 $419,054 $45,111 $5,237,953 $373,943
2022 $289,703 $229,795 $4,970,799 $59,908
2021 $223,937 $349,744 $6,003,923 $-125,807
2020 $106,280 $679,356 $5,751,776 $-573,076
2019 $1,597,918 $3,516,472 $6,261,365 $-1,918,554
2018 $2,025,182 $4,221,150 $8,834,707 $-2,195,968
2017 $2,722,343 $1,487,443 $10,885,552 $1,234,900
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