THE ULMAN CANCER FUND FOR YOUNG ADULTS

EIN: 522057636 501(c)(3) Diseases & Disorders

BALTIMORE, MD

Total Revenue
$2,020,014
Total Expenses
$2,476,303
Total Assets
$4,080,645
Net Assets
$3,116,610
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
MD
Principal Officer
BROCK YETSO
Phone
4109640202
Tax Period
2023-01-01 to 2023-12-31

THE ULMAN CANCER FUND FOR YOUNG ADULTS, founded in 1997, is a community nonprofit in the Diseases & Disorders sector that reported $2.0M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $2.5M exceeded revenue, resulting in a 23% operating deficit.

Mission

A LEADING VOICE IN THE YOUNG ADULT CANCER MOVEMENT, ULMAN FOUNDATION CREATES A COMMUNITY OF SUPPORT FOR YOUNG ADULTS AND THEIR LOVED ONES IMPACTED BY CANCER. THIS IS CARRIED OUT THROUGH OUR FOUR PILLARS OF ACTION: GIVING AND GETTING SUPPORT, RAISING AWARENESS, INSPIRING MOVEMENT, AND DRIVING CHANGE.

Program Service Accomplishments

Program 1
Expenses: $1,058,120

THROUGH ULMAN HOUSE, ULMAN FOUNDATION PROVIDES FREE TEMPORARY HOUSING, COMMUNITY, AND PSYCHO-SOCIAL SUPPORTS TO YOUNG ADULT CANCER PATIENTS RECEIVING LIFE-SAVING TREATMENT AT CANCER CENTERS IN...

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THROUGH ULMAN HOUSE, ULMAN FOUNDATION PROVIDES FREE TEMPORARY HOUSING, COMMUNITY, AND PSYCHO-SOCIAL SUPPORTS TO YOUNG ADULT CANCER PATIENTS RECEIVING LIFE-SAVING TREATMENT AT CANCER CENTERS IN BALTIMORE. BALTIMORE IS HOME TO MANY WORLD-CLASS CANCER TREATMENT CENTERS AND OFFERS TREATMENT OPTIONS THAT ARE NOT AVAILABLE IN MANY COMMUNITIES. FOR PATIENTS FROM OUTSIDE OF THE BALTIMORE AREA SEEKING TREATMENT AT THESE FACILITIES, THE COST OF TEMPORARY HOUSING CAN BE PROHIBITIVE. ULMAN HOUSE OFFERS A SOLUTION TO THIS PROBLEM AS WELL AS COMMUNITY TO COMBAT THE ISOLATION OF CANCER TREATMENT AND PATIENT NAVIGATION SERVICES TO ADDRESS PSYCHO-SOCIAL NEEDS.

Program 2
Expenses: $435,153

ULMAN FOUNDATION USES PEER-TO-PEER SOCIAL ENGAGEMENT PROGRAMS TO CONNECT YOUNG ADULTS AND THEIR LOVED ONES IMPACTED BY CANCER AND EMPOWER THEM TO RAISE AWARENESS AND FUNDS FOR ULMAN'S MISSION THROUGH...

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ULMAN FOUNDATION USES PEER-TO-PEER SOCIAL ENGAGEMENT PROGRAMS TO CONNECT YOUNG ADULTS AND THEIR LOVED ONES IMPACTED BY CANCER AND EMPOWER THEM TO RAISE AWARENESS AND FUNDS FOR ULMAN'S MISSION THROUGH PROGRAMS BASED IN THEIR PERSONAL AND PROFESSIONAL INTERESTS. MANY OF THESE PROGRAMS ARE BASED IN SPORT, INCLUDING THE 4K FOR CANCER CROSS-COUNTRY BIKE AND RUN; THE KEY TO KEYS AND POINT TO POINT RIDE AND RUN FROM BALTIMORE TO KEY WEST; AND THE MANY SELF-CREATED SPORT-BASED CHALLENGES CREATED BY ULMAN SUPPORTERS. THE GAME CHANGERS YOUNG PROFESSIONALS RECOGNITION PROGRAM PROVIDES AN OPPORTUNITY FOR YOUNG PROFESSIONALS IN THE BALTIMORE AREA TO CONNECT, LEARN, AND LEAD AS THEY SUPPORT ULMAN'S MISSION.

Program 3
Expenses: $276,008 Revenue: $40,000

ULMAN PROVIDES SERVICES DIRECTLY TO PATIENTS THROUGH THEIR PATIENT NAVIGATION AND CANCER TO 5K PROGRAMS. THE PATIENT NAVIGATION PROGRAM HELPS YOUNG ADULTS MANAGE THE SPECIAL CONCERNS AND NEEDS OF...

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ULMAN PROVIDES SERVICES DIRECTLY TO PATIENTS THROUGH THEIR PATIENT NAVIGATION AND CANCER TO 5K PROGRAMS. THE PATIENT NAVIGATION PROGRAM HELPS YOUNG ADULTS MANAGE THE SPECIAL CONCERNS AND NEEDS OF BEING A YOUNG ADULT AND DEALING WITH CANCER. WORKING IN CONJUCTION WITH MEDICAL CARE TEAMS AT INSTITUTIONS AND WITHIN THE COMMUNITY, ULMAN NAVIGATORS PROVIDE A HOLISTIC APPROACH TO PATIENT CARE, ADDRESSING VARIOUS NEEDS OF YOUNG ADULTS WHO FACE A CANCER DIAGNOSIS, TREATMENT, AND LIFE WITH CANCER. NAVIGATORS PROVIDE TAILORED EMOTIONAL, PSYCHOSOCIAL, AND PRACTICAL SUPPORT TO YOUNG ADULTS, AND THEIR LOVED ONES, TO HELP THEM RECALIBRATE THEIR LIFE WITH CANCER. THE CANCER TO 5K PROGRAM IS A RUNNING SUPPORT GROUP THAT BRINGS SURVIVORS TOGETHER TO CONNECT AND THRIVE AS THEY TRAIN FOR A 5K RACE TOGETHER WITH THE SUPPORT OF COACHES AND SUPPORT RUNNERS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,910,094
Program Service Revenue $40,000
Investment Income $18,776
Other Revenue $51,144
TOTAL REVENUE $2,020,014

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,416,481
Fundraising Expenses $338,800
Program Expenses $1,769,281
Other Expenses $1,059,822
TOTAL EXPENSES $2,476,303

Year-over-Year Comparison

2023 2022 Change
Revenue $2,020,014 $2,404,580 -0.2%
Expenses $2,476,303 $2,205,209 +0.1%
Net Income $-456,289 $199,371 -3.3%
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
30
Independent Members
30
Employees
26
Volunteers
50

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
$202,453
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TREVOR GARNER CHAIR 1.50
Officer Director
$0 $0 $0
PATRICK SEITZ TREASURER 1.50
Officer Director
$0 $0 $0
DIANA ULMAN FOUNDING MEMBER 1.50
Director
$0 $0 $0
DOUG ULMAN FOUNDING MEMBER 1.50
Director
$0 $0 $0
MATT ARCHIBALD MEMBER AT LARGE 1.50
Director
$0 $0 $0
CHARLENE ASHBY MEMBER AT LARGE 1.50
Director
$0 $0 $0
JUSTIN BASS MEMBER AT LARGE 1.50
Director
$0 $0 $0
KATE BRYDEN MEMBER AT LARGE 1.50
Director
$0 $0 $0
CHRISTI CLARK MEMBER AT LARGE 1.50
Director
$0 $0 $0
NERI COHEN MEMBER AT LARGE 1.50
Director
$0 $0 $0
DAN CONDON MEMBER AT LARGE 1.50
Director
$0 $0 $0
MATT FERRIS MEMBER AT LARGE 1.50
Director
$0 $0 $0
JASON GOLDSTEIN MEMBER AT LARGE 1.50
Director
$0 $0 $0
SHELLEY HEREK-HARDY MEMBER AT LARGE 1.50
Director
$0 $0 $0
JAMES INGRAM MEMBER AT LARGE 1.50
Director
$0 $0 $0
MIKE JENKINS MEMBER AT LARGE 1.50
Director
$0 $0 $0
DARA KNOBEL MEMBER AT LARGE 1.50
Director
$0 $0 $0
HEATHER MATTHEWS MEMBER AT LARGE 1.50
Director
$0 $0 $0
MIKE MATTHEWS MEMBER AT LARGE 1.50
Director
$0 $0 $0
MACK MCGEE MEMBER AT LARGE 1.50
Director
$0 $0 $0
ELENI MONIOS MEMBER AT LARGE 1.50
Director
$0 $0 $0
MOHIT NARANG MD MEMBER AT LARGE 1.50
Director
$0 $0 $0
LESLIE NISSENBERG MEMBER AT LARGE 1.50
Director
$0 $0 $0
LIZ O'CONNOR MEMBER AT LARGE 1.50
Director
$0 $0 $0
GREG POULIS MEMBER AT LARGE 1.50
Director
$0 $0 $0
JAMIE RYAN MEMBER AT LARGE 1.50
Director
$0 $0 $0
GREG SMITH MEMBER AT LARGE 1.50
Director
$0 $0 $0
STASIA THOMAS MEMBER AT LARGE 1.50
Director
$0 $0 $0
MIKE TIRONE MEMBER AT LARGE 1.50
Director
$0 $0 $0
PATRICK WYNN MEMBER AT LARGE 1.50
Director
$0 $0 $0
BROCK YETSO CEO AND PRESIDENT 40.00
Officer
$195,300 $7,153 $202,453
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 No data No data No data No data
2023 $2,020,014 $2,476,303 $4,080,645 $-456,289
2022 $2,404,580 $2,205,209 $4,517,185 $199,371
2021 $1,978,012 $1,735,083 $4,578,303 $242,929
2020 $2,027,383 $2,038,888 $4,313,513 $-11,505
2019 $2,372,940 $2,784,583 $4,436,206 $-411,643
2018 $3,762,249 $2,880,261 $4,788,116 $881,988
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