KIDS BEATING CANCER INC DBA A GIFT OF HOPE

EIN: 593136203 501(c)(3) Human Services

WINTER PARK, FL

Total Revenue
$2,165,339
Total Expenses
$2,460,004
Total Assets
$862,846
Net Assets
$847,129
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
FL
Principal Officer
MARGARET VOIGHT-GUEDES
Phone
4078942888
Tax Period
2023-01-01 to 2023-12-31

KIDS BEATING CANCER INC DBA A GIFT OF HOPE, founded in 1992, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $2.5M exceeded revenue, resulting in a 14% operating deficit.

Mission

ORGANIZATION - KIDS BEATING CANCER, INC., (KBC) IS A NONPROFIT, NONSTOCK FLORIDA CORPORATION FORMED IN 1992. KBC PROVIDES ACCESS TO LIFE-SAVING TREATMENTS THROUGH THE SCIENCE OF CELLULAR THERAPY AND ADVANCING PEDIATRIC INNOVATIVE, NOVEL, RESEARCH, MOVING NEW DISCOVERIES TO PATIENT CARE, WHILE SUPPORTING THE CHILDREN AND THEIR FAMILIES THROUGHOUT THE JOURNEY TO A CURE.

Program Service Accomplishments

Program 1
Expenses: $2,308,825

KBC PROGRAMS ARE DIVIDED INTO TWO AREAS OF SUPPORT THROUGH ITS CHILDREN'S FUND AND RESEARCH FUND: THE CHILDREN'S FUND PROVIDES A SERIES OF UNIQUE AND CRITICALLY NEEDED SERVICES DIRECTED AT REMOVING...

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KBC PROGRAMS ARE DIVIDED INTO TWO AREAS OF SUPPORT THROUGH ITS CHILDREN'S FUND AND RESEARCH FUND: THE CHILDREN'S FUND PROVIDES A SERIES OF UNIQUE AND CRITICALLY NEEDED SERVICES DIRECTED AT REMOVING SOME OF THE OVERWHELMING BURDENS PLACED ON FAMILIES GOING THROUGH THE PROLONGED AND DIFFICULT TREATMENT PROCESS OF A BONE MARROW OR STEM CELL TRANSPLANT IN THE KIDS BEATING CANCER PEDIATRIC TRANSPLANT CENTER. THROUGH KIDS BEATING CANCER CHILDREN'S FUND, CHILDREN ARE ABLE TO ACCESS BONE MARROW AND STEM CELL TRANSPLANTS BY IDENTIFYING A COMPATIBLE DONOR, COSTS NEVER COVERED BY MEDICAID AND SOME INSURANCES THROUGH THE FUND THE MATCH PROGRAM. CHILDREN ARRIVE IN THE KIDS BEATING CANCER PEDIATRIC TRANSPLANT CENTER TO A FULLY DECORATED, FUN THEMED HOSPITAL ROOM SELECTED BY THE CHILD, REDUCING FEAR AND STRESS THROUGH THE MY ROOM" PROGRAM. THE "FOOD FOR FAMILIES" PROGRAMS KEEPS THE KIDS BEATING CANCER PEDIATRIC TRANSPLANT CENTER KITCHEN STOCKED WITH MEALS, DRINKS, AND SNACKS, 15,941 MEALS HAVE BEEN PROVIDED TO HELP THE FAMILIES REMAIN STRONG AND LESS OVERWHELMED WITH THE FEAR OF NOT BEING ABLE TO AFFORD THE MOST BASIC NECESSITY DURING TRANSPLANT, FOOD.THE KBC RESEARCH FUND LAUNCHED IN 2019, IS PROVIDING THE MEDICAL EQUIPMENT FOR CELLULAR THERAPY AT THE NEW, UNDER DEVELOPMENT, KIDS BEATING CANCER CELLULAR THERAPY LAB AT ADVENTHEALTH ORLANDO TO OPEN IN 2021. THIS NEW LAB WILL PROVIDE CRITICAL PROCEDURES NECESSARY FOR STEM CELL TRANSPLANTS, REDUCING THE WAIT TIME FOR CHILDREN AND REDUCING HEALTHCARE COSTS. THE ABILITY TO HAVE A STATE-OF-THE-ART LAB WITH THE BEST MEDICAL EQUIPMENT WILL ADVANCE TREATMENTS AVAILABLE FOR FIGHTING PEDIATRIC CANCERKBC RESEARCH FUND IN 2020 BEGINS AWARDING PEDIATRIC CANCER RESEARCHERS $100,000 ANNUALLY, TO ADVANCE THE SCIENCE BEHIND THE CURE. KBC INVITES RESEARCHERS NATIONWIDE WHOSE FOCUS IS TO ADVANCE THE SCIENCE BEHIND THE CURE FROM MOLECULAR DISCOVERIES TO INNOVATIVE TREATMENTS, TO SUBMIT A GRANT APPLICATION. IN 2020, THE RESEARCH FUND WILL HOST THE FIRST ANNUAL SCIENCE IS THE CURE RESEARCH SYMPOSIUM AT THE CONCLUSION OF THE TRANSPLANTATION AND CELLULAR THERAPY (TCT) ANNUAL NATIONAL MEETINGS OF ASTCT & CIBMTR.

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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 $2,163,895
Program Service Revenue $0
Investment Income $1,444
Other Revenue $0
TOTAL REVENUE $2,165,339

Expense Breakdown

Grants Paid $0
Salaries & Benefits $568,650
Fundraising Expenses $4,508
Program Expenses $2,308,825
Other Expenses $1,891,354
TOTAL EXPENSES $2,460,004

Year-over-Year Comparison

2023 2022 Change
Revenue $2,165,339 $1,734,296 +0.2%
Expenses $2,460,004 $1,748,474 +0.4%
Net Income $-294,665 $-14,178 +19.8%
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
13
Independent Members
13
Employees
6
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
4
$284,922
Total Directors
10
$284,922
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET GUEDES CEO, PRESIDENT 40.00
Officer Director
$147,361 $0 $147,361
BEN GUEDES MD VICE PRESIDENT, CHIEF MEDI 2.00
Officer Director
$0 $0 $0
SAM AZAR CHIEF OPERATING OFFICER 40.00
Officer Director
$137,561 $0 $137,561
TOM LUPO DIRECTOR 2.00
Director
$0 $0 $0
STEVE COON DIRECTOR 2.00
Director
$0 $0 $0
JUDY NOBLE DIRECTOR 2.00
Director
$0 $0 $0
MARK BEAUSOLEIL CHAIRMAN 2.00
Officer Director
$0 $0 $0
FRANCELIS GONZALEZ DIRECTOR 2.00
Director
$0 $0 $0
CHRIS GEARITY DIRECTOR 2.00
Director
$0 $0 $0
LESLIE SKILLMAN DIRECTOR 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
2024 No data No data No data No data
2023 $2,165,339 $2,460,004 $862,846 $-294,665
2022 $1,734,296 $1,748,474 $1,173,756 $-14,178
2021 $1,603,751 $1,307,604 $1,201,851 $296,147
2020 $2,300,607 $1,530,623 $878,996 $769,984
2019 $1,555,381 $1,542,317 $115,315 $13,064
2018 $939,437 $893,626 $244,912 $45,811
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