DRIVING OUT CANCER INC

EIN: 880904542 501(c)(3) Philanthropy & Grantmaking

Huntington Beach, CA

Total Revenue
$294,958
Total Expenses
$161,176
Total Assets
$133,982
Net Assets
$133,782
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CA
Principal Officer
Jeff Farley
Phone
7143309111
Tax Period
2022-02-01 to 2022-12-31

DRIVING OUT CANCER INC, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $295K in total revenue in fiscal year 2022. The organization ran a surplus of $134K, a strong 45% operating margin.

Mission

Corporation is organized exclusively for charitable purposes, including the making of distributions to organizations that qualify as exempt organizations under S 501c3. Corporation is a Public Benefit Corporation and the specific purpose is to raise money through events to help people with cancer. The Secondary purpose is to raise money to advance start up cancer research.

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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 (2022)

Revenue Breakdown

Contributions & Grants $294,958
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $294,958

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $161,176
Other Expenses $161,176
TOTAL EXPENSES $161,176

Year-over-Year Comparison

2022 2021 Change
Revenue $294,958 N/A N/A
Expenses $161,176 N/A N/A
Net Income $133,782 $0 N/A
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
3
Employees
N/A
Volunteers
3

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeff Farley CEO 10
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
2022 $294,958 $161,176 $133,982 $133,782
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