CANCER FOUNDATION OF SANTA BARBARA

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1949

Legal Domicile

Principal Officer

LORI WILLIS

Phone

8058982187

Tax Period

2023-01-01 to 2023-12-31

CANCER FOUNDATION OF SANTA BARBARA, founded in 1949, is a mid-sized nonprofit in the Diseases & Disorders sector that reported $17.3M in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $9.8M, a strong 57% operating margin.

Mission

THE CANCER FOUNDATION IS THE LEADING SPONSOR AND LARGEST DONOR TO THE RIDLEY-TREE CANCER CENTER AT SANSUM CLINIC, THE LARGEST PROVIDER OF CANCER CARE ON THE CENTRAL COAST. EACH YEAR, THE FOUNDATION COMMITS A MINIMUM OF 85% (UP TO 100%) OF THE PROCEEDS FROM THE FOUNDATION'S ENDOWMENT AND FUNDRAISING EFFORTS TO SUPPORT CANCER DIAGNOSIS, TREATMENT, RESEARCH, TECHNOLOGY, AND SUPPORT PROGRAMS IN OUR RIDLEY-TREE CANCER CENTER. THE REMAINING 15% MAY BE USED TO SUPPORT OTHER CANCER RELATED PROGRAMS IN SANTA BARBARA COUNTY. HISTORICALLY, THESE HAVE INCLUDED ONCOLOGY BENCHMARK RESEARCH AT UCSB, PEDIATRIC CANCER CARE, AND NAVIGATORS AT COTTAGE HEALTH SYSTEM. ALL OF FOUNDATION PROCEEDS MUST BE USED TO SUPPORT CANCER CARE IN THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $6,139,888 Revenue: $12,376,531

TO ENSURE SANTA BARBARA REMAINS IN THE VANGUARD OF CANCER CARE, THE CANCER FOUNDATION RAISES AND DISTRIBUTES MILLIONS OF DOLLARS EACH YEAR TO THE RIDLEY-TREE CANCER CENTER AT SANSUM CLINIC, ALLOWING THE CENTER TO DELIVER A HIGHER LEVEL OF CARE THAN WOULD OTHERWISE BE POSSIBLE IN A COMMUNITY OF OUR SIZE, ON PAR WITH SOME OF THE MOST RENOWNED CANCER CENTERS IN THE US.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,904,666

Program Service Revenue $1,409

Investment Income $11,183,598

Other Revenue $1,188,793

TOTAL REVENUE $17,278,466

Expense Breakdown

Grants Paid $3,700,404

Salaries & Benefits $598,038

Fundraising Expenses $526,263

Program Expenses $6,139,888

Other Expenses $3,182,594

TOTAL EXPENSES $7,481,036

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,278,466	$22,692,266	-0.2%
Expenses	$7,481,036	$6,434,903	+0.2%
Net Income	$9,797,430	$16,257,363	-0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$258,483

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTEN BLABEY	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
PATTY MACFARLANE	TRUSTEE	2.00	Director	$0	$0	$0
LARRY DAM	TRUSTEE	2.00	Director	$0	$0	$0
WILLIAM MEEKER	TRUSTEE	2.00	Director	$0	$0	$0
RICHARD NAGLER	TRUSTEE	2.00	Director	$0	$0	$0
CAROLA NICHOLSON	TREASURER	2.00	Officer Director	$0	$0	$0
CHARLES PETERSEN	TRUSTEE	2.00	Director	$0	$0	$0
GEORGE THARAKAN	TRUSTEE	2.00	Director	$0	$0	$0
KATINA ZANINOVICH	SECRETARY	2.00	Officer Director	$0	$0	$0
W CHARLES CONWAY MD	TRUSTEE	2.00	Director	$0	$0	$0
DENISE MONTELL PHD	TRUSTEE	2.00	Director	$0	$0	$0
STEVE MCHUGH	CHAIRMAN	2.00	Officer Director	$0	$0	$0
RICHARD NORDLUND	TRUSTEE	2.00	Director	$0	$0	$0
RICK WEBER	TRUSTEE	2.00	Director	$0	$0	$0
RAYE HASKELL-MELVILLE	TRUSTEE	2.00	Director	$0	$0	$0
LORI WILLIS	EXECUTIVE DIRECTOR	40.00	Officer	$226,244	$32,239	$258,483
STEPHANIE CARLYLE	DIRECTOR OF PHILANTHROPY	40.00	Highest	$156,316	$49,702	$206,018

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	$17,278,466	$7,481,036	$150,978,145	$9,797,430
2022	$22,692,266	$6,434,903	$143,127,992	$16,257,363
2021	$7,300,138	$5,718,078	$140,282,828	$1,582,060
2020	$5,862,483	$6,020,985	$134,321,184	$-158,502
2019	$8,223,690	$6,864,017	$129,076,560	$1,359,673
2018	$7,052,476	$6,676,962	$119,105,644	$375,514