TOWER CANCER RESEARCH FOUNDATION (EIN 954596354) - Form 990 Financial Analysis & Trantor Score

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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

1996

Legal Domicile

Principal Officer

MATTHEW ZARCUFSKY CFRE

Phone

3102998470

Tax Period

2024-01-01 to 2024-12-31

TOWER CANCER RESEARCH FOUNDATION, founded in 1996, is a community nonprofit in the Medical Research sector that reported $3.1M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $3.6M exceeded revenue, resulting in a 16% operating deficit.

Mission

INNOVATIVE RESEARCH, COMMUNITY EDUCATION AND CARING PATIENT SUPPORT WHILE DEVELOPING MORE EFFECTIVE TREATMENTS FOR CANCER AND BLOOD DISORDERS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,653,482

Program Service Revenue $0

Investment Income $49,288

Other Revenue $-555,893

TOTAL REVENUE $3,146,877

Expense Breakdown

Grants Paid $889,920

Salaries & Benefits $1,377,520

Fundraising Expenses $738,666

Program Expenses $2,508,236

Other Expenses $1,369,379

TOTAL EXPENSES $3,636,819

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,146,877	$2,539,108	+0.2%
Expenses	$3,636,819	$3,174,666	+0.1%
Net Income	$-489,942	$-635,558	-0.2%

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

Governance

Voting Members

Independent Members

Employees

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

$304,637

Total Directors

$304,637

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY ROSENFELT	CHAIRMAN OF THE BOARD	2.00	Officer Director	$0	$0	$0
LARRY ROSENSTEIN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
DONNA ROSEN	PAST CHAIRMAN OF THE BOARD	2.00	Officer Director	$0	$0	$0
NANCY MISHKIN	PAST CHAIRMAN OF THE BOARD	2.00	Director	$0	$0	$0
DAVID SPINGARN	TREASURER	2.00	Officer Director	$0	$0	$0
JEANNE SCHNITZER MARKS	SECRETARY	2.00	Officer Director	$0	$0	$0
KELLY PRATHER	MAGNOLIA COUNCIL PRESIDENT	2.00	Director	$0	$0	$0
JONATHAN LAYNE	DEVELOPMENT COMMITTEE CHAI	2.00	Director	$0	$0	$0
SHELLEY WARSAVSKY	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH DRUCKER	DIRECTOR	2.00	Director	$0	$0	$0
LINDA LEVENSON DELSACK	DIRECTOR	2.00	Director	$0	$0	$0
BETTY HAAGEN	DIRECTOR	2.00	Director	$0	$0	$0
RANDY KATZ	DIRECTOR	2.00	Director	$0	$0	$0
BETH GOREN	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN KREVOY PHD	DIRECTOR	2.00	Director	$0	$0	$0
FRANKIE SHOLEM	DIRECTOR	2.00	Director	$0	$0	$0
BARRY ROSENBLOOM MD	DIRECTOR	2.00	Director	$0	$0	$0
JOHN CARPTEN PHD	DIRECTOR	2.00	Director	$0	$0	$0
GEORGE RADDA	DIRECTOR	2.00	Director	$0	$0	$0
HOORA SADLER	DIRECTOR	2.00	Director	$0	$0	$0
JULIE SHAMES	DIRECTOR	2.00	Director	$0	$0	$0
KATHY SCOTT	DIRECTOR	2.00	Director	$0	$0	$0
PEGGY MILES	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTOPHER CLINTON CONWAY	EXECUTIVE DIRECTOR	40.00	Officer Director	$280,777	$14,810	$295,587
LINDA DAVID	EXECUTIVE DIRECTOR (THRU 1/5)	40.00	Officer Director	$9,050	$0	$9,050

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	$3,146,877	$3,636,819	$3,237,640	$-489,942
2023	$2,539,108	$3,174,666	$3,927,785	$-635,558
2022	$2,865,725	$3,160,741	$4,621,629	$-295,016
2021	$2,998,998	$3,480,662	$3,869,425	$-481,664
2020	$2,672,021	$2,863,801	$3,952,393	$-191,780
2019	$3,739,380	$2,598,491	$3,940,038	$1,140,889
2018	$3,418,112	$3,668,871	$3,316,830	$-250,759

TOWER CANCER RESEARCH FOUNDATION