MICHAEL ROLFE PANCREATIC CANCER FOUNDATION
Mission Statement
The Rolfe Pancreatic Cancer Foundation is a 501(c)(3) public charity whose mission is to support scientific research that will lead to an early detection test for pancreatic cancer. The Foundation serves as a catalyst for the early diagnosis and ultimate cure of pancreatic cancer by funding advanced medical research, public awareness initiatives, and educational programs. The Foundation also seeks to increase the quality and quantity of emotional and psychological support services for pancreatic cancer patients and their families through partnerships with organizations that specialize in this type of care.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
69.3% | 90.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.7% | 7.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
15.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
35.3% | 7.3% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
13.7 mo | 95.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
12.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.0% | 90.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
18.9% | 18.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-9.6% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
26.3% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $998K | $736K | $838K | 69.3% | 5 |
| 2023 | $839K | $814K | $576K | 74.3% | 5 |
| 2022 | $788K | $795K | $550K | 72.0% | 6 |
| 2021 | $785K | $678K | N/A | — | 5 |
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