Huntsman Cancer Foundation
Huntsman Cancer Foundation
EIN: 87-0541293
as of September 2024
as of September 09, 2024
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Cancer Treatment and Care
Utah is our primary catchment area, of which 96% is rural and 70% is frontier. Patients too are referred from across the Mountain West. This includes portions of Idaho, Montana, Nevada, and Wyoming totaling 17% of the U.S. landmass - the largest geographic catchment area of any U.S. cancer center.
Where we work
Photos
Videos
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback
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What challenges does the organization face when collecting feedback?
We don't have any major challenges to collecting feedback
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2022 info
1.37
Months of cash in 2022 info
1.7
Fringe rate in 2022 info
0%
Funding sources info
Assets & liabilities info
Financial data
Huntsman Cancer Foundation
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of Huntsman Cancer Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
Profitability info | 2018 | 2019 | 2020 | 2021 | 2022 |
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Unrestricted surplus (deficit) before depreciation | $67,404,967 | $42,408,940 | -$100,035,171 | $23,541,546 | -$106,688,142 |
As % of expenses | 387.6% | 146.3% | -69.0% | 53.1% | -109.1% |
Unrestricted surplus (deficit) after depreciation | $67,404,967 | $42,408,940 | -$100,035,171 | $23,541,546 | -$106,688,142 |
As % of expenses | 387.6% | 146.3% | -69.0% | 53.1% | -109.1% |
Revenue composition info | |||||
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Total revenue (unrestricted & restricted) | $135,595,366 | $57,273,253 | $25,314,719 | $34,840,690 | $19,541,609 |
Total revenue, % change over prior year | 325.3% | -57.8% | -55.8% | 37.6% | -43.9% |
Program services revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 1.9% | 5.5% | 14.8% | 9.8% | 22.8% |
Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other grants and contributions | 97.9% | 94.1% | 84.3% | 85.4% | 79.6% |
Other revenue | 0.1% | 0.4% | 0.9% | 4.9% | -2.4% |
Expense composition info | |||||
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Total expenses before depreciation | $17,392,120 | $28,993,046 | $144,884,362 | $44,327,493 | $97,811,195 |
Total expenses, % change over prior year | 54.0% | 66.7% | 399.7% | -69.4% | 120.7% |
Personnel | 11.1% | 8.2% | 1.8% | 5.1% | 2.8% |
Professional fees | 7.4% | 2.2% | 1.7% | 2.4% | 1.8% |
Occupancy | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Interest | 0.0% | 0.0% | 0.0% | 0.8% | 0.8% |
Pass-through | 76.3% | 82.3% | 96.1% | 88.1% | 92.2% |
All other expenses | 5.2% | 7.3% | 0.4% | 3.7% | 2.5% |
Full cost components (estimated) info | 2018 | 2019 | 2020 | 2021 | 2022 |
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Total expenses (after depreciation) | $17,392,120 | $28,993,046 | $144,884,362 | $44,327,493 | $97,811,195 |
One month of savings | $1,449,343 | $2,416,087 | $12,073,697 | $3,693,958 | $8,150,933 |
Debt principal payment | $12,997,339 | $3,997,506 | $5,962,790 | $5,398,559 | $2,940,007 |
Fixed asset additions | $0 | $0 | $0 | $0 | $0 |
Total full costs (estimated) | $31,838,802 | $35,406,639 | $162,920,849 | $53,420,010 | $108,902,135 |
Capital structure indicators
Liquidity info | 2018 | 2019 | 2020 | 2021 | 2022 |
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Months of cash | 12.8 | 15.9 | 2.8 | 16.8 | 1.7 |
Months of cash and investments | 72.2 | 58.8 | 11.9 | 56.3 | 16.1 |
Months of estimated liquid unrestricted net assets | 152.8 | 108.6 | 17.2 | 62.7 | 15.3 |
Balance sheet composition info | 2018 | 2019 | 2020 | 2021 | 2022 |
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Cash | $18,620,708 | $38,341,698 | $33,286,939 | $62,191,637 | $14,094,950 |
Investments | $86,087,302 | $103,715,142 | $110,096,230 | $145,615,662 | $116,989,242 |
Receivables | $115,170,270 | $120,422,615 | $105,431,861 | $58,576,765 | $25,366,390 |
Gross land, buildings, equipment (LBE) | $97,911,978 | $97,954,343 | $0 | $0 | $0 |
Accumulated depreciation (as a % of LBE) | 3.8% | 6.3% | 0.0% | 0.0% | 0.0% |
Liabilities (as a % of assets) | 16.0% | 13.1% | 16.4% | 13.1% | 20.2% |
Unrestricted net assets | $265,802,254 | $308,211,194 | $208,176,023 | $231,717,569 | $125,029,427 |
Temporarily restricted net assets | $0 | N/A | N/A | N/A | N/A |
Permanently restricted net assets | $0 | N/A | N/A | N/A | N/A |
Total restricted net assets | $0 | $0 | $0 | $0 | $0 |
Total net assets | $265,802,254 | $308,211,194 | $208,176,023 | $231,717,569 | $125,029,427 |
Key data checks
Key data checks info | 2018 | 2019 | 2020 | 2021 | 2022 |
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Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
President and COO
Ms. Kim Wirthlin
Vice President
Loren Savage
Number of employees
Source: IRS Form 990
Huntsman Cancer Foundation
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
Huntsman Cancer Foundation
Highest paid employeesSOURCE: IRS Form 990
Compensation data
Huntsman Cancer Foundation
Board of directorsas of 02/01/2024
Board of directors data
Mr. Peter Huntsman
Peter R. Huntsman
Chairman & CEO
Taylor R. Randall
President, University of Utah
A. Scott Anderson
President and CEO, Zions First National Bank
Kim Wirthlin
President and COO, HCF
Thomas E. Muir
VP, Finance and CFO, HCF
Ronald G. Moffitt
Secretary, HCF
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
The organization's co-leader identifies as:
Race & ethnicity
Gender identity
Transgender Identity
Sexual orientation
Disability
Equity strategies
Last updated: 02/07/2023GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
- We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
- We disaggregate data by demographics, including race, in every policy and program measured.
- We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
- We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
- We have community representation at the board level, either on the board itself or through a community advisory board.
- We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
- We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.