PLATINUM2024

Alex's Lemonade Stand Foundation for Childhood Cancer

Fighting childhood cancer, one cup at a time.

aka ALSF, Alex's Lemonade Stand, Alex's Lemonade, Alex's Lemonade Stand Foundation For Childhood Cancer   |   Wynnewood, PA   |  www.alexslemonade.org
GuideStar Charity Check

Alex's Lemonade Stand Foundation for Childhood Cancer

EIN: 56-2496146


Mission

To change the lives of children with cancer through funding impactful research, raising awareness, supporting families, and empowering everyone to help cure childhood cancer.

Ruling year info

2005

Co-Executive Director

Jay Scott

Co-Executive Director

Liz Scott

Main address

333 E. Lancaster Ave. #414

Wynnewood, PA 19096 USA

Show more contact info

EIN

56-2496146

Subject area info

Diseases and conditions

Cancers

Population served info

Children and youth

People with diseases and illnesses

NTEE code info

Cancer (G30)

Philanthropy / Charity / Voluntarism Promotion (General) (T50)

What we aim to solve

SOURCE: Self-reported by organization

In the United States, childhood cancer is the leading cause of death by disease in children under the age of 19. Every day, 43 kids are diagnosed with cancer in the U.S. Recognizing the importance of collaboration in order to increase impact, ALSF partners with other foundations and organizations seeking to make a profound difference. We know that, together, we can catalyze research and get to cures for all kids, faster. Less than 4-percent of the federal cancer research budget is allocated to childhood cancers – which includes dozens of types and subtypes. As such, the need for more research funding is dire, especially for hard-to-treat childhood cancers. Since 2005, ALSF has worked to fill this critical, unmet need by funding the most promising research across the U.S. and Canada.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Childhood Cancer Research

To fund the top childhood cancer research projects.  One area that ALSF especially likes is seed funding so that our money can be leveraged into larger funding using the preliminary data generated from our funding.  Another area of interest is to fund infrastructure in clinical trial programs so that the sickest children can get the treatments they need quicker.

Population(s) Served
Adults

Alex's Lemonade Stand Foundation provides resources for families through our Super Sibs and Travel for Care Programs.

SuperSibs is dedicated to comforting, encouraging, and empowering siblings during their family’s battle against childhood cancer, so these children and teens can face the future with courage and hope.

Alex’s Lemonade Stand Travel For Care Program recognizes the financial burden that families often encounter, and offers assistance to families who face the need to travel for childhood cancer treatment. Since 2008, ALSF has provided over 530 flights, 3,400 nights of lodging and 18,000 gas cards.

Population(s) Served
Adults

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of research studies funded

This metric is no longer tracked.
Totals By Year
Related Program

Childhood Cancer Research

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Number of children enrolled in ALSF's SuperSibs program

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth

Related Program

Family Services

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Number of families receiving travel assistance

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth

Related Program

Family Services

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Alex's Lemonade Stand Foundation's ultimate goal is to find cures for all kids with cancer. In the interim, the Foundation is working to find better treatments to lessen the life-long side effects of current therapies. In addition to working toward cures, the Foundation also works to ease the journey of childhood cancer for families by providing resources including a Travel Fund to help get children to the treatments they need, a free treatment journal to help parents stay organized and keep track of important information, and the SuperSibs powered by Alex's Lemonade Stand Foundation program dedicated to comforting, encouraging, and empowering siblings during their family's battle against childhood cancer.

With the guidance of our expert Scientific Advisory Board, the contributions of supporters are helping to fund grants awarded to researchers who have submitted promising projects searching for better treatments and cures for childhood cancers. The Foundation is dedicated to filling critical gaps, speeding up the process of not only promising research, but getting that research into clinical trial and helping children as quickly as possible.

With a growing staff, led by the passionate parents of founder Alexandra "Alex" Scott (1996-2004), the Foundation is well on its way toward finding cures for all kids with cancer. With thousands of supporters across the country contributing to the cause annually, corporate partners dedicated to the mission and the best and brightest researchers, cures are on the horizon.

To date, research funded by the Foundation has made important strides in the fight against childhood cancer. Among the progress seen, a clinical trial for children harboring a specific cancer causing gene, anaplastic lymphoma kinase (ALK). The trial was testing the effectiveness of a drug crizotinib that was already being used to treat lung cancer in adults and specifically looks to disrupt this gene. For 7 out of 8 kids who were enrolled in the trial, this is exactly what happened – there is no trace of the cancer. Better yet, crizotinib is a pill as opposed to IV chemotherapy, which minimal toxicities associated with it in spite of high dosages, and within days of taking it – it helped reduce fevers, chills and pains that some of the kids were previously experiencing.

Additionally, Matthias Gromeier, MD, of Duke Medical Center, was among the early research grantees from Alex's Lemonade Stand Foundation. His proposal to use the poliovirus to kill cancer cells, specifically pediatric glioblastoma - an aggressive form of brain cancer, earned him an ALSF Innovation Grant in 2006. Now, early results from a clinical trial at Duke have found that a modified version of the poliovirus is proving effective in treating patients with glioblastoma. ALSF funds supported research that contributed to making this clinical trial possible.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • 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 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

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, 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

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback, It is difficult to identify actionable feedback

Financials

Alex's Lemonade Stand Foundation for Childhood Cancer
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

3.77

Average of 5.93 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

10.5

Average of 7.4 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

20%

Average of 20% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Alex's Lemonade Stand Foundation for Childhood Cancer

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Alex's Lemonade Stand Foundation for Childhood Cancer

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

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 ending: cloud_download Download Data

Alex's Lemonade Stand Foundation for Childhood Cancer

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Alex's Lemonade Stand Foundation for Childhood Cancer’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.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $780,901 $1,064,282 $3,110,275 $3,297,877 $1,889,497
As % of expenses 3.3% 4.1% 20.7% 15.2% 8.1%
Unrestricted surplus (deficit) after depreciation $630,873 $879,409 $2,936,965 $3,154,823 $1,755,793
As % of expenses 2.6% 3.4% 19.3% 14.5% 7.5%
Revenue composition info
Total revenue (unrestricted & restricted) $25,033,308 $26,545,827 $18,580,108 $24,897,916 $26,830,754
Total revenue, % change over prior year 22.5% 6.0% -30.0% 34.0% 7.8%
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 1.1% 1.0% 1.3% 1.7% 1.3%
Government grants 0.0% 0.0% 3.3% 0.0% 2.7%
All other grants and contributions 95.0% 95.5% 86.5% 91.8% 90.3%
Other revenue 4.0% 3.5% 8.9% 6.5% 5.7%
Expense composition info
Total expenses before depreciation $24,005,254 $25,696,268 $15,024,379 $21,663,101 $23,388,132
Total expenses, % change over prior year 9.1% 7.0% -41.5% 44.2% 8.0%
Personnel 15.7% 16.1% 27.8% 18.5% 20.0%
Professional fees 0.2% 0.3% 0.3% 0.2% 0.2%
Occupancy 1.9% 1.3% 2.3% 0.8% 1.3%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 73.3% 74.6% 63.6% 76.1% 73.0%
All other expenses 8.9% 7.6% 6.0% 4.4% 5.5%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $24,155,282 $25,881,141 $15,197,689 $21,806,155 $23,521,836
One month of savings $2,000,438 $2,141,356 $1,252,032 $1,805,258 $1,949,011
Debt principal payment $0 $0 $0 $0 $718,215
Fixed asset additions $224,941 $0 $0 $0 $1,150,841
Total full costs (estimated) $26,380,661 $28,022,497 $16,449,721 $23,611,413 $27,339,903

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 5.3 5.1 10.5 8.3 10.5
Months of cash and investments 8.2 8.5 17.7 13.9 15.0
Months of estimated liquid unrestricted net assets 4.6 4.8 10.6 9.1 8.8
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $10,561,432 $10,912,574 $13,204,682 $15,030,885 $20,397,557
Investments $5,838,015 $7,377,828 $9,010,701 $10,066,253 $8,806,657
Receivables $347,989 $712,575 $372,403 $1,548,743 $1,194,077
Gross land, buildings, equipment (LBE) $1,347,730 $1,461,997 $1,494,072 $1,581,793 $2,981,916
Accumulated depreciation (as a % of LBE) 69.1% 75.1% 83.5% 86.5% 58.7%
Liabilities (as a % of assets) 25.4% 26.4% 18.7% 17.7% 25.2%
Unrestricted net assets $9,670,166 $10,549,563 $13,486,528 $16,641,351 $18,397,144
Temporarily restricted net assets $1,426,041 N/A N/A N/A N/A
Permanently restricted net assets $1,825,481 N/A N/A N/A N/A
Total restricted net assets $3,251,522 $4,056,867 $5,470,820 $5,840,718 $5,584,690
Total net assets $12,921,688 $14,606,430 $18,957,348 $22,482,069 $23,981,834

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Co-Executive Director

Jay Scott

Jay Scott is the Co-Executive Director of Alex's Lemonade Stand Foundation. When his daughter Alexandra “Alex" Scott decided to hold a lemonade stand to help doctors find new treatments and ultimately a cure for all childhood cancers, including her own, Jay and his wife Liz supported Alex's mission every step of the way. After cancer took Alex's life they continued Alex's legacy of hope. What started as the vision of one little girl has been embraced by a team of 100,000 volunteers.

Co-Executive Director

Liz Scott

Liz Scott is the Co-Executive Director of the Foundation, but she is most proud of her title of "Mom" to her three sons, (Patrick, Eddie, and Joey) and her daughter Alex (our founder). When Alex decided to hold a lemonade stand to help other children with cancer, Liz and her husband Jay, were happy to serve as her helpers! Along with helping Alex host her yearly lemonade stands, Liz and her family soon found themselves answering emails and phone calls, planning fundraising events, and helping to organize the early grassroots efforts of Alex's Lemonade Stand. Today, Liz is honored to work alongside her husband Jay, the staff and board of directors, as well as the dedicated sponsors and supporters as they continue to fight childhood cancer, one cup at a time!

Number of employees

Source: IRS Form 990

Alex's Lemonade Stand Foundation for Childhood Cancer

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

Alex's Lemonade Stand Foundation for Childhood Cancer

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

Alex's Lemonade Stand Foundation for Childhood Cancer

Board of directors
as of 01/24/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Larry Vincent

Conclusive

Term: 2015 -

Stephen Cohn

Sage Financial Group

Jocelyn Hillman

Parent Advocate

Billy King

Radio Host/TV Analyst

Jay Scott

Alex's Lemonade Stand Foundation

Mary Austen

Tierney Communications

Liz Scott

Alex's Lemonade Stand Foundation

Marc Bruno

Aramark

Joel Frank

Lamb McErlane, PC

Gianna Jackson

Attorney and Corporate Social Responsibility Professional

Meena Mansharamani

Intend Growth, LLC

Jeff Snyder

Inspira Marketing Group

Sue Naegle

Kristin Kelly

Former Branding and Merchandising Executive, Lancôme and Cole Haan

Ann Weiser

Weiser Works

Larry Vincent

Marketing, USC Marshall School of Business; Founder - Conclusive

Eric Clair

BDT & Company

Michael Harad

Ernst & Young

Chip Olson

The Olson Research Group, Inc.

Organizational demographics

SOURCE: Self-reported; last updated 4/20/2021

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:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.