HIRSHBERG FOUNDATION FOR PANCREATIC CANCER RESEARCH
Mission Statement
Founded in 1997, the Hirshberg Foundation for Pancreatic Cancer Research is a national, nonprofit organization dedicated to advancing pancreatic cancer research, and providing information, resources, and support to pancreatic cancer patients and their families. Our mission is: • To find a cure for pancreatic cancer in honor of Ron Hirshberg and the thousands of people who are diagnosed with this disease each year. • To create a premier Pancreatic Cancer Center where all needs of pancreatic cancer patients can be met in one location with the most advanced treatment options. • To be recognized as a patient support reference source for pancreatic cancer patients and their families. • To fund new projects and programs designed to improve patient care, treatment and, ultimately, pancreatic cancer survival rates. • To integrate and unite generations, young and old, through physical fitness participation, while creating public awareness and raising money to find a cure for pancreatic cancer.
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
|
70.2% | 90.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.4% | 8.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
12.5% | 2.1% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
59.7% | 148.1% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
12.2 mo | 80.9 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
7.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
89.0% | 89.7% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-2.0% | 21.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
0.9% | 9.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-10.6% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.8M | $3.1M | $3.1M | 70.2% | 9 |
| 2023 | $2.8M | $3.1M | $3.2M | 73.8% | 8 |
| 2022 | $2.4M | $2.6M | $3.0M | 73.3% | 7 |
| 2021 | $4.1M | $1.5M | N/A | — | 7 |
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