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Financial Reports
Alliance for Cancer Gene Therapy, Inc.’s complete audited financial statements are available upon request.
View ACGT's IRS Form 990 for 2006 in PDF format.
| Condensed Statements of Activities |
2006 |
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2005 |
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| Support and revenue: |
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| Contributions |
$4,176,363 |
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$3,334,719 |
| Contributions for administrative expenses (specially designated) |
92,404 |
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47,000 |
| Contributed services |
181,057 |
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145,864 |
| Interest and dividend income |
82,782 |
|
47,006 |
| Realized and unrealized gains on investments, net |
218,159 |
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196,142 |
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| TOTAL SUPPORT AND REVENUE |
4,750,765 |
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3,770,731 |
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| Expenses: |
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| Program services: |
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| Research grants and awards |
3,946,262 |
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3,425,510 |
| Supporting services |
213,852 |
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148,439 |
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| TOTAL EXPENSES |
4,160,114 |
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3,573,949 |
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| Increase in total net assets |
590,651 |
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196,782 |
| Total net assets at beginning of year |
1,341,505 |
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1,144,723 |
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| TOTAL NET ASSETS AT END OF YEAR |
$1,932,156 |
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$1,341,505 |
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| Condensed Statements of Financial Position |
2006 |
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2005 |
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| Assets: |
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| Cash and cash equivalents |
$1,344,978 |
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$1,196,688 |
| Investments, at fair value |
3,197,082 |
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2,515,608 |
| Contributions receivable |
2,891,197 |
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1,507,304 |
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| TOTAL ASSETS |
7,433,257 |
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5,219,600 |
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| Liabilities and net assets: |
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| Liabilities: |
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| Grants payable |
5,486,635 |
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3,877,495 |
| Accounts payable and accrued expenses |
14,466 |
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600 |
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| TOTAL LIABILITIES |
5,501,101 |
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3,878,095 |
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| TOTAL NET ASSETS |
1,932,156 |
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1,341,505 |
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| TOTAL LIABILITIES AND NET ASSETS |
$7,433,257 |
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$5,219,600 |
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