JOE ANDRUZZI FOUNDATION INC
Mission Statement
The Joe Andruzzi Foundation (JAF) is committed to providing help, hope, and a reason to smile, for New England cancer patients and their families by contributing financial support when needed most. JAF was established in 2008 to serve patients of all ages throughout New England who are experiencing financial hardships because of a cancer diagnosis. Founded by former New England Patriots player Joe Andruzzi and his wife Jen, JAF grew out of Joe’s own successful battle with cancer. In 2007, Joe was diagnosed with non-Hodgkin’s Burkitt’s lymphoma, ending his football career. Joe would go on to beat the disease and is cancer-free today. After witnessing first-hand the financial strains cancer can cause, a passion for helping others grew from their experience. Joe and Jen established JAF to help patients and their families cope with the often silent financial and emotional impacts of a cancer diagnosis and ensuing treatment. By establishing JAF, Joe and Jen transformed their lived experience with cancer into actionable solutions that provide help efficiently and as intended, as many treatment-related expenses are unexpected and come quickly.
Financial Overview — FY 2024
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.9% | 83.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.1% | 11.4% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
14.0% | 2.2% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
403.4% | 101.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.9 mo | 11.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
5.8% | 13.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
101.6% | 89.5% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-45.7% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
15.4% | 11.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-33.9% | 1.6% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| support for basic human needs such as food, transportation, household expenses, etc. | 5,000 | $650.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | N/A | N/A | N/A | — | 15 |
| 2023 | $2.7M | $3.6M | $3.6M | 79.9% | 19 |
| 2022 | $5.0M | $3.1M | $4.4M | 79.5% | 20 |
| 2021 | $3.9M | $2.5M | N/A | — | 15 |
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