CARTI FOUNDATION INC
Mission Statement
To promote the finest quality cancer treatment and compassionate care while improving our knowledge through education and research. As the largest independent, not-for-profit cancer center in Arkansas, we believe very strongly in caring for the patient as a whole – including the physical, emotional and financial well-being of each patient. For more than 40 years, CARTI has been providing patient-centered, cutting-edge cancer care to every patient referred for treatment. CARTI offers state-of-the-art cancer treatment for more than 22,000 patients each year. CARTI provides an enhanced network of compassionate, comprehensive cancer care. Our vision is to be the cancer treatment destination.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
80.0% | 84.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.0% | 11.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.0% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
40.2 mo | 9.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
8.2% | 14.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.1% | 91.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-20.5% | 5.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
69.7% | 9.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
27.9% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $3.5M | $2.6M | $8.6M | 80.0% | 0 |
| 2022 | $4.4M | $1.5M | $6.8M | 62.3% | 0 |
| 2021 | $2.6M | $5.3M | N/A | — | 0 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.