National Ovarian Cancer Coalition, Inc. Financial Statements December 31, 2014 (With Summarized Comparative Information For the Year Ended December 31, 2013)

TABLE OF CONTENTS

Page No.

Independent Auditor's Report

1-2

Financial Statements Statement of Financial Position

3

Statement of Activities

4

Statement of Functional Expenses

5

Statement of Cash Flows

6

Notes to Financial Statements

7 - 17

Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of National Ovarian Cancer Coalition, Inc. as of December 31, 2014, and the changes in its net assets and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. Report on Summarized Comparative Information The financial statements as of and for the year ended December 31, 2013, were audited by Berger Lewis Accountancy Corporation, whose practice became part of ArmaninoLLP as of January 1, 2015, and whose report dated December 30, 2014, expressed an unmodified opinion on those statements. In our opinion, the summarized comparative information presented herein as of and for the year ended December 31, 2013 is consistent, in all material respects, with the audited financial statements from which it has been derived.

ArmaninoLLP San Jose, California August 20, 2015

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National Ovarian Cancer Coalition, Inc. Statement of Financial Position December 31, 2014 (With Comparative Totals as of December 31, 2013)

ASSETS 2014 Current assets Cash and cash equivalents Investments Contributions receivable Prepaid expenses Donated tote bags inventory Total current assets

$

1,573,010 $ 583,080 12,589 176,564 2,345,243

2013 1,431,614 784,494 12,541 72,163 2,300,812

Property and equipment, net

23,453

12,947

Other assets Rent and security deposits

14,438

15,136

$

Total assets

2,383,134 $

2,328,895

54,566 $ 53,178 55,066 56,510 219,320

103,338 42,174 38,567 30,000 214,079

LIABILITIES AND NET ASSETS Current liabilities Accounts payable and accrued liabilities Wages payable Accrued vacation Deferred revenue Total current liabilities

$

Net assets Unrestricted net assets Temporarily restricted net assets Total net assets $

Total liabilities and net assets

2,023,814 140,000 2,163,814

2,084,816 30,000 2,114,816

2,383,134 $

2,328,895

The accompanying notes are an integral part of these financial statements -3-

National Ovarian Cancer Coalition, Inc. Statement of Activities For the Year Ended December 31, 2014 (With Comparative Totals for the Year Ended December 31, 2013)

2014

Temporarily Restricted

Unrestricted Support and revenue Awareness events (includes in-kind income of $297,201 and $274,523) $ Less: cost of direct benefits to participants (includes in-kind expenses of $120,637 and $274,523) Individual contributors Corporations Special events (includes in-kind income of $10,074 and $4,626) Less: cost of direct benefits to donors (includes in-kind expenses of $10,074 and $4,626) Outside fundraisers Investment income, net Net assets released from restrictions Total support and revenue Expenses Program Services Take Early Action and Live (TEAL) Run/Walk to Break the Silence on Ovarian Cancer Faces of Hope Total program services Supporting services Management and general Fundraising Total supporting services Total expenses Change in net assets

$

(227,628) 576,815 75,171 123,245

$

-

(26,924) 79,460 4,048 80,000 3,689,470

(80,000) 110,000

3,005,283

TOTAL $

2,876,378

(227,628) 676,815 165,171

(391,066) 429,411 109,466

123,245

119,364

(26,924) 79,460 4,048 3,799,470

(44,777) 82,067 6,120 3,186,963

973,601

-

973,601

727,965

1,655,862 303,823 2,933,286

-

1,655,862 303,823 2,933,286

1,588,167 249,486 2,565,618

425,360 391,826 817,186

-

425,360 391,826 817,186

456,088 387,742 843,830

3,750,472

-

3,750,472

3,409,448

2,084,816 $

-

TOTAL

100,000 90,000

(61,002)

Net assets, beginning of year Net assets, end of year

3,005,283

2013

2,023,814

$

110,000

48,998

30,000

2,114,816

140,000

$

2,163,814

(222,485) 2,337,301 $

The accompanying notes are an integral part of these financial statements -4-

2,114,816

National Ovarian Cancer Coalition, Inc. Statement of Functional Expenses For the Year Ended December 31, 2014 (With Comparative Totals for the Year Ended December 31, 2013)

Take Early Action and Live (TEAL) Expenses Salaries and wages Payroll taxes Employee benefits Total salaries and related expenses

$

Run/Walk event costs Contract labor Other meetings and conferences Professional fees Marketing and advertising expenses Run/Walk registration and other credit card charges Rent and utilities Printing and copying Postage and shipping Supplies and materials Telecommunications Dues and subscriptions Website and internet Insurance Special event costs Permits, licenses and fees Repairs and maintenance Research support Depreciation Total functional expenses $ Percentage of total

271,037 25,406 22,311

PROGRAM SERVICES Run/Walk to Break the Silence on Ovarian Cancer Faces of Hope $

599,812 56,225 49,376

318,754

705,413

115,879

336,787 179,184

214,362 11,222

3,569 19,958

108,669

26.0 %

1,655,862 44.2 %

$

31,133 6,079 -

173,784 39,405 60,367 49,739 28,250 18,840 9,511 11,113 7,891 8,701 311 3,039 $

182,684 17,124 15,038

12,002 10,393 10,068 2,634 6,865 2,995 3,385 2,403 95 925 $

303,823 8.1 %

Management and General

Total

214,846

-

94,402 7,973 18,327 36,252 25,886 9,515 6,535 3,566 886 1,373 973,601

$

SUPPORTING SERVICES

$

1,053,533 98,755 86,725

$

144,799 12,026 10,562

1,239,013

167,387

336,787 295,063

2,267

249,064 37,259

2,871 201,842

108,669 173,784 145,809 78,733 78,134 67,136 51,591 22,021 21,033 13,860 8,701 1,292 5,337 2,933,286 78.3 %

$

Fundraising $

Total

176,745 16,568 14,550

$

2014

321,544 28,594 25,112

$

1,375,077 127,349 111,837

2013 $

1,225,058 116,077 84,209

375,250

1,614,263

1,425,344

2,267

336,787 297,330

215,461 326,141

1,052 1,052

3,923 202,894

252,987 240,153

146,791 175,861

29

102,341

102,370

211,039

204,596

21,200 8,430 2,525 4,668 841 4,029 2,376 6,174 71 650

11,611 7,524 3,098 4,788 5,551 29,894 3,875 2,325 9,810 55 92 895

21,200 20,041 10,049 7,766 5,629 9,580 29,894 6,251 8,499 9,810 55 163 1,545

194,984 165,850 88,782 85,900 72,765 61,171 51,915 27,284 22,359 9,810 8,756 1,455 6,882

187,954 177,256 96,039 78,921 139,684 52,990 42,377 35,592 9,793 23,437 10,415 50,000 10,796

425,360 11.3 %

207,863 -

$

391,826 10.4 %

The accompanying notes are an integral part of these financial statements -5-

TOTAL

$

817,186 21.7 %

$

3,750,472 100.0 %

$

3,409,448

National Ovarian Cancer Coalition, Inc. Statement of Cash Flows For the Year Ended December 31, 2014 (With Comparative Totals for the Year Ended December 31, 2013) 2014 Cash flows from operating activities Change in net assets Adjustments to reconcile change in net assets to net cash used in operating activities Depreciation Realized and unrealized losses on investments, net Donated tote bags inventory Changes in operating assets and liabilities Contributions receivable Prepaid expenses Rent and security deposits Accounts payable and accrued liabilities Wages payable Accrued vacation Deferred revenue Net cash used in operating activities

$

48,998 $

2013 (222,485)

6,882 1,454 (176,564)

10,796 796 -

12,541 59,574 698 (48,772) 11,004 16,499 26,510 (41,176)

11,774 (68,222) 7,806 15,227 (8,044) 30,000 (222,352)

Cash flows from investing activities Purchase of property and equipment Proceeds from sales of investments Net cash provided by investing activities

(17,389) 199,961 182,572

(6,259) 247,951 241,692

Net increase in cash and cash equivalents

141,396

19,340

1,431,614

1,412,274

1,573,010 $

1,431,614

Cash and cash equivalents, beginning of year $

Cash and cash equivalents, end of year

The accompanying notes are an integral part of these financial statements -6-

National Ovarian Cancer Coalition, Inc. Notes to Financial Statements December 31, 2014 1.

Organization National Ovarian Cancer Coalition, Inc. ("NOCC" or the "Organization") is a nonprofit public benefit corporation. The Organization's mission is to promote education and awareness about ovarian cancer. NOCC is committed to improving the survival rate and quality of life for women with ovarian cancer. The Organization currently provides program services nationwide. It is funded through contributions from the public and private sectors.

2.

Program Services Program Structure Programs and services that promote the Organization's mission consist of the following core areas: • Take Early Action and Live (TEAL)® (formerly Awareness and Education) • Program purpose is to promote education and prevent ovarian cancer • Run/Walk to Break the Silence on Ovarian Cancer® formerly Outreach and Conferences) • Program purpose is to raise awareness about ovarian cancer • Faces of Hope® (formerly Survivorship) • Program purpose is survivorship, quality of life, and research Programs and services are aimed at the Organization's identified target audiences:

• • •

• •

General public Survivors Caregivers

Loved ones Healthcare/Corporate

Take Early Action and Live (TEAL)® Initiative NOCC's education and awareness programs urging people to TEAL: Take Early Action and Live®. Signature Programs are Health Fairs, Speaker’s Bureau, September Awareness, Third-Party Community Fundraising Events, and Chapter Activities as well as the production and distribution of educational literature about ovarian cancer, treatment, and quality of life issues. Run/Walk to Break the Silence on Ovarian Cancer® The Organization's signature event raises awareness of ovarian cancer, honors survivors, and pays tribute to those lost to the disease. The Organization's Run/Walks encompass all parts of its mission and support its nationwide and local activities.

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National Ovarian Cancer Coalition, Inc. Notes to Financial Statements December 31, 2014 2.

Program Services (continued) Faces of Hope® The Organization's survivorship and quality of life program provides current information, hope, and support to women with ovarian cancer, their families and loved ones. The signature program is TEAL Totes/Packets. Chapters receive a list of American College of Surgeons (ACoS) and National Cancer Institute (NCI) accredited facilities within a 2550 mile radius of their location based on each facility’s annual ovarian cancer caseload. Each Chapter works closely with the Faces of Hope® Coordinator to build and/or strengthen the relationship with local facilities and arrange for them to distribute the TEAL Totes/Packets to their newly diagnosed ovarian cancer patients. The Faces of Hope® Coordinator works directly with facility’s where there is not a current chapter. Research in Action Initiativesm The Organization has affirmed its commitment to funding research with the Research in Action Initiativesm. In collaboration with Stand Up To Cancer, Ovarian Cancer National Alliance and Ovarian Cancer Resource Fund, National Ovarian Cancer Coalition, Inc. is committed to supporting the new Ovarian Cancer Dream Team, and the promise of leadingedge, ovarian cancer research. In 2014, NOCC met program service deliverables by accomplishing the following nationwide: Take Early Action and Live (TEAL)®

•

184 Health fairs

•

•

73 Speaker’s bureau presentations

•

51 Why TEAL activities (September Awareness) 43 Other community events

Run/Walk to Break the Silence on Ovarian Cancer

• •

19 Run/Walks raised awareness 1,136 survivors were honored

•

1,800 volunteers supported the cause

• •

1,534 teams fought for the cause 23,162 participated to “break” the silence on ovarian cancer

• •

131 Other community events 483 TEAL Packets were provided to women newly diagnosed with ovarian cancer

Faces of Hope®

• •

145 Volunteer events/chapter meetings 1,744 TEAL Totes distributed to ACoS/NCI accredited facilities to women newly diagnosed with ovarian cancer

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National Ovarian Cancer Coalition, Inc. Notes to Financial Statements December 31, 2014 3.

Summary of Significant Accounting Policies Basis of accounting The financial statements of National Ovarian Cancer Coalition, Inc. have been prepared on the accrual basis of accounting. Basis of presentation The Organization follows standards of accounting and financial reporting for voluntary health and welfare organizations. In accordance with accounting principles generally accepted in the United States of America, the Organization reports its financial position and operating activities in three classes of net assets: unrestricted net assets, temporarily restricted net assets, and permanently restricted net assets. Unrestricted net assets include those assets over which the Board of Directors has discretionary control in carrying out the operations of the Organization. Under this category, the Organization maintains an operating fund, property and equipment fund plus any net assets designated by the Board for specific purposes. Temporarily restricted net assets include those assets which are subject to donor restriction and for which the applicable restriction was not met as of the year end of the current reporting period. Permanently restricted net assets include those assets which are subject to a non-expiring donor restriction, such as endowments. There are currently no permanently restricted net assets. Comparative financial information The financial statements include certain prior-year summarized comparative information in total but not by net asset class or functional expense categories. Such information does not include sufficient detail to constitute a presentation in conformity with generally accepted accounting principles. Accordingly, such information should be read in conjunction with the Organization's financial statements for the year ended December 31, 2013, from which the summarized information was derived. Use of estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of support, revenue and expenses during the period. Accordingly, actual results could differ from those estimates. Cash and cash equivalents Cash and cash equivalents include highly liquid investments and investments with a maturity of three months or less, and exclude donor restricted receipts and amounts designated for long-term purposes. The Organization maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits. The Organization has not experienced any losses in such accounts. Management believes it is not exposed to any significant risk on cash accounts. -9-

National Ovarian Cancer Coalition, Inc. Notes to Financial Statements December 31, 2014 3.

Summary of Significant Accounting Policies (continued) Investments Investments in marketable securities with readily determinable fair values and all investments in debt securities are reported at their fair values in the statement of financial position. Unrealized gains and losses are included in the change in net assets. Fair value measurements Fair value is defined as "the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date." A hierarchy has been established to prioritize the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest ranking to fair values determined using unadjusted quoted prices in active markets for identical assets (Level 1) and the lowest ranking to fair values determined using methodologies and models with unobservable inputs (Level 3). Observable inputs are those that market participants would use in pricing the asset based on market data obtained from sources independent of the Organization. Unobservable inputs reflect the Organization's assumption about the inputs market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The fair value hierarchy is categorized into three levels based on the inputs as follows: Level 1 - Values are unadjusted quoted prices for identical assets and liabilities in active markets accessible at the measurement date. Level 2 - Inputs include quoted prices for similar assets or liabilities in active markets, quoted prices from those willing to trade in markets that are not active, or other inputs that are observable or can be corroborated by market data for the term of the instrument. Such inputs include market interest rates and volatilities, spreads and yield curves. Level 3 - Certain inputs are unobservable (supported by little or no market activity) and significant to the fair value measurement. Unobservable inputs reflect the Organization's best estimate of what hypothetical market participants would use to determine a transaction price for the asset or liability at the reporting date. Contributions receivable The Organization considers all contributions receivable to be fully collectible; accordingly, no allowance for doubtful accounts is considered necessary. Donated tote bags inventory Donated tote bags inventory consists of donated tote bags received but not distributed as of the year end. The donated tote bags are valued based on their standard retail price of $37 per bag (see Note 5).

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National Ovarian Cancer Coalition, Inc. Notes to Financial Statements December 31, 2014 3.

Summary of Significant Accounting Policies (continued) Property and equipment Property and equipment are recorded at cost or estimated fair value for donated items. Equipment purchases over $2,000 are capitalized. The cost of repairs and maintenance which do not improve or extend the lives of the respective assets are expensed currently. Depreciation is computed on the straight-line method based on the estimated useful lives of the assets, which range from 3 to 10 years. Depreciation is charged to the activity benefiting from the use of the property or equipment. Accrued vacation Accrued vacation represents vacation earned, but not taken as of 2014 and 2013. The accrued vacation balance as of December 31, 2014 and 2013 was $55,066 and $38,567, respectively. Revenue recognition The Organization recognizes support and revenue on the accrual basis of accounting. Revenue from grants which have been classified as "exchange transactions" and program fees are recognized as revenue in the period in which the service is provided. Contributions Contributions are recognized when the donor makes a pledge to give that is, in substance, an unconditional promise. Contributions are recorded as unrestricted, temporarily restricted, or permanently restricted depending on the nature of donor restrictions. Temporarily restricted contributions are reported as increases in restricted net assets. When the restriction is met the amount is shown as a reclassification of restricted net assets to unrestricted net assets. Contributions in-kind Donated equipment and other donated goods are recorded at their estimated fair value as of the date of the donation. Contributed services, which require a specialized skill and which the Organization would have paid for if not donated, are recorded at the estimated fair value at the time the services are rendered. The Organization also receives donated services that do not require specific expertise but which are nonetheless central to the Organization's operations. Expense allocation Directly identifiable expenses are charged to program and supporting services. Expenses related to more than one function are charged to program and supporting services based on an analysis of personnel time spent on the activities.

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National Ovarian Cancer Coalition, Inc. Notes to Financial Statements December 31, 2014 3.

Summary of Significant Accounting Policies (continued) Income taxes National Ovarian Cancer Coalition, Inc. is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and exempt from state income taxes under various state codes and statues. Accordingly, no provision for income taxes has been made in the accompanying statements. In addition, the Organization qualifies for the charitable contribution deduction under Section 170(b)(1)(A) of the Internal Revenue Code and has been classified as an organization that is not a private foundation under Section 509(a)(1) of the Internal Revenue Code. Uncertainty in income taxes Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the Organization in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The Organization's federal returns for the years ended December 31, 2011 and beyond could be subject to examination by federal taxing authorities, generally for three years after they are filed. The Organization’s state returns for the years ended December 31, 2010 and beyond could be subject to examination by state taxing authorities, generally for four years after they are filed. Advertising The Organization's policy is to expense marketing and advertising costs as the costs are incurred. Marketing and advertising expenses for the years ended December 31, 2014 and 2013 totaled $211,039 and $204,596, respectively Reclassifications Certain amounts in the prior year have been reclassified in order to be consistent with the current year presentation. Subsequent events Management of the Organization has evaluated events and transactions subsequent to December 31, 2014 for potential recognition or disclosure in the financial statements. The Organization had no subsequent events that required recognition or disclosure in the financial statements for the fiscal year ended December 31, 2014. Subsequent events have been evaluated through the date the financial statements became available to be issued, August 20, 2015.

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National Ovarian Cancer Coalition, Inc. Notes to Financial Statements December 31, 2014 4.

Investments The Organization's investment policy is to maintain a moderately conservative but balanced portfolio, with the primary investment objectives being the preservation of purchasing power and the preservation of capital. All of the following investments are classified as Level 1 investments (see Note 3). The fair value of investments as of December 31, was as follows:

Treasury plus money market mutual fund Certificate of deposit, with maturities between two months and two years

$

$

Total investments

2014

2013

331,878 $

331,838

251,202

452,656

583,080 $

784,494

Investment income for the years ended December 31, consisted of the following: 2014

5.

2013

Dividends and interest Realized and unrealized losses, net

$

5,502 $ (1,454)

6,916 (796)

Total investment income, net

$

4,048 $

6,120

Donated Tote Bags Inventory Donated tote bags inventory consists of donated tote bags received in November 2014 but not distributed as of December 31, 2014. The donated tote bags are planned to be distributed during future Awareness events and are valued based on their standard retail price of $37 per bag. Donated tote bags received, distributed, and held at year end consisted of the following: 2014 Donated tote bags received Donated tote bags distributed Donated tote bags inventory

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2013

$

177,600 $ (1,036)

-

$

176,564 $

-

National Ovarian Cancer Coalition, Inc. Notes to Financial Statements December 31, 2014 6.

Property and Equipment The cost and related accumulated depreciation of the property and equipment as of December 31, consisted of the following: 2014 Computers and software Office furniture Office equipment Less: accumulated depreciation $

Property and equipment, net

2013

105,091 26,366 5,703

87,702 26,366 5,703

137,160 (113,707)

119,771 (106,824)

23,453 $

12,947

Depreciation expense for the years ended December 31, 2014 and 2013 was $6,882 and $10,796, respectively.

7.

Temporarily Restricted Net Assets The Organization's temporarily restricted net assets as of December 31, consisted of the following: 2014 Support and donations Run/Walk to Break the Silence on Ovarian Cancer Research Total temporarily restricted net assets

8.

2013

$

40,000 $ 100,000

30,000 -

$

140,000 $

30,000

Net Assets Released from Restriction Net assets were released from restrictions during the year by incurring expenses satisfying the restricted purpose or the occurrence of other events specified by donors during the year ended December 31, 2014 as follows: 2014 Support and donations Run/Walk to Break the Silence on Ovarian Cancer Take Early Action and Live Literature development Total net assets released from restriction

- 14 -

$

30,000 30,000 20,000

$

80,000

National Ovarian Cancer Coalition, Inc. Notes to Financial Statements December 31, 2014 9.

Contributions In-Kind Contributions in-kind for the years ended December 31, consisted of the following: 2014 Awareness events Patient and survivor support items Auction and raffle items Professional services Food and beverages Materials and supplies Total contributions in-kind - awareness events

$

Special events Auction and raffle items Professional services Food and beverages Materials and supplies Total contributions in-kind - special events

10.

154,153 56,596 43,700 17,305 2,769 274,523

9,849 175 50 10,074 $

Total contributions in-kind

177,600 $ 49,488 43,749 21,142 5,222 297,201

2013

307,275 $

1,810 2,816 4,626 279,149

Joint Costs During the years ended December 31, 2014 and 2013, the Organization conducted activities that included requests for contributions, as well as program components. Those activities included digital media campaigns where the target group was provided information about the Organization and also requests were made for contributions. The costs of conducting those activities included a total of $144,879 and $179,765 of joint costs, for the years ended December 31, 2014 and 2013, respectively, which are not specifically attributable to particular components of the activities (joint costs). These joint costs, for years ended December 31, were allocated as follows:

Take Early Action and Live (TEAL) program services Fundraising

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2014

2013

$

108,659 $ 36,220

134,824 44,941

$

144,879 $

179,765

National Ovarian Cancer Coalition, Inc. Notes to Financial Statements December 31, 2014 11.

Operating Lease Commitments Headquarters - Dallas, Texas In August 2008, the Board approved and moved the Organization's headquarters from Boca Raton, Florida to Dallas, Texas under a five year office lease agreement at a rate of $4,487 per month for the first year and an increase of 1% to 2% per year thereafter until October 31, 2013. On May 22, 2013, the Organization exercised the option to extend the lease for a term of five years with monthly rent ranging from $4,605 in 2014 to $4,841 in 2019. Regional Office - Chicago, Illinois Effective February 1, 2012, the Organization entered into a five year office lease agreement at a rate of $1,473 per month for the first year and an increase of 3% per year thereafter. Regional Office - Pittsburgh, Pennsylvania Effective May 2006, the Organization entered into an office lease agreement for its Pennsylvania division, at a rate of $425 per month, through April 2008. The lease has an automatic renewal with one additional year at a monthly rate of $647 starting May 2015. Regional Office - Arlington, Massachusetts Effective September 2007, the Organization entered into an office lease agreement for its Massachusetts division. On November 24, 2014, the Organization exercised the option to renew the lease for three years, starting November 1, 2014, at a rate of $1,450 per month. There is an option to renew this lease for additional three years. Regional Office - Irvine The Organization leases office space with automatic annual renewals. In 2014 the monthly rate was $2,160. In 2015 the monthly rate will be $2,240. Regional Office - New York The Organization leases office space for a monthly rate of $1,300, with an expiration date of February 28, 2015. Rental expense for the years ended December 31, 2014 and 2013 was $163,064 and $175,388, respectively. Future minimum lease payments are as follows: Year Ending December 31,

Amount

2015 2016 2017 2018 2019 Total future minimum lease payments

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$

143,027 96,502 74,131 58,092 4,841

$

376,593

National Ovarian Cancer Coalition, Inc. Notes to Financial Statements December 31, 2014 12.

Ovarian Cancer Dream Team Funding Conditional Commitment During the year ended December 31, 2014 the Organization entered into a conditional Memorandum of Understanding ("MOU") outlining a desire to jointly fund a dream team dedicated to ovarian cancer research ("Ovarian Cancer Dream Team"). The total funding level of the Ovarian Cancer Dream Team is anticipated to be $6,000,000 over a four year period. The organizations wishing to jointly fund the Ovarian Cancer Dream Team include National Ovarian Cancer Coalition, Inc. ($1,500,000), Ovarian Cancer National Alliance ($1,500,000) and Ovarian Cancer Research Fund ($3,000,000). Payments to help fund the Ovarian Cancer Dream Team are contingent upon satisfactory progress and achievement of applicable milestones and deliverables of the Ovarian Cancer Dream Team. Under the terms of the MOU, National Ovarian Cancer Coalition, Inc. wishes to provide a maximum funding amount of $1,500,000 over a four year period as follows: Year Ending December 31,

Amount

2015 2016 2017 2018 Total

13.

$

375,000 375,000 375,000 375,000

$

1,500,000

Retirement Plan The Organization has a 401(k) retirement plan in which the employer matches employee contributions equal to 50% of the first 6% of eligible deferred compensation per pay period after three consecutive months of employment. Employer matching contributions are 100% vested immediately. Employees over the age 18 are immediately eligible for the plan. Employer contributions to the employee accounts for the years ended December 31, 2014 and 2013 were $13,253 and $11,343, respectively.

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