Civic Intelligence

Drumsforcures Inc

EIN 20-8297035 • 501(c)3 • Charlotte, NC

Pub. 78 Eligible990-N CoverageNTEE T30

Profile

To promote cancer research

725 Providence RdCharlotte, NC 28207

drumsforcures :: drumstrong

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.79x

Higher debt load relative to assets than 93% of similar nonprofits.

NTEE T30 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

1.16x

Higher debt load relative to revenue than 95% of similar nonprofits.

NTEE T30 • <$500k nonprofits • Source year 2016

Net Margin

73rd percentile

30%

Higher net margin than 73% of similar nonprofits.

NTEE T30 • <$500k nonprofits • Source year 2016

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE T30 • <$500k nonprofits • Source year 2016

Asset Growth

74th percentile

26%

Faster asset growth than 74% of similar nonprofits.

NTEE T30 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

61st percentile

9.3%

Faster revenue growth than 61% of similar nonprofits.

NTEE T30 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$36,325

Up $7,430 (+26%) from 2015

Liabilities

Flat

$28,584

Flat from 2015

Net Assets

Up

$7,741

Up $7,430 (+2389%) from 2015

Operations
Liabilities / Revenue95th percentileNet Margin73rd percentile

Revenue

Up

$24,602

Up $2,083 (+9.2%) from 2015

Expenses

Up

$17,172

Up $2,876 (+20%) from 2015

Net Income

Down

$7,430

Down $793 (-9.6%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0-$20KAssets 2011: $40,405Liabilities 2011: $0Net Assets 2011: $40,4052011Assets 2012: $24,216Liabilities 2012: $0Net Assets 2012: $24,2162012Assets 2013: $9,721Liabilities 2013: $10,000Net Assets 2013: -$2792013Assets 2014: $25,048Liabilities 2014: $32,960Net Assets 2014: -$7,9122014Assets 2015: $28,895Liabilities 2015: $28,584Net Assets 2015: $3112015Assets 2016: $36,325Liabilities 2016: $28,584Net Assets 2016: $7,7412016

Highlighted filing

2016

Assets$36,325
Liabilities$28,584
Net Assets$7,741
Open 2016 Filing

Operations Trend

Revenue Growth61st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $63,105Expenses 2011: $36,472Net Income 2011: $26,6332011Revenue 2012: $31,843Expenses 2012: $48,032Net Income 2012: -$16,1892012Revenue 2013: -$1,132Expenses 2013: $23,363Net Income 2013: -$24,4952013Revenue 2014: $2,342Expenses 2014: $9,975Net Income 2014: -$7,6332014Revenue 2015: $22,519Expenses 2015: $14,296Net Income 2015: $8,2232015Revenue 2016: $24,602Expenses 2016: $17,172Net Income 2016: $7,4302016

Highlighted filing

2016

Revenue$24,602
Expenses$17,172
Net Income$7,430
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,325
Liabilities
$28,584
Net assets
$7,741
Revenue
$24,602
Expenses
$17,172
Net income
$7,430
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$36.3$28.6$7.74$24.6$17.2$7.43
2015Detailed filing. Detailed filing data is available for this year.$28.9$28.6$0.31$22.5$14.3$8.22
2014Detailed filing. Detailed filing data is available for this year.$25.0$33.0$7.91$2.34$9.98$7.63
2013Detailed filing. Detailed filing data is available for this year.$9.72$10.0$0.28$1.13$23.4$24.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$0.00$24.2$31.8$48.0$16.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.4$0.00$40.4$63.1$36.5$26.6
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$77,539
Mission and Program Overview

Mission

To promote cancer research

Program Services

DescriptionGrantsExpenses
TO RAISE AND DISTRIBUTE FUNDS TO OR FOR THE BENEFIT OF ORGANIZATIONS QUALIFYING WHOSE PRIMARY PURPOSE IS TO PROMOTE CANCER RESEARCH CARE FOR CANCER PATIENTS AND SUCH OTHER ACTIVI$2,004$15,168
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOTT L SWIMMERPresidentPT$0--
MASON SWIMMERVice PresidentPT$0--
STACEY SURRATTSecretary-$0--
PHILLIP W HEGG JD LLMTreasurer-$0--
RUSS GREENFIELDDirector-$0--
JEFFREY KNEISLDirector-$0--
MARK MOGULDirector-$0--
SHEILA KILBANEDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Drumstrong$38,489$14,683$44,739$-30,056
Total Events$38,489$14,683$50,854$-36,171
Filing and Contact Details

Filer

Filer Name
Drumsforcures Inc
EIN
20-8297035
Address
725 PROVIDENCE RD, CHARLOTTE, NC 28207

Signing Officer

Name
Scott L Swimmer
Title
President
Phone
7043757177
Signed
2017-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Russell L Groves CPA
Address
725 PROVIDENCE ROAD SUITE 331, CHARLOTTE, NC 28207
Preparer
Russell L Groves
Phone
7046883515
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Grantee grants under $5,000 amount 2,004”

Description of other expenses Part I line 16

“Description amountdepreciation from 4562 3,191amortization from 4562 73bank charges 269credit card fees 144travel & meetings 2,942dues and subscriptions 573meals & entertainment 710supplies 2,867insurance 358artist - facilitators 3,250internet web page 400taxes & permits 92”

Description of other assets Part II line 24

“Category beginning of year end of yeartrademark - net of amort 686 613equip - net of depreciation 3,903 712”

Description of total liabilities Part II line 26

“Category beginning of year end of yeardue to s swimmer 28,584 28,584”

Raw XML Appendix238 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/LobbyingActivitiesInd0false
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04589
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01325
IRS990EZ/OtherExpensesTotalAmt014869
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/PrintingPublicationsPostageAmt0299
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/SpecialEventsNetIncomeLossAmt0-36171
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt028584
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt017172
IRS990EZ/TotalProgramServiceExpensesAmt015168
IRS990EZ/TotalRevenueAmt024602
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt03500
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARTRADEMARK - NET OF AMORT 686 613EQUIP - NET OF DEPRECIATION 3,903 712
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARDUE TO S SWIMMER 28,584 28,584
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
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ReturnHeader/FilingSecurityInformation/IPTm014:51:47
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ReturnHeader/PreparerPersonGrp/PhoneNum07046883515
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RUSSELL L GROVES
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-11-13T14:49:35-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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