Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
EIN 26-2640975 • 501(c)3 • Lakewood, CA
Profile
Cure CMD's mission is to bring research treatments and in the future a cure for Congenital Muscular Dystrophies. Cure CMD will achieve this mission by working globally with dedicated parent government and research advocates. By focusing on this mission Cure CMD will find and fund high potential research and clinical trials.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
Liabilities / Revenue
61st percentile
Higher debt load relative to revenue than 61% of similar nonprofits.
Net Margin
83rd percentile
Higher net margin than 83% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
11th percentile
Faster asset growth than 11% of similar nonprofits.
Revenue Growth
16th percentile
Faster revenue growth than 16% of similar nonprofits.
Assets
Down$508,508
Down $37,620 (-6.9%) from 2023
Liabilities
Down$33,793
Down $272,402 (-89%) from 2023
Net Assets
Up$474,715
Up $234,782 (+98%) from 2023
Revenue
Up$677,234
Up $97,904 (+17%) from 2023
Expenses
Down$442,453
Down $168,870 (-28%) from 2023
Net Income
Up$234,781
Up $266,774 (+834%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Cure CMDs mission is to advance research toward treatments for the congenital muscular dystrophies and empower those living with CMD through engagement and support of our community.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $255,452 | $318,736 | ▲ $63,284 |
| Savings and Temporary Cash Investments | $283,489 | $189,772 | ▼ $93,717 |
| Accounts Receivable | $7,187 | $0 | ▼ $7,187 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Pledges and Grants Receivable | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Investments in Publicly Traded Securities | $0 | $0 | → $0 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Prepaid Expenses and Deferred Charges | $0 | $0 | → $0 |
| Total Assets | $546,128 | $508,508 | ▼ $37,620 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $4,859 | $28,793 | ▲ $23,934 |
| Other Liabilities | $25,585 | $0 | ▼ $25,585 |
| Grants Payable | $275,750 | $5,000 | ▼ $270,750 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $306,194 | $33,793 | ▼ $272,401 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $199,299 | $260,374 | ▲ $61,075 |
| Net Assets With Donor Restrictions | $40,635 | $214,341 | ▲ $173,706 |
| Total Net Assets Fund Balance | $239,934 | $474,715 | ▲ $234,781 |
| Total Liabilities and Net Assets / Fund Balance | $546,128 | $508,508 | ▼ $37,620 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Rachel Alvarez | Executive Director Secretary | FT | $108,898 | $108,898 |
| Name | Title |
|---|---|
| Robert Sunris | President |
| Eunice Kim | Vice President |
| Anthony Parisi | Board Member |
| Dr Carla Grossman | Board Member |
| Dr Jodi Wolff | Board Member |
| Dr John Day | Board Member |
| Dr Oscar H Mayer | Board Member |
| Jeff Rowbottom | Board Member |
| Mark Beare | Board Member |
| Mindy Roberts | Board Member |
| Tim Knutson | Board Member |
| Hilary Dover | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $294,891 |
| Other Expenses | $130,062 |
| Total Fundraising Expense | $52,795 |
| Grants and Similar Amounts Paid | $17,500 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $156,794 | $17,975 | $11,224 | $185,993 |
| Current Officers, Directors, Trustees, and Key Employees | $60,186 | $22,270 | $26,442 | $108,898 |
| Information Technology | $32,721 | $5,477 | $0 | $38,198 |
| Office Expenses | $484 | $15,120 | $15,129 | $30,733 |
| Fees for Services Accounting | $0 | $27,425 | $0 | $27,425 |
| Fees for Services Other | $20,480 | $0 | $0 | $20,480 |
| Foreign Grants | $17,500 | - | - | $17,500 |
| Travel | $10,605 | $0 | $0 | $10,605 |
| Insurance | $0 | $2,621 | $0 | $2,621 |
| Total Functional Expenses | $298,770 | $90,888 | $52,795 | $442,453 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Europe Including Iceland and Greenland | Grants to recipients | Research Grants | 0 | 0 | $17,500 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
“The 990 is prepared by the Treasurer of the organization based on financial statements recorded in the organizations accounting system. Financial reports are presented quarterly to the board and reviewed during quarterly meetings. The completed 990 is presented to the executive director upon completion.”
“The organization reviews the conflict of interest policy every two years and periodically asks its board members to attest to their adherence to the policy.”
“The organizations governing documents conflict of interest policy and financial statements are available to the public upon written request.”
“| Explanation:| Research Strategy - Scientific research provides the foundation for understanding the causes and course of disease and provides the opportunity to develop the tools necessary for establishing treatments that will slow stop or even reverse CMD symptom progression. Everyone living with a congenital muscular dystrophy has unmet needs and addressing those needs is at the core of Cure CMDs mission. We identify scientists and clinicians from around the world with a wide variety of expertise to remove treatment roadblocks building a rich and adaptable research environment that capitalizes on new technologies as they arise. We shepherd CMD research growth and breakthroughs and monitor advances in other neuromuscular conditions that could impact our own progress continually refining priorities that are responsive to the needs of our affected community. We participate in and often host scientific meetings that share and interrogate research progress while communicating the needs of our affected community to researchers so that their priorities are aligned. We encourage the interest and eagerness of young scientists encouraging them to continue careers focused on CMD research after completing their fellowships. Our Scientific Director stays abreast of the latest research publications to better understand and incorporate scientific progress and breakthroughs into our research plan and identify synergies between labs working in similar areas. Perhaps most importantly we maintain a continuous dialogue with the CMD community and expert clinicians to understand the evolving needs and priorities of affected individuals ensuring that we continue to fund the most promising research and clinical developments through our patient-centered vision.”
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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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Board Member |
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| IRS990/MissionDesc | 0 | Cure CMDs mission is to advance research toward treatments for the congenital muscular dystrophies and empower those living with CMD through engagement and support of our community. |
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