Civic Intelligence

Cure CMD Inc.

990 • Fiscal year 2021 • EIN 26-2640975

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 25, 2022

3217 East Carson Street 1014Lakewood, CA 90712-4006

(913) 522-6993

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.20x

Higher debt load relative to assets than 73% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

79th percentile

0.29x

Higher debt load relative to revenue than 79% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

26th percentile

-1.1%

Higher net margin than 26% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

82nd percentile

$81,807

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

55th percentile

13%

Faster asset growth than 55% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

14th percentile

-25%

Faster revenue growth than 14% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$883,165

Up $99,318 (+13%) from 2020

Net Assets

Up

$710,025

Up $195,975 (+38%) from 2020

Liabilities

Down

$173,140

Down $96,657 (-36%) from 2020

Revenue

Down

$587,488

Down $192,071 (-25%) from 2020

Expenses

Down

$593,976

Down $261,634 (-31%) from 2020

Net Income

Up

-$6,488

Up $69,563 (+91%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2020: $783,847Liabilities 2020: $269,797Net Assets 2020: $514,0502020Assets 2021: $883,165Liabilities 2021: $173,140Net Assets 2021: $710,0252021Assets 2022: $848,970Liabilities 2022: $577,044Net Assets 2022: $271,9262022Assets 2023: $546,128Liabilities 2023: $306,195Net Assets 2023: $239,9332023Assets 2024: $508,508Liabilities 2024: $33,793Net Assets 2024: $474,7152024

Highlighted filing

2021

Assets$883,165
Liabilities$173,140
Net Assets$710,025

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2020: $779,559Expenses 2020: $855,610Net Income 2020: -$76,0512020Revenue 2021: $587,488Expenses 2021: $593,976Net Income 2021: -$6,4882021Revenue 2022: $1,065,492Expenses 2022: $1,503,582Net Income 2022: -$438,0902022Revenue 2023: $579,330Expenses 2023: $611,323Net Income 2023: -$31,9932023Revenue 2024: $677,234Expenses 2024: $442,453Net Income 2024: $234,7812024

Highlighted filing

2021

Revenue$587,488
Expenses$593,976
Net Income-$6,488
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 25, 2022
Return Version
2021v4.0
Gross Receipts
$587,488
Mission and Program Overview

Mission

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.

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 together with dedicated parents government and research advocates. Cure CMD will find and fund high potential research & clinical trials.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$664,717$765,607▲ $100,890
Cash and Non-Interest-Bearing Accounts$123,203$103,787▼ $19,416
Accounts Receivable$235,165$13,771▼ $221,394
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$1,023,085$883,165▼ $139,920
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$281,750$157,000▼ $124,750
Other Liabilities$21,275$15,349▼ $5,926
Accounts Payable and Accrued Expenses$3,547$791▼ $2,756
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$306,572$173,140▼ $133,432
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$716,513$710,025▼ $6,488
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$716,513$710,025▼ $6,488
Total Liabilities and Net Assets / Fund Balance$1,023,085$883,165▼ $139,920

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert SunrisPresidentPT$81,807$81,807
Revenue and Support

Revenue Composition

Contributions and Grants
$561,431
Program Service Revenue
$26,300
Investment Income
$-243
Other Revenue
$0
All Other Contributions
$561,431
Change in Net Assets
$-6,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$322,734
Other Expenses$217,033
Total Fundraising Expense$96,036
Grants and Similar Amounts Paid$54,209
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$169,313$31,673$40,942$241,927
Office Expenses$100,203$26,301$44,833$171,336
Current Officers, Directors, Trustees, and Key Employees$55,701$14,845$10,261$80,807
Grants to Domestic Orgs$28,200--$28,200
Foreign Grants$23,000--$23,000
Conferences and Meetings$17,803$0$0$17,803
Fees for Services Accounting$0$9,472$0$9,472
Fees for Services Legal$0$8,415$0$8,415
Insurance$2,860$5,506$0$8,365
Grants to Domestic Individuals$3,009--$3,009
Travel$1,642$0$0$1,642
Total Functional Expenses$401,731$96,212$96,036$593,976
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Institute of Health - Dr BonnemanBethesda, MD-Research Grant$25,000

International Summary

Offices
0
Employees
0
Spending
$23,000

International Compliance

Foreign grant records maintained
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe Including Iceland and GreenlandGrants to recipientsResearch Grants00$23,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll and PTO Balances$15,349
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 12C

The organization annually reviews the conflict of interest policy and periodically asks its board members to attest to their adherence to the policy.

Part VI, Line 19

The orgainization's governing documents conflict of interest policy and financial statements are available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Cure Cmd
EIN
26-2640975
In Care Of
% Patrick May
Phone
9135226993
Address
3217 EAST CARSON STREET 1014, LAKEWOOD, CA 90712-4006

Signing Officer

Name
Patrick May
Title
Treasurer
Signed
2022-10-25
Discuss with paid preparer
No

Organization Details

Formed
2008
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
12
Employees
5
Volunteers
5
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IRS990/MissionDesc0Cure 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.
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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $500k-$1M nonprofits