Civic Intelligence

Cure CMD Inc.

990 • Fiscal year 2023 • EIN 26-2640975

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

3217 East Carson Street 306Lakewood, CA 90712-4006

(913) 522-6993

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$546,128

Flat from 2023

Net Assets

Flat

$239,933

Flat from 2023

Liabilities

Flat

$306,195

Flat from 2023

Revenue And Expenses

Revenue

Flat

$579,330

Flat from 2023

Expenses

Flat

$611,323

Flat from 2023

Net Income

Flat

-$31,993

Flat from 2023

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 2023: $546,128Liabilities 2023: $306,195Net Assets 2023: $239,9332023Assets 2024: $508,508Liabilities 2024: $33,793Net Assets 2024: $474,7152024

Highlighted filing

2023

Assets$546,128
Liabilities$306,195
Net Assets$239,933

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 2023: $579,330Expenses 2023: $611,323Net Income 2023: -$31,9932023Revenue 2024: $677,234Expenses 2024: $442,453Net Income 2024: $234,7812024

Highlighted filing

2023

Revenue$579,330
Expenses$611,323
Net Income-$31,993
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$579,330
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$592,764$283,489▼ $309,275
Cash and Non-Interest-Bearing Accounts$250,838$255,452▲ $4,614
Accounts Receivable$5,368$7,187▲ $1,819
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$848,970$546,128▼ $302,842
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$546,000$275,750▼ $270,250
Other Liabilities$30,201$25,586▼ $4,615
Accounts Payable and Accrued Expenses$843$4,859▲ $4,016
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$577,044$306,195▼ $270,849
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$271,926$199,298▼ $72,628
Net Assets With Donor Restrictions$0$40,635▲ $40,635
Total Net Assets Fund Balance$271,926$239,933▼ $31,993
Total Liabilities and Net Assets / Fund Balance$848,970$546,128▼ $302,842
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gustavo DziewczapolskiScientific DirectorFT$120,381$120,381
Rachel AlvarezExecutive Director SecretaryFT$100,806$100,806

Board Members and Trustees

NameTitle
Robert SunrisPresident
Eunice KimVice President
Anthony ParisiBoard Member
Dr Carla GrossmanBoard Member
Dr Jodi WolffBoard Member
Dr John DayBoard Member
Dr Oscar H MayerBoard Member
Jeff RowbottomBoard Member
Mark BeareBoard Member
Mindy RobertsBoard Member
Tim KnutsonBoard Member
Patrick MayFormer Treasrer
Hilary DoverTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$559,923
Program Service Revenue
$0
Investment Income
$19,407
Other Revenue
$0
All Other Contributions
$525,800
Change in Net Assets
$-31,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$407,826
Other Expenses$102,423
Grants and Similar Amounts Paid$101,074
Total Fundraising Expense$92,812
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$191,544$32,979$82,498$307,020
Current Officers, Directors, Trustees, and Key Employees$73,502$17,388$9,916$100,806
Foreign Grants$78,500--$78,500
Information Technology$34,930$16,248$0$51,178
Office Expenses$984$32,675$398$34,056
Grants to Domestic Orgs$22,574--$22,574
Travel$8,407$0$0$8,407
Insurance$0$4,271$0$4,271
Fees for Services Legal$0$3,222$0$3,222
Conferences and Meetings$1,088$0$0$1,088
Fees for Services Accounting$0$201$0$201
Total Functional Expenses$411,529$106,984$92,812$611,323
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Institute of Neurological Disorders and StrokeBethesda, MD-Research Grant$19,000

International Summary

Offices
0
Employees
0
Spending
$78,500

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificGrants to recipientsResearch Grants00$50,000
Europe Including Iceland and GreenlandGrants to recipientsResearch Grants00$28,500
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$25,586
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 11B

The 990 is prepared by the Treasurer of the organization based on financial statements recorded in the organizations acconting system. Financial reports are presented quarterly to the board and reviewed during quaterly meetings. The completed 990 is presented to the executive director upon completion.

Part VI, Line 12C

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.

Part VI, Line 19

The organizations 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
% Hilary Dover
Phone
9135226993
Address
3217 EAST CARSON STREET 306, LAKEWOOD, CA 90712-4006

Signing Officer

Name
Hilary Dover
Title
Treasurer
Signed
2024-11-15

Organization Details

Formed
2008
Legal Domicile
Mn
Voting Board Members
14
Independent Board Members
13
Employees
6
Volunteers
5
Supplemental Narrative

Additional Explanations

Part III Line 4

| 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.

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