Civic Intelligence

Cure Jm Foundation

990 • Fiscal year 2019 • EIN 35-2222262

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 17, 2020

19309 Winmeade Drive Suite 204Leesburg, VA 20176

(202) 596-6267

Siviq Scores

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

Liabilities / Assets

45th percentile

0.06x

Higher debt load relative to assets than 45% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

41st percentile

0.06x

Higher debt load relative to revenue than 41% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

64th percentile

9.5%

Higher net margin than 64% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

84th percentile

$152,773

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$1,920,336

No earlier filing loaded for comparison.

Net Assets

$1,814,470

No earlier filing loaded for comparison.

Liabilities

$105,866

No earlier filing loaded for comparison.

Revenue

$1,923,270

No earlier filing loaded for comparison.

Expenses

$1,740,400

No earlier filing loaded for comparison.

Net Income

$182,870

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2019: $1,920,336Liabilities 2019: $105,866Net Assets 2019: $1,814,4702019Assets 2020: $1,977,559Liabilities 2020: $217,801Net Assets 2020: $1,759,7582020Assets 2021: $2,049,716Liabilities 2021: $0Net Assets 2021: $2,049,7162021Assets 2022: $2,112,799Liabilities 2022: $0Net Assets 2022: $2,112,7992022Assets 2023: $2,301,494Liabilities 2023: $0Net Assets 2023: $2,301,4942023Assets 2024: $2,581,082Liabilities 2024: $0Net Assets 2024: $2,581,0822024

Highlighted filing

2019

Assets$1,920,336
Liabilities$105,866
Net Assets$1,814,470

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $1,923,270Expenses 2019: $1,740,400Net Income 2019: $182,8702019Revenue 2020: $1,907,570Expenses 2020: $1,964,707Net Income 2020: -$57,1372020Revenue 2021: $2,232,153Expenses 2021: $1,987,838Net Income 2021: $244,3152021Revenue 2022: $1,824,036Expenses 2022: $1,760,953Net Income 2022: $63,0832022Revenue 2023: $2,243,763Expenses 2023: $2,055,068Net Income 2023: $188,6952023Revenue 2024: $2,318,946Expenses 2024: $2,062,981Net Income 2024: $255,9652024

Highlighted filing

2019

Revenue$1,923,270
Expenses$1,740,400
Net Income$182,870
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 17, 2020
Return Version
2018v3.2
Gross Receipts
$2,018,688
Mission and Program Overview

Mission

To find better treatments and a cure for juvenile myositis and improve the lives of families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,299,313$1,136,751▼ $162,562
Savings and Temporary Cash Investments$774,566$783,585▲ $9,019
Other Notes and Loans Receivable, Net$50,000--
Prepaid Expenses and Deferred Charges$12,392--
Accounts Receivable$5,579--
Total Assets$2,144,275$1,920,336▼ $223,939
Other Assets Total$2,425--
Liabilities
Grants Payable$452,500--
Other Liabilities$63,553$105,866▲ $42,313
Accounts Payable and Accrued Expenses$16,697--
Total Liabilities$532,750$105,866▼ $426,884
Net Assets / Fund Balance
Unrestricted Net Assets$1,367,997$1,814,470▲ $446,473
Temporarily Rstr Net Assets$243,528--
Total Net Assets Fund Balance$1,611,525$1,814,470▲ $202,945
Total Liabilities and Net Assets / Fund Balance$2,144,275$1,920,336▼ $223,939
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
James MinowExecutive DiFT$152,773$152,773
James MinowExecutive Director-$152,773$152,773

Board Members and Trustees

NameTitle
Kevin CoffeyDirector
Kristine AlderferDirector
Suzanne EdisonDirector
Tracy Van NessDirector
Denise C DoriaCFO & Direct
Shari HumeCo-founder
Tom HumeCo-founder
Ragan CantrelleSecretary
Annie MitchellVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,854,330
Program Service Revenue
$0
Investment Income
$13,143
Other Revenue
$55,797
All Other Contributions
$1,094,139
Change in Net Assets
$182,870

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,923,270
Revenue Not Reported on Form 990
$95,418
Total Revenue per Audited Statements
$2,018,688
Total Revenue per Form 990
$1,923,270
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$880,722
Salaries, Compensation, and Employee Benefits$660,872
Total Fundraising Expense$357,618
Other Expenses$198,806
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$880,722--$880,722
Other Salaries and Wages$118,750$70,414$183,357$372,521
Current Officers, Directors, Trustees, and Key Employees$60,708$52,035$60,708$173,451
Payroll Taxes$52,900$18,447$43,553$114,900
Fees for Services Other$8,962$7,907$27,943$44,812
Office Expenses-$31,458$2,357$33,815
Fees for Services Accounting$2,509$14,216-$16,725
Conferences and Meetings$9,556$5,800-$15,356
Insurance-$6,612-$6,612
Other Expenses$3,284$655$1,210$5,149
Total Functional Expenses$1,153,839$228,943$357,618$1,740,400

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,835,818
Expenses per Audited Statements$1,740,400
Total Expenses per Form 990$1,740,400
Expenses Not Reported on Form 990$95,418
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Childhood Arthritis & RheumatologyMilwaukee, WI501c3Support the Expansio$262,548
National Center for AdvancingBethesda, MD501c3Advance Translationa$100,000
The George Washington UniversityAshburn, VA501c3Study to Explore Rel$95,000
ANN & ROBERT H LURIE CHILDREN'SChicago, IL501c3Conduct the Ongoing$87,500
Duke University Medical CenterDurham, NC501c3Juvenile Idiopathic$83,500
Hospital for Sick ChildrenWashington, DC501c3Provide Quality Care$73,938
Seattle Childrens HospitalSeattle, WA501c3-$60,014
Natl Institute of Envir Health ScieDurham, NCGov-$20,000
Global Conference on Myositis IncJacksonville, FL501c3Study of Myositis$11,581
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$95,418
Fundraising Gross Income$95,418
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Chicago Walk St$124,319$5,288$5,288$0
New York Walk S$138,495$4,795$4,795$0
Total Events$855,609$95,418$95,418-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$105,866
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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

Form 990, Page 6, Part VI, Line 2

Tom hume shari hume co-founder co-founder husband/wife

Form 990, Page 6, Part VI, Line 11B

Draft copy of form 990 was provided to the executive committee for review before it was filed.

Form 990, Page 6, Part VI, Line 12C

The organization regularly reviews contracts and relationships with vendors to assure compliance with its conflict of interest policy.

Form 990, Page 6, Part VI, Line 15A

The board of directors researched the compensation of comparable organizations based on job description and evaluated the performance of executive director.

Form 990, Page 6, Part VI, Line 19

The organization's exempt organization tax returns and audited financial statements are available for review on its website at www.curejm.org. The organization's form 1023, conflict of interest policy and other governing documents are available for review upon request.

Filing and Contact Details

Filer

Filer Name
Cure Jm Foundation
EIN
35-2222262
Phone
2025966267
Address
19309 WINMEADE DRIVE SUITE 204, LEESBURG, VA 20176

Signing Officer

Name
James Minow
Title
Executive Director
Phone
2025966267
Signed
2020-08-17

Organization Details

Principal Officer
James Minow
Formed
2003
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
1,910

Preparer

Firm
Toal Murray Day & Lalor LLC
Address
130 ADMIRAL COCHRANE DR SUITE 200, ANNAPOLIS, MD 21401-7368
Preparer
Thaddeus N Toal CPA
Phone
4102240343
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

The organization directly supported research as follows: 1) 196 ,106 to the cure jm center of excellence in jm research at stanley manne children's research institute, affiliated with ann & robert h. Lurie children's hospital in chicago, il. This facility has cared for over 600 children with jdm and other forms of inflammatory myopathy. The team is working to discover the biomarkers of jm activity to guide the utilization and/or creation of more effective therapies. They have already identified a variety of genetic and environmental factors that not only play a role in the onset of symptoms, but also govern the child' s outcome; 2) 200,000 to the gw medical faculty associates myositis center in washington, dc. As a national referral site for inflammatory muscle diseases, the center is often called upon to either establish a diagnosis or to provide a second opinion related to the management of children and adults with jm. The center also specializes in jm research and education working in collaboration with the national institute of health (nih); 3) 100,000 to nacts to advance translational science research in the area of juvenile autoimmune disorders; 4) 130,000 to george washington university for a study to explore relationships between various components of fatigue primarily mediated by the cardiorespiratory system ; 5 62,500 to carra to support expansion of the registry to include patients with jdm; 6) 120,000 to university of california, san francisco for a fellow to conduct research regarding longitudinal immune profiling for biomarker discovery in patients with jdm; 7 40 ,000 to university of pittsburgh to determine if ultrasound can detect muscle disease in children with active inflammation; 8) 1,031 for transcription services and recording devices related to a mental health focus group; and 10 65,000 to university of bath (uk) for validation of commercial myositis autoantibody panels leading to increased accessibility of testing, standardization in testing and improved diagnostic criteria.

Form 990, Part XI, Line 9

Reclassification of event expenses 95,418 reclassification of event expenses -95,418

Financial Statement Notes

Schedule D, Page 3, Part X

Cure jm foundation accounts for uncertainty in income tax positions in the financial statements by applying a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Management has analyzed the tax positions taken and has concluded that as of september 30, 2019, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.

Schedule D, Page 4, Part XI, Line 2D

Reclassification of event expenses 95,418

Schedule D, Page 4, Part XII, Line 2D

Reclassification of event expenses 95,418

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IRS990/PrincipalOfficerNm0JAMES MINOW
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ANNUAL NATIONAL FAMILY CONFERENCE & WALK STRONG TO CURE JM EVENT WAS HELD IN ARLINGTON, VA JUST OUTSIDE OF WASHINGTON, DC. 90 FAMILIES ATTENDED INCLUDING 40 GRANDPARENTS , 150+ PARENTS, 70 CHILDREN, 50 TEENS AND OVER A DOZEN YOUNG ADULTS. 90 MEDICAL PROFESSIONALS ALSO PARTICIPATED IN A 1-DAY MEDICAL CONFERENCE TO SHARE THE LATEST ADVANCEMENTS IN JM RESEARCH AND TREATMENTS. FAMILIES CAPPED THE WEEKEND WITH ATTENDANCE AT THE WALK STRONG TO CURE JM DC EVENT.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION IS COMMITTED TO INCREASING AWARENESS AND EDUCATION OF THIS RARE, INCURABLE AUTOIMMUNE DISEASE AS WELL AS PROVIDING A SUPPORT COMMUNITY FOR IMPACTED FAMILIES. THESE EFFORTS ARE ACCOMPLISHED THROUGH A VARIETY OF METHODS SUCH AS: ATTENDANCE AT MEDICAL CONFERENCES REPRESENTING CURE JM FOUNDATION AND ITS WORK/ACTIVITIES; DISTRIBUTION OF PRINTED INFORMATION CARDS, BROCHURES AND EDUCATIONAL BOOKS TO IMPACTED FAMILIES AND THE MEDICAL COMMUNITY; DISTRIBUTION OF WELCOME KITS TO NEWLY DIAGNOSED FAMILIES; NEWSLETTERS; EDUCATIONAL EVENTS AND GATHERINGS; FAMILY SUPPORT; SURVEY AND METRIC TOOLS; MAINTENANCE OF A PATIENT REGISTRY AND MESSAGE BOARD AND UPDATES/MAINTENANCE OF THE ORGANIZATION' S WEBSITE.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CURE JM FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAX POSITIONS IN THE FINANCIAL STATEMENTS BY APPLYING A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2019, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RECLASSIFICATION OF EVENT EXPENSES 95,418
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RECLASSIFICATION OF EVENT EXPENSES 95,418
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0NEW YORK WALK S
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT THE EXPANSIO
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1JUVENILE IDIOPATHIC
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2STUDY OF MYOSITIS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3PROVIDE QUALITY CARE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4ADVANCE TRANSLATIONA
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5STUDY TO EXPLORE REL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6CONDUCT THE ONGOING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CHILDHOOD ARTHRITIS & RHEUMATOLOGY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1DUKE UNIVERSITY MEDICAL CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2GLOBAL CONFERENCE ON MYOSITIS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3HOSPITAL FOR SICK CHILDREN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4NATIONAL CENTER FOR ADVANCING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5THE GEORGE WASHINGTON UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6ANN & ROBERT H LURIE CHILDREN'S
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7NATL INSTITUTE OF ENVIR HEALTH SCIE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8SEATTLE CHILDRENS HOSPITAL

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