Civic Intelligence

Cure Sanfilippo Foundation Elizas Story

990 • Fiscal year 2018 • EIN 46-4322131

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

PO Box 6901Columbia, SC 29260

(803) 413-0525

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

89th percentile

44%

Higher net margin than 89% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

33rd percentile

$130,000

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

19th percentile

-5.5%

Faster asset growth than 19% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

4th percentile

-54%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Down

$10,817,840

Down $625,040 (-5.5%) from 2017

Net Assets

Down

$10,817,840

Down $625,040 (-5.5%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$2,058,979

Down $2,374,567 (-54%) from 2017

Expenses

Up

$1,153,410

Up $554,290 (+93%) from 2017

Net Income

Down

$905,569

Down $2,928,857 (-76%) from 2017

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2013: $39,500Liabilities 2013: $0Net Assets 2013: $39,5002013Assets 2014: $2,208,202Liabilities 2014: $0Net Assets 2014: $2,208,2022014Assets 2015: $3,213,561Liabilities 2015: $0Net Assets 2015: $3,213,5612015Assets 2016: $4,511,454Liabilities 2016: $0Net Assets 2016: $4,511,4542016Assets 2017: $11,442,880Liabilities 2017: $0Net Assets 2017: $11,442,8802017Assets 2018: $10,817,840Liabilities 2018: $0Net Assets 2018: $10,817,8402018Assets 2019: $10,749,584Liabilities 2019: $27,553Net Assets 2019: $10,722,0312019Assets 2020: $10,163,332Liabilities 2020: $63,451Net Assets 2020: $10,099,8812020Assets 2021: $10,337,575Liabilities 2021: $0Net Assets 2021: $10,337,5752021Assets 2022: $9,625,770Liabilities 2022: $21,192Net Assets 2022: $9,604,5782022Assets 2023: $11,198,610Liabilities 2023: $24,536Net Assets 2023: $11,174,0742023Assets 2024: $13,871,255Liabilities 2024: $135,072Net Assets 2024: $13,736,1832024

Highlighted filing

2018

Assets$10,817,840
Liabilities$0
Net Assets$10,817,840

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $42,449Expenses 2013: $2,949Net Income 2013: $39,5002013Revenue 2014: $2,348,262Expenses 2014: $179,860Net Income 2014: $2,168,4022014Revenue 2015: $438,943Expenses 2015: $339,313Net Income 2015: $99,6302015Revenue 2016: $601,760Expenses 2016: $295,162Net Income 2016: $306,5982016Revenue 2017: $4,433,546Expenses 2017: $599,120Net Income 2017: $3,834,4262017Revenue 2018: $2,058,979Expenses 2018: $1,153,410Net Income 2018: $905,5692018Revenue 2019: $1,345,798Expenses 2019: $1,263,898Net Income 2019: $81,9002019Revenue 2020: $2,083,251Expenses 2020: $3,140,290Net Income 2020: -$1,057,0392020Revenue 2021: $2,229,880Expenses 2021: $2,586,338Net Income 2021: -$356,4582021Revenue 2022: $2,707,445Expenses 2022: $2,287,097Net Income 2022: $420,3482022Revenue 2023: $2,106,392Expenses 2023: $1,292,685Net Income 2023: $813,7072023Revenue 2024: $2,781,149Expenses 2024: $1,572,959Net Income 2024: $1,208,1902024

Highlighted filing

2018

Revenue$2,058,979
Expenses$1,153,410
Net Income$905,569
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$2,144,141
Mission and Program Overview

Mission

SEE ATTACHED STATEMENT

To advocate for and fund research directed towards a cure or treatment options for patients with Sanfilippo Syndrome

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,025,621$7,391,706▲ $366,085
Savings and Temporary Cash Investments$3,212,361$2,204,422▼ $1,007,939
Cash and Non-Interest-Bearing Accounts$1,204,896$1,221,712▲ $16,816
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$11,442,880$10,817,840▼ $625,040
Other Assets Total$2$0▼ $2
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$11,442,880$10,817,840▼ $625,040
Total Net Assets Fund Balance$11,442,880$10,817,840▼ $625,040
Total Liabilities and Net Assets / Fund Balance$11,442,880$10,817,840▼ $625,040
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Glenn O'NeillExecutive DirectorFT$122,000$8,000$130,000
Cara O'NeillChief SciencePT$75,000-$75,000

Board Members and Trustees

NameTitle
Daniel FraleyBoard Chair
Ben Von WongDirector
Faith McAngusDirector
Katie WaltonDirector
Rachael BestDirector
Valerie ByersDirector
Shelby LeonardySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,748,376
Program Service Revenue
$0
Investment Income
$31,628
Other Revenue
$278,975
All Other Contributions
$1,678,770
Change in Net Assets
$905,569

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded500$65,867Fair Market Value (FMV)
Total Noncash Contributions500$65,867-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$636,976
Salaries, Compensation, and Employee Benefits$286,619
Other Expenses$229,815
Total Fundraising Expense$140,270
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$407,050--$407,050
Foreign Grants$229,926--$229,926
Current Officers, Directors, Trustees, and Key Employees$133,250$30,750$41,000$205,000
Other Salaries and Wages$21,282$4,256$11,350$36,888
Advertising$21,537-$9,251$30,788
Other Employee Benefits$18,484$4,265$5,687$28,436
Fees for Services Legal$26,880--$26,880
Travel$18,777$4,731-$23,508
Office Expenses$15,649--$15,649
Payroll Taxes$9,569$2,208$2,944$14,721
All Other Expenses$6,850$4,161-$11,011
Conferences and Meetings$3,842$3,994-$7,836
Other Expenses$5,132$7,788$69,554$5,132
Fees for Services Accounting$3,300--$3,300
Insurance-$3,134-$3,134
Occupancy$2,898--$2,898
Pension Plan Contributions$908$182$484$1,574
Information Technology$713--$713
Total Functional Expenses$947,671$65,469$140,270$1,153,410
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Perlara PBCSan Francisco, CA-Creation and high throughput drug s$100,000
The Regents of University ofBerkeley, CA-Neural Stem Cells Engineered$96,985
Nationwide Childrens HospitaColumbus, OH-Research Preexisting AAV Antibodies$93,065
LA BiomedTorrance, CA-Application of neural stem cells de$70,000
The Pennsylvania State UniverState College, PA-Role of Autophagy in Mucopolysaccha$30,000
University of FloridaGainesville, FL-Stem Cell Therapy for Sanfilippo$17,000

International Summary

Spending
$182,500

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
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeGrantsSee Schedule O00$112,500
East Asia and the PacificGrantsSee Schedule O00$35,000
North AmericaGrantsSee Schedule O00$35,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$303,678
Fundraising Direct Expenses$24,703
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner/Auction 2$186,724$170,974-$170,974
Golf / Auction Event$83,426$58,571-$58,571
Total Events$373,284$303,678$24,703$278,975
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
Yes
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, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Glenn ONeill and Cara ONeill MD FAAP are husband and wife and only get one vote together.

Form 990, Part VI, Line 11B: Form 990 Review Process

All Board Members have reviewed the Form 990.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflicts of interest are reviewed during Board Meetings

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Employment Committee was established to determine compensation for the Executive Director/President. The Employment Committee is responsible for all hiring decisions, including compensation, benefits, job performance, etc. In 2018, the Employment Committee included Dan Fraley, Shelby Leonardi, Valerie Byers, Faith McAngus, and Katie Walton. The Employment Committee reviewed multiple 990's and other comparable benchmarks, to establish reasonable compensation for Executive Director/President. The Executive Director/President reports to the Employment Committee.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Employment Committee reviewed multiple 990's and other comparable benchmarks, to establish reasonable compensation for Chief Science Officer.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization's governing documents, policies, and financial statements are available upon request. The Form 990 is uploaded on the Guidestar website.

Filing and Contact Details

Filer

Filer Name
Cure Sanfilippo Foundation
EIN
46-4322131
Phone
8034130525
Address
PO Box 6901, Columbia, SC 29260

Signing Officer

Name
Glenn O'Neill
Title
President
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenn O'Neill
Formed
2013
Legal Domicile
Sc
Voting Board Members
8
Independent Board Members
7
Employees
3
Volunteers
80

Preparer

Firm
The Hobbs Group PA
Address
1704 Laurel Street, Columbia, SC 29201
Preparer
Will Stevens CPA
Phone
8037990555
Supplemental Narrative

Additional Explanations

Application of neural stem cells derived from patient iPSCs into immun

TITLE: Application of neural stem cells derived from patient iPSCs into immunodeficient MPSIII mouse model for the treatment of Sanfilippo SyndromeAwardee: LA Biomed1124 West Carson Street, Torrance, CA 90502EIN: 95-2138184AMOUNT IN 2018: $70,000 check paymentDate: 10/15/2018

Creating A MPSIII zebrafish model and brain specific in vivo lysosome

TITLE: Creating a MPSIII zebrafish model and brain specific in vivo lysosome reporter for drug screening and in vivo imaging of disease pathologyAWARDEE: Monash University710 Blackburn Road, Clayton, Victoria, 3168, AustraliaAMOUNT IN 2018: $35,000 wire transferDATE: 5/4/2018

Creation and high throughput drug screening novel gene-edited model or

TITLE: Creation and high throughput drug screening novel gene-edited model organisms (fly and worm) for MPSIIIA and MPSIIIBAwardee: Perlara PBC6000 Shoreline Ct., Suite 204, South San Francisco, CAAMOUNT IN 2018: $100,000.00 wire transferDate: 9/6/2018

Form 990, Part IV, Line 12A - Audited Financial Statements

As of the time of filing this 990, Cure Sanfilippo Foundation is undergoing an Audit for Calendar Year 2018. The Audit for Calendar Year 2017 has been completed.

Neural & Mesenchymal Stem Cell Mediated Gene Therapy

TITLE: Neural & Mesenchymal Stem Cell Mediated Gene TherapyAwardee: University Of Florida Board of TrusteesPO Box 113001, Gainesville, FL 32611Amount in 2018: $17,000 Check paymentDate: 6/6/2018EIN: 59-6002052

Neural Stem Cells Engineered to Produce Sulfamidase for treatment of S

TITLE: Neural Stem Cells Engineered to Produce Sulfamidase for treatment of Sanfilippo SyndromeAWARDEE: The Regents of the University of California AMOUNT IN 2018: $96,985.00EIN: 94-6036494DATE: 7/19/2018

New Therapy NDST1 Mucopolysaccharidosis

TITLE: New Therapy NDST1 MucopolysaccharidosisAwardee: Sick Kids Research Institute686 Bay Street, 3rd Floor, Research Operations, Toronto, Ontario, M5G 0A4AMOUNT IN 2018: $82,426.00 Check Payment Date: 11/8/2018

Overcoming Pre-Existing AAV Antibodies for Treating Sanfilippo Syndrom

TITLE: Overcoming Pre-Existing AAV Antibodies for Treating Sanfilippo Syndrome Using rAAV9-Mediated Gene TherapyAwardee: The Research Institute at Nationwide Childrens HospitalPO Box 78000, Detroit, MI 48278AMOUNT IN 2018: $93,064.89EIN: 31-6056230Date: 5/4/2018

Repositioning of FDA compounds using cell-based high content screening

TITLE: Repositioning of FDA compounds using cell-based high content screening in MPSIIIA cell modelsAWARDEE: Fondazione Telethon6315 Via Della Rosetta N 1 00186, Rome, Italla, ITAMOUNT IN 2018: $30,000 wire transferDATE: 7/3/2018

Targeting amyloid aggregation as A new therapeutic approach to treat

TITLE: Targeting amyloid aggregation as a new therapeutic approach to treat the CNS in Sanfilippo SyndromeAWARDEE: Fondazione Telethon6315 Via Della Rosetta N 1 00186, Rome, Italla, ITAMOUNT IN 2018: $82,500 wire transferDATE: 1st payment (half) on 4/3/2018 and 2nd payment (half) on 11/30/2018

The Role of Autophagy in Mucopolysaccharidoses and Its potential as A

TITLE: The Role of Autophagy in Mucopolysaccharidoses and Its potential as a Therapeutic TargetAwardee: The Pennsylvania State University227 West Beaver Ave., Suite 401, State College, PA 16801EIN: 24-6000376AMOUNT IN 2018: $30,000 check paymentDate: 8/23/2018

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IRS990/Form990PartVIISectionAGrp/TitleTxt5Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt6Chief Science
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
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IRS990/MissionDesc0To advocate for and fund research directed towards a cure or treatment options for patients with Sanfilippo Syndrome
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IRS990/OtherAssetsTotalGrp/BOYAmt02
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IRS990/OtherExpensesGrp/Desc2Printing and Publications
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IRS990/OtherExpensesGrp/TotalAmt121624
IRS990/OtherExpensesGrp/TotalAmt27788
IRS990/OtherExpensesGrp/TotalAmt35132
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IRS990/OtherSalariesAndWagesGrp/TotalAmt036888
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02944
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02208
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IRS990/PensionPlanContributionsGrp/FundraisingAmt0484
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Glenn O'Neill
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IRS990/PYContributionsGrantsAmt01377712
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IRS990/PYGrantsAndSimilarPaidAmt0312878
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07165902
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01521
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0-120540
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0-33660
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02822652
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0791
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt080
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07165902
IRS990ScheduleA/TotalSupportAmt09989425
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt035000
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt235000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0East Asia and the Pacific
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Europe
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2North America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0See Schedule O
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1See Schedule O
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2See Schedule O
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Grants
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Grants
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2Grants
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IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt1112500
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt235000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0Check
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1Wire Trans
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2Wire Trans
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0See Sch O
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1See Sch O
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2See Sch O
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Ontario, Canada
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1Rome, Italy
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2Victoria, Austr
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1FMV
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc2FMV

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