Civic Intelligence

Dont Ever Give Up Inc.

990 • Fiscal year 2024 • EIN 47-5304184

Oct 01, 2023 to Sep 30, 2024 • Filed on Feb 18, 2025

14600 Weston ParkwayCary, NC 27513

(919) 380-9505

Siviq Scores

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

Liabilities / Assets

36th percentile

0.10x

Higher debt load relative to assets than 36% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

16th percentile

0.06x

Higher debt load relative to revenue than 16% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

45th percentile

2.5%

Higher net margin than 45% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

88th percentile

$624,902

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

61st percentile

8.9%

Faster asset growth than 61% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

15%

Faster revenue growth than 63% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$18,930,928

Up $1,552,796 (+8.9%) from 2023

Net Assets

Up

$16,992,011

Up $552,479 (+3.4%) from 2023

Liabilities

Up

$1,938,917

Up $1,000,317 (+107%) from 2023

Revenue

Up

$32,801,774

Up $4,203,038 (+15%) from 2023

Expenses

Up

$31,992,453

Up $5,809,359 (+22%) from 2023

Net Income

Down

$809,321

Down $1,606,321 (-66%) from 2023

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2016: $1,283,227Liabilities 2016: $1,049,814Net Assets 2016: $233,4132016Assets 2017: $2,111,997Liabilities 2017: $1,627,832Net Assets 2017: $484,1652017Assets 2018: $2,780,041Liabilities 2018: $163,138Net Assets 2018: $2,616,9032018Assets 2019: $7,450,640Liabilities 2019: $7,350,800Net Assets 2019: $99,8402019Assets 2020: $7,224,125Liabilities 2020: $498,641Net Assets 2020: $6,725,4842020Assets 2021: $11,525,841Liabilities 2021: $835,618Net Assets 2021: $10,690,2232021Assets 2022: $15,801,113Liabilities 2022: $1,080,722Net Assets 2022: $14,720,3912022Assets 2023: $17,378,132Liabilities 2023: $938,600Net Assets 2023: $16,439,5322023Assets 2024: $18,930,928Liabilities 2024: $1,938,917Net Assets 2024: $16,992,0112024Assets 2025: $19,330,002Liabilities 2025: $11,952,671Net Assets 2025: $7,377,3312025

Highlighted filing

2024

Assets$18,930,928
Liabilities$1,938,917
Net Assets$16,992,011

Operations Trend

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

$40M$20M$0-$20MRevenue 2016: $8,339,916Expenses 2016: $8,106,503Net Income 2016: $233,4132016Revenue 2017: $10,065,717Expenses 2017: $9,800,150Net Income 2017: $265,5672017Revenue 2018: $12,377,904Expenses 2018: $10,217,404Net Income 2018: $2,160,5002018Revenue 2019: $14,270,309Expenses 2019: $16,650,394Net Income 2019: -$2,380,0852019Revenue 2020: $11,386,946Expenses 2020: $4,534,638Net Income 2020: $6,852,3082020Revenue 2021: $17,114,296Expenses 2021: $13,118,746Net Income 2021: $3,995,5502021Revenue 2022: $21,347,428Expenses 2022: $17,240,946Net Income 2022: $4,106,4822022Revenue 2023: $28,598,736Expenses 2023: $26,183,094Net Income 2023: $2,415,6422023Revenue 2024: $32,801,774Expenses 2024: $31,992,453Net Income 2024: $809,3212024Revenue 2025: $24,608,341Expenses 2025: $33,225,945Net Income 2025: -$8,617,6042025

Highlighted filing

2024

Revenue$32,801,774
Expenses$31,992,453
Net Income$809,321
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Feb 18, 2025
Return Version
2023v6.0
Gross Receipts
$41,579,831
Mission and Program Overview

Mission

The purpose of don't ever give up, inc. Is to receive, administer and expend funds to support the v foundation, an internal revenue code section 501(c)(3) organization, in their mission to fund game-changing research and all-star scientists to accelerate victory over cancer and save lives.

Don't ever give up, inc. Is a 501(c)(3) charitable supporting organization for the v foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$9,259,751$9,173,574▼ $86,177
Savings and Temporary Cash Investments$1,625,982$3,478,541▲ $1,852,559
Cash and Non-Interest-Bearing Accounts$4,685,372$2,829,763▼ $1,855,609
Accounts Receivable$1,106,924$2,344,564▲ $1,237,640
Prepaid Expenses and Deferred Charges$619,106$652,412▲ $33,306
Land, Buildings, and Equipment, Net$42,393$31,446▼ $10,947
Total Assets$17,378,132$18,930,928▲ $1,552,796
Other Assets Total$38,604$420,628▲ $382,024
Liabilities
Accounts Payable and Accrued Expenses$861,708$1,425,620▲ $563,912
Other Liabilities$39,500$430,775▲ $391,275
Deferred Revenue$37,392$82,522▲ $45,130
Total Liabilities$938,600$1,938,917▲ $1,000,317
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,737,351$11,125,365▲ $3,388,014
Net Assets Without Donor Restrictions$8,702,181$5,866,646▼ $2,835,535
Total Net Assets Fund Balance$16,439,532$16,992,011▲ $552,479
Total Liabilities and Net Assets / Fund Balance$17,378,132$18,930,928▲ $1,552,796

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$27,869$15,006$42,875
Equipment$3,577$13,024$16,601
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Jane D BaerSr. Vice President, Market Development and EventsFT$229,138$229,138
Kraig Max DuleyVice President, Auctions and Market DevelopmentFT$223,756$223,756

Board Members and Trustees

NameTitle
John ThielChairman
Jane D BaerSr. Vice President, Market Developme
Kraig Max DuleyVice President, Auctions and Market
Chanda J Douglas-wardVice President, Human Resources
Adam KrajchirDirector
Conrad YorkDirector
Evan GoldbergDirector
L Monique PorrasDirector
Rick SnyderDirector
Robert VothDirector
Susan ScottDirector
Todd ZapolskiDirector
Martin P GregorDirector From 05/2024
Shane JacobsonExecutive Director
Philip PilewskiExecutive Director, Development
Devin GilreathCFO
Roger M FergusonChief Marketing Officer
Jackie W AanesChief of Staff
Susanna F GreerChief Scientific Officer
Robert C Rauf Jr Clu ChfcSecretary
Scott MacdonaldTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Lux ProductionsEvent Rentals For Wine Celebration22678 BROADWAY SUITE A1, Sonoma, CA 95476$607,433
Mary Kenealy EventsDick Vitale Gala Event Management1290 N PALM AVE 107, Sarasota, FL 34236$223,658
Donordriveglobal Cloud LimitedEnterprise Fundraising Platform30 BRAINTREE HILL OFFICE PARK, Braintree, MA 02184$164,404
Core Z Operations LLCEvent Rentals For Booyah1356 BROADWAY, New York, NY 10018$147,136
Revenue and Support

Revenue Composition

Contributions and Grants
$38,776,247
Program Service Revenue
$0
Investment Income
$106,485
Other Revenue
$-6,080,958
Change in Net Assets
$809,321

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded40$1,431,423Fv at Date of Donation
Other Non Cash Contri Table12$183,750Fv at Date of Donati
Other Non Cash Contri Table13$172,500Fv at Date of Donati
Total Noncash Contributions65$1,787,673-

Audited Revenue Reconciliation

Revenue per Audited Statements
$32,801,774
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$8,995,057
Total Revenue per Audited Statements
$41,796,831
Total Revenue per Form 990
$32,801,774
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$24,000,000
Salaries, Compensation, and Employee Benefits$4,723,310
Other Expenses$3,269,143
Total Fundraising Expense$2,345,195
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$24,000,000--$24,000,000
Other Salaries and Wages-$2,223,322$927,760$3,151,082
Fees for Services Other-$559,254$360,196$919,450
Other Employee Benefits-$467,093$212,517$679,610
Advertising-$348,401$319,549$667,950
Travel-$312,319$238,309$550,628
Current Officers, Directors, Trustees, and Key Employees-$379,960$161,346$541,306
Information Technology-$295,227-$295,227
Payroll Taxes-$172,886$83,128$256,014
Occupancy-$178,462-$178,462
Other Expenses-$97,038-$97,038
Pension Plan Contributions-$65,369$29,929$95,298
Office Expenses-$70,334$12,461$82,795
Insurance-$43,463-$43,463
Depreciation Depletion-$10,947-$10,947
Conferences and Meetings-$3,275-$3,275
Total Functional Expenses$24,000,000$5,647,258$2,345,195$31,992,453

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$41,244,352
Expenses per Audited Statements$31,992,453
Total Expenses per Form 990$31,992,453
Expenses Not Reported on Form 990$9,251,899
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The V FoundationCary, NC501(c)(3)To Promote Cancer Research and Related Programs of the V Foundation.$24,000,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$8,778,057
Fundraising Gross Income$2,697,099
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wine Celebration$9,927,365$1,179,110$756,094$423,016
Dick Vitale Gala$17,661,574$310,251$860,355$-550,104
Total Events$41,473,346$2,697,099$8,778,057$-6,080,958
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rou Operating Lease$430,775
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
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, Section A, Line 8B

The organization has an audit committee and finance committee. They do not have authority to act on behalf of the board.

Form 990, Part VI, Section B, Line 11B

The chief financial officer, senior director of finance, and board treasurer review the form 990 in detail. A draft of the form 990 is then provided to the board of directors for review prior to filing.

Form 990, Part VI, Section B, Line 12C

All board members and employees must sign the conflict of interest policy when they join the organization, and key members are required to sign it annually thereafter. The organization relies upon voluntary reporting of any conflicts of interest.

Form 990, Part VI, Section B, Line 15

The process for determining compensation for the positions of executive director, cfo, or any key management position includes the use of third party experts, charity navigator's ceo compensation study, journal of philanthropy nonprofit compensation report, and approval by the board of directors.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
DON'T EVER GIVE UP INC
EIN
47-5304184
Phone
9193809505
Address
14600 WESTON PARKWAY, CARY, NC 27513

Signing Officer

Name
Devin Gilreath
Title
Chief Financial Officer
Phone
9193809505
Signed
2025-02-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Devin Gilreath
Formed
2015
Legal Domicile
De
Voting Board Members
13
Independent Board Members
12
Employees
0
Volunteers
65

Preparer

Firm
Blackman & Sloop Advisors Inc
Address
1414 RALEIGH RD SUITE 300, CHAPEL HILL, NC 27517
Preparer
Deetra B Watson
Phone
9199428700
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 2A

Although the organization reports wages in part vii and in the functional expenses, the organization has no direct employees, and therefore, no w3. The payroll expenses reported are paid by reimbursing the v foundation. See schedule r for more details.

FORM 990, PART XI, LINE 9:

Loss from bad debt -256,842.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses netted with fundraising revenue 8,778,057.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses netted with fundraising revenue 8,778,057. Loss from bad debt 256,842.

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IRS990/Form990PartVIISectionAGrp/PersonNm14SUSANNA F GREER
IRS990/Form990PartVIISectionAGrp/PersonNm15ROGER M FERGUSON
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IRS990/Form990PartVIISectionAGrp/PersonNm18KRAIG MAX DULEY
IRS990/Form990PartVIISectionAGrp/PersonNm19JACKIE W AANES
IRS990/Form990PartVIISectionAGrp/PersonNm20CHANDA J DOUGLAS-WARD
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR FROM 05/2024
IRS990/Form990PartVIISectionAGrp/TitleTxt13CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF SCIENTIFIC OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF MARKETING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR, DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17SR. VICE PRESIDENT, MARKET DEVELOPMENT AND EVENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE PRESIDENT, AUCTIONS AND MARKET DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF OF STAFF
IRS990/Form990PartVIISectionAGrp/TitleTxt20VICE PRESIDENT, HUMAN RESOURCES
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