Civic Intelligence

Accelerate Brain Cancer Cure Inc

990 • Fiscal year 2013 • EIN 52-2320756

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 14, 2014

Organization ProfileWWW.ABC2.ORG

View Organization Page

1717 Rhode Island Avenue NW No 70020036

(202) 419-3140

Siviq Scores

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

Liabilities / Assets

59th percentile

0.20x

Higher debt load relative to assets than 59% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

65th percentile

0.25x

Higher debt load relative to revenue than 65% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

91st percentile

53%

Higher net margin than 91% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

94th percentile

$263,142

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

95th percentile

78%

Faster asset growth than 95% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Balance Sheet
Liabilities / Assets59th percentile

Assets

Flat

$3,643,045

Flat from 2013

Net Assets

Flat

$2,915,521

Flat from 2013

Liabilities

Flat

$727,524

Flat from 2013

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin91st percentile

Revenue

Flat

$2,920,521

Flat from 2013

Expenses

Flat

$1,385,130

Flat from 2013

Net Income

Flat

$1,535,391

Flat from 2013

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,223,478Liabilities 2011: $651,086Net Assets 2011: $1,572,3922011Assets 2012: $2,048,399Liabilities 2012: $668,269Net Assets 2012: $1,380,1302012Assets 2013: $3,643,045Liabilities 2013: $727,524Net Assets 2013: $2,915,5212013Assets 2013: $3,643,045Liabilities 2013: $727,524Net Assets 2013: $2,915,5212013Assets 2014: $3,457,295Liabilities 2014: $117,979Net Assets 2014: $3,339,3162014Assets 2015: $3,538,389Liabilities 2015: $434,881Net Assets 2015: $3,103,5082015Assets 2016: $3,356,332Liabilities 2016: $515,640Net Assets 2016: $2,840,6922016Assets 2017: $2,896,513Liabilities 2017: $408,196Net Assets 2017: $2,488,3172017Assets 2018: $3,099,618Liabilities 2018: $280,230Net Assets 2018: $2,819,3882018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2013

Assets$3,643,045
Liabilities$727,524
Net Assets$2,915,521
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2011: $1,979,1612011Expenses 2012: $2,089,5102012Revenue 2013: $2,920,521Expenses 2013: $1,385,130Net Income 2013: $1,535,3912013Revenue 2013: $2,920,521Expenses 2013: $1,385,130Net Income 2013: $1,535,3912013Revenue 2014: $1,934,124Expenses 2014: $1,508,701Net Income 2014: $425,4232014Revenue 2015: $2,367,383Expenses 2015: $2,603,191Net Income 2015: -$235,8082015Revenue 2016: $1,973,350Expenses 2016: $2,236,166Net Income 2016: -$262,8162016Revenue 2017: $1,782,671Expenses 2017: $2,135,046Net Income 2017: -$352,3752017Revenue 2018: $1,915,355Expenses 2018: $1,584,284Net Income 2018: $331,0712018Revenue 2019: $1,166,711Expenses 2019: $3,986,099Net Income 2019: -$2,819,3882019

Highlighted filing

2013

Revenue$2,920,521
Expenses$1,385,130
Net Income$1,535,391
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 14, 2014
Return Version
2013v3.0
Gross Receipts
$3,489,192
Mission and Program Overview

Mission

The primary objective of accelerate brain cancer cure, inc. Is to accelerate progress in what has been an underserved field of research; the organization aims to raise awareness about brain cancer and help mobilize critical scientific research through research grants.

Accelerate brain cancer cure has a single focus-to hasten the discovery of a cure for brain cancer.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,940,463$2,749,964▲ $809,501
Pledges and Grants Receivable$76,567$883,304▲ $806,737
Prepaid Expenses and Deferred Charges$23,848$4,740▼ $19,108
Land, Buildings, and Equipment, Net$6,282$3,833▼ $2,449
Total Assets$2,048,399$3,643,045▲ $1,594,646
Other Assets Total$1,239$1,204▼ $35
Liabilities
Grants Payable$610,622$610,622→ $0
Accounts Payable and Accrued Expenses$57,260$74,949▲ $17,689
Deferred Revenue-$41,665-
Other Liabilities$387$288▼ $99
Total Liabilities$668,269$727,524▲ $59,255
Net Assets / Fund Balance
Unrestricted Net Assets$1,303,563$2,007,863▲ $704,300
Temporarily Rstr Net Assets$76,567$907,658▲ $831,091
Total Net Assets Fund Balance$1,380,130$2,915,521▲ $1,535,391
Total Liabilities and Net Assets / Fund Balance$2,048,399$3,643,045▲ $1,594,646

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,833$20,508$24,341
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Max WallaceChief Executive OfficerFT$251,451$11,691$263,142
David SandakVP, Secretary/treasurerFT$136,520$19,975$156,495

Board Members and Trustees

NameTitle
Stephen CaseChairman & Co-founder
Jean CaseCo-founder
Stacey CaseCo-founder
David ColeMember
Doug HolladayMember
Gary WimmerMember
Jonathan WeinbergMember
Larry ProbstMember
Nancy PfundMember
Revenue and Support

Revenue Composition

Contributions and Grants
$2,931,111
Program Service Revenue
$0
Investment Income
$-10,590
Other Revenue
$0
All Other Contributions
$1,778,793
Change in Net Assets
$1,535,391

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,920,521
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$316,199
Total Revenue per Audited Statements
$3,236,720
Total Revenue per Form 990
$2,920,521
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$821,382
Total Fundraising Expense$573,969
Other Expenses$488,748
Grants and Similar Amounts Paid$75,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$69,823$103,895$214,253$387,971
Other Salaries and Wages$60,910$90,635$186,906$338,451
Conferences and Meetings$157,347--$157,347
Fees for Services Other$81,144$3,154$58,673$142,971
Grants to Domestic Orgs$75,000--$75,000
Payroll Taxes$6,823$10,595$27,603$45,021
Other Employee Benefits$9,272$9,185$25,707$44,164
Fees for Services Accounting-$43,800-$43,800
Travel$31,632$264$11,338$43,234
Office Expenses$4,600$2,506$15,196$22,302
Information Technology$169$9,855$7,823$17,847
Insurance$13,097$2,799-$15,896
Other Expenses$8,561$210$3,812$12,583
Occupancy$3,375$3,672$1,688$8,735
Pension Plan Contributions$991$1,604$3,180$5,775
Fees for Services Legal-$2,462-$2,462
Depreciation Depletion-$2,449-$2,449
Total Functional Expenses$522,744$288,417$573,969$1,385,130

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,701,329
Expenses per Audited Statements$1,385,130
Total Expenses per Form 990$1,385,130
Expenses Not Reported on Form 990$316,199
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
46-1568544--THE DEVELOPMENT OF CANCEMA, A THERAPEUTIC PROTOCOL THAT INVOLVES THE DELIVERY OF A COMBINATION OF SEVERAL MOLECULAR THERAPEUTICS WHICH ARE ABLE TO TARGET MULTIPLE PATHWAYS KNOWN TO CONTRIBUTE TO GLIOBASTOMA [GB] PROLIFERATION AND THE DEVELOPMENT OF ACQUIRED RESISTANCE.$75,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$236,955
Fundraising Gross Income$236,955
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$328,313$121,226$121,226$0
Event 1$1,060,960$115,729$115,729$0
Total Events$1,389,273$236,955$236,955$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$288
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 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, Part VI, Section A, Line 2

“Stephen case, chairman & board member and jean case, board member are co-founders and spouses. Stacey case, board member and co-founder, is the sister-in-law of stephen case. These board members also have business relationships.”

Form 990, Part VI, Section B, Line 11

“Max wallace, the chief executive officer of accelerate brain cancer cure, inc. Reviews and signs the 990. The 990 is also reviewed by the finance committee before it is filed.”

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

“The board of directors reviews the conflict of interest policy at its annual board meeting. Independence is also confirmed prior to the awarding of any expenditure responsibility grant.”

Form 990, Part VI, Section B, Line 15A

“The chief executive officer joined the organization in 2008. As part of the executive search process an independent search firm performed an industry compensation analysis. The last compensation review took place on march 6, 2012, and utilized an independent compensation consultant, copies of similar size organizations' forms 990 and a compensation study. The organization had no key employees.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and finanical statements available for public inspection upon request.”

Filing and Contact Details

Filer

EIN
52-2320756
Phone
2024193140

Signing Officer

Name
Max Wallace
Title
President and CEO
Phone
2024193140
Signed
2014-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Max Wallace
Formed
2001
Legal Domicile
Dc
Voting Board Members
9
Independent Board Members
9
Employees
6
Volunteers
0

Preparer

Preparer
David Jones
Phone
4108840220
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting & professional fees: program service expenses 81,144. Management and general expenses 3,154. Fundraising expenses 58,673. Total expenses 142,971.”

FORM 990, PART XII, LINE 2 C:

“This process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Abc2 recognizes the effect of income tax positions only if those positions are more likely than not to being sustained. Abc2 does not believe its financial statements include any uncertain tax positions. There were no tax liabilities recorded for the years ended december 31, 2013 and 2012. Abc2's income tax returns are subject to examination by the internal revenue service for a period of three years from the date they were filed, except under certain circumstances. Abc2's form 990 tax returns for the years 2010 through 2012 are open for a tax examination by the internal revenue service, although no request has been made as of the date of these financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expenses 236,955.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expenses 236,955.”

Raw XML AppendixShowing 400 of 540 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt057260
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt074949
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ACCELERATE BRAIN CANCER CURE HAS A SINGLE FOCUS-TO HASTEN THE DISCOVERY OF A CURE FOR BRAIN CANCER.
IRS990/AllOtherContributionsAmt01778793
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum02024193140
IRS990/BooksInCareOfDetail/USAddress/AddressLine101717 RHODE ISLAND AVENUE NW NO 700
IRS990/BooksInCareOfDetail/USAddress/City0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/State0DC
IRS990/BooksInCareOfDetail/USAddress/ZIPCode020036
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt0214253
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0103895
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt069823
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0387971
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0157347
IRS990/ConferencesMeetingsGrp/TotalAmt0157347
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt01152318
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02931111
IRS990/CYGrantsAndSimilarPaidAmt075000
IRS990/CYInvestmentIncomeAmt0-10590
IRS990/CYOtherExpensesAmt0488748
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01535391
IRS990/CYSalariesCompEmpBnftPaidAmt0821382
IRS990/CYTotalExpensesAmt01385130
IRS990/CYTotalFundraisingExpenseAmt0573969
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02920521
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt041665
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02449
IRS990/DepreciationDepletionGrp/TotalAmt02449
IRS990/Desc0ACCELERATE BRAIN CANCER CURE, INC. (ABC2) BELIEVES A FOCUSED AND AGGRESSIVE ENTREPRENEURIAL MODEL WILL INCREASE THE NUMBER OF THERAPIES DISCOVERED AND ENABLE THOSE THERAPIES TO BE AVAILABLE TO DOCTORS AND PATIENTS MORE QUICKLY. ABC2 PROVIDES RESEARCHERS WITH THE PIVOTAL SUPPORT THEY NEED TO MAKE CRITICAL BREAKTHROUGHS. IT FUNDS TRANSLATIONAL RESEARCH AIMED AT FINDING THE FASTEST POSSIBLE ROUTE TO A CURE. ABC2 SUPPORTS A RANGE OF MEDICAL RESEARCH ORGANIZATIONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0522744
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt043800
IRS990/FeesForServicesAccountingGrp/TotalAmt043800
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02462
IRS990/FeesForServicesLegalGrp/TotalAmt02462
IRS990/FeesForServicesOtherGrp/FundraisingAmt058673
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03154
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt081144
IRS990/FeesForServicesOtherGrp/TotalAmt0142971
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt911691
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1019975
IRS990/Form990PartVIISectionAGrp/PersonNm0STACEY CASE
IRS990/Form990PartVIISectionAGrp/PersonNm1STEPHEN CASE
IRS990/Form990PartVIISectionAGrp/PersonNm2NANCY PFUND
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID COLE
IRS990/Form990PartVIISectionAGrp/PersonNm4JEAN CASE
IRS990/Form990PartVIISectionAGrp/PersonNm5DOUG HOLLADAY
IRS990/Form990PartVIISectionAGrp/PersonNm6LARRY PROBST
IRS990/Form990PartVIISectionAGrp/PersonNm7JONATHAN WEINBERG
IRS990/Form990PartVIISectionAGrp/PersonNm8GARY WIMMER
IRS990/Form990PartVIISectionAGrp/PersonNm9MAX WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID SANDAK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9251451
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10136520
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CO-FOUNDER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN & CO-FOUNDER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CO-FOUNDER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP, SECRETARY/TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt01152318
IRS990/FundraisingDirectExpensesAmt0236955
IRS990/FundraisingGrossIncomeAmt0236955
IRS990/GainOrLossGrp/SecuritiesAmt0-10805
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt075000
IRS990/GrantsPayableGrp/BOYAmt0610622
IRS990/GrantsPayableGrp/EOYAmt0610622
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt075000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt075000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0320911
IRS990/GrossReceiptsAmt03489192
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt07823
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt09855
IRS990/InformationTechnologyGrp/ProgramServicesAmt0169
IRS990/InformationTechnologyGrp/TotalAmt017847
IRS990/InsuranceGrp/ManagementAndGeneralAmt02799
IRS990/InsuranceGrp/ProgramServicesAmt013097
IRS990/InsuranceGrp/TotalAmt015896
IRS990/InvestmentIncomeGrp/ExclusionAmt0215
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0215
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt020508
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06282
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03833
IRS990/LandBldgEquipCostOrOtherBssAmt024341
IRS990/LegalDomicileStateCd0DC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0331716
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PRIMARY OBJECTIVE OF ACCELERATE BRAIN CANCER CURE, INC. IS TO ACCELERATE PROGRESS IN WHAT HAS BEEN AN UNDERSERVED FIELD OF RESEARCH; THE ORGANIZATION AIMS TO RAISE AWARENESS ABOUT BRAIN CANCER AND HELP MOBILIZE CRITICAL SCIENTIFIC RESEARCH THROUGH RESEARCH GRANTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01380130
IRS990/NetAssetsOrFundBalancesEOYAmt02915521
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-10805
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-10805
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01688
IRS990/OccupancyGrp/ManagementAndGeneralAmt03672
IRS990/OccupancyGrp/ProgramServicesAmt03375
IRS990/OccupancyGrp/TotalAmt08735
IRS990/OfficeExpensesGrp/FundraisingAmt015196
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02506
IRS990/OfficeExpensesGrp/ProgramServicesAmt04600
IRS990/OfficeExpensesGrp/TotalAmt022302
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01239
IRS990/OtherAssetsTotalGrp/EOYAmt01204
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt025707
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09185
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09272
IRS990/OtherEmployeeBenefitsGrp/TotalAmt044164
IRS990/OtherExpensesGrp/Desc0LICENSE AND REGISTRATIO
IRS990/OtherExpensesGrp/Desc1MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/FundraisingAmt017790
IRS990/OtherExpensesGrp/FundraisingAmt13812
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01332
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1210
IRS990/OtherExpensesGrp/ProgramServicesAmt08561
IRS990/OtherExpensesGrp/TotalAmt019122
IRS990/OtherExpensesGrp/TotalAmt112583
IRS990/OtherLiabilitiesGrp/BOYAmt0387
IRS990/OtherLiabilitiesGrp/EOYAmt0288
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0186906
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt090635
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt060910
IRS990/OtherSalariesAndWagesGrp/TotalAmt0338451
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt027603
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010595
IRS990/PayrollTaxesGrp/ProgramServicesAmt06823
IRS990/PayrollTaxesGrp/TotalAmt045021
IRS990/PensionPlanContributionsGrp/FundraisingAmt03180
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01604
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0991
IRS990/PensionPlanContributionsGrp/TotalAmt05775
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt076567
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0883304
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023848
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04740
IRS990/PrincipalOfficerNm0MAX WALLACE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01874906
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0889386
IRS990/PYInvestmentIncomeAmt0208
IRS990/PYOtherExpensesAmt0561278
IRS990/PYOtherRevenueAmt022134
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-192262
IRS990/PYSalariesCompEmpBnftPaidAmt0638846
IRS990/PYTotalExpensesAmt02089510
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01897248
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01535391
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01940463
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02749964
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03168066
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01874906
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02057633
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02220324
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01403218
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010724147
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0215
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0208
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0693
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0750
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03621
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05487
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02602
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt022134
IRS990ScheduleA/OtherIncome170Grp/TotalAmt022134
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87660
IRS990ScheduleA/PublicSupportPY170Pct00.92280
IRS990ScheduleA/PublicSupportTotal170Amt09425286
IRS990ScheduleA/SubstantialContributorsTotAmt01298861
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03168066
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01874906
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02057633
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02220324
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01403218
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010724147
IRS990ScheduleA/TotalSupportAmt010751768
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt079244
IRS990ScheduleD/DonatedServicesUseFcltsAmt079244
IRS990ScheduleD/ExpensesNotReportedAmt0316199
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01385130
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0236955
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03833
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt020508
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt024341
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0288
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherRevenueAmt0236955
IRS990ScheduleD/RevenueNotReportedAmt0316199
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02920521
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ABC2 RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BEING SUSTAINED. ABC2 DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THERE WERE NO TAX LIABILITIES RECORDED FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012. ABC2'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS FROM THE DATE THEY WERE FILED, EXCEPT UNDER CERTAIN CIRCUMSTANCES. ABC2'S FORM 990 TAX RETURNS FOR THE YEARS 2010 THROUGH 2012 ARE OPEN FOR A TAX EXAMINATION BY THE INTERNAL REVENUE SERVICE, ALTHOUGH NO REQUEST HAS BEEN MADE AS OF THE DATE OF THESE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EXPENSES 236,955.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT FUNDRAISING EXPENSES 236,955.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03833
IRS990ScheduleD/TotalExpensesPerForm990Amt01385130
IRS990ScheduleD/TotalLiabilityAmt0288
IRS990ScheduleD/TotalRevenuePerForm990Amt02920521
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03236720
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01701329
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt01152318
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0945231
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0207087
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0236955
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt01060960
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0328313
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt01389273
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0115729
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0121226
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0236955
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0RACE FOR HOPE FUNDRAISING EVENT-DC
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0CITY SPECIFIC WALKS
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0236955
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0115729
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0121226
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt075000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0THE DEVELOPMENT OF CANCEMA, A THERAPEUTIC PROTOCOL THAT INVOLVES THE DELIVERY OF A COMBINATION OF SEVERAL MOLECULAR THERAPEUTICS WHICH ARE ABLE TO TARGET MULTIPLE PATHWAYS KNOWN TO CONTRIBUTE TO GLIOBASTOMA [GB] PROLIFERATION AND THE DEVELOPMENT OF ACQUIRED RESISTANCE.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10PRANA THERAPEUTICS INC
IRS990ScheduleI/RecipientTable/RecipientEIN0461568544
IRS990ScheduleI/RecipientTable/USAddress/AddressLine102210 NW 28 STREET
IRS990ScheduleI/RecipientTable/USAddress/City0GAINEAVILLE
IRS990ScheduleI/RecipientTable/USAddress/State0FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode032605
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ABC2 CLOSELY MONITORS THE PROGRESS OF THE RESEARCHERS IT FUNDS THROUGH ITS GRANT PROGRAM. THE ORGANIZATION REQUIRES SCIENTIFIC PROGRESS REPORTS AND COMPLETE FINANCIAL ACCOUNTING OF EXPENDITURES BEFORE RELEASING ADDITIONAL FUNDS AS WELL AS FINAL GRANT REPORTS INCLUDING FINANCIAL REPORTS. IN ADDITION, ABC2 HOLDS AN ANNUAL SCIENTIFIC MEETING AT WHICH TIME CERTAIN GRANTEES PRESENT THEIR PROGRESS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,643,045
Liabilities
$727,524
Net assets
$2,915,521
Revenue
$2,920,521
Expenses
$1,385,130
Net income
$1,535,391
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$1.17$3.99$2.82
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$0.28$2.82$1.92$1.58$0.33
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.90$0.41$2.49$1.78$2.14$0.35
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.36$0.52$2.84$1.97$2.24$0.26
2015Detailed filing. Detailed filing data is available for this year.$3.54$0.43$3.10$2.37$2.60$0.24
2014Detailed filing. Detailed filing data is available for this year.$3.46$0.12$3.34$1.93$1.51$0.43
2013Detailed filing. Detailed filing data is available for this year.$3.64$0.73$2.92$2.92$1.39$1.54
2013Summary only. Only limited summary data is available for this year.$3.64$0.73$2.92$2.92$1.39$1.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.67$1.38$2.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.65$1.57$1.98