Civic Intelligence

Accelerate Brain Cancer Cure Inc

990 • Fiscal year 2016 • EIN 52-2320756

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 16, 2017

Organization ProfileWWW.ABC2.ORG

View Organization Page

1717 Rhode Island Avenue NW No 700Washington, DC 20036

(202) 419-3140

Siviq Scores

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

Liabilities / Assets

57th percentile

0.15x

Higher debt load relative to assets than 57% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

67th percentile

0.26x

Higher debt load relative to revenue than 67% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

19th percentile

-13%

Higher net margin than 19% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

95th percentile

$340,865

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 17.3% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

21st percentile

-5.1%

Faster asset growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

18th percentile

-17%

Faster revenue growth than 18% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$3,356,332

Down $182,057 (-5.1%) from 2015

Net Assets

Down

$2,840,692

Down $262,816 (-8.5%) from 2015

Liabilities

Up

$515,640

Up $80,759 (+19%) from 2015

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin19th percentile

Revenue

Down

$1,973,350

Down $394,033 (-17%) from 2015

Expenses

Down

$2,236,166

Down $367,025 (-14%) from 2015

Net Income

Down

-$262,816

Down $27,008 (-11%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth21st 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 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

2016

Assets$3,356,332
Liabilities$515,640
Net Assets$2,840,692
Open 2016 Filing

Operations Trend

Revenue Growth18th percentile

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 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

2016

Revenue$1,973,350
Expenses$2,236,166
Net Income-$262,816
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 16, 2017
Return Version
2016v3.0
Gross Receipts
$2,586,402
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$2,696,483$2,966,834▲ $270,351
Pledges and Grants Receivable$695,347$275,637▼ $419,710
Investments Other Securities$110,252--
Prepaid Expenses and Deferred Charges$27,087$104,975▲ $77,888
Land, Buildings, and Equipment, Net$9,205$8,869▼ $336
Total Assets$3,538,389$3,356,332▼ $182,057
Other Assets Total$15$17▲ $2
Liabilities
Grants Payable$380,835$380,835→ $0
Accounts Payable and Accrued Expenses$54,046$72,153▲ $18,107
Other Liabilities$0$62,652▲ $62,652
Total Liabilities$434,881$515,640▲ $80,759
Net Assets / Fund Balance
Unrestricted Net Assets$2,365,040$2,565,055▲ $200,015
Temporarily Rstr Net Assets$738,468$275,637▼ $462,831
Total Net Assets Fund Balance$3,103,508$2,840,692▼ $262,816
Total Liabilities and Net Assets / Fund Balance$3,538,389$3,356,332▼ $182,057

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,869$31,569$40,438
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Max WallacePresident and CEOFT$326,560$14,305$340,865
David SandakVP,secretary/treasurerFT$160,428$39,002$199,430

Board Members and Trustees

NameTitle
Steve 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
$1,961,022
Program Service Revenue
$0
Investment Income
$12,328
Other Revenue
$0
All Other Contributions
$657,129
Change in Net Assets
$-262,816

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 Traded2$149,921Fair Market Value
Total Noncash Contributions2$149,921-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,973,350
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$456,729
Total Revenue per Audited Statements
$2,430,079
Total Revenue per Form 990
$1,973,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$911,118
Salaries, Compensation, and Employee Benefits$889,986
Total Fundraising Expense$613,315
Other Expenses$435,062
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$911,118--$911,118
Current Officers, Directors, Trustees, and Key Employees$115,359$147,518$277,418$540,295
Other Salaries and Wages$60,123$78,825$149,792$288,740
Fees for Services Other$59,998$30,991$85,716$176,705
Travel$41,389$531$16,852$58,772
Fees for Services Accounting-$51,474-$51,474
Payroll Taxes$7,133$11,094$25,330$43,557
Conferences and Meetings$35,000--$35,000
Insurance$14,460$5,834-$20,294
Office Expenses$5,297$2,419$9,033$16,749
Occupancy$3,600$9,469$3,600$16,669
Other Employee Benefits$2,812$3,441$5,698$11,951
Other Expenses$6,819$1,367$5,757$7,124
Information Technology-$6,219$740$6,959
Pension Plan Contributions$2,005$1,169$2,269$5,443
Depreciation Depletion-$3,796-$3,796
All Other Expenses-$911$2,308$3,219
Total Functional Expenses$1,265,113$357,738$613,315$2,236,166

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,692,895
Expenses per Audited Statements$2,236,166
Total Expenses per Form 990$2,236,166
Expenses Not Reported on Form 990$456,729
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Dana-farber Cancer InstBoston, MA501(c)(3)To Support the Adaptive Clinical Trial Effort for Newly Diagnosed Glioblastoma Patients$300,000
University of California San DiegoLa Jolla, CA501(c)(3)To Support Proposal of Micrornd as a Biomarker Platform for Glioblastoma Testing$150,000
Broad InstituteCambridge, MA501(c)(3)Dfci-10 Gbm Cases for Clia Somatic Wes$143,118
Ucla Neuro-oncology ProgramLos Angeles, CA-To Support the Investigation of the Use of Isotretinoin to Treat Idh1 Mutant Glioma Patients$118,000
Florida Center for Brain Tumor Research - University of Florida HealthGainesville, FL501(c)(3)TO SUPPORT FCBTR'S 2015/2016 GRANTEES$100,000
Syapse IncPalo Alto, CA501(c)(3)TO USE SYAPSE'S SOFTWARE TO INTERPRET RAW GENOMIC DATA FOR BRAIN CANCER CLINICAL RESEARCH PURPOSES$100,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$352,878
Fundraising Gross Income$352,878
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Race for Hope Fundraising Event-dc$1,114,820$165,339-$165,339
City Events$161,315---
Total Events$1,656,771$352,878$352,878$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 Related Party$62,652
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 11B

“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 december 2015. 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

Filer Name
Accelerate Brain Cancer Cure Inc
EIN
52-2320756
Phone
2024193140
Address
1717 RHODE ISLAND AVENUE NW NO 700, WASHINGTON, DC 20036

Signing Officer

Name
Max Wallace
Title
President and CEO
Phone
2024193140
Signed
2017-08-16
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
7
Volunteers
300

Preparer

Firm
Jones Maresca & Mcquade Pa
Address
10500 LITTLE PATUXENT PARKWAY SUITE, 770, COLUMBIA, MD 21044
Preparer
David Jones
Phone
4108840220
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

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

Financial Statement Notes

PART X, LINE 2:

“Abc2 believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements or that would have an effect on its tax-exempt status. There are no unrecognized tax benefits or liabilities that need to be recorded.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expenses 362,024.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expenses 362,024.”

Raw XML AppendixShowing 400 of 606 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.

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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.
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt08869
IRS990/LandBldgEquipCostOrOtherBssAmt040438
IRS990/LegalDomicileStateCd0DC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0260174
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/NetAssetsOrFundBalancesBOYAmt03103508
IRS990/NetAssetsOrFundBalancesEOYAmt02840692
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt010596
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt010596
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03600
IRS990/OccupancyGrp/ManagementAndGeneralAmt09469
IRS990/OccupancyGrp/ProgramServicesAmt03600
IRS990/OccupancyGrp/TotalAmt016669
IRS990/OfficeExpensesGrp/FundraisingAmt09033
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02419
IRS990/OfficeExpensesGrp/ProgramServicesAmt05297
IRS990/OfficeExpensesGrp/TotalAmt016749
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt015
IRS990/OtherAssetsTotalGrp/EOYAmt017
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05698
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03441
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02812
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011951
IRS990/OtherExpensesGrp/Desc0LICENSE AND REGISTRATIO
IRS990/OtherExpensesGrp/Desc1MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc2WEBSITE & AV
IRS990/OtherExpensesGrp/Desc3PRINTING
IRS990/OtherExpensesGrp/FundraisingAmt017479
IRS990/OtherExpensesGrp/FundraisingAmt12998
IRS990/OtherExpensesGrp/FundraisingAmt28325
IRS990/OtherExpensesGrp/FundraisingAmt35757
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02451
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1229
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21367
IRS990/OtherExpensesGrp/ProgramServicesAmt06819
IRS990/OtherExpensesGrp/TotalAmt019930
IRS990/OtherExpensesGrp/TotalAmt110046
IRS990/OtherExpensesGrp/TotalAmt28325
IRS990/OtherExpensesGrp/TotalAmt37124
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt062652
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0149792
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt078825
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt060123
IRS990/OtherSalariesAndWagesGrp/TotalAmt0288740
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt025330
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011094
IRS990/PayrollTaxesGrp/ProgramServicesAmt07133
IRS990/PayrollTaxesGrp/TotalAmt043557
IRS990/PensionPlanContributionsGrp/FundraisingAmt02269
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01169
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02005
IRS990/PensionPlanContributionsGrp/TotalAmt05443
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0695347
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0275637
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027087
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0104975
IRS990/PrincipalOfficerNm0MAX WALLACE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02377196
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01401606
IRS990/PYInvestmentIncomeAmt0-9813
IRS990/PYOtherExpensesAmt0495461
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-235808
IRS990/PYSalariesCompEmpBnftPaidAmt0706124
IRS990/PYTotalExpensesAmt02603191
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02367383
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-262816
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02696483
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02966834
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01961022
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02575366
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02154714
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03168066
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01874906
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt011734074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01732
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0649
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0215
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0208
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04821
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt022134
IRS990ScheduleA/OtherIncome170Grp/TotalAmt022134
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90050
IRS990ScheduleA/PublicSupportPY170Pct00.89650
IRS990ScheduleA/PublicSupportTotal170Amt010590620
IRS990ScheduleA/SubstantialContributorsTotAmt01143454
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01961022
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02575366
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02154714
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03168066
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01874906
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt011734074
IRS990ScheduleA/TotalSupportAmt011761029
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/DonatedServicesAndUseFcltsAmt094705
IRS990ScheduleD/DonatedServicesUseFcltsAmt094705
IRS990ScheduleD/EquipmentGrp/BookValueAmt08869
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031569
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt040438
IRS990ScheduleD/ExpensesNotReportedAmt0456729
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02236166
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0362024
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt062652
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/OtherRevenueAmt0362024
IRS990ScheduleD/RevenueNotReportedAmt0456729
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01973350
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ABC2 BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS OR THAT WOULD HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THERE ARE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT NEED TO BE RECORDED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EXPENSES 362,024.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT FUNDRAISING EXPENSES 362,024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08869
IRS990ScheduleD/TotalExpensesPerForm990Amt02236166
IRS990ScheduleD/TotalLiabilityAmt062652
IRS990ScheduleD/TotalRevenuePerForm990Amt01973350
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02430079
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02692895
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt01303893
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0949481
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0161315
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt0193097
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0352878
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RACE FOR HOPE FUNDRAISING EVENT-DC
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CITY EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt01114820
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0161315
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0380636
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt01656771
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0165339
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0187539
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0352878
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0165339
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt0187539
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0352878
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0100000
IRS990ScheduleI/RecipientTable/CashGrantAmt1100000
IRS990ScheduleI/RecipientTable/CashGrantAmt2150000
IRS990ScheduleI/RecipientTable/CashGrantAmt3143118
IRS990ScheduleI/RecipientTable/CashGrantAmt4300000
IRS990ScheduleI/RecipientTable/CashGrantAmt5118000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,356,332
Liabilities
$515,640
Net assets
$2,840,692
Revenue
$1,973,350
Expenses
$2,236,166
Net income
-$262,816
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
2016Detailed filing. Detailed filing data is available for this year.$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
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