Civic Intelligence

Global Coalition for Adaptive Research Inc.

990 • Fiscal year 2018 • EIN 82-1199380

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

PO Box 49272Los Angeles, CA 90049-0272

(617) 299-6471

Siviq Scores

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

Liabilities / Assets

96th percentile

1.44x

Higher debt load relative to assets than 96% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

42nd percentile

0.06x

Higher debt load relative to revenue than 42% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

48th percentile

2.3%

Higher net margin than 48% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

39th percentile

$26,806

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

97th percentile

147%

Faster asset growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Assets

Up

$109,128

Up $65,009 (+147%) from 2017

Net Assets

Up

-$48,527

Up $57,354 (+54%) from 2017

Liabilities

Down

$157,655

Down $142,345 (-47%) from 2017

Revenue

Up

$2,525,750

Up $2,525,750 from 2017

Expenses

Up

$2,468,396

Up $2,362,515 (+2231%) from 2017

Net Income

Up

$57,354

Up $163,235 (+154%) from 2017

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0-$20MAssets 2017: $44,119Liabilities 2017: $300,000Net Assets 2017: -$105,8812017Assets 2018: $109,128Liabilities 2018: $157,655Net Assets 2018: -$48,5272018Assets 2019: $7,395,124Liabilities 2019: $755,402Net Assets 2019: $6,639,7222019Assets 2020: $28,309,589Liabilities 2020: $23,032,332Net Assets 2020: $5,277,2572020Assets 2021: $40,740,875Liabilities 2021: $13,880,420Net Assets 2021: $26,860,4552021Assets 2022: $59,575,227Liabilities 2022: $21,752,254Net Assets 2022: $37,822,9732022Assets 2023: $59,610,730Liabilities 2023: $19,617,460Net Assets 2023: $39,993,2702023Assets 2024: $63,602,270Liabilities 2024: $24,355,112Net Assets 2024: $39,247,1582024

Highlighted filing

2018

Assets$109,128
Liabilities$157,655
Net Assets-$48,527

Operations Trend

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

$40M$20M$0-$20MRevenue 2017: $0Expenses 2017: $105,881Net Income 2017: -$105,8812017Revenue 2018: $2,525,750Expenses 2018: $2,468,396Net Income 2018: $57,3542018Revenue 2019: $11,915,160Expenses 2019: $5,226,911Net Income 2019: $6,688,2492019Revenue 2020: $15,863,066Expenses 2020: $10,452,245Net Income 2020: $5,410,8212020Revenue 2021: $38,719,697Expenses 2021: $19,203,165Net Income 2021: $19,516,5322021Revenue 2022: $35,373,148Expenses 2022: $24,083,323Net Income 2022: $11,289,8252022Revenue 2023: $28,779,160Expenses 2023: $29,710,627Net Income 2023: -$931,4672023Revenue 2024: $27,688,488Expenses 2024: $30,895,157Net Income 2024: -$3,206,6692024

Highlighted filing

2018

Revenue$2,525,750
Expenses$2,468,396
Net Income$57,354
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$2,525,750
Mission and Program Overview

Mission

Our mission is to lead the development and ongoing management of clinical trial platforms to accelerate the discovery and development of cures for patients with rare and deadly diseases.

To promote and advance scientific research for platform clinical trials for rare diseases.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$150,000$150,000→ $0
Cash and Non-Interest-Bearing Accounts$44,119$109,128▲ $65,009
Total Assets$44,119$109,128▲ $65,009
Liabilities
Accounts Payable and Accrued Expenses$0$7,655▲ $7,655
Total Liabilities$150,000$157,655▲ $7,655
Net Assets / Fund Balance
Unrestricted Net Assets$-105,881$-48,527▲ $57,354
Total Net Assets Fund Balance$-105,881$-48,527▲ $57,354
Total Liabilities and Net Assets / Fund Balance$44,119$109,128▲ $65,009
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gary GordonInterim PresidentPT$26,806$26,806

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,525,750
Program Service Revenue
$1,000,000
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$57,354
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,441,590
Salaries, Compensation, and Employee Benefits$26,806
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,983,249$108,223-$2,091,472
Fees for Services Legal-$123,004-$123,004
Travel$30,521--$30,521
Current Officers, Directors, Trustees, and Key Employees-$26,806-$26,806
Other Expenses$25,400--$25,400
Advertising$6,113--$6,113
Insurance-$3,477-$3,477
Occupancy-$3,144-$3,144
Office Expenses-$1,446-$1,446
Interest-$263-$263
Total Functional Expenses$2,202,033$266,363$0$2,468,396
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-DirectorLoan to Pay for Organizational ExpensesNo$150,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$150,000$150,000→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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 B, Line 11B

Draft of form 990 is prepared by outside cpa firm. The draft is reviewed by the directors, ceo, and coo before it is filed.

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

Each director and officer is required to submit an updated conflict of interest statement on an annual basis. To the extent that relationships are identified via these statements and other information, the individual's constitent record in the company database is updated to include this information, facilitating periodic queries, as necessary. Any board member with a conflict must identify the conflict at any board meeting where the conflict is relevant. The member cannot be present at any part of the meeting where the relevant topic is discussed or voted on. The member cannot be counted for a quorum.

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

The board of directors is responsible for the review and approval of top-level executive management compensation annually. Independent professional experts are called upon for higher-level positions and assist in establishing executive salaries in the competitive marketplace. Salaries in both for profit and not for profit organizations are evaluated in order to attract the most talented personnel. Information is gathered, analyzed and discussed with the intent on ensuring that the executive compensation program falls within a reasonable range of competitive practices for comparable positions among similarly situated organizations. The review includes incentive plans and all fringe benefits as well as base salary arrangements.

Form 990, Part VI, Section C, Line 19

Gcar has a formal policy for public disclosure and inspection of documents. The policy is available to all upon request.

Filing and Contact Details

Filer

Filer Name
Global Coalition for Adaptive
EIN
82-1199380
Phone
6172996471
Address
PO BOX 49272, LOS ANGELES, CA 90049-0272

Signing Officer

Name
Anthony Gringeri
Title
Chief Executive Officer
Phone
3108822265
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Gringeri
Formed
2017
Legal Domicile
Md
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Bd & Associates Cpas Pllc
Address
1671 W HORIZON RIDGE PKWY STE 220, HENDERSON, NV 89012
Preparer
Dean L Walker CPA
Phone
7022022255
Supplemental Narrative

Additional Explanations

FORM 990, PART III - ORGANIZATION'S MISSION

1) to provide grants, funds, aid and assistance to scientific and medical institutes, scientists and physicians engaged in medical and scientific research as to the causes of, prevention of, early diagnosis of, and treatment of cancers of all types; 2) to promote and support the use of cancer-specific platform trials of new drugs and other treatments of cancer so that multiple treatment modalities may be tested and evaluated simultaneously; ongoing clinical trials may be continuously updated to incorporate the latest clinical trial research results; and the most effective treatment protocols for various types of cancer may be developed and approved sooner; 3) to promote and support financially and otherwise, public education as to the use of cancer-specific platform trials that result in protocols that may lead to earlier diagnosis and treatment of cancers of all types; 4) to underwrite, sponsor, and support academic and scholarly studies, symposia, curricula development, research, seminars, and presentation as to the topics set forth above in governmental institutions, in the media and in schools, colleges, universities and other educational institutions throughout the united states and abroad; 5) to encourage state and federal government agencies to provide adequate funding to promote the use of cancer-specific platform trials that can lead to more efficacious treatments of cancer and the ability of cancer patients to avail themselves of such treatments sooner than previously possible via standard clinical trial protocols; 6) to accomplish the above purposes by all reasonable an practical means, including the publication and dissemination of information in all forms and through all media, to the public in the united states and in foreign states; and 7) to engage in any lawful acts and enter into all lawful agreements that may be necessary, useful, suitable or proper to accomplish the charitable purposes of the corporation, provided the same is permitted under section 501(c)(3) of the code.

Form 990, Part IX, Line 11G

Independent consultants: program service expenses 1,983,249. Management and general expenses 108,223. Fundraising expenses 0. Total expenses 2,091,472.

Raw XML Appendix365 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01) TO PROVIDE GRANTS, FUNDS, AID AND ASSISTANCE TO SCIENTIFIC AND MEDICAL INSTITUTES, SCIENTISTS AND PHYSICIANS ENGAGED IN MEDICAL AND SCIENTIFIC RESEARCH AS TO THE CAUSES OF, PREVENTION OF, EARLY DIAGNOSIS OF, AND TREATMENT OF CANCERS OF ALL TYPES; 2) TO PROMOTE AND SUPPORT THE USE OF CANCER-SPECIFIC PLATFORM TRIALS OF NEW DRUGS AND OTHER TREATMENTS OF CANCER SO THAT MULTIPLE TREATMENT MODALITIES MAY BE TESTED AND EVALUATED SIMULTANEOUSLY; ONGOING CLINICAL TRIALS MAY BE CONTINUOUSLY UPDATED TO INCORPORATE THE LATEST CLINICAL TRIAL RESEARCH RESULTS; AND THE MOST EFFECTIVE TREATMENT PROTOCOLS FOR VARIOUS TYPES OF CANCER MAY BE DEVELOPED AND APPROVED SOONER; 3) TO PROMOTE AND SUPPORT FINANCIALLY AND OTHERWISE, PUBLIC EDUCATION AS TO THE USE OF CANCER-SPECIFIC PLATFORM TRIALS THAT RESULT IN PROTOCOLS THAT MAY LEAD TO EARLIER DIAGNOSIS AND TREATMENT OF CANCERS OF ALL TYPES; 4) TO UNDERWRITE, SPONSOR, AND SUPPORT ACADEMIC AND SCHOLARLY STUDIES, SYMPOSIA, CURRICULA DEVELOPMENT, RESEARCH, SEMINARS, AND PRESENTATION AS TO THE TOPICS SET FORTH ABOVE IN GOVERNMENTAL INSTITUTIONS, IN THE MEDIA AND IN SCHOOLS, COLLEGES, UNIVERSITIES AND OTHER EDUCATIONAL INSTITUTIONS THROUGHOUT THE UNITED STATES AND ABROAD; 5) TO ENCOURAGE STATE AND FEDERAL GOVERNMENT AGENCIES TO PROVIDE ADEQUATE FUNDING TO PROMOTE THE USE OF CANCER-SPECIFIC PLATFORM TRIALS THAT CAN LEAD TO MORE EFFICACIOUS TREATMENTS OF CANCER AND THE ABILITY OF CANCER PATIENTS TO AVAIL THEMSELVES OF SUCH TREATMENTS SOONER THAN PREVIOUSLY POSSIBLE VIA STANDARD CLINICAL TRIAL PROTOCOLS; 6) TO ACCOMPLISH THE ABOVE PURPOSES BY ALL REASONABLE AN PRACTICAL MEANS, INCLUDING THE PUBLICATION AND DISSEMINATION OF INFORMATION IN ALL FORMS AND THROUGH ALL MEDIA, TO THE PUBLIC IN THE UNITED STATES AND IN FOREIGN STATES; AND 7) TO ENGAGE IN ANY LAWFUL ACTS AND ENTER INTO ALL LAWFUL AGREEMENTS THAT MAY BE NECESSARY, USEFUL, SUITABLE OR PROPER TO ACCOMPLISH THE CHARITABLE PURPOSES OF THE CORPORATION, PROVIDED THE SAME IS PERMITTED UNDER SECTION 501(C)(3) OF THE CODE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DRAFT OF FORM 990 IS PREPARED BY OUTSIDE CPA FIRM. THE DRAFT IS REVIEWED BY THE DIRECTORS, CEO, AND COO BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH DIRECTOR AND OFFICER IS REQUIRED TO SUBMIT AN UPDATED CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. TO THE EXTENT THAT RELATIONSHIPS ARE IDENTIFIED VIA THESE STATEMENTS AND OTHER INFORMATION, THE INDIVIDUAL'S CONSTITENT RECORD IN THE COMPANY DATABASE IS UPDATED TO INCLUDE THIS INFORMATION, FACILITATING PERIODIC QUERIES, AS NECESSARY. ANY BOARD MEMBER WITH A CONFLICT MUST IDENTIFY THE CONFLICT AT ANY BOARD MEETING WHERE THE CONFLICT IS RELEVANT. THE MEMBER CANNOT BE PRESENT AT ANY PART OF THE MEETING WHERE THE RELEVANT TOPIC IS DISCUSSED OR VOTED ON. THE MEMBER CANNOT BE COUNTED FOR A QUORUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF TOP-LEVEL EXECUTIVE MANAGEMENT COMPENSATION ANNUALLY. INDEPENDENT PROFESSIONAL EXPERTS ARE CALLED UPON FOR HIGHER-LEVEL POSITIONS AND ASSIST IN ESTABLISHING EXECUTIVE SALARIES IN THE COMPETITIVE MARKETPLACE. SALARIES IN BOTH FOR PROFIT AND NOT FOR PROFIT ORGANIZATIONS ARE EVALUATED IN ORDER TO ATTRACT THE MOST TALENTED PERSONNEL. INFORMATION IS GATHERED, ANALYZED AND DISCUSSED WITH THE INTENT ON ENSURING THAT THE EXECUTIVE COMPENSATION PROGRAM FALLS WITHIN A REASONABLE RANGE OF COMPETITIVE PRACTICES FOR COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS. THE REVIEW INCLUDES INCENTIVE PLANS AND ALL FRINGE BENEFITS AS WELL AS BASE SALARY ARRANGEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GCAR HAS A FORMAL POLICY FOR PUBLIC DISCLOSURE AND INSPECTION OF DOCUMENTS. THE POLICY IS AVAILABLE TO ALL UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INDEPENDENT CONSULTANTS: PROGRAM SERVICE EXPENSES 1,983,249. MANAGEMENT AND GENERAL EXPENSES 108,223. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,091,472.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBAL COALITION FOR ADAPTIVE
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ReturnHeader/FilingSecurityInformation/IPTm018:12:24
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEAN L WALKER CPA
ReturnHeader/ReturnTs02019-11-15T18:16:39-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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