Cutting Edge Foundation Inc
- Assets
- $15.5k
- Revenue
- $29.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, SC
- Founding
- 01/2004
- Data as of
- 12/2019
- EIN
- 02-0657381
Organization Overview
Cutting Edge Foundation Inc is located in Lexington, SC. The organization was established in 2004. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cutting Edge Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Cutting Edge Foundation Inc generated $29.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (25.1%) each year. All expenses for the organization totaled $52.4k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD AND OPERATE A HOSPITAL IN CHAD FOR THE MEDICAL AND SPIRITUAL HEALING OF THE PEOPLE OF AFRICA
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2019 THE HOSPITAL STERILIZATION UNIT CONSTRUCTED YEARS AGO WAS CONVERTED TO HOUSING FOR THE DOCTORS. A NEW 50KVA GENERATOR WAS PURCHASED TO MEET THE HOSPITAL'S GROWING ENERGY NEEDS AND TO GIVE ENOUGH POWER FOR FUTURE EXPANSION. A NEW BUILDING WITH ROOMS FOR ANTE-NATAL APPOINTMENTS, VACCINATIONS, ECHO/ULTRA SOUND, X-RAY/RADIO AND CHAPLAINCY, AND A NEW SHADED WAITING AREA WAS CONSTRUCTED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mcmahon MD Vice President | OfficerTrustee | 20 | $0 |
Evans Jones Chief Financial Officer | OfficerTrustee | 10 | $0 |
Noel Johnson MD President | OfficerTrustee | 20 | $0 |
Daniel Biester Board Member | Trustee | 1 | $0 |
Christina Biester MD Historian | Trustee | 1 | $0 |
Trisch Johnson RN Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,131 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,131 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,131 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $45 |
| Fees for services: Accounting | $2,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $163 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $650 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,169 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $50 |
| Total functional expenses | $52,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,547 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,547 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $15,547 |
| Total liabilities and net assets/fund balances | $15,547 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cutting Edge Foundation Inc has recieved totaling $7,474.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $7,474 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Management Technologies International Inc Newnan, GA | $8,681,139 | $7,735,276 |
Curamericas Global Inc Raleigh, NC | $1,269,317 | $7,228,870 |
Africas Childrens Fund Inc Atlanta, GA | $1,359,595 | $6,304,288 |
Global Water Center North Charleston, SC | $6,444,509 | $4,079,316 |
Help One Now Raleigh, NC | $912,547 | $3,549,093 |
Haiti Outreach Ministries Matthews, NC | $1,898,120 | $3,129,353 |
Hoi Inc Alpharetta, GA | $4,552,861 | $2,154,155 |
Childspring International Inc Atlanta, GA | $309,716 | $1,626,503 |
Childrens Wish Foundation International Inc Atlanta, GA | $676,195 | $963,209 |
Partners For Care Inc Alpharetta, GA | $302,228 | $1,318,430 |
Predisan-Usa Inc Alpharetta, GA | $1,997,135 | $1,860,030 |
Judea Harvest Incorporated Charlotte, NC | $191,374 | $1,117,942 |