Accelerated Cure Project Inc

Organization Overview

Accelerated Cure Project Inc is located in Waltham, MA. The organization was established in 2015. According to its NTEE Classification (G50) the organization is classified as: Nerve, Muscle & Bone Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Accelerated Cure Project Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Accelerated Cure Project 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 12/2021, Accelerated Cure Project Inc generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO ACCELERATE RESEARCH EFFORTS TO IMPROVE DIAGNOSIS, TO OPTIMIZE TREATMENT, AND TO CURE MULTIPLE SCLEROSIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCIENTIFIC COLLABORATION AIMS TO ACCELERATE PROGRESS TOWARDS A CURE FOR MULTIPLE SCLEROSIS (MS) AND TO IMPROVE HEALTH, HEALTHCARE AND QUALITY OF LIFE FOR PEOPLE AFFECTED BY MS BY STIMULATING AND ENABLING RESEARCH, THROUGH THE PROVISION OF MUCH-NEEDED RESOURCES, AND CREATING NETWORKING OPPORTUNITIES ACROSS ALL MS STAKEHOLDERS TO SPARK NEW IDEAS AND CATALYZE UNFORESEEN CONNECTIONS. A KEY COMPONENT OF THIS PROGRAM IS THE ICONQUERMS PEOPLE-POWERED RESEARCH NETWORK IN WHICH THE INPUT AND DATA CONTRIBUTED BY NETWORK PARTICIPANTS SHAPES AND ACCELERATES RESEARCH ON TOPICS THAT MATTER MOST TO PEOPLE AFFECTED BY MS.


COMMUNITY BUILDING: WE HAVE AN EXTENSIVE COMMUNITY OF PARTICIPATING MS STAKEHOLDERS CONSISTING OF PEOPLE WITH MS, THEIR FRIENDS AND FAMILIES, CLINICIANS, SCIENTISTS AND RESEARCHERS, MS-RELATED CORPORATIONS, AND OTHER INTERESTED PARTIES. EMAIL UPDATES ON THE PROGRESS OF RESEARCH, COLLABORATION, AND OTHER INFORMATION OF INTEREST ARE SENT OUT REGULARLY. PRODUCTION OF A SEASONAL NEWSLETTER IS DISTRIBUTED QUARTERLY. OUR GROUP OF VOLUNTEERS HAS FORMED A CORE COMMUNITY OF ACTIVE HELPERS. OUR CONNECTIONS TO PEOPLE AFFECTED BY MS AND OTHER MS STAKEHOLDERS ARE ESSENTIAL FOR BUILDING AND ACCELERATING RESEARCH THROUGH OUR BIOBANK/REPOSITORY AND ICONQUERMS PEOPLE-POWERED RESEARCH NETWORK.


TISSUE BANK/REPOSITORY: WE HAVE RECRUITED OVER 3,000 SUBJECTS WITH AND WITHOUT MS AND OTHER DEMYELINATING DISEASES WHO HAVE DONATED BLOOD SAMPLES AND PROVIDED MEDICAL AND EPIDEMIOLOGICAL DATA THAT ARE STORED IN THE REPOSITORY AND MADE AVAILABLE TO RESEARCHERS IN EXCHANGE FOR THE DATA THEY GENERATE FROM THEIR STUDIES THAT USE THE SAMPLES. THE GOAL OF THE REPOSITORY IS TO PROVIDE RESEARCHERS WITH ACCESS TO A LARGE NUMBER OF BIOLOGICAL SAMPLES AND DATA, THAT WOULD OTHERWISE NOT BE AVAILABLE, AND TO THE AGGREGATED DATA THAT IS GENERATED FROM THE STUDIES IN ORDER THAT THEY CAN DETERMINE THE CAUSES AND MECHANISMS OF MS AND RELATED DISEASES AND THE EFFECTS OF TREATMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Sara Loud
Ceo/president
$160,000
Robert Mcburney
Chief Research Officer
$148,800
Hollie Schmidt
VP Of Scientic Ops.
$131,880
Susan Y Friedman
Director
$0
Patrick Curley
Director
$0
Linda Kanner
Director/chair
$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$1,232,135
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,232,135
Total Program Service Revenue$496,973
Investment income $609
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $97
Net Income from Fundraising Events $9,309
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,739,123

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Accelerated Cure Project Inc has recieved totaling $299,784.

Awarding OrganizationAmount
Mr And Mrs George W Taylor Foundtn

Rockford, IL

PURPOSE: HEALTH

$100,000
Oscar Miller Family Private Foundation

Newton, MA

PURPOSE: GENERAL CHARITABLE PURPOSES OF ORGANIZATION

$50,000
Marisa Martini Private Foundation Inc

Whippany, NJ

PURPOSE: UNRESTRICTED

$50,000
Guthy-Jackson Charitable Foundation

Beverly Hills, CA

PURPOSE: TO SUPPORT MEDICAL RESEARCH

$26,852
Guthy-Jackson Charitable Foundation

Beverly Hills, CA

PURPOSE: TO SUPPORT MEDICAL RESEARCH

$26,070
Jacquemin Family Foundation Inc

Ashburn, VA

PURPOSE: THE ACCELERATED CURE PROJECT FOR MS BELIEVES THAT RESEARCH IS THE ONLY WAY TO GREATLY IMPROVE THE OUTLOOK FOR PEOPLE WITH MS. THE ORGANIZATION PROMOTES SCIENTIFIC COLLABORATION AND ACCELERATES RESEARCH BY RAPIDLY AND COST-EFFECTIVELY PROVIDING RESEARCHERS WITH DATA AND BIOSPECIMENS THEY NEED TO EXPLORE NOVEL RESEARCH IDEAS THAT CAN LEAD TO BETTER CARE FOR PEOPLE WITH MS.

$10,000
View Grant Recipient Profile

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