Psc Partners Seeking A Cure
- Assets
- $3.6m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 8
- Location
- Englewood, CO
- Founding
- 03/2005
- Data as of
- 12/2021
- EIN
- 20-2112635
Organization Overview
Psc Partners Seeking A Cure is located in Englewood, CO. The organization was established in 2005. According to its NTEE Classification (G54) the organization is classified as: Epilepsy, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Psc Partners Seeking A Cure employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Psc Partners Seeking A Cure 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, Psc Partners Seeking A Cure generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 6.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Psc Partners Seeking A Cure has awarded 31 individual grants totaling $1,100,906. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION AND SUPPORT FOR THOSE IMPACTED BY PRIMARY SCLEROSING CHOLANGITIS (PSC), WHILE SEARCHING FOR TREATMENTS AND A CURE FOR THIS RARE LIVER DISEASE BY RAISING AND ALLIGNING FUNDING TO DRIVE RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ONLINE EDUCATION AND SUPPORT FOR THOSE IMPACTED BY PRIMARY SCLEROSING CHOLANGITIS (PSC), WHILE ALSO SEARCHING FOR TREATMENTS AND A CURE FOR THIS RARE LIVER DISEASE BY RAISING AND ALIGNING FUNDING TO DRIVE RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meegan Carey Executive Director | 40 | $125,489 | |
Joanne Hatchett Employee | 40 | $116,506 | |
James Mcmurtry Vice Chair | OfficerTrustee | 0 | $0 |
Jennifer Sims Treasurer | OfficerTrustee | 0 | $0 |
Joanne Grieme Chair | OfficerTrustee | 0 | $0 |
Britt Moore Secretary | OfficerTrustee | 0 | $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 | $2,076,711 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,076,711 |
| Total Program Service Revenue | $15,000 |
| Investment income | $18,153 |
| 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 | $2,115,184 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $207,487 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $163,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $125,489 |
| Compensation of current officers, directors, key employees. | $31,372 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $406,189 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,549 |
| Payroll taxes | $39,897 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,702 |
| Advertising and promotion | $1,187 |
| Office expenses | $23,183 |
| Information technology | $36,641 |
| Royalties | $0 |
| Occupancy | $41,108 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $40,201 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,037 |
| Insurance | $3,112 |
| All other expenses | $0 |
| Total functional expenses | $1,163,628 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $84,648 |
| Pledges and grants receivable | $720,725 |
| Accounts receivable, net | $36,724 |
| 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 | $12,863 |
| Net Land, buildings, and equipment | $11,151 |
| Investments—publicly traded securities | $2,728,809 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,594,920 |
| Accounts payable and accrued expenses | $13,536 |
| 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 | $13,536 |
| Net assets without donor restrictions | $1,848,137 |
| Net assets with donor restrictions | $1,733,247 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,594,920 |
Grants Awarded
Over the last fiscal year, Psc Partners Seeking A Cure has awarded $177,487 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Evanston, IL PURPOSE: MEDICAL RESEARCH | $30,000 |
Davis, CA PURPOSE: MEDICAL RESEARCH | $30,000 |
INDIANA CENTER FOR LIVER RESEARCH PURPOSE: MEDICAL RESEARCH | $30,000 |
Evanston, IL PURPOSE: MEDICAL RESEARCH | $30,000 |
Baltimore, MD PURPOSE: MEDICAL RESEARCH | $30,000 |
Dallas, TX PURPOSE: MEDICAL RESEARCH | $27,487 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Psc Partners Seeking A Cure has recieved totaling $162,758.
| Awarding Organization | Amount |
|---|---|
St Louis Community Foundation Incorporated St Louis, MO PURPOSE: HEALTH | $100,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: MEDICAL/SCIENTIFIC RESEARCH & PROGRAMS | $26,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $19,788 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $11,870 |
Grover Family Foundation Inc Kohler, WI PURPOSE: SCIENTIFIC | $5,000 |
Amg Charitable Gift Foundation Greenwood Village, CO PURPOSE: MEDICAL | $100 |
Endowment Analysis
| Beg. Balance | $386,628 |
| Net Contributions | $404,655 |
| Other Expense | $334,175 |
| Ending Balance | $457,108 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valir Pace Foundation Oklahoma City, OK | $0 | $6,966,948 |
Psc Partners Seeking A Cure Englewood, CO | $3,594,920 | $2,115,184 |
Epilepsy Foundation Of Colorado Greenwood Village, CO | $1,678,525 | $1,002,878 |
Joshua David Foundation Jackson, WY | $270,313 | $453,813 |
Chelsea Hutchison Foundation Aurora, CO | $348,350 | $447,215 |
Vickis Cure Charity Organization Phoenix, AZ | $0 | $0 |
Lifestyle Innovations For Epilepsy (life) Plattsmouth, NE | $20,313 | $0 |
Buie Major Cure Corporation Castle Rock, CO | $0 | $0 |