Cure Gm1 Incorporated
- Assets
- $3.3m
- Revenue
- $549.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Albany, CA
- Founding
- 04/2015
- Data as of
- 12/2021
- EIN
- 47-3154419
Organization Overview
Cure Gm1 Incorporated is located in Albany, CA. The organization was established in 2015. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. As of 12/2021, Cure Gm1 Incorporated employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cure Gm1 Incorporated 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, Cure Gm1 Incorporated generated $549.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $142.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O. THE PURPOSE OF THE ORGANIZATION IS TO RAISE FUNDS FOR MEDICAL RESEARCH FOR A RARE DISEASE CALLED GM1 GANGLIOSIDOSISTHAT HAS NO CURE OR TREATMENT OTHER THAN COMFORT MEASURES AND SYMPTOM MANAGEMENT. PROMISING RESEARCH EXISTS, BUT LACKS FUNDING. THE ORGANIZATION HOPE TO UNITE FAMILIES OF THOSE WHO SUFFER FROM THIS DISEASE AND THEIR SUPPORTERS BY FUNDRAISING FOR A CURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMPLETED FIRST EVER GM1 CAREGIVER EXPERIENCE STUDY FOCUS GROUPS AND INTERVIEWS
HELD GM1 VIRTUAL CONFERENCE
ASSISTED BIOTECH COMPANIES WITH RECOMMENDATIONS OF GM1 COMMUNITY MEMBERS TO PARTICIPATE IN FOCUS GROUPS AND ADVISORY COMMITTEES
FUNDED ENZYME REPLACEMENT THERAPY PROJECT IN COLLABORATION WITH TEGA THERAPEUTICS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Blessing Vice President | Officer | 5 | $0 |
Christine M Waggoner CEO | Officer | 15 | $0 |
Vanessa Rangel Miller Director | Trustee | 5 | $0 |
Ryan Bragg Director | Trustee | 3 | $0 |
Kylie Harrison Director | Trustee | 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 | $543,559 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $543,559 |
| Total Program Service Revenue | $0 |
| Investment income | $5,702 |
| 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 | $549,261 |
| 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 | $22,400 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,987 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,810 |
| Fees for services: Accounting | $4,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,139 |
| Advertising and promotion | $8,000 |
| Office expenses | $1,154 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,814 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,560 |
| All other expenses | $365 |
| Total functional expenses | $142,807 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,286 |
| Savings and temporary cash investments | $409,132 |
| 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 | $2,368 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,316,270 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $255,535 |
| Total assets | $3,273,591 |
| Accounts payable and accrued expenses | $15,551 |
| 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 | $15,551 |
| Net assets without donor restrictions | $3,258,040 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,273,591 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cure Gm1 Incorporated has recieved totaling $193,494.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $163,129 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $19,234 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,131 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wellcome Leap Inc Culver City, CA | $553,318,259 | $346,259,833 |
Wings For Life Usa - Spinal Cord Research Foundation Inc Santa Monica, CA | $6,609,538 | $4,978,629 |
Foundation For Research Carson City, NV | $164,068,419 | $4,402,154 |
Runx1 Foundation Santa Barbara, CA | $3,085,064 | $5,336,089 |
Psfc Santa Cruz, CA | $8,888,871 | $6,472,995 |
Kure It Inc Irvine, CA | $825,809 | $1,330,675 |
Harold Pump Foundation Sherman Oaks, CA | $580,879 | $1,396,694 |
The Weil Foundation Tucson, AZ | $2,417,436 | $1,895,509 |
Cancer Awareness Through Research And Education Association Carefree, AZ | $148,453 | $969,135 |
Shoot For A Cure North Hollywood, CA | $399,457 | $878,758 |
Arrowhead Regional Medical Center Foundation Colton, CA | $2,669,831 | $937,166 |
Castleman Disease Collaborative Network Paso Robles, CA | $2,064,859 | $788,631 |