Achieving Cures Together is located in St Louis Park, MN. The organization was established in 2016. According to its NTEE Classification (H70) the organization is classified as: Digestive Diseases & Disorders Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Achieving Cures Together 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, Achieving Cures Together generated $433.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.8% each year . All expenses for the organization totaled $434.1k during the year ending 12/2021. While expenses have increased by 26.2% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SAVE LIVES THROUGH ADVANCING MICROBIOME RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED THE PRODUCTION OF MICROBIOTA THERAPEUTIC PRODUCT USED IN ACADEMIC RESEARCH AND TO TREAT PATIENTS WITH RECURRENT CLOSTRICIOIDES DIFFICLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Greg Margarit Treasurer | OfficerTrustee | $0 | |
Peter Westerhaus President | OfficerTrustee | $0 | |
Bob Conroy Vice Preside | OfficerTrustee | $0 | |
Jon Westerhaus Board Member | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $73,929 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $383,417 |
Noncash contributions included in lines 1a–1f | $267,766 |
Total Revenue from Contributions, Gifts, Grants & Similar | $457,346 |
Total Program Service Revenue | $0 |
Investment income | $66 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$24,366 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $433,046 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $361,593 |
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. | $36,500 |
Compensation of current officers, directors, key employees. | $36,500 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,274 |
Fees for services: Management | $0 |
Fees for services: Legal | $28 |
Fees for services: Accounting | $1,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $11,537 |
Office expenses | $744 |
Information technology | $9,322 |
Royalties | $0 |
Occupancy | $6,742 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $240 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $3,026 |
Total functional expenses | $434,106 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $69,736 |
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 | $69,736 |
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 | $69,736 |
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 | $69,736 |
Over the last fiscal year, we have identified 2 grants that Achieving Cures Together has recieved totaling $8,000.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $7,000 |
Andersen Family Foundation Inc Wayzata, MN PURPOSE: GENERAL OPERATING FUND | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Van Andel Research Institute Grand Rapids, MI | $289,629,145 | $88,891,678 |
Stowers Institute For Medical Research Kansas City, MO | $238,524,295 | $116,367,619 |
Stanley Manne Childrens Research Institute Chicago, IL | $169,123,650 | $39,027,696 |
Hennepin Healthcare Research Institute Minneapolis, MN | $65,628,312 | $47,615,744 |
Alliance For Clinical Trials In Oncology Foundation Chicago, IL | $119,602,728 | $39,942,446 |
Trilogy Inc Chicago, IL | $15,390,124 | $38,855,480 |
Family Institute Evanston, IL | $24,399,945 | $35,971,873 |
Hektoen Institute For Medical Research Chicago, IL | $65,726,936 | $31,693,206 |
Barbara Ann Karmanos Cancer Institute Detroit, MI | $178,546,301 | $20,601,972 |
Fraunhofer Usa Inc Plymouth, MI | $31,958,834 | $20,911,766 |
Arbor Research Collaborative For Health Ann Arbor, MI | $23,346,603 | $18,357,581 |
Morgridge Institute Foundation Inc Madison, WI | $491,309,219 | $74,942,129 |