Karen Collins Un-Teal There Is A Cure
- Assets
- $37.7k
- Revenue
- $174.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 11/2013
- Data as of
- 12/2021
- EIN
- 80-0828316
Organization Overview
Karen Collins Un-Teal There Is A Cure is located in Chattanooga, TN. The organization was established in 2013. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karen Collins Un-Teal There Is 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, Karen Collins Un-Teal There Is A Cure generated $174.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $149.7k during the year ending 12/2021. While expenses have increased by 7.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FUNDRAISING FOR OVARIAN CANCER RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE FUNDRAISING EVENTS AND COLLECTION OF CONTRIBUTIONS TO BE DONATED TO OVARIAN CANCER RESEARCH ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Palmer Vice President | OfficerTrustee | 1 | $0 |
Michael Collins President | OfficerTrustee | 5 | $0 |
Ashley Spinelli Secretary And Treasurer | OfficerTrustee | 1 | $0 |
Kristen Stone Director | Trustee | 1 | $0 |
Carrie Brisendine Director | Trustee | 1 | $0 |
Wanda Henry-Detwiler Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $28,194 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,974 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,168 |
| 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 | $64,621 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $174,789 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $130,000 |
| 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 | $0 |
| Fees for services: Accounting | $2,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,810 |
| Office expenses | $5,626 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $677 |
| All other expenses | $0 |
| Total functional expenses | $149,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,717 |
| 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 | $37,717 |
| 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 | $37,717 |
| 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 | $37,717 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Karen Collins Un-Teal There Is A Cure has recieved totaling $499.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $499 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Against Malaria Foundation Kansas City, MO | $318 | $95,777,874 |
Townebank Foundation Suffolk, VA | $12,218,911 | $5,948,178 |
Enduring Hearts Inc Marietta, GA | $4,514,675 | $1,999,139 |
Investigative Research Center Inc Arlington, VA | $96,743 | $0 |
Mission Clinical Services Hot Springs, AR | $679,407 | $1,180,610 |
24 Foundation Inc Charlotte, NC | $1,081,885 | $1,362,203 |
Lung Cancer Initiative Raleigh, NC | $1,367,824 | $941,380 |
Shallow Ford Foundation Inc Clemmons, NC | $16,710,912 | $2,245,323 |
Its The Journey Inc Peachtree Corners, GA | $1,468,150 | $837,855 |
Ians Friends Foundation Inc Atlanta, GA | $2,303,183 | $1,075,992 |
Disability Resource In Homeservices Inc Festus, MO | $80,012 | $820,552 |
Ollie Hinkle Heart Foundation Webster Groves, MO | $1,363,542 | $833,389 |