FURP.ORG / PUBLIC DATA EXPLORER

ACCELERATE BRAIN CANCER CURE INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
ACCELERATE BRAIN CANCER CURE INC (EIN 52-2320756)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-15
IRS object ID
201913199349308546
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-15T11:51:58-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521853933PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JONES MARESCA & MCQUADE PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110500 LITTLE PATUXENT PARKWAY SUITEAddressLine1Txt
Address Line2770AddressLine2Txt
CityCOLUMBIACityNm
State AbbreviationMDStateAbbreviationCd
ZIP21044ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN522320756EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ACCELERATE BRAIN CANCER CURE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlACCEBusinessNameControlTxt
Phone2024193140PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11717 RHODE ISLAND AVENUE NW NO 700AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMAX WALLACEPersonNm
Person TitlePRESIDENT AND CEOPersonTitleTxt
Phone2024193140PhoneNum
Signature2019-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLISA CHEIFETZPreparerPersonNm
PTINP01444196PTIN
Phone4108840220PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.88.174.3IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-15IPDt
IP Tm11:04:02IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdA02FDE1BB5C34FAEC78D97DBCBA9E94617D1657AAtSubmissionCreationDeviceId
At Submission Filing Device Id8135A10533E138772E75B7028466B6AE3A842BF5AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMAX WALLACEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11717 RHODE ISLAND AVENUE NW NO 700AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,299,618GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ABC2.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionACCELERATE BRAIN CANCER CURE HAS A SINGLE FOCUS-TO HASTEN THE DISCOVERY OF A CURE FOR BRAIN CANCER.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee9TotalEmployeeCnt
Total Volunteers300TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,772,747PYContributionsGrantsAmt
CY Contributions Grants$1,912,674CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$9,924PYInvestmentIncomeAmt
CY Investment Income$2,681CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,782,671PYTotalRevenueAmt
CY Total Revenue$1,915,355CYTotalRevenueAmt
PY Grants And Similar Paid$715,237PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$363,475CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$967,720PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$850,117CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$574,271CYTotalFundraisingExpenseAmt
PY Other Expenses$452,089PYOtherExpensesAmt
CY Other Expenses$370,692CYOtherExpensesAmt
PY Total Expenses$2,135,046PYTotalExpensesAmt
CY Total Expenses$1,584,284CYTotalExpensesAmt
PY Revenues Less Expenses-$352,375PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$331,071CYRevenuesLessExpensesAmt
Total Assets BOY$2,896,513TotalAssetsBOYAmt
Total Assets EOY$3,099,618TotalAssetsEOYAmt
Total Liabilities BOY$408,196TotalLiabilitiesBOYAmt
Total Liabilities EOY$280,230TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,488,317NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,819,388NetAssetsOrFundBalancesEOYAmt
MissionTO ACCELERATE PROGRESS IN WHAT HAS BEEN AN UNDERSERVED FIELD OF RESEARCH; THE ORGANIZATION AIMS TO RAISE AWARENESS ABOUT BRAIN CANCER AND HELP MOBILIZE CRITICAL SCIENTIFIC RESEARCH THROUGH RESEARCH GRANTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$669,406ExpenseAmt
Grant$363,475GrantAmt
DescACCELERATE BRAIN CANCER CURE, INC. (ABC2) BELIEVES A FOCUSED AND AGGRESSIVE ENTREPRENEURIAL MODEL WILL INCREASE THE NUMBER OF THERAPIES DISCOVERED AND ENABLE THOSE THERAPIES TO BE AVAILABLE TO DOCTORS AND PATIENTS MORE QUICKLY. ABC2 PROVIDES RESEARCHERS WITH THE PIVOTAL SUPPORT THEY NEED TO MAKE CRITICAL BREAKTHROUGHS. IT FUNDS TRANSLATIONAL RESEARCH AIMED AT FINDING THE FASTEST POSSIBLE ROUTE TO A CURE. ABC2 SUPPORTS A RANGE OF MEDICAL RESEARCH ORGANIZATIONS.Desc
Total Program Service Expenses$669,406TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document16IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee9EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2024193140PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11717 RHODE ISLAND AVENUE NW NO 700AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
STEVE CASE
CHAIRMAN & CO-FOUNDER1.00Yes (X)Yes (X)$0$0$0
STACEY CASE
CO-FOUNDER1.00Yes (X)$0$0$0
NANCY PFUND
MEMBER1.00Yes (X)$0$0$0
DAVID COLE
MEMBER1.00Yes (X)$0$0$0
JEAN CASE
CO-FOUNDER1.00Yes (X)$0$0$0
DOUG HOLLADAY
MEMBER1.00Yes (X)$0$0$0
JONATHAN WEINBERG
MEMBER1.00Yes (X)$0$0$0
GARY WIMMER
MEMBER1.00Yes (X)$0$0$0
MAX WALLACE
PRESIDENT AND CEO40.00Yes (X)$305,599$0$15,688
DAVID SANDAK
VP, SECRETARY/TREASURER40.00Yes (X)$163,926$0$16,856
FieldValueIRS element (for citing)
Total Reportable Comp From Org$469,525TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$32,544TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$1,107,743FundraisingAmt
All Other Contributions$804,931AllOtherContributionsAmt
Noncash Contributions$5,196NoncashContributionsAmt
Total Contributions$1,912,674TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,406TotalRevenueColumnAmt
Exclusion$5,406ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$15,798SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$14,743SecuritiesAmt
Other$3,780OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,055SecuritiesAmt
Other-$3,780OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$2,725TotalRevenueColumnAmt
Exclusion-$2,725ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$365,740FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,107,743ContriRptFundraisingEventAmt
Fundraising Direct Expenses$365,740FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,915,355TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,681ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$363,475TotalAmt
Program Services$363,475ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$502,069TotalAmt
Program Services$96,516ProgramServicesAmt
Management And General$147,610ManagementAndGeneralAmt
Fundraising$257,943FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$274,788TotalAmt
Program Services$52,225ProgramServicesAmt
Management And General$80,754ManagementAndGeneralAmt
Fundraising$141,809FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$6,597TotalAmt
Program Services$997ProgramServicesAmt
Management And General$1,632ManagementAndGeneralAmt
Fundraising$3,968FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$21,602TotalAmt
Program Services$5,239ProgramServicesAmt
Management And General$6,663ManagementAndGeneralAmt
Fundraising$9,700FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$45,061TotalAmt
Program Services$7,438ProgramServicesAmt
Management And General$12,944ManagementAndGeneralAmt
Fundraising$24,679FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$669TotalAmt
Management And General$669ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$53,300TotalAmt
Management And General$53,300ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$158,982TotalAmt
Program Services$47,325ProgramServicesAmt
Management And General$1,446ManagementAndGeneralAmt
Fundraising$110,211FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$21,360TotalAmt
Program Services$7,664ProgramServicesAmt
Management And General$10,933ManagementAndGeneralAmt
Fundraising$2,763FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$18,513TotalAmt
Program Services$3,600ProgramServicesAmt
Management And General$11,313ManagementAndGeneralAmt
Fundraising$3,600FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$55,970TotalAmt
Program Services$53,771ProgramServicesAmt
Management And General$1,822ManagementAndGeneralAmt
Fundraising$377FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$15,807TotalAmt
Program Services$15,235ProgramServicesAmt
Management And General$534ManagementAndGeneralAmt
Fundraising$38FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,188TotalAmt
Management And General$3,188ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$21,309TotalAmt
Program Services$15,621ProgramServicesAmt
Management And General$5,688ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
LICENSE AND REGISTRATIO$12,368$300$1,987$10,081
WEBSITE & AV$9,226$124$9,102

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,584,284TotalAmt
Program Services$669,406ProgramServicesAmt
Management And General$340,607ManagementAndGeneralAmt
Fundraising$574,271FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$38,013EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,551,650BOYAmt
EOY$2,878,185EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$303,684BOYAmt
EOY$163,206EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$513EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$33,147BOYAmt
EOY$6,909EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$39,128LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$28,016LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$8,001BOYAmt
EOY$11,112EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$31BOYAmt
EOY$1,680EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,896,513BOYAmt
EOY$3,099,618EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$86,320BOYAmt
EOY$129,415EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$250,000BOYAmt
EOY$100,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$71,876BOYAmt
EOY$50,815EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$408,196BOYAmt
EOY$280,230EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,184,101BOYAmt
EOY$2,618,169EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$304,216BOYAmt
EOY$201,219EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,488,317BOYAmt
EOY$2,819,388EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,896,513BOYAmt
EOY$3,099,618EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$331,071ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,154,714CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,575,366CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,961,022CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,772,747CurrentTaxYearMinus1YearAmt
Current Tax Year$1,912,674CurrentTaxYearAmt
Total$10,376,523TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,154,714CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,575,366CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,961,022CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,772,747CurrentTaxYearMinus1YearAmt
Current Tax Year$1,912,674CurrentTaxYearAmt
Total$10,376,523TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$666,923SubstantialContributorsTotAmt
Public Support Total170$9,709,600PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$649CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,017CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,732CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,629CurrentTaxYearMinus1YearAmt
Current Tax Year$5,406CurrentTaxYearAmt
Total$16,433TotalAmt
FieldValueIRS element (for citing)
Total Support$10,392,956TotalSupportAmt
Public Support CY1700.93420PublicSupportCY170Pct
Public Support PY1700.90350PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$30,249OtherCostOrOtherBasisAmt
Depreciation$19,137DepreciationAmt
Book Value$11,112BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,879OtherCostOrOtherBasisAmt
Depreciation$8,879DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$11,112TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO AFFILIATED ENTRYDesc
Amt$50,815Amt
FieldValueIRS element (for citing)
Total Liability$50,815TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,369,407TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$88,312DonatedServicesAndUseFcltsAmt
Other Revenue$365,740OtherRevenueAmt
Revenue Not Reported$454,052RevenueNotReportedAmt
Revenue Subtotal$1,915,355RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,915,355TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,038,336TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$88,312DonatedServicesUseFcltsAmt
Other Expenses Included$365,740OtherExpensesIncludedAmt
Expenses Not Reported$454,052ExpensesNotReportedAmt
Expenses Subtotal$1,584,284ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,584,284TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:ABC2 BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS OR THAT WOULD HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THERE ARE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT NEED TO BE RECORDED.
PART XI, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES 365,740.
PART XII, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES 365,740.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1RACE FOR HOPEEvent1Nm
Gross Receipts Event1$1,050,302GrossReceiptsEvent1Amt
Charitable Contri Event1$931,113CharitableContriEvent1Amt
Gross Revenue Event1$119,189GrossRevenueEvent1Amt
Other Direct Expenses Event1$119,189OtherDirectExpensesEvent1Amt
Event2OVER THE EDGE - DCEvent2Nm
Gross Receipts Event2$162,803GrossReceiptsEvent2Amt
Charitable Contri Event2$75,381CharitableContriEvent2Amt
Gross Revenue Event2$87,422GrossRevenueEvent2Amt
Other Direct Expenses Event2$87,422OtherDirectExpensesEvent2Amt
Other Events Total3OtherEventsTotalCnt
Gross Receipts Other Events$260,378GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$101,249CharitableContriOtherEventsAmt
Gross Revenue Other Events$159,129GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$159,129OthDirectExpnssOtherEventsAmt
Gross Receipts Total$1,473,483GrossReceiptsTotalAmt
Charitable Contributions Tot$1,107,743CharitableContributionsTotAmt
Gross Revenue Total Events$365,740GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$365,740OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$365,740DirectExpenseSummaryEventsAmt
Net Income Summary$0NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtIRC SectionIRCSectionDesc
SYAPSE INC
101 UNIVERSITY AVENUE SUITE 230PALO ALTOCA94301263457459$25,000TO USE SYAPSE'S SOFTWARE TO INTERPRET RAW GENOMIC DATA FOR BRAIN CANCER CLINICAL RESEARCH PURPOSES.
JOHNS HOPKINS UNIVERSITY - MONTGOMERY
9601 MEDICAL CENTER DRROCKVILLEMD20850520595110$72,992PATENTS501(C)(3)
UNC-CHAPEL HILL
20 DUKE MEDICINE CIRDURHAMNC27710566001393$25,000SUPPORT THE PROJECT TITLED "3D BRAIN TISSUE DRUG AND DIAGNOSTICS ASSAY FOR TARGETING GLIOBLASTOMA TUMOR HETEROGENEITY501(C)(3)
EARLY SIGNAL FOUNDATION INC
311 WEST 43RD STREETNEW YORKNY10036813198566$9,363REIMBURSEMENT FOR SENSORS AND SUPPLIES FOR ACCELERATE BRAIN CANCER CURE GRANT ACTIVITIES501(C)(3)
COLUMBIA UNIVERSITY
PO BOX 29789 GENERAL POST OFFICENEW YORKNY10087135598093$99,000FOR THE GRANT TITLED" GLIOBLASTOMA LIVING BIOBANK PROJECT"501(C)(3)
BROAD INSTITUTE INC
415 MAIN STREETCAMBRIDGEMA02142263428781$101,142GBM CASES FOR CLIA SOMTIC WES - 2017501(C)(3)
FieldValueIRS element (for citing)
Total501c3 Org5Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationABC2 CLOSELY MONITORS THE PROGRESS OF THE RESEARCHERS IT FUNDS THROUGH ITS GRANT PROGRAM. THE ORGANIZATION REQUIRES SCIENTIFIC PROGRESS REPORTS AND COMPLETE FINANCIAL ACCOUNTING OF EXPENDITURES BEFORE RELEASING ADDITIONAL FUNDS AS WELL AS FINAL GRANT REPORTS INCLUDING FINANCIAL REPORTS. IN ADDITION, ABC2 HOLDS AN ANNUAL SCIENTIFIC MEETING AT WHICH TIME CERTAIN GRANTEES PRESENT THEIR PROGRESS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MAX WALLACE
PRESIDENT AND CEO$305,599$0$0$0$0$0$0$0$15,688$0$321,287$0$0$0
DAVID SANDAK
VP, SECRETARY/TREASURER$163,926$0$0$0$0$0$6,701$0$10,155$0$180,782$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2STEPHEN CASE, CHAIRMAN & BOARD MEMBER AND JEAN CASE, BOARD MEMBER ARE CO-FOUNDERS AND SPOUSES. STACEY CASE, BOARD MEMBER AND CO-FOUNDER, IS THE SISTER-IN-LAW OF STEPHEN CASE. THESE BOARD MEMBERS ALSO HAVE BUSINESS RELATIONSHIPS.
FORM 990, PART VI, SECTION B, LINE 11BMAX WALLACE, THE CHIEF EXECUTIVE OFFICER OF ACCELERATE BRAIN CANCER CURE, INC. REVIEWS AND SIGNS THE 990. THE 990 IS ALSO REVIEWED BY THE FINANCE COMMITTEE BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY AT ITS ANNUAL BOARD MEETING. INDEPENDENCE IS ALSO CONFIRMED PRIOR TO THE AWARDING OF ANY EXPENDITURE RESPONSIBILITY GRANT.
FORM 990, PART VI, SECTION B, LINE 15THE CHIEF EXECUTIVE OFFICER JOINED THE ORGANIZATION IN 2008. AS PART OF THE EXECUTIVE SEARCH PROCESS AN INDEPENDENT SEARCH FIRM PERFORMED AN INDUSTRY COMPENSATION ANALYSIS. THE LAST COMPENSATION REVIEW TOOK PLACE ON DECEMBER 2015. THE ORGANIZATION HAD NO KEY EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANICAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
FORM 990, PART IX, LINE 11GCONSULTING & PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 47,325. MANAGEMENT AND GENERAL EXPENSES 1,446. FUNDRAISING EXPENSES 110,211. TOTAL EXPENSES 158,982.
FORM 990, PART XII, LINE 2CTHIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.