FURP.ORG / PUBLIC DATA EXPLORER

ACCELERATE BRAIN CANCER CURE INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
ACCELERATE BRAIN CANCER CURE INC (EIN 52-2320756)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-10-22
IRS object ID
201542959349300034
Schema version
2014v5.0
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)
Return2015-10-22T11:58:30-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

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 Begin2014-01-01TaxPeriodBeginDt

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
Signature2015-10-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID JONESPreparerPersonNm
PTINP01361002PTIN
Phone4108840220PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

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$2,155,363GrossReceiptsAmt
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 Body9VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee7TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,931,111PYContributionsGrantsAmt
CY Contributions Grants$1,933,475CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income-$10,590PYInvestmentIncomeAmt
CY Investment Income$649CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,920,521PYTotalRevenueAmt
CY Total Revenue$1,934,124CYTotalRevenueAmt
PY Grants And Similar Paid$75,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$290,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$821,382PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$829,080CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$633,249CYTotalFundraisingExpenseAmt
PY Other Expenses$488,748PYOtherExpensesAmt
CY Other Expenses$389,621CYOtherExpensesAmt
PY Total Expenses$1,385,130PYTotalExpensesAmt
CY Total Expenses$1,508,701CYTotalExpensesAmt
PY Revenues Less Expenses$1,535,391PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$425,423CYRevenuesLessExpensesAmt
Total Assets BOY$3,643,045TotalAssetsBOYAmt
Total Assets EOY$3,457,295TotalAssetsEOYAmt
Total Liabilities BOY$727,524TotalLiabilitiesBOYAmt
Total Liabilities EOY$117,979TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,915,521NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,339,316NetAssetsOrFundBalancesEOYAmt
MissionTHE PRIMARY OBJECTIVE OF ACCELERATE BRAIN CANCER CURE, INC. IS TO 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$626,431ExpenseAmt
Grant$290,000GrantAmt
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$626,431TotalProgramServiceExpensesAmt
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 SecYes (1)ReportInvestmentsOtherSecInd
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 ContriYes (1)DeductibleNonCashContriInd
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 Document27IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee7EmployeeCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
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 BodyYes (1)Form990ProvidedToGvrnBodyInd
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 CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
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 (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
STACEY CASE
CO-FOUNDER1.00Yes (X)$0$0$0
STEPHEN CASE
CHAIRMAN & 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
LARRY PROBST
MEMBER1.00Yes (X)$0$0$0
JONATHAN WEINBERG
MEMBER1.00Yes (X)$0$0$0
GARY WIMMER
MEMBER1.00Yes (X)$0$0$0
MAX WALLACE
CHIEF EXECUTIVE OFFICER40.00$251,174$0$11,918Yes (X)
DAVID SANDAK
VP, SECRETARY/TREASURER40.00$144,283$0$23,548Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$395,457TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$35,466TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$1,249,540FundraisingAmt
All Other Contributions$683,935AllOtherContributionsAmt
Total Contributions$1,933,475TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$649TotalRevenueColumnAmt
Exclusion$649ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$221,239FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,249,540ContriRptFundraisingEventAmt
Fundraising Direct Expenses$221,239FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

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

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,934,124TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$649ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$290,000TotalAmt
Program Services$290,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$395,457TotalAmt
Program Services$78,415ProgramServicesAmt
Management And General$77,363ManagementAndGeneralAmt
Fundraising$239,679FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$331,346TotalAmt
Program Services$65,703ProgramServicesAmt
Management And General$64,821ManagementAndGeneralAmt
Fundraising$200,822FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$16,495TotalAmt
Program Services$1,770ProgramServicesAmt
Management And General$2,189ManagementAndGeneralAmt
Fundraising$12,536FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$40,305TotalAmt
Program Services$8,195ProgramServicesAmt
Management And General$8,667ManagementAndGeneralAmt
Fundraising$23,443FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$45,477TotalAmt
Program Services$6,721ProgramServicesAmt
Management And General$7,986ManagementAndGeneralAmt
Fundraising$30,770FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$43,800TotalAmt
Management And General$43,800ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$135,731TotalAmt
Program Services$78,848ProgramServicesAmt
Management And General$1,015ManagementAndGeneralAmt
Fundraising$55,868FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$14,539TotalAmt
Program Services$2,123ProgramServicesAmt
Management And General$2,956ManagementAndGeneralAmt
Fundraising$9,460FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$42,344TotalAmt
Management And General$12,154ManagementAndGeneralAmt
Fundraising$30,190FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$20,021TotalAmt
Program Services$4,800ProgramServicesAmt
Management And General$10,421ManagementAndGeneralAmt
Fundraising$4,800FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$72,660TotalAmt
Program Services$65,430ProgramServicesAmt
Management And General$5ManagementAndGeneralAmt
Fundraising$7,225FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$6,933TotalAmt
Program Services$6,933ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,526TotalAmt
Management And General$3,526ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$21,642TotalAmt
Program Services$2,811ProgramServicesAmt
Management And General$13,997ManagementAndGeneralAmt
Fundraising$4,834FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MEALS AND ENTERTAINMENT$16,495$13,367$121$3,007
LICENSE AND REGISTRATIO$10,615$10,615
COUPON PROJECT REIMBURS$1,315$1,315

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,508,701TotalAmt
Program Services$626,431ProgramServicesAmt
Management And General$249,021ManagementAndGeneralAmt
Fundraising$633,249FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,749,964BOYAmt
EOY$2,634,925EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$883,303BOYAmt
EOY$592,003EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,740BOYAmt
EOY$26,447EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$31,616LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$24,034LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,833BOYAmt
EOY$7,582EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$196,315EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,205BOYAmt
EOY$23EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,643,045BOYAmt
EOY$3,457,295EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$74,949BOYAmt
EOY$98,715EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$610,622BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$41,665BOYAmt
EOY$11,690EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$288BOYAmt
EOY$7,574EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$727,524BOYAmt
EOY$117,979EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,007,863BOYAmt
EOY$2,747,313EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$907,658BOYAmt
EOY$592,003EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,915,521BOYAmt
EOY$3,339,316EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,643,045BOYAmt
EOY$3,457,295EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$425,423ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,628NetUnrlzdGainsLossesInvstAmt
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$2,220,324CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,057,633CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,874,906CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,168,066CurrentTaxYearMinus1YearAmt
Current Tax Year$2,154,714CurrentTaxYearAmt
Total$11,475,643TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,220,324CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,057,633CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,874,906CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,168,066CurrentTaxYearMinus1YearAmt
Current Tax Year$2,154,714CurrentTaxYearAmt
Total$11,475,643TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,099,006SubstantialContributorsTotAmt
Public Support Total170$10,376,637PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$750CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$693CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$208CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$215CurrentTaxYearMinus1YearAmt
Current Tax Year$649CurrentTaxYearAmt
Total$2,515TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$22,134CurrentTaxYearMinus2YearsAmt
Total$22,134TotalAmt
FieldValueIRS element (for citing)
Total Support$11,500,292TotalSupportAmt
Gross Receipts Rltd Activities$2,602GrossReceiptsRltdActivitiesAmt
Public Support CY1700.90230PublicSupportCY170Pct
Public Support PY1700.87660PublicSupportPY170Pct
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$31,616OtherCostOrOtherBasisAmt
Depreciation$24,034DepreciationAmt
Book Value$7,582BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,582TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescDONATED STOCKDesc
Book Value$196,315BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$196,315TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO AFFILIATESDesc
Amt$7,574Amt
FieldValueIRS element (for citing)
Total Liability$7,574TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,235,464TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$1,628NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$81,729DonatedServicesAndUseFcltsAmt
Other Revenue$221,239OtherRevenueAmt
Revenue Not Reported$301,340RevenueNotReportedAmt
Revenue Subtotal$1,934,124RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,934,124TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,811,669TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$81,729DonatedServicesUseFcltsAmt
Other Expenses Included$221,239OtherExpensesIncludedAmt
Expenses Not Reported$302,968ExpensesNotReportedAmt
Expenses Subtotal$1,508,701ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,508,701TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:ABC2 RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BEING SUSTAINED. ABC2 DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THERE WERE NO TAX LIABILITIES RECORDED FOR THE YEAR ENDED DECEMBER 31, 2014. ABC2'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS FROM THE DATE THEY WERE FILED, EXCEPT UNDER CERTAIN CIRCUMSTANCES. ABC2'S FORM 990 TAX RETURNS FOR THE YEARS 2011 THROUGH 2013 ARE OPEN FOR A TAX EXAMINATION BY THE INTERNAL REVENUE SERVICE, ALTHOUGH NO REQUEST HAS BEEN MADE AS OF THE DATE OF THESE FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:DIRECT FUNDRAISING EXPENSES 221,239.
PART XII, LINE 2D - OTHER ADJUSTMENTS:DIRECT FUNDRAISING EXPENSES 221,239.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1RACE FOR HOPE FUNDRAISING EVENT-DCEvent1Nm
Gross Receipts Event1$1,074,279GrossReceiptsEvent1Amt
Charitable Contri Event1$955,601CharitableContriEvent1Amt
Gross Revenue Event1$118,678GrossRevenueEvent1Amt
Other Direct Expenses Event1$118,678OtherDirectExpensesEvent1Amt
Event2CITY SPECIFIC WALKSEvent2Nm
Gross Receipts Event2$71,136GrossReceiptsEvent2Amt
Charitable Contri Event2$42,910CharitableContriEvent2Amt
Gross Revenue Event2$28,226GrossRevenueEvent2Amt
Other Direct Expenses Event2$28,226OtherDirectExpensesEvent2Amt
Other Events Total3OtherEventsTotalCnt
Gross Receipts Other Events$325,364GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$251,029CharitableContriOtherEventsAmt
Gross Revenue Other Events$74,335GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$74,335OthDirectExpnssOtherEventsAmt
Gross Receipts Total$1,470,779GrossReceiptsTotalAmt
Charitable Contributions Tot$1,249,540CharitableContributionsTotAmt
Gross Revenue Total Events$221,239GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$221,239OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$221,239DirectExpenseSummaryEventsAmt
Net Income Summary$0NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
UNIVERSITY OF FLORIDA FOUNDATION INC
PO BOX 14425GAINESVILLEFL32604590974739C(3)$130,000PLATFORM TECHNOLOGY WITH A FOCUS ON ADOPTIVE CELLULAR THERAPY COUPLED WITH TUMOR RNA PULSED DEDENTRIC CELL VACCINES.
NATIONAL BRAIN TUMOR SOCIETY INC
55 CHAPEL STREET SUITE 200NEWTONMA02458043068130C(3)$85,000TO SUPPORT THE "JUMPSTARTING BRAIN TUMOR DRUG DEVELOPMENT COALITION'S BRAIN TUMOR ENDPOINTS WORKSHOP 2" AND THE PLANNED SUPPLEMENT FOR THE JOURNAL NEURO-ONCOLOGY.
SYAPSE INC
101 UNIVERSITY AVENUE SUITE 230PALO ALTOCA94301263457459$75,000TO GATHER BIOBANK INFORMATION FROM A WIDELY DIVERSE PATIENT POPULATION BY GIVING 1,000 BRAIN CANCER PATIENTS FREE GENETIC SEQUENCING OF THEIR BRAIN TUMORS.
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org3TotalOtherOrgCnt

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)
Written Employment ContractYes (X)WrittenEmploymentContractInd
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
CHIEF EXECUTIVE OFFICER$251,174$0$0$0$0$0$0$0$11,918$0$263,092$0$0$0
DAVID SANDAK
VP, SECRETARY/TREASURER$144,283$0$0$0$0$0$5,900$0$17,648$0$167,831$0$0$0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$197,943NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 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 11MAX 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 15ATHE 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 MARCH 6, 2012, AND UTILIZED AN INDEPENDENT COMPENSATION CONSULTANT, COPIES OF SIMILAR SIZE ORGANIZATIONS' FORMS 990 AND A COMPENSATION STUDY. 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 XII, LINE 2CTHIS PROCESS HAS NOT CHANGED SINCE THE PREVIOUS YEAR.