Americans For Cures Foundation
- Assets
- $77.5k
- Revenue
- $361.3k
- Investments
- $66.2k
- Employees
- 4
- Location
- Palo Alto, CA
- Founding
- 11/2005
- Data as of
- 12/2022
- EIN
- 20-1824931
Organization Overview
Americans For Cures Foundation is located in Palo Alto, CA. The organization was established in 2005. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 12/2022, Americans For Cures Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Americans For Cures Foundation 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 12/2022, Americans For Cures Foundation generated $361.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $389.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ADVOCACY DEDICATED TO PROMOTING LIFE-SAVING STEM CELL RESEARCH AND SUPPORT IMPLEMENTATION AND AWARENESS OF THE CALIFORNIA STEM CELL PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED ADVOCACY DEDICATED TO PROMOTING LIFE-SAVING STEM CELL RESEARCH AND THERAPY DEVELOPMENT. STAFF MADE AVAILABLE TECHNICALLY CORRECT SCIENTIFIC AND POLICY-RELATED INFORMATION AND MATERIALS TO THE PUBLIC, AND ELECTED AND APPOINTED INDIVIDUALS AND THEIR STAFFS VIA OUR WEBSITE AND OUTREACH. MATERIALS INCLUDED INFORMATION ABOUT KEY STEM CELL AND THERAPY DEVELOPMENTS, AS WELL AS THE POTENTIAL IMPLICATIONS OF "PERSONHOOD" LEGISLATION FOR IN-VITRO FERTILIZATION (IVF), STEM CELL RESEARCH, AND OTHER AREAS. STAFF TRAINED PATIENT ADVOCATES FOR PUBLIC-FACING AND MEDIA MESSAGING ON STEM CELL RESEARCH, CLINICAL TRIALS AND KEY POLICY ISSUES FOR ONGOING ADVOCACY WORK. CONTINUED TO HELP COMMUNICATING TO THE CALIFORNIA PUBLIC ABOUT THE SUCCESSES OF CIRM AND ITS GRANTEES AROUND CALIFORNIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Reed Secretary/treasurer | OfficerTrustee | 40 | $0 |
Robert N Klein II Chairman Of Board | Trustee | 2 | $0 |
Bernard Siegel Board Member | Trustee | 0.25 | $0 |
Steven Swig Board Member | OfficerTrustee | 0.1 | $0 |
Mary Swig Board Member | OfficerTrustee | 0.1 | $0 |
Melissa King Executive Director | Trustee | 16.22 | $68,130 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Messina Group Online Ditigal & Social Media Outreach | 12/30/17 | $206,272 |
501 Strategies Llc Professional Services | 12/30/17 | $205,832 |
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 | $148,927 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $148,927 |
| Total Program Service Revenue | $0 |
| Investment income | $1,300 |
| 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 | $361,265 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $35,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,121 |
| Compensation of current officers, directors, key employees. | $84,121 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,873 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,258 |
| Payroll taxes | $8,733 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,203 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,200 |
| Advertising and promotion | $60,214 |
| Office expenses | $12,036 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,572 |
| 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 | $6,355 |
| All other expenses | $4,938 |
| Total functional expenses | $388,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,554 |
| 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 | $5,741 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $66,161 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $77,456 |
| Accounts payable and accrued expenses | $37,527 |
| 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 | $37,527 |
| Net assets without donor restrictions | $0 |
| 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 | $39,929 |
| Total liabilities and net assets/fund balances | $77,456 |