Curing Kids Cancer Inc
- Assets
- $809.4k
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 10
- Location
- Irving, TX
- Founding
- 11/2005
- Data as of
- 12/2023
- EIN
- 20-3388093
Organization Overview
Curing Kids Cancer Inc is located in Irving, TX. The organization was established in 2005. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Curing Kids Cancer Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Curing Kids Cancer Inc 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 12/2023, Curing Kids Cancer Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. While expenses have increased by 7.7% per year over the past 9 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.
Since 2014, Curing Kids Cancer Inc has awarded 176 individual grants totaling $17,167,595. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS FORMED IN 2005 AND IS DEDICATED TO CHANGING THE WORLD OF CHILDHOOD CANCER BY BRINGING AWARENESS TO CHILDHOOD CANCER AND BY FUNDING THE DEVELOPMENT OF TREATMENTS, PRIMARILY IN THE UNITED STATES, THAT ARE MORE EFFECTIVE AND LESS TOXIC THAN TRADITIONAL CHILDHOOD CANCER THERAPIES. THE ORGANIZATION ENVISIONS A WORLD WHERE CHILDREN DO NOT DIE OF CANCER AND DO NOT SUFFER FROM DANGEROUS SIDE EFFECTS OF THEIR TREATMENTS. THE ORGANIZATION'S FUNDING IS PRIMARILY THROUGH DIRECT DONOR CONTRIBUTIONS AND THROUGH FUNDRAISING EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS FOUNDED BY GRAINNE AND CLAY OWEN AFTER THEY LOST ONE OF THEIR TWINS TO LEUKEMIA WHEN HE WAS NINE YEARS OLD. SINCE THE ORGANIZATION WAS FOUNDED IN 2005, THE CHARITY HAS RAISED OVER 28 MILLION DOLLARS. LAST YEAR ALONE, THE ORGANIZATION WAS ABLE TO FUND 16 DIFFERENT PROJECTS IN THE US AND CANADA TOTALING 2.5 MILLION. THE ORGANIZATION IS DIFFERENT FROM OTHER CHARITIES BECAUSE THE FOCUS IS PURELY ON FUNDING UNIQUE CUTTING-EDGE PROJECTS, WHICH HAVE LED TO LIFE SAVING TREATMENTS. THEIR FUNDING IS STRATEGICALLY PLANNED TO COVER CERTAIN AREAS OF RAPID DEVELOPING RESEARCH, WHICH ENABLES THEM TO HELP THE DOCTORS TO PROVIDE MORE EFFECTIVE TREATMENTS MORE RAPIDLY. MAKING EFFECTIVE, LESS TOXIC TREATMENTS AVAILABLE WHEN NEEDED ARE CRUCIAL FACTORS WHEN TREATING CHILDREN CANCER. THE ORGANIZATION HAS BEEN GIVEN THE OPPORTUNITY TO FUND THE WORK OF DR. STEPHAN GRUPP ON CAR T CELL THERAPY. IT IS CONSIDERED THAT THIS TREATMENT COULD BE THE BASIS FOR THE FUTURE OF ALL CANCER TREATMENT. THE DOCTORS TAKE THE CHILD'S OWN T CELLS (WHICH FIGHT NORMAL INFECTIONS LIKE COLDS ETC.) AND GENETICALLY RE-ENGINEER THEM SO THAT THEY RECOGNIZE THE PROTEINS THAT ARE ONLY ON THE OUTSIDE OF LEUKEMIA CELLS BUT NOT ON NORMAL CELLS. THEY PUT THE RE-ENGINEERED T CELLS BACK INTO THE CHILD SO THAT THE CHILD'S OWN IMMUNE SYSTEM THEN FIGHTS THEIR CANCER WITHOUT NEEDING CHEMOTHERAPY OR RADIATION. IT HAS HAD AN UNHEARD OF 94% RESPONSE RATE IN THE CHILDREN TREATED SO FAR, MOST OF WHOM ARE ON HOSPICE CARE WHEN THEY RECEIVE THE TREATMENT. THIS TREATMENT ONLY COSTS ABOUT 25,000 PER CHILD TO RE- ENGINEER THE CHILDREN'S CELLS. CURING KIDS CANCER HAS BEEN ABLE TO SEE HOW THE MONEY THEY RAISE CAN ACTUALLY SAVE CHILDREN'S LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grainne M Owen President | OfficerTrustee | 40 | $115,000 |
Caleb Tucker Chairman | OfficerTrustee | 8 | $0 |
Stephanie H Ellenberg Secretary | OfficerTrustee | 5 | $0 |
Clayton Owen Director | Trustee | 10 | $0 |
Brian Mccue Director | Trustee | 5 | $0 |
Kevin Krueger Treasurer | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $938,238 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,130,681 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,068,919 |
| Total Program Service Revenue | $0 |
| Investment income | $33,973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$231,705 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,871,187 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,957,917 |
| 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. | $115,000 |
| Compensation of current officers, directors, key employees. | $26,450 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $327,524 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $147,334 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,021 |
| Advertising and promotion | $0 |
| Office expenses | $24,421 |
| Information technology | $5,967 |
| Royalties | $0 |
| Occupancy | $17,107 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,562 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,313 |
| Insurance | $4,151 |
| All other expenses | $3,975 |
| Total functional expenses | $2,878,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $651,532 |
| 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 | $18,230 |
| Net Land, buildings, and equipment | $11,866 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $127,771 |
| Total assets | $809,399 |
| Accounts payable and accrued expenses | $103,717 |
| 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 | $53,174 |
| Total liabilities | $156,891 |
| Net assets without donor restrictions | $652,508 |
| 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 | $809,399 |
Grants Awarded
Over the last fiscal year, Curing Kids Cancer Inc has awarded $1,957,905 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ALTUM PURPOSE: RESEARCH | $5,500 |
BAYLOR COLLEGE OF MEDICINE PURPOSE: RESEARCH | $50,000 |
CHILDREN'S HOSPITAL OF PHILADELPHIA PURPOSE: RESEARCH | $100,000 |
CHILDREN'S MEDICAL CENTER FOUNDATIO PURPOSE: RESEARCH | $650,000 |
CHILDREN'S HOSPITAL LOS ANGELES PURPOSE: RESEARCH | $10,000 |
CHILDREN'S MERCY HOLSPITAL PURPOSE: RESEARCH | $30,000 |