Band Against Ms Inc
- Assets
- $149.5k
- Revenue
- $10.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 12/2007
- Data as of
- 12/2020
- EIN
- 26-0481463
Organization Overview
Band Against Ms Inc is located in Nashville, TN. The organization was established in 2007. According to its NTEE Classification (G50) the organization is classified as: Nerve, Muscle & Bone Diseases, 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. Band Against MS 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 12/2020, Band Against MS Inc generated $10.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (48.3%) each year. All expenses for the organization totaled $35.6k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
COMMITTED TO PROVIDING EDUCATIONAL INFORMATION FOR THOSE LIVING WITH MULTIPLE SCLEROSIS, FUNDING PROGRAMS RESEARCHING A CURE FOR MULTIPLE SCLEROSIS, AND FUNDING PROGRAMS HELPING THOSE LIVING WITH THE DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONEY IS RAISED AND DONATED TO ORGANIZATIONS THAT RESEARCH MULTIPLE SCLEROSIS. ADDITIONALLY, AWARENESS OF MULTIPLE SCLEROSIS IS MADE THROUGH EVENTS SUCH AS ANNUAL GOLF TOURNAMENTS AND BIKE RIDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clay Walker President | OfficerTrustee | 3 | $0 |
Greg Hoagland DVM Director | Trustee | 0.5 | $0 |
Michael Miller Director | Trustee | 0.5 | $0 |
Paul Somerville Director | Trustee | 0.5 | $0 |
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 | $10,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,400 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,400 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $981 |
| 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 | $1,358 |
| Advertising and promotion | $0 |
| Office expenses | $4,626 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,640 |
| Travel | $15,373 |
| 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 | $2,708 |
| Insurance | $2,686 |
| All other expenses | $180 |
| Total functional expenses | $35,648 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,509 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,859 |
| 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 | $3,154 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $115,000 |
| Total assets | $149,522 |
| Accounts payable and accrued expenses | $65,115 |
| 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 | $139,061 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $204,176 |
| Net assets without donor restrictions | -$54,654 |
| 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 | $149,522 |
Grants Awarded
Over the last fiscal year, Band Against Ms Inc has awarded $28,890 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TEXAS HEALTH SCIENCE PURPOSE: RESEARCH | $18,890 |
Nashville, TN PURPOSE: RESEARCH | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Band Against Ms Inc has recieved totaling $25,302.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $302 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Multiple Sclerosis Center Of Georgia Inc Atlanta, GA | $14,597,977 | $12,400,152 |
National Osteoporosis Foundation Arlington, VA | $8,108,231 | $4,451,574 |
Amyotrophic Lateral Sclerosis Association Raleigh, NC | $3,676,425 | $2,631,845 |
Amyotrophic Lateral Sclerosis Association Saint Louis, MO | $5,164,940 | $2,624,591 |
American Cleft Palate-Craniofacial Association Chapel Hill, NC | $4,385,249 | $2,071,636 |
Amyotrophic Lateral Sclerosis Association Brentwood, TN | $1,027,246 | $1,172,897 |
Amyotrophic Lateral Sclerosis Association Birmingham, AL | $312,683 | $815,281 |
National Commission On Orthotic And Prosthetic Education Inc Alexandria, VA | $3,165,139 | $1,303,800 |
Virginia Gentlemens Foundation Inc Virginia Beach, VA | $9,341,896 | $926,664 |
Options Inc Morganton, NC | $578,906 | $634,206 |
Next Step Atlanta Inc Alpharetta, GA | $246,220 | $603,149 |
Reston Town Center Joint Committee Manassas, VA | $1,676,760 | $735,316 |