Chronic Disease Fund Inc
- Assets
- $221.5m
- Revenue
- $457.7m
- Investments
- $0.0
- Employees
- 75
- Location
- Frisco, TX
- Founding
- 06/2005
- Data as of
- 12/2023
- EIN
- 61-1462062
Organization Overview
Chronic Disease Fund Inc, operating under the name Good Days, is located in Frisco, TX. The organization was established in 2005. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 12/2023, Good Days employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Days 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, Good Days generated $457.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 25.5% each year . All expenses for the organization totaled $413.3m during the year ending 12/2023. While expenses have increased by 12.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S GOAL IS TO IMPROVE THE HEALTH AND QUALITY OF LIFE OF QUALIFYING INDIVIDUALS WHO ARE DIAGNOSED WITH A CHRONIC OR LIFE ALTERING DISEASE BY PROVIDING CO-PAY, PREMIUM, AND/OR TRAVEL ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING ASSISTANCE TO UNDER-INSURED INDIVIDUALS WITH CHRONIC DISEASES, CANCER, OR OTHER LIFE-ALTERING CONDITIONS TO HELP THEM OBTAIN THE FDA-APPROVED TREATMENT THEY NEED. WE ASSIST INDIVIDUALS THROUGHOUT THE UNITED STATES AND TERRITORIES WHO MEET INCOME QUALIFICATION GUIDELINES AND HAVE PRIVATE INSURANCE OR A GOVERNMENT-SPONSORED INSURANCE PLAN, BUT CANNOT AFFORD THE CO-PAYMENTS FOR THEIR FDA-APPROVED THERAPIES. WHENEVER ADMINISTRATIVELY FEASIBLE (AND IN MOST CASES), WE PAY THE INDIVIDUALS OUT-OF-POCKET COSTS FOR THEIR FDA-APPROVED TREATMENT DIRECTLY TO THE APPLICABLE PHARMACIES OR PROVIDERS. THE ORGANIZATION PROVIDED FINANCIAL ASSISTANCE TO 354,579 INDIVIDUALS AND SERVICES TO 360,572 INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tricia Freels Secretary, VP Hr & Complia | OfficerTrustee | 40 | $245,201 |
Hon Glen Ashworth Chairman | Trustee | 0.25 | $18,500 |
Gary Barton Financial Chair | Trustee | 0.25 | $18,500 |
David Levine Trustee | Trustee | 0.25 | $17,000 |
Seth Kamber Trustee | Trustee | 0.25 | $14,500 |
Nhat Nguyen Trustee | Trustee | 0.25 | $17,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Miles & Stockbridge Pc Legal Counsel | 12/30/23 | $1,778,967 |
Axyon Consulting Llc Information Technology | 12/30/23 | $981,583 |
Terralink Technologies Usa Llc Software Development | 12/30/23 | $620,352 |
Grafik Marketing Communications Ltd Software Development | 12/30/23 | $550,451 |
Rise Public Strategies Llc Media Relations | 12/30/23 | $532,870 |
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 | $448,514,130 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $448,514,130 |
| Total Program Service Revenue | $3,335,063 |
| Investment income | $4,966,813 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $570,985 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $328,297 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $457,715,288 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,502 |
| Grants and other assistance to domestic individuals. | $399,872,030 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,438,764 |
| Compensation of current officers, directors, key employees. | $833,287 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,165,350 |
| Pension plan accruals and contributions | $81,881 |
| Other employee benefits | $854,315 |
| Payroll taxes | $327,753 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,032,739 |
| Fees for services: Accounting | $56,710 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $98,680 |
| Fees for services: Other | $932,091 |
| Advertising and promotion | $23,769 |
| Office expenses | $53,443 |
| Information technology | $1,143,879 |
| Royalties | $0 |
| Occupancy | $493,250 |
| Travel | $234,259 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $921,207 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $129,696 |
| Insurance | $206,425 |
| All other expenses | $0 |
| Total functional expenses | $413,262,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,822 |
| Savings and temporary cash investments | $65,561,890 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,471,147 |
| 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 | $585,860 |
| Net Land, buildings, and equipment | $2,708,289 |
| Investments—publicly traded securities | $137,105,474 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,797,122 |
| Total assets | $221,495,604 |
| Accounts payable and accrued expenses | $17,073,330 |
| Grants payable | $0 |
| Deferred revenue | $105,300 |
| 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 | $2,004,633 |
| Total liabilities | $19,183,263 |
| Net assets without donor restrictions | $84,089,900 |
| Net assets with donor restrictions | $118,222,441 |
| 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 | $221,495,604 |