Buoniconti Fund To Cure Paralysis Inc
- Assets
- $4.3m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Miami, FL
- Founding
- 03/1991
- Data as of
- 05/2022
- EIN
- 65-0244316
Organization Overview
Buoniconti Fund To Cure Paralysis Inc is located in Miami, FL. The organization was established in 1991. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 05/2022, Buoniconti Fund To Cure Paralysis Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buoniconti Fund To Cure Paralysis 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 05/2022, Buoniconti Fund To Cure Paralysis Inc generated $4.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $3.8m during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 7 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
THE MISSION OF THE ORGANIZATION IS TO RAISE MONEY FOR, AND AWARENESS OF, THE MIAMI PROJECT TO CURE PARALYSIS, A CENTER OF EXCELLENCE AT THE UNIVERSITY OF MIAMI IN MIAMI, FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION RAISES MONEY FOR THE MIAMI PROJECT TO CURE PARALYSIS, A RESEARCH CENTER DEVOTED TO THE TREATMENT OF AND RESEARCH FOR POTENTIAL CURE OF PARALYSIS INDUCED BY SPINAL CORD INJURIES.THE ORGANIZATION EDUCATES THE PUBLIC ABOUT THE AMAZING AND INCREDIBLY ENCOURAGING RESEARCH BEING CONDUCTED AT THE MIAMI PROJECT TO CURE PARALYSIS BY PERSONAL CONTACT, PRESENTATIONS TO COMMUNITY AND GOVERNMENTAL ORGANIZATIONS AS WELL AS MAKING AVAILABLE VIDEOS AND INFORMATION ABOUT THE RESEARCH ON OUR WEBSITE, SOCIAL MEDIA AND TRADITIONAL MEDIA OUTLETS.
THE DARRELL GWYNN QUALITY OF LIFE CHAPTER - WHEELCHAIR DONATION PROGRAM: THE GOAL OF THE PROGRAM IS TO IMPROVE THE HEALTH AND WELL-BEING OF INDIVIDUALS LIVING WITH PARALYSIS BY ENABLING THEM TO GAIN INCREASED INDEPENDENCE AND MOBILITY. THESE DONATIONS TYPICALLY HAPPEN 2-3 TIMES A YEAR AND ARE DONE IN CONJUNCTION WITH PUBLIC EVENTS TO INCREASE AWARENESS OF THOSE LIVING WITH PARALYSIS AND TO DEMONSTRATE THAT TECHNOLOGY CAN SIGNIFICANTLY CHANGE SOMEONE'S QUALITY OF LIFE AND LEVEL OF MOBILITY. QUALIFIED APPLICANTS ARE GIVEN CUSTOMIZED WHEELCHAIRS TO MEET THEIR SPECIFIC NEEDS. APPLICANTS MUST PROVIDE MEDICAL AND FINANCIAL NEED DOCUMENTATION. TWO WHEELCHAIRS WERE PROVIDED DURING THE CURRENT YEAR.WHEELCHAIR CHALLENGE PROGRAM: ABLE BODIED INDIVIDUALS ARE CHALLENGED TO SIT IN A WHEELCHAIR FOR A DAY TRYING TO DO EVERY DAY NORMAL ACTIVITIES AT THEIR HOME OR OFFICE AS PART OF AN AWARENESS PROGRAM TO DEMONSTRATE AND EDUCATE THE PUBLIC THAT PARALYSIS DOES NOT DISCRIMINATE. THE ORGANIZATION AND THE PARTICIPANTS TYPICALLY SHARE THEIR EXPERIENCES VIA SOCIAL AND TRADITIONAL MEDIA TO FURTHER EDUCATE THE GENERAL PUBLIC ON THE CHALLENGES OF LIVING WITH A SPINAL CORD INJURY.
THE ORGANIZATION PAID LOBBYISTS TO LOBBY THE STATE OF FLORIDA AND FEDERAL LEGISLATURES FOR APPROVAL OF FUNDING FOR SPINAL CORD INJURY RESEARCH IN AN EFFORT TO INCREASE FUNDS AVAILABLE FOR RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc A Buoniconti President | OfficerTrustee | 30 | $125,000 |
John Fox Director | Trustee | 17 | $50,000 |
Diana C Berning Assistant Sec.-Treasurer | Officer | 32 | $40,100 |
Richard S Aldrich Jr Secretary | OfficerTrustee | 5 | $0 |
Mark F Dalton Vice Chairman | OfficerTrustee | 5 | $0 |
Paul J Dimare Treasurer | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Suzanne M Sayfie Outreach And Donor Cultivation | 5/30/22 | $200,000 |
Ronald L Book Pa Lobbying | 5/30/22 | $132,037 |
Dgrc Enterprises Education And Fundraising Consultant | 5/30/22 | $225,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,289,994 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $89,399 |
| Noncash contributions included in lines 1a–1f | $21,417 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,379,393 |
| Total Program Service Revenue | $0 |
| Investment income | $716 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$241,792 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,138,317 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,700,000 |
| Grants and other assistance to domestic individuals. | $39,774 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $218,339 |
| Compensation of current officers, directors, key employees. | $71,894 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,195 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $366 |
| Fees for services: Accounting | $50,112 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $492,930 |
| Advertising and promotion | $181,880 |
| Office expenses | $21,913 |
| Information technology | $1,505 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $20,647 |
| All other expenses | $6,045 |
| Total functional expenses | $3,830,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,069,294 |
| Pledges and grants receivable | $3,102,444 |
| 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 | $84,623 |
| Prepaid expenses and deferred charges | $10,713 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,267,074 |
| Accounts payable and accrued expenses | $15,239 |
| Grants payable | $0 |
| Deferred revenue | $108,915 |
| 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 | $124,154 |
| Net assets without donor restrictions | $3,375,431 |
| Net assets with donor restrictions | $767,489 |
| 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 | $4,267,074 |
Grants Recieved
Over the last fiscal year, we have identified 34 grants that Buoniconti Fund To Cure Paralysis Inc has recieved totaling $865,245.
| Awarding Organization | Amount |
|---|---|
The Joseph R Coulter Iii Foundation Miami Springs, FL PURPOSE: NO SPECIFIC PURPOSE | $250,000 |
E M Lynn Foundation Boca Raton, FL PURPOSE: GENERAL | $205,000 |
The Mcj Amelior Foundation Morristown, NJ PURPOSE: FOR GENERAL OPERATING SUPPORT | $75,000 |
Ferraro Family Foundation Inc Miami, FL PURPOSE: GENERAL OPERATIONS | $50,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $50,000 |
James J Pallotta Charitable Trust Weston, MA PURPOSE: GENERAL PURPOSE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Medical Center Foundation Inc Gainesville, GA | $39,439,884 | $6,805,753 |
Archbold Foundation Inc Thomasville, GA | $120,664,372 | $4,326,190 |
Avow Foundation Inc Naples, FL | $44,104,234 | $9,594,342 |
A G Rhodes Health & Rehab Management Inc Atlanta, GA | $5,425,018 | $4,030,975 |
Dalton-Whitfield Additional Tr Dalton, GA | $59,216,928 | $4,019,283 |
Buoniconti Fund To Cure Paralysis Inc Miami, FL | $4,267,074 | $4,138,317 |
Community Hospice Of Northeast Florida Foundation For Caring Inc Jacksonville, FL | $23,319,207 | $6,212,516 |
Shelby County Community Health Foundation Columbiana, AL | $85,859,544 | $2,816,879 |
Health First Foundation Inc Rockledge, FL | $8,113,598 | $1,323,822 |
Miami Jewish Health Systems Foundation Inc Miami, FL | $29,686,697 | $5,412,594 |
Rhg Housing Foundation Inc Atlanta, GA | $58,363,106 | $4,791,914 |
The Eyesight Foundation Of Alabama Birmingham, AL | $47,808,269 | $7,613,281 |