Driven To Cure Inc
- Assets
- $70.4k
- Revenue
- $267.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 81-1183301
Organization Overview
Driven To Cure Inc is located in Silver Spring, MD. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Driven To Cure 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 12/2021, Driven To Cure Inc generated $267.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $291.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDS FOR SUCH CHARITABLE PURPOSES AS RESEARCH TO FIND A CURE FOR RARE KIDNEY CANCER DISEASES AND ASSISTANCE TO CHILDREN AND YOUNG ADULTS WITH CANCER AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FUNDS FOR THE RESEARCH TO FIND A CURE FOR RARE KIDNEY CANCER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce H Lee President & CEO | OfficerTrustee | 6 | $0 |
Patrick F Greaney Director & Secretary | OfficerTrustee | 0 | $0 |
Tommy F Lee Vice President | OfficerTrustee | 1 | $0 |
Sarah F Lee Treasurer | OfficerTrustee | 0 | $0 |
James P Martinko Director | Trustee | 0 | $0 |
Ronald D Paul Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,525 |
| Related organizations | $0 |
| Government grants | $2,322 |
| All other contributions, gifts, grants, and similar amounts not included above | $255,867 |
| Noncash contributions included in lines 1a–1f | $12,390 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $267,714 |
| 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 | $267,714 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $212,695 |
| 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 | $3,680 |
| 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 | $0 |
| Advertising and promotion | $34,765 |
| Office expenses | $7,071 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,846 |
| 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 | $14,348 |
| Insurance | $7,722 |
| All other expenses | $0 |
| Total functional expenses | $291,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,773 |
| Savings and temporary cash investments | $1,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $43,660 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $70,433 |
| Accounts payable and accrued expenses | $0 |
| 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 | $6,082 |
| Total liabilities | $6,082 |
| 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 | $64,351 |
| Total liabilities and net assets/fund balances | $70,433 |
Grants Awarded
Over the last fiscal year, Driven To Cure Inc has awarded $212,695 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
North Bethesda, MD PURPOSE: TO SUPPORT THE RESEARCH TO TREAT MULTIPLE FORMS OF KIDNEY CANCER. | $112,360 |
Los Angeles, CA PURPOSE: TO SUPPORT THE RESEARCH TO TREAT MULTIPLE FORMS OF KIDNEY CANCER. | $100,335 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Driven To Cure Inc has recieved totaling $4,500.
| Awarding Organization | Amount |
|---|---|
Ross Foundation Lynchburg, VA PURPOSE: UNRESTRICTED | $2,500 |
Hansan Family Foundation Inc Bethesda, MD PURPOSE: GENERAL FUND | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Democracy Fund Inc Washington, DC | $93,636,268 | $59,747,292 |
Interchurch Medical Assistance Inc Washington, DC | $35,417,903 | $56,104,166 |
Mag America Inc Washington, DC | $11,970,594 | $53,429,692 |
Friends Of The World Food Program Inc Washington, DC | $25,343,754 | $59,828,688 |
Catholic Charities Of The Archdiocese Of Washington Inc Washington, DC | $69,271,644 | $52,757,033 |
Elrc4kids Inc Greensburg, PA | $6,335,708 | $42,009,228 |
City First Enterprises Inc Washington, DC | $50,642,589 | $41,161,285 |
United Planning Organization Washington, DC | $21,957,692 | $39,543,643 |
Navy Marine Coast Guard Residence Foundation Mclean, VA | $169,576,374 | $36,329,894 |
Jewish Social Service Agency Rockville, MD | $78,004,250 | $40,027,018 |
American Action Network Inc Washington, DC | $3,726,560 | $29,638,224 |
St Josephs Center Scranton, PA | $79,717,381 | $36,701,905 |