Imagine An Answer To Kids Brain Cancer Foundation
- Assets
- $464.7k
- Revenue
- $368.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Annapolis, MD
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 81-4121847
Organization Overview
Imagine An Answer To Kids Brain Cancer Foundation is located in Annapolis, MD. The organization was established in 2017. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, 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. Imagine An Answer To Kids Brain Cancer Foundation 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, Imagine An Answer To Kids Brain Cancer Foundation generated $368.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.5% each year . All expenses for the organization totaled $300.0k 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
IMAGINE AN ANSWER INTENDS TO BE PART OF THE ANSWER TO CURING PILOCYTIC LOW-GRADE ASTROCYTOMAS (PLGAS). OUR PURPOSE IS TO FOCUS ATTENTION ON PLGAS, WHILE IDENTIFYING AND FUNDING PROMISING RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMAGINE AN ANSWER AWARDED JOHNS HOPKINS UNIVERSITY $250,000 TO FURTHER ITS RESEARCH INTO FIGHTING AND FINDING A CURE OR TREATMENT FOR SPILOCYTIC LOW-GRADE ASTROCYTOMAS (PLGAS).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Derderian President | OfficerTrustee | 5 | $0 |
Erin Strong Director | Trustee | 0 | $0 |
Elise Aronson Director | Trustee | 0 | $0 |
Brian Duggan Director | Trustee | 0 | $0 |
Amit Sachev Director | Trustee | 0 | $0 |
Lloyd Everson MD Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $78,375 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $290,227 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $368,602 |
| Total Program Service Revenue | $0 |
| Investment income | $245 |
| 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 | $368,847 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250,000 |
| 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 | $1,073 |
| Fees for services: Accounting | $1,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,135 |
| Advertising and promotion | $9,661 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $681 |
| All other expenses | $807 |
| Total functional expenses | $299,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $383,670 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $48,366 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,676 |
| Total assets | $464,712 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $464,712 |
| 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 | $464,712 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Imagine An Answer To Kids Brain Cancer Foundation has recieved totaling $95,747.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $89,747 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Go2 Foundation For Lung Cancer Washington, DC | $13,060,828 | $13,937,912 |
Service Coordination Unlimited Inc Pittsburgh, PA | $4,474,883 | $7,015,271 |
Townebank Foundation Suffolk, VA | $12,218,911 | $5,948,178 |
Eagles Autism Challenge Inc Philadelphia, PA | $4,671,801 | $3,218,137 |
The Abim Foundation Philadelphia, PA | $92,491,227 | $11,488,048 |
Bringing Hope Home Inc Malvern, PA | $706,369 | $2,303,858 |
Investigative Research Center Inc Arlington, VA | $96,743 | $0 |
Southern Chester County Emergency Medical Services Inc Avondale, PA | $1,825,972 | $1,565,526 |
Mesothelioma Applied Research Foundation Inc Washington, DC | $9,384,474 | $3,031,525 |
Cool Kids Campaign Foundation Inc Towson, MD | $935,182 | $1,348,951 |
Sharpe-Strumia Research Foundation Of The Bryn Mawr Hospital Bryn Mawr, PA | $25,307,489 | $1,417,708 |
Incyte Charitable Giving Foundation Wilmington, DE | $2,500 | $730,000 |