Cure Rtd Foundation
- Assets
- $975.1k
- Revenue
- $378.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Red Oak, TX
- Founding
- 04/2018
- Data as of
- 12/2022
- EIN
- 82-0864340
Organization Overview
Cure Rtd Foundation is located in Red Oak, TX. The organization was established in 2018. 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. Cure Rtd 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 12/2022, Cure Rtd Foundation generated $378.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $74.7k during the year ending 12/2022. 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
TO ENCOURAGE, GUIDE, AND FUND ADDITIONAL RESEARCH TO IMPROVE UNDERSTANDING, DIAGNOSIS, AND TREATMENT OF RIBOFLAVIN TRANSPORTER DEFICIENCY ("RTD").
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURE RTD IS PROUD TO HAVE PROVIDED $58,521 IN GRANT FUNDS FOR ADVANCEMENT OF THE UNDERSTANDING AND TREATMENT OF RTD, INCLUDING $57,871 FOR THE PROJECT TITLED "DISSECTING THE PATHOPHYSIOLOGICAL MECHANISMS OF NEURODEGENERATION IN RTD: DEVELOPMENT OF DIFFERENT APPROACHES TO RESCUE THE DISEASES RTD NEURAL PHENOTYPES BY CO-CULTURING MOTONEURONS AND ASTROCYTES DIFFERENTIATED FROM RTD PATIENTS AND BY GENE THERAPY ON RTD IPSC-DERIVED MOTONEURONS" SUBMITTED BY CLAUDIA COMPAGNUCCI FROM THE BAMBINO GES CHILDREN'S HOSPITAL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carly Gilbert VP / Treasurer | OfficerTrustee | 8 | $10,000 |
Chad Griffith President | OfficerTrustee | 8 | $0 |
Clayton Greene Secretary | OfficerTrustee | 3 | $0 |
Keith Massey Director | Trustee | 40 | $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 | $378,086 |
| Noncash contributions included in lines 1a–1f | $299 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $378,086 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $378 |
| 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 | $378,464 |
| 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 | $58,521 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $11,250 |
| Compensation of current officers, directors, key employees. | $7,425 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,048 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $1,984 |
| Advertising and promotion | $714 |
| Office expenses | $951 |
| Information technology | $218 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $74,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $974,230 |
| 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 | $895 |
| Prepaid expenses and deferred charges | $0 |
| 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 | $975,125 |
| 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 | $975,125 |
| 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 | $975,125 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Cure Rtd Foundation has recieved totaling $153,472.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $116,624 |
Harvey Mcnairy Foundation Inc Kinston, NC PURPOSE: CHARITABLE | $35,000 |
Lookout Foundation Inc Atlanta, GA PURPOSE: GENERAL FUND | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $348 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kelsey Research Foundation Houston, TX | $10,072,702 | $2,621,345 |
San Antonio Cancer Foundation San Antonio, TX | $28,212,911 | $2,248,713 |
Mission Clinical Services Hot Springs, AR | $679,407 | $1,180,610 |
Texas 4000 For Cancer Austin, TX | $778,162 | $1,006,921 |
Triumph Over Kid Cancer Foundation Corpus Christi, TX | $1,064,676 | $789,744 |
Careity Foundation Fort Worth, TX | $2,308,296 | $1,614,148 |
Birds For Sofia Inc Frisco, TX | $0 | $0 |
Burning Limb Foundation Frisco, TX | $234,079 | $770,072 |
Sadie Keller Foundation Argyle, TX | $96,097 | $613,495 |
Cheyanna Foundation For Children Austin, TX | $980,670 | $718,140 |
Knapp Medical Center Foundation Inc Weslaco, TX | $12,401,741 | $1,617,711 |
Golfers Against Cancer Inc Houston, TX | $82,477 | $408,112 |