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Nonprofiteer
← CURE LBSL

Form 990 for tax year 2023

Filed by CURE LBSL.

Totals

Total revenue
$1,852,552
Total expenses
$1,661,665
Contributions and grants received
$1,850,787
Grants paid
$1,502,459
Program service revenue
$0
Investment income
$1,765
Other revenue
$0
Total assets, end of year
$739,400
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$739,400
Program services expenses (Part IX)
$1,660,343
Management and general expenses
$1,322
Fundraising expenses
$0
Program service expenses (Part III)
$1,660,343

Program services were 99.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,850,787

  • 3 · Investment income

    total $1,765 · excluded $1,765

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,502,459 · program services $1,502,459

  • 7 · Other salaries and wages

    total $61,279 · program services $61,279

  • 10 · Payroll taxes

    total $22,852 · program services $22,852

  • 11b · Fees: legal

    total $2,626 · program services $2,626

  • 11c · Fees: accounting

    total $1,790 · program services $1,790

  • 11g · Fees: other

    total $16,787 · program services $16,787

  • 13 · Office expenses

    total $10,114 · program services $9,498 · management and general $616

  • 14 · Information technology

    total $4,436 · program services $4,436

  • 17 · Travel

    total $4,726 · program services $4,726

  • 19 · Conferences, conventions and meetings

    total $2,512 · program services $2,512

  • 24a · Other expenses: Program Supplies

    total $10,032 · program services $10,032

  • 24b · Other expenses: Development

    total $1,062 · program services $356 · management and general $706

  • 24c · Other expenses: Research Supplies

    total $20,990 · program services $20,990

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $531,701 · end of year $734,935

  • 2 · Savings and temporary cash investments

    beginning of year $3,428 · end of year $3,433

  • 4 · Accounts receivable

    end of year $1,032

  • 27 · Net assets without donor restrictions

    beginning of year $535,129 · end of year $739,400

Mission and programs · 2023

Mission

Provide funding to rare disease research & support affected families

  • We provided $1,502,000 to a research program at the Kennedy Krieger Institute in Baltimore, Maryland. The research seeks to create a treatment for the rare disease, Leukodystrophy - LBSL. This years research continued building cells with disease attributes, building animal models, testing therapeutics, and expanded a natural history study with a sample of known patients.

    Expenses $1,660,343 · Grants $1,502,459

As filed on the 2023 return.

Listed in Part VII

  • Morgan Stern

    Director

    Total calculated
    $0
    Hours/week
    1

  • Lance Stern

    Director

    Total calculated
    $0
    Hours/week
    1

  • Megan Mitchell

    Director

    Total calculated
    $0
    Hours/week
    1

  • Chris Gulugian

    Director

    Total calculated
    $0
    Hours/week
    1

  • Edward Blakely

    Director

    Total calculated
    $0
    Hours/week
    1

  • Michael McGinn until 724

    Director

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth A McGinn

    Director

    Total calculated
    $0
    Hours/week
    15

  • Elizabeth Gulugian

    Board Chair

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
18 October 2024
IRS schema version
2023v5.1
Source object
202422979349301662

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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