Skip to content
Nonprofiteer
← ACCELERATED CURE PROJECT INC

Form 990 for tax year 2024

Filed by ACCELERATED CURE PROJECT INC.

Totals

Total revenue
$2,852,560
Total expenses
$2,460,028
Contributions and grants received
$2,238,138
Grants paid
$0
Program service revenue
$506,792
Investment income
$87,584
Other revenue
$20,046
Total assets, end of year
$3,471,612
Total liabilities, end of year
$286,632
Net assets or fund balances, end of year
$3,184,980
Program services expenses (Part IX)
$2,243,368
Management and general expenses
$147,620
Fundraising expenses
$69,040
Program service expenses (Part III)
$2,243,368

Program services were 91.2% 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.

  • 1e · Government grants (contributions)

    $730,087

  • 1f · All other contributions, gifts and grants

    $1,508,051

  • 1g · Noncash contributions included above

    $19,197

  • 2a · Program service revenue: PROGRAM FEES

    total $506,792 · related or exempt $506,792

  • 3 · Investment income

    total $87,038 · excluded $87,038

  • 7a · Gross sales of assets other than inventory

    securities $24,734

  • 7b · Less cost or other basis and sales expenses

    securities $24,188

  • 7c · Gain or loss

    securities $546

  • 7d · Net gain or loss

    total $546 · excluded $546

  • 8a · Fundraising events: gross income

    $28,164

  • 8b · Fundraising events: direct expenses

    $8,118

  • 8c · Net income from fundraising events

    total $20,046 · excluded $20,046

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $444,857 · program services $430,618 · management and general $3,560 · fundraising $10,679

  • 7 · Other salaries and wages

    total $537,625 · program services $525,891 · management and general $208 · fundraising $11,526

  • 8 · Pension plan contributions

    total $19,997 · program services $19,482 · management and general $71 · fundraising $444

  • 9 · Other employee benefits

    total $83,559 · program services $77,213 · management and general $1,836 · fundraising $4,510

  • 10 · Payroll taxes

    total $78,016 · program services $76,017 · management and general $352 · fundraising $1,647

  • 11c · Fees: accounting

    total $72,887 · management and general $72,887

  • 11g · Fees: other

    total $127,130 · program services $94,713 · management and general $31,589 · fundraising $828

  • 13 · Office expenses

    total $21,688 · program services $6,443 · management and general $12,098 · fundraising $3,147

  • 16 · Occupancy

    total $14,724 · program services $12,700 · management and general $1,831 · fundraising $193

  • 17 · Travel

    total $26,031 · program services $25,895 · management and general $128 · fundraising $8

  • 22 · Depreciation, depletion and amortization

    total $50,764 · program services $34,947 · management and general $15,817

  • 24a · Other expenses: SCIENTIFIC PROGRAM CONS

    total $540,057 · program services $540,057

  • 24b · Other expenses: RESEARCH AND DATA COLLE

    total $331,461 · program services $331,461

  • 24c · Other expenses: OTHER PROGRAM EXPENSES

    total $111,232 · program services $67,931 · management and general $7,243 · fundraising $36,058

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $297,154 · end of year $110,944

  • 2 · Savings and temporary cash investments

    beginning of year $2,103,123 · end of year $1,710,348

  • 3 · Pledges and grants receivable

    beginning of year $537,682 · end of year $1,185,031

  • 4 · Accounts receivable

    beginning of year $155,467 · end of year $297,248

  • 9 · Prepaid expenses and deferred charges

    beginning of year $18,162 · end of year $39,331

  • 10a · Land, buildings and equipment: cost or other basis

    $248,725

  • 10b · Land, buildings and equipment: accumulated depreciation

    $120,015

  • 10c · Land, buildings and equipment, net

    beginning of year $150,900 · end of year $128,710

  • 12 · Investments: other securities

    beginning of year $4,937 · end of year $0

  • 15 · Other assets

    beginning of year $2,507 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $523,163 · end of year $286,632

  • 27 · Net assets without donor restrictions

    beginning of year $2,102,672 · end of year $2,336,461

  • 28 · Net assets with donor restrictions

    beginning of year $644,097 · end of year $848,519

Mission and programs · 2024

Mission

THE ORGANIZATION'S MISSION IS TO ACCELERATE RESEARCH EFFORTS TO IMPROVE DIAGNOSIS, TO OPTIMIZE TREATMENT, AND TO CURE MULTIPLE SCLEROSIS.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $2,003,638

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $60,339

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $179,391

As filed on the 2024 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • LINDA KANNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MELANIE DRAYTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL MIDDLEBROOK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KRISTY DOSREIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • PAMELA SAUSSY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LISA BUETTNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • AAKRUTI GORDE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • PATRICK CURLEY

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • ROBERT MCBURNEY

    CHIEF RESEARCH OFFICER

    Total calculated
    $97,123
    From this org
    $97,123
    From related orgs
    $0
    Other
    $0
    Hours/week
    50
  • HOLLIE SCHMIDT

    VP OF SCIENTIC OPS.

    Total calculated
    $169,750
    From this org
    $145,758
    From related orgs
    $0
    Other
    $23,992
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $145,758
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $23,992
    Filer's total
    $169,750
  • SARA LOUD

    CEO/PRESIDENT

    Total calculated
    $177,984
    From this org
    $177,984
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $177,984
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $177,984

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
10 November 2025
IRS schema version
2024v5.2
Source object
202543169349302409

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

The source document this was parsed from is served over the API, which is where bulk and document access live.