ACCELERATE BRAIN CANCER CURE INC Charity Report

Tax-exempt status may be revoked

ACCELERATE BRAIN CANCER CURE INC

EIN 52-2320756 · Epilepsy (G54)

What they do

to ACCELERATE PROGRESS IN WHAT HAS BEEN AN UNDERSERVED FIELD of RESEARCH; THE ORGANIZATION AIMS to RAISE AWARENESS ABOUT BRAIN CANCER and HELP MOBILIZE CRITICAL SCIENTIFIC RESEARCH THROUGH RESEARCH GRANTS.

Before you give

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2019The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

246.36%of revenue went to mission work72.1% of expenses · Program services

56.52%of revenue went to fundraising16.5% of expenses

$341.65spent for every $100 of revenueSpending was higher than revenue this year.

38.77%of revenue went to management and office costs11.3% of expenses

120.9%of its money came from giftsOther money may come from services or investments.

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What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $2,819,388 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $552,877 for MAX WALLACE (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2019

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,166,711

Mission workProgram services$2,874,312246.36% of revenue72.1% of expenses

ManagementOffice and general costs$452,36938.77% of revenue11.3% of expenses

FundraisingAsking for donations$659,41856.52% of revenue16.5% of expenses

Total expenses$3,986,099341.65% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2019CurrentExpense mix: 72.1% mission · 11.3% management · 16.5% fundraisingTotal expenses: 341.65% of revenue

2018Expense mix: 42.3% mission · 21.5% management · 36.2% fundraisingTotal expenses: 82.71% of revenue

2017Expense mix: 49.0% mission · 15.2% management · 35.7% fundraisingTotal expenses: 119.77% of revenue

2016Expense mix: 56.6% mission · 16.0% management · 27.4% fundraisingTotal expenses: 113.32% of revenue

Money in and money out

Revenue$1,166,711

Expenses$3,986,099

Annual shortfall $2,819,388 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,874,312 · 72.1% of expenses

Management and office costs$452,369 · 11.3% of expenses

Fundraising$659,418 · 16.5% of expenses

See all reported dollar amounts

Revenue$1,166,711

Expenses$3,986,099

Income$1,431,474

Contributions$1,410,344

Mission work (program services)$2,874,312

Fundraising$659,418

Grants given$4,458,289

Average grant$153,734

Management and general$452,369

Executive compensation (total)$502,069

Accounting fees$58,300

People

Leadership and board

Tax year 2019

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MAX WALLACEPRESIDENT AND CEO · 40 hrs/week $552,877Base $536,539 · Other $16,338

DAVID SANDAKVP/SECRETARY/TREASURER · 40 hrs/week $331,612Base $318,748 · Other $12,864

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (10)

MAX WALLACEPRESIDENT AND CEO

DAVID SANDAKVP/SECRETARY/TREASURER

DAVID COLEMEMBER

DOUG HOLLADAYMEMBER

GARY WIMMERMEMBER

JEAN CASECO-FOUNDER

JONATHAN WEINBERGMEMBER

NANCY PFUNDMEMBER

STACEY CASECO-FOUNDER

STEVE CASECHAIRMAN & CO-FOUNDER

About this charity

Location: 1717 RHODE ISLAND AVENUE NW NO 7, WASHINGTON, DC 20036
County: District of Columbia
In care of: MAX WALLACE
Primary officer: MAX WALLACE, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Phone(202) 419-3140

Filing and classification

Latest tax year: 2019
Tax period began: January 1, 2019
Return type: 990
Tax preparer: JONES MARESCA & MCQUADE PA
NTEE classification: Epilepsy (G54)
IRS tax category: Epilepsy
Grant-giving organization: Yes
Revocation date: May 15, 2023