ACCELERATE BRAIN CANCER CURE INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

MAX WALLACE

Phone

2024193140

Tax Period

2019-01-01 to 2019-12-31

ACCELERATE BRAIN CANCER CURE INC, founded in 2001, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2019. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $4.0M exceeded revenue, resulting in a 242% operating deficit.

Mission

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.

Program Service Accomplishments

Program 1

Expenses: $2,874,312

ACCELERATE BRAIN CANCER CURE, INC. (ABC2) BELIEVES A FOCUSED AND AGGRESSIVE ENTREPRENEURIAL MODEL WILL INCREASE THE NUMBER OF THERAPIES DISCOVERED AND ENABLE THOSE THERAPIES TO BE AVAILABLE TO...

ACCELERATE BRAIN CANCER CURE, INC. (ABC2) BELIEVES A FOCUSED AND AGGRESSIVE ENTREPRENEURIAL MODEL WILL INCREASE THE NUMBER OF THERAPIES DISCOVERED AND ENABLE THOSE THERAPIES TO BE AVAILABLE TO DOCTORS AND PATIENTS MORE QUICKLY. ABC2 PROVIDES RESEARCHERS WITH THE PIVOTAL SUPPORT THEY NEED TO MAKE CRITICAL BREAKTHROUGHS. IT FUNDS TRANSLATIONAL RESEARCH AIMED AT FINDING THE FASTEST POSSIBLE ROUTE TO A CURE. ABC2 SUPPORTS A RANGE OF MEDICAL RESEARCH ORGANIZATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $1,410,344

Program Service Revenue $0

Investment Income $10,019

Other Revenue $-253,652

TOTAL REVENUE $1,166,711

Expense Breakdown

Grants Paid $2,499,437

Salaries & Benefits $1,152,879

Fundraising Expenses $659,418

Program Expenses $2,874,312

Other Expenses $333,783

TOTAL EXPENSES $3,986,099

Year-over-Year Comparison

	2019	2018	Change
Revenue	$1,166,711	$1,915,355	-0.4%
Expenses	$3,986,099	$1,584,284	+1.5%
Net Income	$-2,819,388	$331,071	-9.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

300

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$884,489

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE CASE	CHAIRMAN & CO-FOUNDER	1.00	Officer Director	$0	$0	$0
STACEY CASE	CO-FOUNDER	1.00	Director	$0	$0	$0
NANCY PFUND	MEMBER	1.00	Director	$0	$0	$0
DAVID COLE	MEMBER	1.00	Director	$0	$0	$0
JEAN CASE	CO-FOUNDER	1.00	Director	$0	$0	$0
DOUG HOLLADAY	MEMBER	1.00	Director	$0	$0	$0
JONATHAN WEINBERG	MEMBER	1.00	Director	$0	$0	$0
GARY WIMMER	MEMBER	1.00	Director	$0	$0	$0
MAX WALLACE	PRESIDENT AND CEO	40.00	Officer	$536,539	$16,338	$552,877
DAVID SANDAK	VP/SECRETARY/TREASURER	40.00	Officer	$318,748	$12,864	$331,612

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2019	$1,166,711	$3,986,099	No data	$-2,819,388
2018	$1,915,355	$1,584,284	$3,099,618	$331,071