GIVING STRENGTH INC

EIN: 880835023 501(c)(3) Medical Research

FULTON, MD

Total Revenue
$1,123,911
Total Expenses
$91,252
Total Assets
$1,115,367
Net Assets
$1,075,990
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
MD
Principal Officer
RONALD CURLEY
Phone
4436906245
Tax Period
2023-01-01 to 2023-12-31

GIVING STRENGTH INC, founded in 2022, is a community nonprofit in the Medical Research sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 1535% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 92% operating margin.

Mission

GIVING STRENGTH IS A NON-PROFIT ORGANIZATION DEDICATED TO FUNDING RESEARCH GRANTS WHILE INCREASING AWARENESS OF SELENON-RELATED MYOPATHY. OUR DEDICATED TEAM, COMPOSED OF VOLUNTEERS, RESEARCH ASSISTANTS, AND COLLABORATORS IS UNWAVERING IN ITS MISSION TO ADVANCE RESEARCH EFFORTS TOWARD THE DEVELOPMENT OF VIABLE AND SAFE TREATMENTS FOR SELENON-RM. CURRENTLY, GIVING STRENGTH IS PROUD TO SUPPORT GROUNDBREAKING RESEARCH AT THE BEGGS LABORATORY AT BOSTON CHILDREN'S HOSPITAL, UNIVERSITY OF PARIS, AND ISTITUTO DI RICERCHE FARMACOLOGICHE MARIO NEGRI, ALL OF WHICH ARE MAKING SIGNIFICANT STRIDES IN THE FIELD. THROUGH THESE INVALUABLE PARTNERSHIPS, OUR ORGANIZATION STRIVES TO DEEPEN THE UNDERSTANDING OF SELENON-RELATED MYOPATHY AND CONTRIBUTE TO THE CREATION OF INNOVATIVE THERAPEUTIC SOLUTIONS, ULTIMATELY SEEKING TO IMPROVE THE QUALITY OF LIFE FOR THOSE AFFECTED BY THIS DISORDER.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,059,585
Program Service Revenue $0
Investment Income $4,720
Other Revenue $59,606
TOTAL REVENUE $1,123,911

Expense Breakdown

Grants Paid $87,301
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $87,301
Other Expenses $3,951
TOTAL EXPENSES $91,252

Year-over-Year Comparison

2023 2022 Change
Revenue $1,123,911 $68,755 +15.3%
Expenses $91,252 $1,061 +85.0%
Net Income $1,032,659 $67,694 +14.3%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD CURLEY CHAIRMAN 10.00
Officer Director
$0 $0 $0
CINDY CHILDS DIRECTOR 1.00
Director
$0 $0 $0
JAMIE KEMPER DIRECTOR 1.00
Director
$0 $0 $0
SAMUAL PARKER DIRECTOR 1.00
Director
$0 $0 $0
MADELINE HOLLANDER DIRECTOR 1.00
Director
$0 $0 $0
LINDSAY CURLEY PRESIDENT 10.00
Officer
$0 $0 $0
DEBORAH VAN COUTREN SECRETARY 1.00
Officer
$0 $0 $0
TERRI CURLEY TREASURER 10.00
Officer
$0 $0 $0
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
2024 No data No data No data No data
2023 $1,123,911 $91,252 $1,115,367 $1,032,659
2023 $1,123,911 $91,252 $1,115,367 $1,032,659
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