Nonprofit · EIN 04-3555864
ACCELERATED CURE PROJECT INC
Tax-exempt · WALTHAM, MA 02451
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,852,560 | $2,460,028 | $392,532 | $3,471,612 | $286,632 | $3,184,980 |
| December 31, 2023 | 990 | $2,353,319 | $2,043,990 | $309,329 | $3,269,932 | $523,163 | $2,746,769 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,238,138
- of which government grants
- $730,087
- Program service revenue
- $506,792
- Investment income
- $87,584
- Net gain from sales of assets
- $546
- Net income from fundraising events
- $20,046
- Other revenue
- $20,046
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $444,857
- Other salaries and wages
- $537,625
- Salaries, compensation and benefits (total)
- $1,164,054
- Professional fundraising fees
- $0
- Accounting fees
- $72,887
- Occupancy
- $14,724
- Travel
- $26,031
- Depreciation
- $50,764
- Program services (functional)
- $2,243,368
- Management and general (functional)
- $147,620
- Fundraising (functional)
- $69,040
Balance sheet and other
- Total assets, start of year
- $3,269,932
- Total assets, end of year
- $3,471,612
- Total liabilities, end of year
- $286,632
- Net assets, end of year
- $3,184,980
- Land, buildings and equipment
- $128,710
- Net assets without donor restrictions
- $2,336,461
- Net assets with donor restrictions
- $848,519
- Gross receipts
- $2,884,866
- Employees
- 10
- Volunteers
- 70
- Year formed
- 2001
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SARA LOUD | CEO/PRESIDENT Officer | 50 | $177,984 | $0 |
| HOLLIE SCHMIDT | VP OF SCIENTIC OPS. Officer | 50 | $145,758 | $23,992 |
| ROBERT MCBURNEY | CHIEF RESEARCH OFFICER Officer | 50 | $97,123 | $0 |
| LINDA KANNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELANIE DRAYTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL MIDDLEBROOK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTY DOSREIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAMELA SAUSSY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA BUETTNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AAKRUTI GORDE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICK CURLEY | BOARD CHAIR Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SARA LOUD | CEO/PRESIDENT Officer | 50 | $172,800 | $0 |
| HOLLIE SCHMIDT | VP OF SCIENTIC OPS. Officer | 50 | $144,603 | $23,513 |
| ROBERT MCBURNEY | CHIEF RESEARCH OFFICER Officer | 50 | $122,546 | $0 |
| LINDA KANNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELANIE DRAYTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL MIDDLEBROOK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTY DES ROIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEEPAK GROVER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA BUETTNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AAKRUTI GORDE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICK CURLEY | BOARD CHAIR Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 460 TOTTEN POND RD STE 140, WALTHAM, MA 02451-1912
- In care of
- % ED MULHERIN
- Principal officer (990 for 2024)
- SARA LOUD, 800 LEXINGTON STREET, WALTHAM, MA 024524848
- Signed the 990
- SARA LOUD, CEO/PRESIDENT
- Phone
- (781) 487-0008
- Website
- WWW.ACCELERATEDCURE.ORG
- Return prepared by
- STOWE & DEGON LLC
Mission
THE ORGANIZATION'S MISSION IS TO ACCELERATE RESEARCH EFFORTS TO IMPROVE DIAGNOSIS, TO OPTIMIZE TREATMENT, AND TO CURE MULTIPLE SCLEROSIS.
Program accomplishments
- SCIENTIFIC COLLABORATION AIMS TO ACCELERATE PROGRESS TOWARDS A CURE FOR MULTIPLE SCLEROSIS (MS) AND TO IMPROVE HEALTH, HEALTHCARE AND QUALITY OF LIFE FOR PEOPLE AFFECTED BY MS BY STIMULATING AND ENABLING RESEARCH, THROUGH THE PROVISION OF MUCH-NEEDED RESOURCES, AND CREATING NETWORKING OPPORTUNITIES ACROSS ALL MS STAKEHOLDERS TO SPARK NEW IDEAS AND CATALYZE UNFORESEEN CONNECTIONS. A KEY COMPONENT OF THIS PROGRAM IS THE ICONQUERMS PEOPLE-POWERED RESEARCH NETWORK IN WHICH THE INPUT AND DATA CONTRIBUTED BY NETWORK PARTICIPANTS SHAPES AND ACCELERATES RESEARCH ON TOPICS THAT MATTER MOST TO PEOPLE AFFECTED BY MS.Expenses $2,003,638
- COMMUNITY BUILDING: WE HAVE AN EXTENSIVE COMMUNITY OF PARTICIPATING MS STAKEHOLDERS CONSISTING OF PEOPLE WITH MS, THEIR FRIENDS AND FAMILIES, CLINICIANS, SCIENTISTS AND RESEARCHERS, MS-RELATED CORPORATIONS, AND OTHER INTERESTED PARTIES. EMAIL UPDATES ON THE PROGRESS OF RESEARCH, COLLABORATION, AND OTHER INFORMATION OF INTEREST ARE SENT OUT REGULARLY. PRODUCTION OF A SEASONAL NEWSLETTER IS DISTRIBUTED QUARTERLY. OUR GROUP OF VOLUNTEERS HAS FORMED A CORE COMMUNITY OF ACTIVE HELPERS. OUR CONNECTIONS TO PEOPLE AFFECTED BY MS AND OTHER MS STAKEHOLDERS ARE ESSENTIAL FOR BUILDING AND ACCELERATING RESEARCH THROUGH OUR BIOBANK/REPOSITORY AND ICONQUERMS PEOPLE-POWERED RESEARCH NETWORK.Expenses $60,339
- TISSUE BANK/REPOSITORY: WE HAVE RECRUITED OVER 3,000 SUBJECTS WITH AND WITHOUT MS AND OTHER DEMYELINATING DISEASES WHO HAVE DONATED BLOOD SAMPLES AND PROVIDED MEDICAL AND EPIDEMIOLOGICAL DATA THAT ARE STORED IN THE REPOSITORY AND MADE AVAILABLE TO RESEARCHERS IN EXCHANGE FOR THE DATA THEY GENERATE FROM THEIR STUDIES THAT USE THE SAMPLES. THE GOAL OF THE REPOSITORY IS TO PROVIDE RESEARCHERS WITH ACCESS TO A LARGE NUMBER OF BIOLOGICAL SAMPLES AND DATA, THAT WOULD OTHERWISE NOT BE AVAILABLE, AND TO THE AGGREGATED DATA THAT IS GENERATED FROM THE STUDIES IN ORDER THAT THEY CAN DETERMINE THE CAUSES AND MECHANISMS OF MS AND RELATED DISEASES AND THE EFFECTS OF TREATMENTS.Expenses $179,391
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3555864
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Voluntary health associations and medical disciplines (G50)
- Assets (IRS master file)
- $3,471,612
- Income (IRS master file)
- $2,884,866
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,852,560 | $2,460,028 | $3,471,612 | IRS |
| 990 | December 2023 | $2,353,319 | $2,043,990 | $3,269,932 | XML |
| 990 | December 2022 | $2,275,860 | $1,770,546 | $2,712,613 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3555864).
Questions about ACCELERATED CURE PROJECT INC
- What is the EIN of ACCELERATED CURE PROJECT INC?
- The employer identification number (EIN) of ACCELERATED CURE PROJECT INC is 04-3555864.
- Is ACCELERATED CURE PROJECT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to ACCELERATED CURE PROJECT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACCELERATED CURE PROJECT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ACCELERATED CURE PROJECT INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACCELERATED CURE PROJECT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ACCELERATED CURE PROJECT INC?
- The 990 for the year ended December 31, 2024 names SARA LOUD.
- Who are the officers and directors of ACCELERATED CURE PROJECT INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 3 received compensation from the organization, the highest $177,984 (SARA LOUD, CEO/PRESIDENT).
- How much revenue does ACCELERATED CURE PROJECT INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,852,560, expenses of $2,460,028 and total assets of $3,471,612 at year end.
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