Nonprofit · EIN 81-5088460
CARING CROSS INC
Tax-exempt · GAITHERSBURG, MD 20878
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,365,843 | $10,310,690 | -$3,944,847 | $16,467,907 | $5,991,534 | $10,476,373 |
| December 31, 2023 | 990 | $17,750,324 | $4,767,204 | $12,983,120 | $15,530,168 | $983,565 | $14,546,603 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,773,205
- of which government grants
- $1,772,453
- Program service revenue
- $1,339,248
- Investment income
- $373,031
- Net rental income
- $880,359
- Net gain from sales of assets
- -$2,492
- Other revenue
- $880,359
Expenses
- Grants and similar amounts paid
- $5,529
- Compensation of officers, directors and key employees
- $850,148
- Other salaries and wages
- $2,565,619
- Salaries, compensation and benefits (total)
- $3,874,391
- Professional fundraising fees
- $0
- Legal fees
- $34,167
- Accounting fees
- $21,123
- Occupancy
- $1,459,318
- Travel
- $50,460
- Depreciation
- $402,580
- Program services (functional)
- $7,675,809
- Management and general (functional)
- $2,634,881
Balance sheet and other
- Total assets, start of year
- $15,530,168
- Total assets, end of year
- $16,467,907
- Total liabilities, end of year
- $5,991,534
- Net assets, end of year
- $10,476,373
- Land, buildings and equipment
- $4,604,785
- Net assets without donor restrictions
- $10,462,773
- Net assets with donor restrictions
- $13,600
- Gross receipts
- $6,369,884
- Employees
- 33
- Volunteers
- 14
- Year formed
- 2017
- State of legal domicile
- MD
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 |
|---|---|---|---|---|
| RIMAS ORENTAS PHD END 92024 | SCIENTIFIC DIR., FOUNDER, SEC, PRES Trustee or director, Officer | 40 | $226,676 | $23,436 |
| ZHONGYU ZHU | CHIEF SCIENCE OFFICER Key employee | 40 | $226,058 | $0 |
| MEGAN FORREST | CHIEF OPERATING OFFICER Key employee | 40 | $199,365 | $22,927 |
| BEATRIX FERENCZ | ASSOC. DIR. OF PROCESS DEVELOPMENT Highest-paid employee | 40 | $157,526 | $26,845 |
| IBE OPARAOCHA | DIRECTOR OF PROCESS DEVELOPMENT Highest-paid employee | 40 | $153,078 | $7,567 |
| YING XIONG | DIRECTOR OF CELL & GENE THERAPY Highest-paid employee | 40 | $135,903 | $21,779 |
| BORO DROPULIC PHD MBA | EXEC DIR., FOUNDER, PRESIDENT Trustee or director, Officer | 40 | $144,119 | $7,567 |
| KARA ANLAUF | SCIENCE RESOURCES AND COMMUNICATIONS Highest-paid employee | 40 | $145,555 | $5,796 |
| OXANA SLESSAREVA | DIR. OF QUALITY SYSTEMS DEVELOPMENT Highest-paid employee | 40 | $127,203 | $6,979 |
| JENNIFER ADAIR PHD | DIRECTOR Trustee or director | 5 | $0 | $0 |
| LINDSAY ANDROSKI JD | DIRECTOR Trustee or director | 5 | $0 | $0 |
| NICANOR AUSTRIACO OP PHD STD | DIRECTOR Trustee or director | 5 | $0 | $0 |
| DEUS BAZIRA DRPH MPH MBA | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MARK DYBUL MD | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JAMES KENNY MBA | DIRECTOR Trustee or director | 5 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| XIAOBIN LU PHD | DIRECTOR Trustee or director | 5 | $0 |
| CRYSTAL MACKALL MD | DIRECTOR Trustee or director | 5 | $0 |
| JULIE MAKANI MD PHD FRCP FTAAS | DIRECTOR Trustee or director | 5 | $0 |
| MIKE MCCUNE MD PHD | DIRECTOR Trustee or director | 5 | $0 |
| TOM ROSEDALE JD | DIRECTOR Trustee or director | 5 | $0 |
| BARBARA SAVOLDO MD PHD | DIRECTOR Trustee or director | 5 | $0 |
| NIRAV SHAH MD MSHP | DIRECTOR Trustee or director | 5 | $0 |
| JOSHUA SPEIDEL PHD | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rimas Orentas PhD | Scientific Director Founder Trustee or director, Officer | 40 | $250,704 |
| Boro Dropulic PhD MBA | Executive Director Founder Trustee or director, Officer | 40 | $140,000 |
| Jennifer Adair PhD | Director Trustee or director | 5 | $0 |
| Lindsay Androski JD | Director Trustee or director | 5 | $0 |
| Nicanor Austriaco OP PhD STD | Director Trustee or director | 5 | $0 |
| Deus Bazira DrPH MPH MBA | Director Trustee or director | 5 | $0 |
| Mark Dybul MD | Director Trustee or director | 5 | $0 |
| James Kenny MBA | Director Trustee or director | 5 | $0 |
| Xiaobin Lu PhD | Director Trustee or director | 5 | $0 |
| Crystal Mackall MD | Director Trustee or director | 5 | $0 |
| Julie Makani MD PhD FRCP FTAAS | Director Trustee or director | 5 | $0 |
| Mike McCune MD PhD | Director Trustee or director | 5 | $0 |
| Tom Rosedale JD | Director Trustee or director | 5 | $0 |
| Barbara Savoldo MD PhD | Director Trustee or director | 5 | $0 |
| Nirav Shah MD MSHP | Director Trustee or director | 5 | $0 |
| Joshua Speidel PhD | Director Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 910 CLOPPER RD STE 200S, GAITHERSBURG, MD 20878-1361
- In care of
- % BORO DROPULIC
- Principal officer (990 for 2024)
- BORO DROPULIC, 910 CLOPPER ROAD 200S, GAITHERSBURG, MD 20878
- Signed the 990
- MEGAN FORREST, CHIEF OPERATING OFFICER
- Phone
- (240) 912-6874
- Website
- WWW.CARINGCROSS.ORG
- Return prepared by
- RUBINO AND COMPANY CHARTERED
Mission
CARING CROSS IS FOCUSED UPON ACCELERATING THE DEVELOPMENT AND IMPLEMENTATION OF ADVANCED MEDICINES LIKE CAR-T CELL AND STEM CELL GENE THERAPIES. IN PARTNERSHIP WITH LIKE-MINDED STAKEHOLDERS, CARING CROSS DEVELOPS AND DEPLOYS TECHNOLOGIES, SYSTEMS AND THERAPEUTIC CANDIDATES THAT IMPROVE THE AFFORDABILITY AND ACCESSIBILITY OF THESE POTENTIALLY LIFE-SAVING THERAPIES FOR ALL PATIENTS IN NEED, EVERYWHERE.
Program accomplishments
- UNIVERSITY OF DELAWARE: NIIMBL RESEARCH DEVELOPMENT, AND TESTBEDS TO HELP THE NATION PREVENT, PREPARE FOR AND RESPOND TO CORONAVIRUS.Expenses $5,530,229 · grants $5,529 · revenue $2,219,607
- TOME BIOSCIENCES AND CARING CROSS INC. RESEARCH COLLABORATIONExpenses $1,365,313
- THE REGENTS OF THE UNIVERSITY OF CALIFORNIA ON BEHALF OF ITS SAN FRANCISCO CAMPUS "UCSF": COMPLETE THE PHASE I IIA CLINICAL TRIAL DEVELOP A COMMERCIAL MANUFACTURING PROCESS AND DEVELOP A REGULATORY PATHWAY PLAN FOR DECENTRALIZED FDA APPROVAL OF THE ANTI-HIV DUOCAR-T CELL PRODUCT.Expenses $780,267
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
- 81-5088460
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H99)
- Assets (IRS master file)
- $16,467,907
- Income (IRS master file)
- $6,369,884
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,365,843 | $10,310,690 | $16,467,907 | XML |
| 990 | December 2023 | $17,750,324 | $4,767,204 | $15,530,168 | XML |
| 990 | December 2022 | $2,984,742 | $3,984,826 | $1,942,182 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 81-5088460).
Questions about CARING CROSS INC
- What is the EIN of CARING CROSS INC?
- The employer identification number (EIN) of CARING CROSS INC is 81-5088460.
- Is CARING CROSS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to CARING CROSS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CARING CROSS 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 CARING CROSS 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 CARING CROSS 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 CARING CROSS INC?
- The 990 for the year ended December 31, 2024 names BORO DROPULIC.
- Who are the officers and directors of CARING CROSS INC?
- The 990 for the year ended December 31, 2024 lists 23 people; 9 received compensation from the organization, the highest $226,676 (RIMAS ORENTAS PHD END 92024, SCIENTIFIC DIR., FOUNDER, SEC, PRES).
- How much revenue does CARING CROSS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,365,843, expenses of $10,310,690 and total assets of $16,467,907 at year end.
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