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Adventures For The Cure Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030607998 ✦ Catonsville, MD ✦ Designated as a 501(c)(3)

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Overview

What is Adventures For The Cure Inc?

Adventures For The Cure Inc, located at 1221 Brandford Road, Catonsville, MD 21228, is a dedicated nonprofit organization. Their primary mission is to raise funds and awareness for charitable causes. They uniquely achieve this by encouraging people to utilize their passion for cycling. The organization grants support to Diabetes DESTINY and Kupenda for the Children, two causes that align with their goals. By leveraging the love of cycling, Adventures For The Cure Inc aims to make a meaningful impact in the lives of children affected by diabetes and other charitable causes.


Official website here: www.adventuresforthecure.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56%, One-Star out of Four Star rating.

Adventures For The Cure Inc has received a low score of 56%, indicating significant areas of concern in its accountability and financial practices. The rating is based solely on the Accountability & Finance beacon, highlighting issues such as the absence of independent board members and missing key governance policies, which are critical for maintaining transparency and trust.

On a positive note, the organization has demonstrated strong financial health, reflected in a high program expense ratio of 99.28%, meaning that nearly all funds are directed towards its programs. Additionally, there are no material diversions of assets, which suggests appropriate handling of resources. However, the lack of various governance policies, including conflict of interest and whistleblower protections, raises questions about the overall management of the organization.

Overall, while Adventures For The Cure Inc shows commendable financial commitment to its mission, the deficiencies in board independence and governance policies limit its accountability. Prospective donors may want to consider these factors carefully before supporting the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Adventures For The Cure Inc legitimate?

Adventures For The Cure Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adventures For The Cure Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.adventuresforthecure.com

What is the mission statement of Adventures For The Cure Inc?

Adventures For The Cure Inc's mission is centered around empowering individuals to raise funds and awareness for charitable causes that resonate with them. They achieve this by leveraging a passion for cycling. Specifically, the organization focuses on utilizing this love of cycling to make a difference in the lives of children battling diabetes. To further its cause, Adventures For The Cure Inc provides financial support to organizations such as Diabetes DESTINY and Kupenda for the Children.


Official website here: www.adventuresforthecure.com

Who is the CEO of Adventures For The Cure Inc?

Adam Driscoll is the President of Adventures For The Cure Inc.


Official website here: www.adventuresforthecure.com

What is the revenue of Adventures For The Cure Inc?

Adventures For The Cure Inc's revenue in 2022 was $33,899.


Official website here: www.adventuresforthecure.com

Who are the executives of Adventures For The Cure Inc and what are their salaries?


Here are 5 key members and their salaries:


Adam Driscoll (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Blair (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt O'Byrne (Race Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Houghton (Race Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Martin (Race Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.adventuresforthecure.com

Where can I find the form 990 for Adventures For The Cure Inc?

Adventures For The Cure Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.adventuresforthecure.com

Learn more at the official website: www.adventuresforthecure.com

Mission Statement of Adventures For The Cure Inc

Adventures For The Cure Inc, as a nonprofit organization, is committed to empowering individuals to utilize their passions for raising money and awareness for charitable causes that hold significant importance to them. Specifically, this organization has chosen cycling as a means to accomplish this mission. By focusing on this activity, Adventures For The Cure Inc aims to make a positive impact in the lives of children suffering from diabetes. The organization supports two charitable causes, Diabetes DESTINY and Kupenda for the Children, through grant provision. By harnessing the love of cycling, Adventures For The Cure Inc is able to bring together a community of individuals who can collectively make a difference in the lives of these children with diabetes.

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Impact




August, 2024

Adventures For The Cure Inc has a significant impact on raising money and awareness for charitable causes, specifically focusing on helping children with diabetes. Through its dedication to empowering people to use their love of cycling to make a difference, the organization has made grants to Diabetes DESTINY and Kupenda for the Children. Based in Catonsville, Maryland, Adventures For The Cure Inc exemplifies philanthropy by enabling individuals to support causes that are important to them through their passion for cycling.




This information is meant to be a general summary of Adventures For The Cure Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$33,899 (2022)
Expenses
$37,426 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1
  • Program Service Revenue: $12,803
  • Gross Receipts: $33,899

Assets and Liabilities:

  • Total Assets: $20,769
  • Total Liabilities: $0
  • Net Assets: $20,769

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Rockburn CX Revenue

Revenue

$12,803

Organization Details

Founding Year

2006

Principal Officer

Adam Driscoll

Main Address

1221 Brandford Road, Catonsville, MD, 21228

NTEE Category

Code: T30 - Philanthropy

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