nonprofit logo

Cure Lbsl

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

EIN: 462829156 ✦ Arlington, VA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Cure Lbsl?

Cure Lbsl is a small yet dedicated nonprofit organization, situated in Arlington, Virginia. With a single employee, their primary mission is to support and fund research into rare diseases, specifically Leukodystrophy - LBSL. They have allocated substantial resources to two prominent institutions: the Kennedy Krieger Institute in Baltimore, Maryland, and the Children's Hospital of Orange County in California. The funding provided has been instrumental in furthering research, including the creation of disease-affected cells, testing potential treatments, and conducting a natural history study involving known LBSL patients. The organization's goal is not only to advance medical knowledge but also to assist and uplift families affected by these rare diseases.


Official website here: www.curelbsl.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

Cure Lbsl holds a Three-Star rating from Charity Navigator, indicating a solid performance overall, particularly in the areas of Accountability & Finance, which scores 77%, and Culture & Community, scoring an impressive 87%. The organization demonstrates a strong commitment to feedback collection and usage, with perfect ratings in these categories, which reflects its responsiveness to constituent needs and input.

Strengths include high scores in constituent feedback and effective practices, suggesting that the organization actively engages with its community and utilizes their insights to improve programs. Additionally, the 81% score in equity strategies indicates a positive approach to inclusivity and social responsibility, although the limited equity data and policies may suggest areas for growth.

Despite its strengths, the organization's score indicates there are opportunities for improvement, particularly in the realm of equity data and policies, where scores were notably lower. This suggests a need for more robust data collection and policy development to enhance their equity strategies further. Overall, Cure Lbsl is recognized for its effective community engagement and responsible financial practices, while also having room to enhance its equity initiatives.


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

Is Cure Lbsl legitimate?

Cure Lbsl is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cure Lbsl 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: $8,465

For more financial information, click here


Official website here: www.curelbsl.org

What is the mission statement of Cure Lbsl?

Cure Lbsl's mission is centered around supporting rare disease research and assisting families affected by these conditions. Specifically, they aim to fund initiatives focused on Leukodystrophy - LBSL. Their activities include providing substantial financial contributions to reputable research institutions, such as the Kennedy Krieger Institute in Baltimore, Maryland and the Children's Hospital of Orange County in California. The funded research focuses on creating potential treatments for LBSL, involving the development of disease-related cells, testing therapeutics, and conducting a natural history study with a group of affected patients.


Official website here: www.curelbsl.org

Who is the CEO of Cure Lbsl?

Elizabeth A Mcginn is the Director of Cure Lbsl.


Official website here: www.curelbsl.org

What is the revenue of Cure Lbsl?

Cure Lbsl's revenue in 2022 was $1,410,138.


Official website here: www.curelbsl.org

Who are the executives of Cure Lbsl and what are their salaries?

The average compensation at Cure Lbsl during 2022 was $8,465. There is 1 employee and 25 volunteers at Cure Lbsl.


Here are 8 key members and their salaries:


Morgan Stern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Stern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Gulugian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Blakely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mcginn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth A Mcginn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Gulugian (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.curelbsl.org

Where can I find the form 990 for Cure Lbsl?

Cure Lbsl's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.curelbsl.org

Learn more at the official website: www.curelbsl.org

Mission Statement of Cure Lbsl

Cure LBSL, a nonprofit organization, is committed to supporting rare disease research and aiding families affected by these conditions. Their primary mission is to provide financial backing for research efforts aimed at developing treatments for Leukodystrophy - LBSL. This year, they allocated funds to two significant research programs. One was at the Kennedy Krieger Institute in Baltimore, Maryland, where they contributed $600,000. The second was at the Children's Hospital of Orange County in California, where they provided $529,010. The researchers involved in these programs are working tirelessly to create a treatment for LBSL. Their work involves building cells with the disease's attributes, testing therapeutics, and conducting a natural history study with a group of known patients. In this way, Cure LBSL is making a significant contribution to the medical community's understanding of LBSL and the development of potential treatments, ultimately offering hope to families affected by this rare disease.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

Cure Lbsl's impact can be seen in its substantial financial support towards rare disease research and providing assistance to affected families. The organization's funding of $600,000 to a research program at the Kennedy Krieger Institute in Baltimore, Maryland, and $529,010 to the Children's Hospital of Orange County in California demonstrates its commitment to advancing the understanding and treatment of Leukodystrophy - LBSL. By investing in research that aims to develop a treatment for this rare disease, Cure Lbsl is contributing towards improving the lives of individuals affected by LBSL and their families. Through its efforts, Cure Lbsl is playing a crucial role in driving forward progress in the field of rare disease research and providing hope for those facing the challenges of LBSL.




This information is meant to be a general summary of Cure Lbsl. 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
$1,410,138 (2022)
Expenses
$1,319,933 (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
  • Gross Receipts: $1,410,138

Assets and Liabilities:

  • Total Assets: $535,129
  • Total Liabilities: $0
  • Net Assets: $535,129

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2013

Principal Officer

Elizabeth A Mcginn

Main Address

3520 S Wakefield St, Arlington, VA, 22206

NTEE Category

Code: G129 - Disease

If you are a representative of Cure Lbsl and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.