Globalcures Inc in Newton, Massachusetts (MA)

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Globalcures Inc
Employer Identification Number (EIN)320200089
Name of OrganizationGlobalcures Inc
In Care of NameVidula Sukhatme
Address36 Sky View Cir, Newton, MA 02459-3158
SubsectionScientific Organization
Ruling Date09/2007
DeductibilityContributions are deductible
FoundationHospital or medical research organization
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$324,195
Amount of Income$60,616
Form 990 Revenue Amount$60,616
National Taxonomy of Exempt Entities (NTEE)Medical Research: Cancer Research


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Amount of income in 2013: $60,616 (it was $50,160 in 2012)
Globalcures Inc: 

 $60,616
Other organizations performing similar types of work: 

 $84,219

Assets in 2013: $324,195 (it was $265,183 in 2012)
Globalcures Inc: 

 $324,195
Other organizations performing similar types of work: 

 $84,533

Expenses in 2013: $1,604
Globalcures Inc: 

 $1,604
Other organizations performing similar types of work: 

 $78,823

Income to expenses ratio in 2013: 37.8
This organization: 

 37.8
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 99.6%
Globalcures Inc: 

 99.6%
Other organizations performing similar types of work: 

 100.0%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$53,587$50,160$60,616
Contributions, gifts, grants, and similar amounts received$53,235$49,780$60,377
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$352$380$239
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$6,395$3,297$1,604
Total net assets$218,186$265,183$324,195
Excess/Deficit for the year$47,192$46,863$59,012
Net assets or fund balances at beginning of year$170,994$218,186$265,183
Other changes in net assets or fund balances$0$134$0
Net assets or fund balances at end of year$265,183$324,195
Balance Sheets
201120122013
Total assets$218,186$265,183$324,195
Total liabilities$0$0$0
Net assets or fund balances$218,186$265,183$324,195
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv)
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Genesys Research Institute Inc736 Cambridge St, Brighton, MA 02135-2907MA2012-01$7,821,503
2Addgene Inc, Kenneth Fan Dof1 Kendall Sq Ste B7102, Cambridge, MA 02139-1669MA2005-06$7,152,346
3The Kittredge FoundationPO BOX 52570, Boston, MA 02205-2570MA2000-07$1,286,866
4Massachusetts Prostate Cancer Coalition Inc200 Lincoln St, Boston, MA 02111-2418MA2001-10$237,455
5Targetcancer Foundation Inc955 Massachusetts Ave Ste 343, Cambridge, MA 02139-3233MA2009-08$207,295
6Art Because IncPO BOX 3025, Framingham, MA 01705-3025MA2000-07$197,012
7Voices Of Hope Inc171 Park St, Stoneham, MA 02180-2727MA2011-04$139,964
8The Katie Moore Foundation Inc955 Massachusetts Ave 200, Cambridge, MA 02139-3233MA2013-08$81,609
9Upstage Lung Cancer Inc25 Beals Street, Brookline, MA 02446MA2009-06$44,647
10Aacr Boston Inc74 Stearns Rd, Brookline, MA 02446-6610MA2012-08$10,547
11Cancer Center Research Foundation Inc159 Meadowbrook Rd, Dedham, MA 02026-5613MA2014-07$573
12Anne-Marie Cancer Fund IncPo Box 56, Barre, MA 01005-0056MA1999-04$0
13Giving Hope Foundation Inc30 Mount Pleasant Drive, Peabody, MA 01960MA2013-11$0
14Jessica C Thurston Memorial Fund54 Forest Trail, East Bridgewater, MA 02333MA2014-09$0
15Matthew J Walsh Foundation Inc12 Coweeset Circle, Brockton, MA 02301MA2014-06$0
16My Girls Gala Inc231 Weston Rd, Wellesley, MA 02482MA2009-05$0
17Prayers For Charlotte33 Partridge Hill Rd, Braintree, MA 02184-3841MA2012-05$0
18The Stephen Bourke Fund For Childhood Cancer Research Inc154 Lynnway Unit 603, Lynn, MA 01902MA1984-06$0
19Thomas L Mulligan Senior FoundationPO BOX 904, Lynnfield, MA 01940MA2003-01$0
20Women Of CourageP O Box190235, Roxbury, MA 02119MA2012-06$0
Number of organizations performing similar types of work
Alaska2
Alabama7
Arkansas1
Arizona15
California72
Colorado6
Connecticut15
District of Columbia3
Florida42
Georgia15
Iowa5
Idaho1
Illinois21
Indiana9
Kansas5
Kentucky2
Louisiana5
Massachusetts23
Maryland15
Maine1
Michigan14
Minnesota9
Missouri9
Montana1
North Carolina11
Nebraska4
New Hampshire1
New Jersey20
New Mexico3
Nevada4
New York55
Ohio21
Oklahoma2
Oregon5
Pennsylvania25
Rhode Island1
South Carolina6
South Dakota1
Tennessee5
Texas32
Utah2
Virginia8
Vermont3
Washington16
Wisconsin8
West Virginia1
International2
Total534

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