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Passes our checks

Raising Hope for a Cure

EIN 33-3172572 · Owatonna, MN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak26 out of 100GovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

The purpose of this corporation is: *** [1] To raise public awareness and to raise medical research funding for specific debilitating diseases through public fundraising events. Our primary focus has been on two diseases: ALS amyotrophic lateral sclerosis and FTD fronto-temporal degeneration. *** [2] To donate all funds raised from the public fundraising events after expenses to qualified 501c3 organizations that are either conducting or sponsoring medical research to find new treatments and cures for the diseases ALS and FTD.

Income
$128,455
Spending
$125,945
Reserves
0.4 months of spending
Largest source of income
donations and private grants, 61%

Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 26 out of 100. Higher than 4% of charities in its peer group (medical research, under $250k).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.4 months of spending.

  • Debt

    2 of 20

    It owes 97% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 2% of income.

Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $139,690 spent. Our organization had another successful year raising awareness of ALS and FTD in our community and our fundraising efforts brought in a total of $142,200: from donations and contributions collected thoughout the year and from our Hops For Hope fundraiser Walkin For Whitey fundraiser and a 50 50 raffle in September. Over 300 individuals or businesses made contributions and over 600 people attended one or both fundraiser events. After paying expenses our organization was able to make substantial donations grants of restricted funds totaling $123,695 to support promising medical research efforts to find new treatments and cures for ALS and FTD. Specifically there were grants of $80,550 and $10,645 to the ALS Association ALSA and a grant of $32,500 to the Association for FTD AFTD designated for vetted medical research programs sponsored by those national organizations.

Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.