Partnership for Cures (EIN 203620169) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

Barbara Goodman

Phone

8477451246

Tax Period

2024-08-01 to 2025-07-31

Partnership for Cures, founded in 2005, is a community nonprofit in the Medical Research sector that reported $3.9M in total revenue in fiscal year 2024. Revenue surged 118% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.6M, a strong 66% operating margin.

Mission

To help patients by raising funds to find, vet, finance manage pilot human clinical trials that test already approved drugs, devices and other products to deliver fast, safe and affordable treatments for both common

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,555,268

Program Service Revenue $0

Investment Income $241,482

Other Revenue $84,566

TOTAL REVENUE $3,881,316

Expense Breakdown

Grants Paid $644,592

Salaries & Benefits $501,810

Fundraising Expenses $67,026

Program Expenses $1,130,455

Other Expenses $163,845

TOTAL EXPENSES $1,310,247

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,881,316	$1,777,296	+1.2%
Expenses	$1,310,247	$1,607,374	-0.2%
Net Income	$2,571,069	$169,922	+14.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

130

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$213,533

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Barbara Goodman	President and CEO	040.00	Officer	$205,320	$8,213	$213,533
Margaret Christie	Chairman	002.00	Officer	$0	$0	$0
Matthew Rich	Treasurer	001.00	Officer	$0	$0	$0
Lucy Mancini-Newell	Secretary	001.00	Officer	$0	$0	$0
Kristina Allikmets	Director	001.00		$0	$0	$0
Steve Braun	Director	001.00		$0	$0	$0
Don Lo	Director	001.00		$0	$0	$0
Robert Metz	Director	001.00		$0	$0	$0
Nancy Sullivan	Director	001.00		$0	$0	$0
Eric Waehner	Director	001.00		$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$3,881,316	$1,310,247	$7,498,255	$2,571,069
2024	$1,777,296	$1,607,374	$4,893,129	$169,922
2023	$2,206,690	$1,297,473	$4,575,765	$909,217
2022	$1,487,060	$1,030,045	$3,472,152	$457,015
2021	$2,128,264	$1,269,751	$2,901,397	$858,513
2020	$2,575,448	$2,750,093	$1,824,558	$-174,645
2019	$1,257,322	$1,458,377	$1,843,619	$-201,055
2018	$1,046,942	$1,065,498	$1,663,167	$-18,556

Partnership for Cures