OVATIONS FOR THE CURE INC

EIN: 204284833 501(c)(3) Diseases & Disorders

BOSTON, MA

Total Revenue
$194,308
Total Expenses
$194,113
Total Assets
$118,725
Net Assets
$-2,947
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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
2006
Legal Domicile
MA
Principal Officer
PATTI HESS
Phone
0050865554
Tax Period
2023-01-01 to 2023-12-31

OVATIONS FOR THE CURE INC, founded in 2006, is a small nonprofit in the Diseases & Disorders sector that reported $194K in total revenue in fiscal year 2023.

Mission

OUR EDUCATION PROGRAMS FOCUS ON INCREASING PUBLIC AWARENESS OF THE SYMPTOMS OF OVARIAN CANCER IN AN EFFORT TO IMPROVE EARLIER DETECTION OF OVARIAN CANCER AND, THUS, BETTER OUTCOMES FOR WOMEN WHO HAVE OVARIAN CANCER. SECONDLY, OUR PATIENT PROGRAMS ARE CREATED TO GIVE KNOWLEDGE, HOPE AND COMFORT TO THOSE WOMEN CURRENTLY DIAGNOSED AND LIVING WITH OVARIAN CANCER. OVATIONS FOR THE CURE, INC. ALSO PROVIDES CRITICAL FUNDING FOR NEW AND ONGOING OVARIAN CANCER RESEARCH INITIATIVES THAT FOCUS ON EARLY DETECTION, PREVENTION, DEVELOPING MORE EFFECTIVE TREATMENTS FOR OVARIAN CANCER, AND TO CURE OVARIAN CANCER IN OUR LIFETIME.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $151,957
Program Service Revenue $0
Investment Income $7
Other Revenue $42,344
TOTAL REVENUE $194,308

Expense Breakdown

Grants Paid $5,550
Salaries & Benefits $116,866
Fundraising Expenses $31,051
Program Expenses $147,675
Other Expenses $71,697
TOTAL EXPENSES $194,113

Year-over-Year Comparison

2023 2022 Change
Revenue $194,308 $200,353 0.0%
Expenses $194,113 $232,632 -0.2%
Net Income $195 $-32,279 -1.0%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
1
Volunteers
15

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
4
$84,180
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN PATTERNSON EXECUTIVE DI 40.00
Officer
$67,855 $16,325 $84,180
GIOVANNA FRANCHI TREASURER 5.00
Officer Director
$0 $0 $0
TINA GEE CLERK 5.00
Officer Director
$0 $0 $0
PATTI HESS PRESIDENT 10.00
Officer Director
$0 $0 $0
URSULA MATULONIS DIRECTOR/MED 5.00
Director
$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
2024 No data No data No data No data
2023 $194,308 $194,113 $118,725 $195
2022 $200,353 $232,632 $137,814 $-32,279
2021 $171,209 $160,155 $90,288 $11,054
2020 $190,881 $167,740 $78,412 $23,141
2019 $186,060 $165,198 $59,156 $20,862
2018 $181,152 $222,887 $43,620 $-41,735
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