CURE TAY-SACHS FOUNDATION (EIN 260256621) - 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

2007

Legal Domicile

Principal Officer

RICK KARL

Phone

5622121071

Tax Period

2024-01-01 to 2024-12-31

CURE TAY-SACHS FOUNDATION, founded in 2007, is a small nonprofit in the Medical Research sector that reported $141K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $251K exceeded revenue, resulting in a 78% operating deficit.

Mission

THE CURE TAY-SACHS FOUNDATION HAS BEEN CREATED TO FUND THE RESEARCH INITIATIVES THAT SHOW PROMISE TO TREAT AND ULTIMATELY CURE TAY-SACHS DISEASE (TSD). TSD IS HEREDITARY DISEASE PASSED ON WHEN TWO CARRIER PARENTS BOTH PASS THE TAY-SACHS GENE TO THEIR CHILD. TAY-SACHS HAS THREE FORMS - THE CLASSIC OR INFANTILE FORM, THE JUVENILE ONSET FORM AND THE LATE ON-SET FORM KNOWN AS LOTS. CHILDREN INFECTED WITH THE INFANTILE OR JUVENILE FORM CURRENTLY HAVE A 100% MORTAILITY RATE - NO CHILD HAS EVER SURVIVED THIS DISEASE. WE AIM TO CHANGE THAT.

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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 $57,863

Program Service Revenue $0

Investment Income $83,196

Other Revenue $0

TOTAL REVENUE $141,059

Expense Breakdown

Grants Paid $200,000

Salaries & Benefits $48,000

Fundraising Expenses $0

Program Expenses $225,226

Other Expenses $3,226

TOTAL EXPENSES $251,226

Year-over-Year Comparison

	2024	2023	Change
Revenue	$141,059	$107,582	+0.3%
Expenses	$251,226	$189,307	+0.3%
Net Income	$-110,167	$-81,725	+0.3%

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

N/A

Volunteers

N/A

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

$48,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERYL BABO	DIRECTOR	2.00	Director	$0	$0	$0
NICKI LUCE	DIRECTOR	2.00	Director	$0	$0	$0
LAURIE TEN BERG	DIRECTOR	2.00	Director	$0	$0	$0
TERRY KARL ESQ	DIRECTOR	2.00	Director	$0	$0	$0
ROBBIE SANDOVAL	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN PLICK	DIRECTOR	2.00	Director	$0	$0	$0
HOLLY MCDONALD	DIRECTOR	2.00	Director	$0	$0	$0
ROYCE STINGER	DIRECTOR	2.00	Director	$0	$0	$0
DEEPA KODALI	DIRECTOR	2.00	Director	$0	$0	$0
BRIANNE ANDERSON	DIRECTOR	2.00	Director	$0	$0	$0
MATT LUNCHICK	DIRECTOR	2.00	Director	$0	$0	$0
RICK KARL	PRESIDENT	20.00	Officer	$48,000	$0	$48,000
BRUCE STEIGER	TREASURER	8.00	Officer	$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	$141,059	$251,226	$1,941,305	$-110,167
2023	$107,582	$189,307	$2,122,357	$-81,725
2022	$448,202	$238,193	$2,287,110	$210,009
2021	$192,718	$225,746	$2,077,101	$-33,028
2020	$289,919	$154,274	$2,110,129	$135,645
2019	$397,972	$219,973	$1,974,958	$177,999
2018	$344,149	$202,326	$1,796,485	$141,823

CURE TAY-SACHS FOUNDATION