CURE BREAST CANCER FOUNDATION INC

EIN: 261518043 501(c)(3) Diseases & Disorders

CLIFTON, NJ

Total Revenue
$516,468
Total Expenses
$157,280
Total Assets
$3,647,067
Net Assets
$3,647,067
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NJ
Principal Officer
ANDREW B ABRAMSON
Phone
9734712223
Tax Period
2023-01-01 to 2023-12-31

CURE BREAST CANCER FOUNDATION INC, founded in 2007, is a small nonprofit in the Diseases & Disorders sector that reported $516K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $359K, a strong 70% operating margin.

Mission

CURE BREAST CANCER FOUNDATION, INC. WAS ESTABLISHED AND IS TO BE OPERATED EXCLUSIVELY TO FURTHER CHARITABLE AND SCIENTIFIC PURPOSES. THE FOUNDATION WILL RAISE FUNDS FROM FUNDRAISING EVENTS SUCH AS GOLF OUTINGS AND OTHER FUNDRAISING EVENTS, INVESTMENT INCOME AND CONTRIBUTIONS FROM INDIVIDUALS AND THE BUSINESS COMMUNITY. THE FOUNDATION WILL MAKE GRANTS TO SUPPORT ACTIVITIES AND PROJECTS RELATING TO THE CAUSES, PREVENTION, TREATMENT AND CURE OF BREAST CANCER, SUCH AS RESEARCH, DRUG TRIALS AND OTHER MEDICAL AND/OR SCIENTIFIC ACTIVITIES AND PROJECTS.

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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 $494,471
Program Service Revenue $0
Investment Income $86,923
Other Revenue $-64,926
TOTAL REVENUE $516,468

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $19,432
Other Expenses $157,280
TOTAL EXPENSES $157,280

Year-over-Year Comparison

2023 2022 Change
Revenue $516,468 $556,648 -0.1%
Expenses $157,280 $385,860 -0.6%
Net Income $359,188 $170,788 +1.1%
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

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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
5
Independent Members
5
Employees
N/A
Volunteers
20

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLY ABRAMSON PRESIDENT 1.00
Officer Director
$0 $0 $0
LAUREN MIRMAN VP AND TRUSTEE 1.00
Officer Director
$0 $0 $0
HEATHER SYMONS VP AND TRUSTEE 1.00
Officer Director
$0 $0 $0
ANDREW ABRAMSON TREASURER & SECRETARY 4.00
Officer Director
$0 $0 $0
DRLARRY NORTON SCIENTIFIC ADVISOR 1.00
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 $516,468 $157,280 $3,647,067 $359,188
2022 $556,648 $385,860 $3,242,235 $170,788
2021 $595,685 $356,048 $3,130,313 $239,637
2020 $484,807 $404,445 $2,851,431 $80,362
2019 $620,382 $312,374 $2,734,860 $308,008
2018 $562,643 $53,936 $2,406,894 $508,707
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