Morton Cure Paralysis Fund

EIN: 311611411 501(c)(3) Health Care

Minneapolis, MN

Total Revenue
$464,877
Total Expenses
$615,195
Total Assets
$489,988
Net Assets
$489,988
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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
1998
Legal Domicile
MN
Principal Officer
Peter Morton
Phone
6129041420
Tax Period
2025-01-01 to 2025-12-31

Morton Cure Paralysis Fund, founded in 1998, is a small nonprofit in the Health Care sector that reported $465K in total revenue in fiscal year 2025. Expenses of $615K exceeded revenue, resulting in a 32% operating deficit.

Mission

The Morton Cure Paralysis Fund MCPF is a nonprofit organization committed to finding a cure for paralysis caused by spinal cord injury and other disorders of the central nervous system. MCPF is also a community of people that provides information and emotional support to those affected by paralysis.

Program Service Accomplishments

Program 1
Expenses: $557,099

Presented research grants to seven world-class SCI research laboratories. These grants were for research projects in the global effort to find a cure for paralysis. Grants were allocated based on...

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Presented research grants to seven world-class SCI research laboratories. These grants were for research projects in the global effort to find a cure for paralysis. Grants were allocated based on expert peer review of all grant applications received. Projects were chosen for the potential to solve obstacles directly in the path to a cure and their potential to use the data from the project to secure much larger funding from other sources.

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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 (2025)

Revenue Breakdown

Contributions & Grants $448,180
Program Service Revenue $0
Investment Income $22,896
Other Revenue $-6,199
TOTAL REVENUE $464,877

Expense Breakdown

Grants Paid $554,449
Salaries & Benefits $0
Fundraising Expenses $56,659
Program Expenses $557,099
Other Expenses $34,282
TOTAL EXPENSES $615,195

Year-over-Year Comparison

2025 2024 Change
Revenue $464,877 $471,600 0.0%
Expenses $615,195 $604,437 +0.0%
Net Income $-150,318 $-132,837 +0.1%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jon Stevens Chairman, President 002.00
Officer Director
$0 $0 $0
Joan Hinnenkamp Director, Treasurer 002.00
Officer Director
$0 $0 $0
Tim Hennessy Director, Secretary 002.00
Officer Director
$0 $0 $0
Peter Morton VP, Executive Director 015.00
Officer 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
2025 $464,877 $615,195 $489,988 $-150,318
2024 No data No data No data No data
2023 $353,404 $296,488 $773,143 $56,916
2022 $314,092 $235,402 $716,227 $78,690
2021 $328,162 $76,020 $637,537 $252,142
2020 $162,707 $348,387 $385,395 $-185,680
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