CURATIVE FOUNDATION INC

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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

1977

Legal Domicile

Principal Officer

JOY GRAVOS

Phone

4144799606

Tax Period

2024-01-01 to 2024-12-31

CURATIVE FOUNDATION INC, founded in 1977, is a community nonprofit in the Health Care sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $218K, a strong 17% operating margin.

Mission

THE CURATIVE FOUNDATION, INC. OPERATES EXCLUSIVELY FOR CHARITABLE PURPOSES TO PROVIDE GRANTS AND SUPPORT TO CARRY OUT THE NEEDS OF CURATIVE CARE NETWORK, INC.

Program Service Accomplishments

Program 1

Expenses: $925,644

THE CURATIVE FOUNDATION, INC. OPERATES EXCLUSIVELY FOR CHARITABLE PURPOSES TO PROVIDE GRANTS AND SUPPORT TO CARRY OUT THE NEEDS OF CURATIVE CARE NETWORK, INC.

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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 $0

Program Service Revenue $0

Investment Income $1,261,998

Other Revenue $0

TOTAL REVENUE $1,261,998

Expense Breakdown

Grants Paid $925,644

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $925,644

Other Expenses $118,777

TOTAL EXPENSES $1,044,421

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,261,998	$943,101	+0.3%
Expenses	$1,044,421	$1,093,846	0.0%
Net Income	$217,577	$-150,745	-2.4%

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

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

$399,932

Total Directors

$306,621

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOY GRAVOS	EXECUTIVE VICE PRESIDENT	1.00	Officer Director	$0	$45,345	$306,621
C FREDERICK GEILFUSS	PRESIDENT	0.10	Officer Director	$0	$0	$0
PETER GLASER	VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
JULIE PETRI	SECRETARY (TERM 05/2024)	0.10	Officer Director	$0	$0	$0
STEVEN BARNEY	SECRETARY (START 05/2024)	0.10	Officer Director	$0	$0	$0
STEVEN SWANSON	TREASURER	0.10	Officer Director	$0	$0	$0
CARMEN WITT	BOARD MEMBER	0.10	Director	$0	$0	$0
CAROLYN BOLTON	BOARD MEMBER	0.10	Director	$0	$0	$0
JAMES MASLOWSKI	BOARD MEMBER	0.10	Director	$0	$0	$0
KRISTOFOR HANSON	BOARD MEMBER	0.10	Director	$0	$0	$0
PAUL AYERS	BOARD MEMBER	0.10	Director	$0	$0	$0
THOMAS KOSLER	BOARD MEMBER	0.10	Director	$0	$0	$0
WILLIAM STARR	BOARD MEMBER	0.10	Director	$0	$0	$0
GREGORY MCNUTT	VP OF FINANCE (TERM 05/2024)	1.00	Officer	$0	$15,352	$86,965
JEN RADTKE	VP OF FINANCE (START 12/2024)	1.00	Officer	$0	$0	$6,346

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	$1,261,998	$1,044,421	$24,374,697	$217,577
2023	$943,101	$1,093,846	$21,997,339	$-150,745
2022	$-756,079	$1,091,284	$19,639,807	$-1,847,363
2021	$3,740,719	$1,042,523	$24,712,823	$2,698,196
2020	$-75,066	$1,127,280	$22,123,151	$-1,202,346
2019	$237,314	$1,130,273	$20,795,267	$-892,959
2018	$1,562,776	$1,340,501	$18,217,947	$222,275