DONORS CURE FOUNDATION

EIN: 462840795 501(c)(3) Philanthropy & Grantmaking

SUMMERVILLE, SC

Total Revenue
$202,201
Total Expenses
$300,117
Total Assets
$325,519
Net Assets
$264,900
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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
2013
Legal Domicile
SC
Principal Officer
DR JOSEPH A HELPERN
Phone
8774559107
Tax Period
2017-07-01 to 2018-06-30

DONORS CURE FOUNDATION, founded in 2013, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $202K in total revenue in fiscal year 2017. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $300K exceeded revenue, resulting in a 48% operating deficit.

Mission

DONORS CURE FOUNDATION IS A PLATFORM FOR EARLY-CAREER INVESTIGATORS IN THE BIOMEDICAL FIELD TO SUPPORT THEIR RESEARCH.

Program Service Accomplishments

Program 1
Expenses: $204,000

THE ORGANIZATION HELD AN ALZHEIMER'S CONFERENCE TO OBTAIN GRANTS FOR QUALIFIED BIOMEDICAL RESEARCH PROJECTS LED BY RESEARCHERS AT US UNIVERSITIES AND INSTITUTIONS. THE ORGANIZATION ALSO MAINTAINED...

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THE ORGANIZATION HELD AN ALZHEIMER'S CONFERENCE TO OBTAIN GRANTS FOR QUALIFIED BIOMEDICAL RESEARCH PROJECTS LED BY RESEARCHERS AT US UNIVERSITIES AND INSTITUTIONS. THE ORGANIZATION ALSO MAINTAINED ITS WEBSITE PLATFORM FOR DONORS TO CONTRIBUTE TO FUND SPECIFIC BIOMEDICAL RESEARCH 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 (2017)

Revenue Breakdown

Contributions & Grants $201,492
Program Service Revenue $0
Investment Income $64
Other Revenue $645
TOTAL REVENUE $202,201

Expense Breakdown

Grants Paid $51,504
Salaries & Benefits $56,536
Fundraising Expenses $36,038
Program Expenses $204,000
Other Expenses $192,077
TOTAL EXPENSES $300,117

Year-over-Year Comparison

2017 2016 Change
Revenue $202,201 $566,434 -0.6%
Expenses $300,117 $344,525 -0.1%
Net Income $-97,916 $221,909 -1.4%
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

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Governance

Voting Members
5
Independent Members
5
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
2
$61,667
Total Directors
4
$61,667
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR JOSEPH A HELPERN CHAIRMAN & PRESIDENT 20.00
Officer Director
$61,667 $0 $61,667
CHARLES C DOREGO DIRECTOR 5.00
Director
$0 $0 $0
MARK C GELNAW DIRECTOR 5.00
Director
$0 $0 $0
DR KATHLEEN T BRADY DIRECTOR 5.00
Director
$0 $0 $0
SARAH GOODYEAR SECRETARY & TREASURER & MARKETING COORDINATOR 5.00
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
2018 $202,201 $300,117 $325,519 $-97,916
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