CREATE CURES FOUNDATION (EIN 472793776) - 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

2015

Legal Domicile

Principal Officer

VALTER LONGO

Phone

4247859099

Tax Period

2023-01-01 to 2023-12-31

CREATE CURES FOUNDATION, founded in 2015, is a community nonprofit in the Diseases & Disorders sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 235% from the prior year, signaling strong growth momentum. The organization ran a surplus of $550K, a strong 44% operating margin.

Mission

CREATE CURES FOUNDATION IS A 501(C)(3) NONPROFIT ORGANIZATION DEDICATED TO THE PURPOSE OF PROMOTING CREATIVE, EDUCATIONAL AND SCIENTIFIC PROGRAMS AIMED AT ENSURING HEALTHY LIVES, IMPROVING THE WELL-BEING OF ALL AGES AND REDUCING MORTALITY DUE TO NONCOMMUNICABLE DISEASES LIKE CANCER, DIABETES, CARDIOVASCULAR AND NUERODEGENERATIVE DISEASE AS WELL AS OBESITY. WE WANT EVERYONE, EVEN PATIENTS WITHOUT FINANCIAL MEANS TO BE ABLE TO BENEFIT FROM NEW KNOWLEDGE AND LIVE A HEALTHY, LONG LIFE.THE FOUNDATION'S MISSION IS TO PREVENT ILLNESS AND PROMOTE LONGER, HEALTHIER, AND CONSEQUENTLY HAPPIER LIVES AS FUNDAMENTAL HUMAN RIGHTS AS DESCRIBED IN THE "UNIVERSAL DECLARATION OF HUMAN RIGHTS" PROCLAIMED BY THE UNITED NATIONS GENERAL ASSEMBLY IN PARIS IN 1948.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,076,718

Program Service Revenue $129,899

Investment Income $2

Other Revenue $34,001

TOTAL REVENUE $1,240,620

Expense Breakdown

Grants Paid $209,626

Salaries & Benefits $194,416

Fundraising Expenses $13,750

Program Expenses $523,610

Other Expenses $286,620

TOTAL EXPENSES $690,662

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,240,620	$370,659	+2.3%
Expenses	$690,662	$670,355	+0.0%
Net Income	$549,958	$-299,696	-2.8%

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

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

$5,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIA CRISTINA VILLA	Secretary	10.00	Officer	$5,000	$0	$5,000
VALTER LONGO	Chairman	5.00	Officer Director	$0	$0	$0
FABIO NECCO	BOARD MEMBER	10.00	Director	$0	$0	$0
RAFFAELE VARDAVAS	Treasurer	1.00	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	No data	No data	No data	No data
2023	$1,240,620	$690,662	$2,338,466	$549,958
2022	$370,659	$670,355	$1,785,521	$-299,696
2021	$1,248,713	$928,795	$2,110,360	$319,918
2020	$238,086	$1,003,338	$1,867,376	$-765,252
2019	$1,582,764	$1,277,740	$2,692,300	$305,024
2018	$1,227,603	$670,526	$2,230,022	$557,077

CREATE CURES FOUNDATION