Addis Cure Inc (EIN 562616386) - 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

2006

Legal Domicile

Phone

7048955669

Tax Period

2023-10-01 to 2024-09-30

Addis Cure Inc, founded in 2006, is a micro nonprofit in the Medical Research sector that reported $9K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $30K exceeded revenue, resulting in a 217% operating deficit.

Mission

To provide funding for the research of lung cancer or other chronic diseases.

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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 $0

Program Service Revenue $0

Investment Income $9,499

Other Revenue $0

TOTAL REVENUE $9,499

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $25,000

Other Expenses $5,078

TOTAL EXPENSES $30,078

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,499	$7,926	+0.2%
Expenses	$30,078	$51,093	-0.4%
Net Income	$-20,579	$-43,167	-0.5%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Erin Morgan	Director	2.00	Director	$0	$0	$0
Christi Johnson	President	5.00	Officer	$0	$0	$0
William H Cain	Vice President	2.00	Officer	$0	$0	$0
Erika A Cain	Secretary	10.00	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	$9,499	$30,078	$531,897	$-20,579
2023	$7,926	$51,093	$552,476	$-43,167
2022	$951	$65	$595,643	$886
2021	$711	$65	$594,757	$646
2020	$572	$61	$594,111	$511
2019	$6,364	$86	$593,600	$6,278
2018	$2,432	$65	$587,322	$2,367

Addis Cure Inc