PAR for the CURE INC (EIN 571197386) - 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

2004

Legal Domicile

Principal Officer

MICHAEL FORNATARO

Phone

7022792475

Tax Period

2022-10-01 to 2023-09-30

PAR for the CURE INC, founded in 2004, is a micro nonprofit in the Mental Health sector that reported $4K in total revenue in fiscal year 2022. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $4K left a modest 7% surplus.

Mission

BROADEN AWARENESS, PROMOTE PREVENTION , PROVIDE FUNDS TO RESEARCH FOR THE CURE OF CANCER. YEARLY CELEBRITY GOLF OUTING PROVIDE AWARENESS TO THE NEED OF CANCER RESEARCH AND PROVIDE FUNDS TO DONATE TO RESEARCH.

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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 (2022)

Revenue Breakdown

Contributions & Grants $4,267

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,267

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,988

TOTAL EXPENSES $3,988

Year-over-Year Comparison

	2022	2021	Change
Revenue	$4,267	$17,183	-0.8%
Expenses	$3,988	$206,851	-1.0%
Net Income	$279	$-189,668	-1.0%

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

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
MICHAEL FORNATARO	PRESIDENT	001.00	Officer Director	$0	$0	$0
PATRICIA JEFFORDS	SEC	001.00	Officer Director	$0	$0	$0
PATRICIA COSTA	TREAS	001.00	Officer Director	$0	$0	$0
BRIAN ESPOSITO	DIRECTOR	002.00	Director	$0	$0	$0
ANDREW ESPOSITO	DIRECTOR	001.00	Director	$0	$0	$0
LESLIE EVE	DIRECTOR	001.00	Director	$0	$0	$0
MARY BILLINGTON	DIRECTOR	001.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$4,267	$3,988	$27,998	$279
2022	$17,183	$206,851	$29,314	$-189,668
2021	$4,724	$6,306	$218,982	$-1,582
2020	$148,574	$61,746	$220,564	$86,828
2019	$109,273	$167,086	$133,736	$-57,813
2018	$133,259	$41,205	$191,549	$92,054

PAR for the CURE INC