CURE INTERNATIONAL INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

JUSTIN NARDUCCI

Phone

6165123105

Tax Period

2024-07-01 to 2025-06-30

CURE INTERNATIONAL INC, founded in 1996, is a mid-sized nonprofit in the International Affairs sector that reported $63.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $17.3M, a strong 27% operating margin.

Mission

CURE'S CHILDREN'S HOSPITAL NETWORK OF EIGHT HOSPITALS PROVIDE LIFE-CHANGING AND LIFE-SAVING SURGICAL CARE FOR CHILDREN LIVING WITH DISABILITIES IN A COMPASSIONATE CHRISTIAN ENVIRONMENT. (CONTINUED ON SCHEDULE O)COMMON CONDITIONS TREATED INCLUDE: CLEFT LIP, CLEFT PALATE, SEVERE BURNS, NEGLECTED TRAUMA, BOWED KNEES, WINDSWEPT LEGS, CLUB FOOT, HYDROCEPHALUS, BRAIN TUMORS, AND SPINA BIFIDA.

Program Service Accomplishments

Program 1

Expenses: $38,734,600 Revenue: $3,212,864

OPERATE CHILDREN'S HOSPITAL IN DEVELOPING COUNTRIES SUCH AS KENYA, ETHIOPIA, MALAWI, NIGER, UGANDA, ZAMBIA, ZIMBABWE, AND THE PHILIPPINES. DURING THE YEAR, CURE COMPLETED MORE SURGICAL PROCEDURES AND SAW MORE PEOPLE EXPRESS FAITH IN JESUS THAN ANY OTHER YEAR IN ITS HISTORY. - COMPLETED SURGERIES: 21,019 - PATIENT VISITS: 116,180 - FAITH EXPRESSIONS: 46,003 WITH 275,288 PEOPLE REACHED THROUGH MINISTRY OUTREACH

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $58,958,933

Program Service Revenue $2,891,018

Investment Income $1,060,195

Other Revenue $321,846

TOTAL REVENUE $63,231,992

Expense Breakdown

Grants Paid $101,637

Salaries & Benefits $24,128,906

Fundraising Expenses $4,229,896

Program Expenses $38,734,600

Other Expenses $21,039,458

TOTAL EXPENSES $45,918,222

Year-over-Year Comparison

	2024	2023	Change
Revenue	$63,231,992	$55,797,233	+0.1%
Expenses	$45,918,222	$43,566,916	+0.1%
Net Income	$17,313,770	$12,230,317	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

310

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

$1,131,780

Total Directors

$297,270

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN NARDUCCI	PRESIDENT & CEO	40.00	Officer Director	$279,724	$17,546	$297,270
JERRY TUBERGEN	CHAIRMAN	4.50	Officer Director	$0	$0	$0
JOSEPH STOWELL	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
PETER SCHULZE	TREASURER	2.00	Officer Director	$0	$0	$0
MIKE HOUSKAMP	SECRETARY	2.00	Officer Director	$0	$0	$0
SHARON ALMEIDA	DIRECTOR	2.00	Director	$0	$0	$0
JUDY BELLIG	DIRECTOR	2.00	Director	$0	$0	$0
FRED BW'OMBONGI	DIRECTOR	2.00	Director	$0	$0	$0
DUANE CRESSMAN	DIRECTOR	2.00	Director	$0	$0	$0
RICK GARDNER	DIRECTOR	2.00	Director	$0	$0	$0
LUKE NIEWENHUIS	DIRECTOR	2.00	Director	$0	$0	$0
MARCIA MCINTYRE	DIRECTOR	2.00	Director	$0	$0	$0
DR JOHN O'DOWD	DIRECTOR	2.00	Director	$0	$0	$0
DR GIORGIO LASTRONI	CHIEF MEDICAL OFFICER	40.00	Officer	$184,981	$12,926	$197,907
DAVID HELMAN	CHIEF FINANCIAL OFFICER	40.00	Officer	$151,753	$35,427	$187,180
CORNE BLOM	CHIEF PROGRAM OFFICER	40.00	Officer	$158,093	$5,410	$163,503
PETER OSBORN	CHIEF ADMINISTRATIVE OFFICER	40.00	Officer	$134,922	$28,374	$163,296
DR VAUGHN FRIGON	CHIEF MEDICAL OFFICER (PART YEAR)	40.00	Officer	$116,753	$5,871	$122,624
DR SAMUEL MAINA	MEDICAL DIRECTOR	40.00	Highest	$172,057	$12,531	$184,588
DR KAISER RAPHAEL	MEDICAL DIRECTOR, MALAWI	40.00	Highest	$170,410	$12,660	$183,070
ELLY CHEMEY	DIRECTOR OF PROGRAMS	40.00	Highest	$164,167	$13,075	$177,242
DR DIANE NAHIMANA	ANESTHESIOLOGIST	40.00	Highest	$163,711	$12,425	$176,136
DR NICHOLAS LUBEGA	PEDIATRIC ORTHOPEDIC SURGEON	40.00	Highest	$160,914	$6,578	$167,492

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	$63,231,992	$45,918,222	$96,058,602	$17,313,770
2024	$55,797,233	$43,566,916	$79,549,422	$12,230,317
2023	$44,050,668	$38,629,495	$69,217,940	$5,421,173
2022	$39,923,691	$34,801,658	$64,472,066	$5,122,033
2021	$37,495,145	$66,539,718	$60,700,949	$-29,044,573
2020	$74,702,015	$78,692,064	$111,231,176	$-3,990,049
2019	$70,934,874	$82,924,422	$119,086,339	$-11,989,548