CHORDS2CURE CORPORATION

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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

2018

Legal Domicile

Principal Officer

ISABELL VON ALVENSLEBEN

Phone

8009284161

Tax Period

2023-01-01 to 2023-12-31

CHORDS2CURE CORPORATION, founded in 2018, is a small nonprofit that reported $242K in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year.

Mission

RAISES MONEY TO SUPPORT PEDIATRIC CANCER RESEARCH

Program Service Accomplishments

Program 1

Expenses: $242,376

CHORDS2CURE IS A STUDENT-CENTRIC ORGANIZATION DEDICATED TO RAISING FUNDS FOR GROUNDBREAKING PEDIATRIC CANCER RESEARCH THROUGH A SHARED PASSION FOR MUSIC. OUR FUNDRAISING IS FOR THE UCLA JONSSON...

CHORDS2CURE IS A STUDENT-CENTRIC ORGANIZATION DEDICATED TO RAISING FUNDS FOR GROUNDBREAKING PEDIATRIC CANCER RESEARCH THROUGH A SHARED PASSION FOR MUSIC. OUR FUNDRAISING IS FOR THE UCLA JONSSON COMPREHENSIVE CANCER CENTER FOR DR. NOAH FEDERMAN'S RESEARCH FOR PEDIATRIC CANCER. OUR MISSION IS TO KEEP PUSHING PEDIATRIC CANCER RESEARCH TOWARDS REVOLUTIONARY BREAKTHROUGHS. C2C ALSO HELPED FUND A PEDIATRIC LIVER CANCER CLINICAL TRIAL. THIS HELPS FUND A PRECISION MEDICINE INITIATIVE TO DISCOVER NOVEL TARGETS AND SCREEN NOVEL THERAPEUTICS IN PEDIATRIC LIVER CANCERS.

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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 $225,693

Program Service Revenue $16,091

Investment Income $-228

Other Revenue $0

TOTAL REVENUE $241,556

Expense Breakdown

Grants Paid $201,628

Salaries & Benefits $0

Fundraising Expenses $4,594

Program Expenses $242,376

Other Expenses $49,222

TOTAL EXPENSES $250,850

Year-over-Year Comparison

	2023	2022	Change
Revenue	$241,556	$301,372	-0.2%
Expenses	$250,850	$239,729	+0.0%
Net Income	$-9,294	$61,643	-1.2%

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

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
ISABELL VON ALVENSLEBEN	TREASURER	10.00	Officer Director	$0	$0	$0
CHRISSY BLUMENTHAL	PRESIDENT	10.00	Officer Director	$0	$0	$0
LORI FURIE	SECRETARY	10.00	Officer Director	$0	$0	$0
SUZANNE LANDIS	BOARD MEMBER	10.00	Officer Director	$0	$0	$0
KIM LEVIN	BOARD MEMBER	10.00	Officer Director	$0	$0	$0
MEREDITH PEGULA	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
DAVID WEINROT	BOARD MEMBER	10.00	Officer 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
2023	$241,556	$250,850	$63,471	$-9,294
2022	$301,372	$239,729	$74,201	$61,643