EVERY CURE INC (EIN 920240717) - 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

2022

Legal Domicile

Principal Officer

GRANT W MITCHELL

Phone

4842856568

Tax Period

2023-01-01 to 2023-12-31

EVERY CURE INC, founded in 2022, is a community nonprofit in the Medical Research sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 673% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 81% operating margin.

Mission

EVERY CURE IS A NONPROFIT INITIATIVE ON A MISSION TO UNLOCK THE FULL POTENTIAL OF EXISTING MEDICINES TO TREAT EVERY DISEASE AND EVERY PATIENT THEY POSSIBLY CAN.

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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 $2,433,649

Program Service Revenue $0

Investment Income $9,736

Other Revenue $0

TOTAL REVENUE $2,443,385

Expense Breakdown

Grants Paid $0

Salaries & Benefits $116,667

Fundraising Expenses $1,769

Program Expenses $400,032

Other Expenses $336,135

TOTAL EXPENSES $452,802

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,443,385	$316,125	+6.7%
Expenses	$452,802	$1,685	+267.7%
Net Income	$1,990,583	$314,440	+5.3%

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

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
DAVID FAJGENBAUM	CO-FOUNDER, PRESIDENT	35.00	Officer Director	$0	$0	$0
TANISHA CARINO	CHAIRMAN, DIRECTOR	2.00	Officer Director	$0	$0	$0
TRACEY SIKORA	CO-FOUNDER, SECRETARY	30.00	Officer Director	$0	$0	$0
ROBERT BATTISTA	TREASURER	2.00	Officer Director	$0	$0	$0
GRANT MITCHELL	CEO	45.00	Officer Director	$0	$0	$0
FREDA LEWIS-HALL	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT MCDONALD	DIRECTOR	1.00	Director	$0	$0	$0
TANIA SIMONCELLI	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$2,443,385	$452,802	$3,270,374	$1,990,583
2022	$316,125	$1,685	$314,440	$314,440
2022	$316,125	$1,685	$314,440	$314,440

EVERY CURE INC