Cura Foundation EIN 26-1150435 Form 990 (PDF) Claim this org

Cura Foundation

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Improves human health and quality of life worldwide. For fiscal year 2024 it reported $274K in revenue, $420K in expenses, and $192K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
New York, NY
Website
thecurafoundation.org
Filings
7 on file (2018–2024)
Revenue
$274KFY2024
Expenses
$420K
Net assets
$192K
People
3
Filings
7
Updates
0
More identity details & actions ⌄
EIN  26-1150435 Public charity (501(c)(3)) New York, NY
Form 990 (PDF)
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Size
$100K–1M
What they do
Improves human health and quality of life worldwide.
Leadership
Joseph Talamo · Treasurer · $24K
Money in and out
$274K revenue, $420K expenses
Bottom line
56% program efficiency
Where the money goes · FY2024
Total revenue
$274K
Pt VIII · Ln 12
Total expenses
$420K
Pt IX · Ln 25
Net assets
$192K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$147K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.30 Fundraising $0.14
Program efficiency
56%
of spending reaches programs▼ -15% vs prior filing year
Operating runway
2.8mo
months of highly liquid reserves at operating expense rate▼ -39% vs prior filing year
Surplus margin
-54%
revenue over expenses, this year▲ +73% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$274K
FY2024▼ -15%
Expenses
$420K
FY2024▼ -56%
Total assets
$208K
FY2024▼ -59%
Total liabilities
$16K
FY2024▼ -88%
Total revenue
$274K
Pt VIII · Ln 12
Total expenses
$420K
Pt IX · Ln 25
Net assets
$192K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$147K
Total assetsPt X · Ln 16$208K
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCura Foundation
EINHdr · item D26-1150435
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jthecurafoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P24)
Ruling yearIRS BMFJun 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$24,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Dr Max Gomez$110,000$50,000$2,500
Joseph Talamo$24,000$84,000$97,000$87,000$73,000$61,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $235K of program spending, described in the organization's own filed words · FY2024.
01

The foundation raises global awareness about disease prevention and cell therapy treatment and fosters a collaborative dialogue between scientists, regulatory agencies, ministers of health, patient advocates, physicians, ethicists, philanthropists, leaders of faith, government officials and industry personnel.

$235Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$274K
Total revenueLn 12$274K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.30 Fundraising $0.14
Program services56%$235K
Management & general30%$125K
Fundraising14%$60K
Total functional expensesLn 25$420K

Balance Sheet

Part X · end of year
CashLn 1$98K
Total assetsLn 16$208K
Total liabilitiesLn 26$16K
Total net assetsLn 32$192K
Months of cash on handcomputed2.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $98K · Operating expenses/yr $420K
2.8 months
Where the money goes
Program services
Program services $235K · Total expenses $420K
56%
Management & General
Management & general $125K · Total expenses $420K
30%
Fundraising
Fundraising $60K · Total expenses $420K
14%
Cost to raise $1
Fundraising expense (3-yr avg) $84K · Solicited contributions (3-yr avg) $247K
$0.34 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $274K · Total revenue $274K
100%
Government reliance
Government grants — · Total revenue $274K
Earned-income share
Program service revenue $0 · Total revenue $274K
0%
Investment reliance
Investment income $0 · Total revenue $274K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $420K
0%
Growth & trend
Revenue growth (YoY)
This year $274K · Prior year $321K
-15%
Revenue CAGR
FY2018 $7.2M · FY2024 $274K
-42%
Net-asset trend (YoY)
End of year $192K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $274K · Expenses $420K
-54%
Liabilities-to-Assets
Total liabilities — · Total assets $208K
Net-asset ratio
Net assets $192K · Total assets $208K
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $208K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joseph Talamo · Reported title TREASURER · Highest reported compensation $24K · Total expenses $420K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $121K · Total expenses $420K
29%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 30%
Fundraising cost ratio 22%
Revenue growth -15%
Legal fee ratio 5%
Accounting fee ratio 10%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$100K
Grants paid · 8 grants · $753K · 2019–2022
Wnicer InstituteFY2022$27,000
Wnicer InstituteFY2021$31,500
Bauerin Consultants LLCFY2021$26,100
The Marcus FoundationFY2020$173,010
The Marcus FoundationFY2020$173,010
Wnicer InstituteFY2020$116,100
Wnicer InstituteFY2020$116,100
Wnicer InstituteFY2019$90,434

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$274K revenue · viewing · ⤓ 990 PDF
FY2023$321K revenue · ⤓ 990 PDF
FY2022$146K revenue · ⤓ 990 PDF
FY2021$858K revenue · ⤓ 990 PDF
FY2020$10.0M revenue · ⤓ 990 PDF
FY2019$1.8M revenue · ⤓ 990 PDF
FY2018$7.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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