Project Cure INC EIN 52-1317559 Form 990 (PDF) Claim this org

Project Cure INC

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Promotes public awareness of cutting-edge disease prevention and treatment strategies. For fiscal year 2025 it reported $4.7M in revenue, $4.7M in expenses, and $-2.8M in net assets.Pt I

Founded
1979
Type
Membership association · Nonprofit
Location
Lakewood Ranch, FL
Website
www.naturalhealthline.com
Filings
6 on file (2020–2025)
Revenue
$4.7MFY2025
Expenses
$4.7M
Net assets
$-2.8M
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  52-1317559 Membership association Lakewood Ranch, FL Founded 1979
Form 990 (PDF)
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Figures match the IRS filing checked 8/26/26 · see original: IRS
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Size
$1–10M
What they do
Promotes public awareness of cutting-edge disease prevention and treatment strategies.
Leadership
Michael Evers · President · $216K
Money in and out
$4.7M revenue, $4.7M expenses
Bottom line
+0.9% operating surplus
Membership & operating revenue · FY2025
Total revenue
$4.7M
Pt VIII · Ln 12
Total expenses
$4.7M
Pt IX · Ln 25
Net assets
$-2.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $44K
Where spending went · Part IX cols B–D
Program services $0.27 Management & general $0.02 Fundraising $0.72
Operating surplus
+0.9%
revenue over expenses▼ -56% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Payroll share
5%
of spending is salaries & benefits▼ -15% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$4.7M
FY2025▲ +13%
Expenses
$4.7M
FY2025▲ +14%
Total assets
$293K
FY2025▲ +3%
Total liabilities
$3.1M
FY2025▼ -1%
Total revenue
$4.7M
Pt VIII · Ln 12
Total expenses
$4.7M
Pt IX · Ln 25
Net assets
$-2.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$44K
Total assetsPt X · Ln 16$293K
Program-expense ratioPt IX · col B27%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProject Cure INC
EINHdr · item D52-1317559
Principal addressHdr · item CLakewood Ranch, FL
WebsiteHdr · item Jwww.naturalhealthline.com
Year of formationHdr · item L1979
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFFeb 1984

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$216,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Michael Evers$216,000$225,000$225,000$225,000$225,000$256,000
Scott Anderson$40,000$25,000$10,000

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

3 program services account for $1.1M of program spending, described in the organization's own filed words · FY2025.
01

Alzheimer's Disease Program Service Accomplishments

-continued promoting our e-book, anti-alzheimer's action guide, available for download on the amazon kindle website. The book became a 1 bestseller in four separate categories when it was released.

$678Kprogram expense
02

Diabetes program service accomplishments- -the organization helped persuade congress to continue funding the national center for complementary and integrative health at 170 million for FY2025.

$331Kprogram expense
03

Fund for integrative cancer treatment and prevention accomplishments - -the organization helped persuade congress to continue funding the national center for complementary and integrative health at 170 million for FY2025.

$138Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$4.7M
Other revenue$3K
Total revenueLn 12$4.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.27 Management & general $0.02 Fundraising $0.72
Program services27%$1.2M
Management & general2%$75K
Fundraising72%$3.3M
Total functional expensesLn 25$4.7M

Balance Sheet

Part X · end of year
CashLn 1$216K
Total assetsLn 16$293K
Total liabilitiesLn 26$3.1M
Total net assetsLn 32$-2.8M
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $216K · Operating expenses/yr $4.7M
0.6 months
Where the money goes
Program services
Program services $1.2M · Total expenses $4.7M
27%
Management & General
Management & general $75K · Total expenses $4.7M
2%
Fundraising
Fundraising $3.3M · Total expenses $4.7M
72%
Cost to raise $1
Fundraising expense (3-yr avg) $3.0M · Solicited contributions (3-yr avg) $4.1M
$0.72 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $4.7M · Total revenue $4.7M
100%
Government reliance
Government grants — · Total revenue $4.7M
Earned-income share
Program service revenue $0 · Total revenue $4.7M
0%
Investment reliance
Investment income $0 · Total revenue $4.7M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $4.7M
0%
Growth & trend
Revenue growth (YoY)
This year $4.7M · Prior year $4.2M
+13%
Revenue CAGR
FY2020 $4.6M · FY2025 $4.7M
+0.5%
Net-asset trend (YoY)
End of year $-2.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.7M · Expenses $4.7M
+0.9%
Liabilities-to-Assets
Total liabilities — · Total assets $293K
Net-asset ratio
Net assets $-2.8M · Total assets $293K
-951%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $293K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michael Evers · Reported title PRESIDENT · Highest reported compensation $216K · Total expenses $4.7M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $230K · Total expenses $4.7M
5%
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $359K · Gross raised $4.5M
8%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 27%
Overhead ratio 2%
Fundraising cost ratio 71%
Revenue growth 13%

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.

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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
FY2025 (Latest)$4.7M revenue · viewing · ⤓ 990 PDF
FY2024$4.2M revenue · ⤓ 990 PDF
FY2023$3.5M revenue · ⤓ 990 PDF
FY2022$3.9M revenue · ⤓ 990 PDF
FY2021$4.6M revenue · ⤓ 990 PDF
FY2020$4.6M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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