Civic Intelligence

The Foundation for a Cure for Mitochondrial Disease Inc

EIN 06-1602020 • 501(c)3 • Cheshire, CT

Profile

The foundation for a cure for mitochondrial disease, inc. Exists to support research to find medical hope for children and adults afflicted with various forms of mitochondrial disease. To that end, the foundation studies various research projects being considered or conducted around the united states and helps to fund the programs found most promising.

81 Wood Pond RoadCheshire, CT 06410

www.mitocure.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

30th percentile

-4.1%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

66th percentile

10.0%

Faster asset growth than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

83%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,811,700

Up $345,739 (+10.0%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$3,811,700

Up $345,739 (+10.0%) from 2023

Revenue

Up

$368,254

Up $167,329 (+83%) from 2023

Expenses

Up

$383,354

Up $278,676 (+266%) from 2023

Net Income

Down

-$15,100

Down $111,347 (-116%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,251,492Liabilities 2011: $0Net Assets 2011: $1,251,4922011Assets 2012: $1,283,657Liabilities 2012: $0Net Assets 2012: $1,283,6572012Assets 2013: $1,188,363Liabilities 2013: $0Net Assets 2013: $1,188,3632013Assets 2014: $1,117,829Liabilities 2014: $0Net Assets 2014: $1,117,8292014Assets 2015: $1,986,667Liabilities 2015: $229,934Net Assets 2015: $1,756,7332015Assets 2016: $2,350,014Liabilities 2016: $0Net Assets 2016: $2,350,0142016Assets 2017: $2,562,478Liabilities 2017: $0Net Assets 2017: $2,562,4782017Assets 2018: $2,504,387Liabilities 2018: $0Net Assets 2018: $2,504,3872018Assets 2019: $2,936,534Liabilities 2019: $0Net Assets 2019: $2,936,5342019Assets 2020: $3,112,193Liabilities 2020: $0Net Assets 2020: $3,112,1932020Assets 2021: $3,406,125Liabilities 2021: $0Net Assets 2021: $3,406,1252021Assets 2022: $3,067,635Liabilities 2022: $0Net Assets 2022: $3,067,6352022Assets 2023: $3,465,961Liabilities 2023: $0Net Assets 2023: $3,465,9612023Assets 2024: $3,811,700Liabilities 2024: $0Net Assets 2024: $3,811,7002024

Highlighted filing

2024

Assets$3,811,700
Liabilities$0
Net Assets$3,811,700

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $66,7072011Expenses 2012: $168,5482012Revenue 2013: $214,647Expenses 2013: $306,390Net Income 2013: -$91,7432013Revenue 2014: $253,366Expenses 2014: $320,519Net Income 2014: -$67,1532014Revenue 2015: $940,250Expenses 2015: $302,190Net Income 2015: $638,0602015Revenue 2016: $928,998Expenses 2016: $319,919Net Income 2016: $609,0792016Revenue 2017: $326,429Expenses 2017: $211,766Net Income 2017: $114,6632017Revenue 2018: $306,349Expenses 2018: $301,336Net Income 2018: $5,0132018Revenue 2019: $293,251Expenses 2019: $99,323Net Income 2019: $193,9282019Revenue 2020: $163,540Expenses 2020: $96,770Net Income 2020: $66,7702020Revenue 2021: $277,765Expenses 2021: $171,800Net Income 2021: $105,9652021Revenue 2022: $222,742Expenses 2022: $168,698Net Income 2022: $54,0442022Revenue 2023: $200,925Expenses 2023: $104,678Net Income 2023: $96,2472023Revenue 2024: $368,254Expenses 2024: $383,354Net Income 2024: -$15,1002024

Highlighted filing

2024

Revenue$368,254
Expenses$383,354
Net Income-$15,100

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.81$0.00$3.81$0.37$0.38$0.02
2023Detailed filing. Detailed filing data is available for this year.$3.47$0.00$3.47$0.20$0.10$0.10
2022Detailed filing. Detailed filing data is available for this year.$3.07$0.00$3.07$0.22$0.17$0.05
2021Detailed filing. Detailed filing data is available for this year.$3.41$0.00$3.41$0.28$0.17$0.11
2020Detailed filing. Detailed filing data is available for this year.$3.11$0.00$3.11$0.16$0.10$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.94$0.00$2.94$0.29$0.10$0.19
2018Detailed filing. Detailed filing data is available for this year.$2.50$0.00$2.50$0.31$0.30$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$0.33$0.21$0.11
2016Detailed filing. Detailed filing data is available for this year.$2.35$0.00$2.35$0.93$0.32$0.61
2015Detailed filing. Detailed filing data is available for this year.$1.99$0.23$1.76$0.94$0.30$0.64
2014Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.25$0.32$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.21$0.31$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.00$1.28$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.00$1.25$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 7, 2025
Return Version
2024v5.0
Gross Receipts
$1,888,905
Mission and Program Overview

Mission

The foundation for a cure for mitochondrial disease, inc. Exists to support research to find medical hope for children and adults afflicted with various forms of mitochondrial disease. To that end, the foundation studies various research projects being considered or conducted around the united states and helps to fund the programs found most promising.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,790,819$3,609,378▲ $818,559
Investments Other Securities$187,221$178,201▼ $9,020
Cash and Non-Interest-Bearing Accounts$16,368$21,166▲ $4,798
Savings and Temporary Cash Investments$471,553$2,955▼ $468,598
Total Assets$3,465,961$3,811,700▲ $345,739
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,465,961$3,811,700▲ $345,739
Total Net Assets Fund Balance$3,465,961$3,811,700▲ $345,739
Total Liabilities and Net Assets / Fund Balance$3,465,961$3,811,700▲ $345,739
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$171,312
Program Service Revenue
$0
Investment Income
$173,578
Other Revenue
$23,364
All Other Contributions
$90,312
Change in Net Assets
$-15,100

Audited Revenue Reconciliation

Revenue per Audited Statements
$368,254
Total Revenue per Audited Statements
$368,254
Total Revenue per Form 990
$368,254
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$351,130
Other Expenses$32,224
Total Fundraising Expense$1,150
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$351,130--$351,130
Fees for Services Accounting-$2,790-$2,790
Advertising--$1,150$1,150
Insurance-$613-$613
Fees for Services Other-$335-$335
Other Expenses-$189-$189
Total Functional Expenses$351,130$31,074$1,150$383,354

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$383,354
Total Expenses per Audited Statements$383,354
Total Expenses per Form 990$383,354
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Meei ResearchBoston, MA-Medical Research$175,000
The Research Fund for SunyAlbany, NY501c3Medical Research$101,130
Pheno Matrix IncBoston, MA501c3Medical Research$75,000

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$65,359
Fundraising Direct Expenses$45,123
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Music Event$146,359$65,359$45,123$20,236
Total Events$146,359$65,359$45,123$20,236
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

William cunningham sandra cunningham president vice presdnt spouse william cunningham gregg cunningham president secretary sibling

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed by the treasurer and the president with the engagement partner from the accounting firm, the return is then presented to the board of directors for final review before the ultimate filing.

Form 990, Page 6, Part VI, Line 19

The governing documents of the organization are made available upon the written request from any member of the public.

Filing and Contact Details

Filer

Filer Name
The Foundation for a Cure for
EIN
06-1602020
Phone
2032712436
Address
81 WOOD POND ROAD, CHESHIRE, CT 06410

Signing Officer

Name
William Cunningham
Title
President
Phone
2032712436
Signed
2025-09-07

Organization Details

Principal Officer
William Cunningham
Formed
2000
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
7
Employees
0
Volunteers
15

Preparer

Firm
Budwitz & Meyerjack Pc
Address
1122 HIGHLAND AVE, CHESHIRE, CT 06410-1654
Preparer
David a Pelletier CPA
Phone
2032721621
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The foundation for a cure for mitochondrial disease, inc. Exists to support research to find medical hope for children and adults afflicted with various forms of mitochondrial disease. To that end, the foundation studies various research projects being considered or conducted around the united states and helps to fund the programs found most promising.

Form 990, Page 1, Part I, Line 6

The volunteers consist of the board members along with the volunteers who organize and run the annual fundraising envent. The volunteers are uncompensated and receive no services or benefits from the foundation.

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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MEDICAL RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1MEDICAL RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2MEDICAL RESEARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PHENO MATRIX INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1THE RESEARCH FUND FOR SUNY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2MEEI RESEARCH
IRS990ScheduleI/RecipientTable/RecipientEIN0043491968
IRS990ScheduleI/RecipientTable/RecipientEIN1141368361
IRS990ScheduleI/RecipientTable/RecipientEIN2042103591
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt09 HAWTHORNE PLACE SUITE 4R
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 9
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2243 CHARLES STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BOSTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ALBANY
IRS990ScheduleI/RecipientTable/USAddress/CityNm2BOSTON
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MA
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION REQUIRES THAT THE RECIPIENT ORGANIZATIONS PROVIDE INFORMATION AND RESULTS OF THEIR RESEARCH ACTIVITIES
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt02
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION FOR A CURE FOR MITOCHONDRIAL DISEASE, INC. EXISTS TO SUPPORT RESEARCH TO FIND MEDICAL HOPE FOR CHILDREN AND ADULTS AFFLICTED WITH VARIOUS FORMS OF MITOCHONDRIAL DISEASE. TO THAT END, THE FOUNDATION STUDIES VARIOUS RESEARCH PROJECTS BEING CONSIDERED OR CONDUCTED AROUND THE UNITED STATES AND HELPS TO FUND THE PROGRAMS FOUND MOST PROMISING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE VOLUNTEERS CONSIST OF THE BOARD MEMBERS ALONG WITH THE VOLUNTEERS WHO ORGANIZE AND RUN THE ANNUAL FUNDRAISING ENVENT. THE VOLUNTEERS ARE UNCOMPENSATED AND RECEIVE NO SERVICES OR BENEFITS FROM THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WILLIAM CUNNINGHAM SANDRA CUNNINGHAM PRESIDENT VICE PRESDNT SPOUSE WILLIAM CUNNINGHAM GREGG CUNNINGHAM PRESIDENT SECRETARY SIBLING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS REVIEWED BY THE TREASURER AND THE PRESIDENT WITH THE ENGAGEMENT PARTNER FROM THE ACCOUNTING FIRM, THE RETURN IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR FINAL REVIEW BEFORE THE ULTIMATE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS OF THE ORGANIZATION ARE MADE AVAILABLE UPON THE WRITTEN REQUEST FROM ANY MEMBER OF THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
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