Civic Intelligence

Cure Alliance

990 • Fiscal year 2020 • EIN 47-4390469

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 03, 2021

Organization ProfileWWW.THECUREALLIANCE.ORG
550 Bay Point RoadMiami, FL 33137

(305) 243-6913

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

27th percentile

0.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

86th percentile

42%

Higher net margin than 86% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

88th percentile

83%

Faster asset growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

100th percentile

2244%

Faster revenue growth than 100% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$698,822

Up $317,749 (+83%) from 2019

Net Assets

Up

$698,822

Up $317,749 (+83%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin86th percentile

Revenue

Up

$764,838

Up $732,213 (+2244%) from 2019

Expenses

Up

$447,089

Up $301,924 (+208%) from 2019

Net Income

Up

$317,749

Up $430,289 (+382%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2015: $73,486Liabilities 2015: $0Net Assets 2015: $73,4862015Assets 2016: $73,486Liabilities 2016: $0Net Assets 2016: $73,4862016Assets 2017: $249,477Liabilities 2017: $0Net Assets 2017: $249,4772017Assets 2018: $493,613Liabilities 2018: $0Net Assets 2018: $493,6132018Assets 2019: $381,073Liabilities 2019: $0Net Assets 2019: $381,0732019Assets 2020: $698,822Liabilities 2020: $0Net Assets 2020: $698,8222020Assets 2021: $622,860Liabilities 2021: $0Net Assets 2021: $622,8602021Assets 2022: $721,123Liabilities 2022: $0Net Assets 2022: $721,1232022Assets 2023: $541,302Liabilities 2023: $0Net Assets 2023: $541,3022023Assets 2024: $584,478Liabilities 2024: $0Net Assets 2024: $584,4782024

Highlighted filing

2020

Assets$698,822
Liabilities$0
Net Assets$698,822
Open 2020 Filing

Operations Trend

Revenue Growth100th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2015: $77,134Expenses 2015: $3,648Net Income 2015: $73,4862015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $250,000Expenses 2017: $74,009Net Income 2017: $175,9912017Revenue 2018: $308,553Expenses 2018: $64,417Net Income 2018: $244,1362018Revenue 2019: $32,625Expenses 2019: $145,165Net Income 2019: -$112,5402019Revenue 2020: $764,838Expenses 2020: $447,089Net Income 2020: $317,7492020Revenue 2021: $112,912Expenses 2021: $188,874Net Income 2021: -$75,9622021Revenue 2022: $248,225Expenses 2022: $149,962Net Income 2022: $98,2632022Revenue 2023: $183,399Expenses 2023: $363,220Net Income 2023: -$179,8212023Revenue 2024: $302,092Expenses 2024: $258,916Net Income 2024: $43,1762024

Highlighted filing

2020

Revenue$764,838
Expenses$447,089
Net Income$317,749
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 3, 2021
Return Version
2020v4.0
Gross Receipts
$764,838
Mission and Program Overview

Mission

The cure alliance is an invitation-only non-profit group of scientists, researchers, medical doctors & innovators, plus those who support their efforts to end suffering by developing cure for chronic, debilitating and fatal diseases. Our 1 goal is to help accelerate potential cures from the laboratory to teh bedside. In that effort, we support bipartisan proposals to streamline regulations and equip our federal agencies with the tools needed to keep pace with innovation and precision medicine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$381,073$698,822▲ $317,749
Total Assets$381,073$698,822▲ $317,749
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$381,073$698,822▲ $317,749
Total Net Assets Fund Balance$381,073$698,822▲ $317,749
Total Liabilities and Net Assets / Fund Balance$381,073$698,822▲ $317,749

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$12,300$12,300
Compensation and Service Providers
Top Officer Pay51st percentile

Board Members and Trustees

NameTitle
Shelley RossPresident
Dr Charles BrunicardiSecretary
Dr Camillo RicordiTreasurer/fo
Revenue and Support

Revenue Composition

Contributions and Grants
$764,838
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$764,838
Change in Net Assets
$317,749
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$447,089
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$42,970--$42,970
Fees for Services Other$30,625--$30,625
Depreciation Depletion$12,300--$12,300
Other Expenses$10,233--$10,233
Fees for Services Accounting$811--$811
Insurance$150--$150
Total Functional Expenses$447,089$0$0$447,089
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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 11B

“Paid preparer provides board copies of the form 990 before it is filed with the irs. All questions regarding the form 990 are directed to the paid preparer and president”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
The Cure Alliance Inc
EIN
47-4390469
Phone
3052436913
Address
550 BAY POINT ROAD, MIAMI, FL 33137

Signing Officer

Name
Dr Camillo Ricordi
Title
Treasurer/founder
Phone
3052436913
Signed
2021-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Camillo Ricordi
Formed
2015
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Smith Buzzi & Associates LLC
Address
9425 SUNSET DR STE 180, MIAMI, FL 33173-3290
Preparer
Jose E Smith
Phone
3055986701
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The cure alliance is an invitation-only non-profit group of scientists, researchers, medical doctors & innovators, plus those who support their efforts to end suffering by developing cure for chronic, debilitating and fatal diseases. Our 1 goal is to help accelerate potential cures from the laboratory to teh bedside. In that effort, we support bipartisan proposals to streamline regulations and equip our federal agencies with the tools needed to keep pace with innovation and precision medicine.”

Form 990, Page 2, Part III, Line 4D

“Diabetes research institute foundation - provide the funding necessary to cure diabetes now -”

Raw XML Appendix261 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CURE ALLIANCE IS AN INVITATION-ONLY NON-PROFIT GROUP OF SCIENTISTS, RESEARCHERS, MEDICAL DOCTORS & INNOVATORS, PLUS THOSE WHO SUPPORT THEIR EFFORTS TO END SUFFERING BY DEVELOPING CURE FOR CHRONIC, DEBILITATING AND FATAL DISEASES. OUR 1 GOAL IS TO HELP ACCELERATE POTENTIAL CURES FROM THE LABORATORY TO TEH BEDSIDE. IN THAT EFFORT, WE SUPPORT BIPARTISAN PROPOSALS TO STREAMLINE REGULATIONS AND EQUIP OUR FEDERAL AGENCIES WITH THE TOOLS NEEDED TO KEEP PACE WITH INNOVATION AND PRECISION MEDICINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIABETES RESEARCH INSTITUTE FOUNDATION - PROVIDE THE FUNDING NECESSARY TO CURE DIABETES NOW -
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAID PREPARER PROVIDES BOARD COPIES OF THE FORM 990 BEFORE IT IS FILED WITH THE IRS. ALL QUESTIONS REGARDING THE FORM 990 ARE DIRECTED TO THE PAID PREPARER AND PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/Filer/BusinessNameControlTxt0CURE
ReturnHeader/Filer/EIN0474390469
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-10
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ReturnHeader/ReturnTs02021-11-10T11:16:50-06:00
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$698,822
Liabilities
$0
Net assets
$698,822
Revenue
$764,838
Expenses
$447,089
Net income
$317,749
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.84$0.00$5.84$3.02$2.59$0.43
2023Detailed filing. Detailed filing data is available for this year.$5.41$0.00$5.41$1.83$3.63$1.80
2022Detailed filing. Detailed filing data is available for this year.$7.21$0.00$7.21$2.48$1.50$0.98
2021Detailed filing. Detailed filing data is available for this year.$6.23$0.00$6.23$1.13$1.89$0.76
2020Detailed filing. Detailed filing data is available for this year.$6.99$0.00$6.99$7.65$4.47$3.18
2019Detailed filing. Detailed filing data is available for this year.$3.81$0.00$3.81$0.33$1.45$1.13
2018Detailed filing. Detailed filing data is available for this year.$4.94$0.00$4.94$3.09$0.64$2.44
2017Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$2.50$0.74$1.76
2016Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.77$0.04$0.73