Civic Intelligence

Cure Rare Foundation

990EZ • Fiscal year 2023 • EIN 88-1224171

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

848 Manhattan Beach BlvdManhattan Beach, CA 90266

(310) 545-5400

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

89th percentile

47%

Higher net margin than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

55th percentile

3.8%

Faster asset growth than 55% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

3rd percentile

-90%

Faster revenue growth than 3% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$272,305

Up $9,931 (+3.8%) from 2022

Net Assets

Up

$272,305

Up $12,740 (+4.9%) from 2022

Liabilities

Down

$0

Down $2,809 (-100%) from 2022

Revenue

Down

$26,946

Down $240,054 (-90%) from 2022

Expenses

Up

$14,206

Up $6,771 (+91%) from 2022

Net Income

Down

$12,740

Down $246,825 (-95%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2022: $262,374Liabilities 2022: $2,809Net Assets 2022: $259,5652022Assets 2023: $272,305Liabilities 2023: $0Net Assets 2023: $272,3052023Assets 2024: $274,090Net Assets 2024: $274,0902024

Highlighted filing

2023

Assets$272,305
Liabilities$0
Net Assets$272,305

Operations Trend

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

$300K$200K$100K$0Revenue 2022: $267,000Expenses 2022: $7,435Net Income 2022: $259,5652022Revenue 2023: $26,946Expenses 2023: $14,206Net Income 2023: $12,7402023Revenue 2024: $19,946Expenses 2024: $18,494Net Income 2024: $1,4522024

Highlighted filing

2023

Revenue$26,946
Expenses$14,206
Net Income$12,740
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$26,946
Mission and Program Overview

Mission

Cure Rare Foundation, established in Spring 2022, is a nonprofit organization devoted to funding the research and development of treatments and cures for rare genetic diseases. In the United States, diseases are considered rare when a single condition affects fewer than 200,000 individuals. However, these diseases arent rare at all because over 7,000 rare diseases have been identified and there are over 25,000,000 people living with rare diseases in the US alone! Yet because each individual disease impacts a small population, research and development for treatments and cures are largely underfunded, resulting in less than 5% of rare disease having effective treatments.

Program Services

DescriptionGrantsExpenses
2023 was the first year the foundation was in operation. Grants made were limited due to learning curve.$6,000$8,206
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESSICA LINDERMANPresident & CEO-$0--
Filing and Contact Details

Filer

Filer Name
Cure Rare Foundation
EIN
88-1224171
Phone
3105455400
Address
848 MANHATTAN BEACH BLVD, MANHATTAN BEACH, CA 90266

Signing Officer

Name
Jessica Linderman
Title
President & CEO
Signed
2024-05-08
Supplemental Narrative

Additional Explanations

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $2808 Accounts Payable and Accrued Expenses - Ending $0

Total Liabilities.1

- Beginning $1 - Ending $0

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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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