Civic Intelligence

Every Cure Inc.

990 • Fiscal year 2022 • EIN 92-0240717

Aug 15, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

7228 Eads AveLa Jolla, CA 92037

(316) 253-4421

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

56th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

Flat

$314,440

Flat from 2022

Net Assets

Flat

$314,440

Flat from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Flat

$316,125

Flat from 2022

Expenses

Flat

$1,685

Flat from 2022

Net Income

Flat

$314,440

Flat from 2022

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2022: $314,440Liabilities 2022: $0Net Assets 2022: $314,4402022Assets 2022: $314,440Liabilities 2022: $0Net Assets 2022: $314,4402022Assets 2023: $3,270,374Liabilities 2023: $966,302Net Assets 2023: $2,304,0722023Assets 2024: $51,613,641Liabilities 2024: $2,337,747Net Assets 2024: $49,275,8942024

Highlighted filing

2022

Assets$314,440
Liabilities$0
Net Assets$314,440

Operations Trend

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

$60M$40M$20M$0Revenue 2022: $316,125Expenses 2022: $1,685Net Income 2022: $314,4402022Revenue 2022: $316,125Expenses 2022: $1,685Net Income 2022: $314,4402022Revenue 2023: $2,443,385Expenses 2023: $452,802Net Income 2023: $1,990,5832023Revenue 2024: $54,466,208Expenses 2024: $7,434,417Net Income 2024: $47,031,7912024

Highlighted filing

2022

Revenue$316,125
Expenses$1,685
Net Income$314,440
Jump To
Filing Snapshot
Filing Period
Aug 15, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$316,125
Mission and Program Overview

Mission

Every Cure is a nonprofit initiative on a mission to unlock the full potential of existing medicines to treat every disease and every patient they possibly can.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$314,440-
Total Assets$0$314,440▲ $314,440
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$314,440-
Total Net Assets Fund Balance$0$314,440▲ $314,440
Total Liabilities and Net Assets / Fund Balance$0$314,440▲ $314,440
Compensation and Service Providers

Board Members and Trustees

NameTitle
David FajgenbaumChairperson
Bob McDonaldDirector
Freda Lewis-HallDirector
Tania SimoncelliDirector
Tanisha CarinoDirector
Tracey SikoraSecretary
Bob BattistaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$316,125
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$316,125
Change in Net Assets
$314,440
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,685
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
Fees for Services Legal-$980-$980
Office Expenses-$549-$549
Travel-$156-$156
Total Functional Expenses$0$1,685$0$1,685
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
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

Form 990 is presented during a meeting of the board of directors to each member. It is reviewed, discussed, and approved.

Form 990, Part VI, Section C, Line 19

A packet is available upon request at the entitys main location in La Jolla, CA.

Form 990, Part VI, Section B, Line 15B

The Organization reviews compensation on a yearly basis. Compensation is determined by the amount of time devoted to the Organization and based on comparable data as discovered from online resources.

Form 990, Part VI, Section B, Line 12C

The Organization routinely reviews any situiation that arises that may cause a conflict of interest.

Filing and Contact Details

Filer

Filer Name
Every Cure Inc
EIN
92-0240717
Phone
3162534421
Address
7228 Eads Ave, La Jolla, CA 92037

Signing Officer

Name
Grant W Mitchell
Title
President
Phone
3162534421
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Grant W Mitchell
Formed
2022
Legal Domicile
De
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
15

Preparer

Firm
Mrjenovich & Bertucci Ltd
Address
7055 Veterans Blvd Suite D, Burr Ridge, IL 60527
Preparer
Anthony J Bertucci
Phone
6307890200
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