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Nonprofiteer
← EVERY CURE INC

Form 990 for tax year 2023

Filed by EVERY CURE INC.

Totals

Total revenue
$2,443,385
Total expenses
$452,802
Contributions and grants received
$2,433,649
Grants paid
$0
Program service revenue
$0
Investment income
$9,736
Other revenue
$0
Total assets, end of year
$3,270,374
Total liabilities, end of year
$966,302
Net assets or fund balances, end of year
$2,304,072
Program services expenses (Part IX)
$400,032
Management and general expenses
$51,001
Fundraising expenses
$1,769
Program service expenses (Part III)
$400,032

Program services were 88.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,433,649

  • 3 · Investment income

    total $9,736 · excluded $9,736

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $116,667 · program services $99,167 · management and general $17,500

  • 11b · Fees: legal

    total $33,748 · program services $31,737 · management and general $2,011

  • 11c · Fees: accounting

    total $9,668 · program services $9,092 · management and general $576

  • 12 · Advertising and promotion

    total $4,914 · program services $4,794 · management and general $120

  • 13 · Office expenses

    total $1,113 · program services $987 · management and general $126

  • 14 · Information technology

    total $5,323 · program services $4,714 · management and general $609

  • 17 · Travel

    total $17,634 · program services $17,634

  • 24a · Other expenses: SUBCONTRACTED SERVICES

    total $256,088 · program services $226,519 · management and general $29,569 · fundraising $0

  • 24b · Other expenses: MEALS

    total $2,360 · program services $2,227 · management and general $133 · fundraising $0

  • 24c · Other expenses: MISCELLANEOUS EXPENSE

    total $2,040 · program services $1,806 · management and general $234 · fundraising $0

  • 24d · Other expenses: DUES AND SUBSCRIPTION

    total $1,575 · program services $788 · management and general $50 · fundraising $737

  • 24e · All other expenses

    total $1,672 · program services $567 · management and general $73 · fundraising $1,032

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $314,440 · end of year $361,795

  • 2 · Savings and temporary cash investments

    end of year $2,743,659

  • 3 · Pledges and grants receivable

    end of year $150,000

  • 9 · Prepaid expenses and deferred charges

    end of year $5,184

  • 15 · Other assets

    beginning of year $0 · end of year $9,736

  • 17 · Accounts payable and accrued expenses

    end of year $284,313

  • 19 · Deferred revenue

    end of year $681,989

  • 27 · Net assets without donor restrictions

    beginning of year $314,440 · end of year $2,185,075

  • 28 · Net assets with donor restrictions

    end of year $118,997

Mission and programs · 2023

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.

Activities or mission (Part I)

SEE SCHEDULE O.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.

  • EVERY CURE IS WORKING TOWARD THE ESTABLISHMENT OF AN OPEN-SOURCED, END-TO-END MACHINE-LEARNING ANALYTICS PLATFORM, WHICH WILL HELP ENABLE RAPID AND SYSTEMATIC ANALYSIS OF THE WORLD'S BIOMEDICAL KNOWLEDGE TO QUANTIFY THE STRENGTH OF MORE THAN 66 MILLION DRUG-DISEASE MATCHES FROM A DATA SET OF MORE THAN 22,000 DISEASES AND 3,000 EXISTING DRUGS.

    Expenses $400,032

As filed on the 2023 return.

Listed in Part VII

  • David Fajgenbaum

    CO-FOUNDER, PRESIDENT

    Total calculated
    $0
    Hours/week
    35
  • Tanisha Carino

    CHAIRMAN, DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Tracey Sikora

    CO-FOUNDER, SECRETARY

    Total calculated
    $0
    Hours/week
    30
  • Robert Battista

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Grant Mitchell

    CEO

    Total calculated
    $0
    Hours/week
    45
  • Freda Lewis-Hall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert McDonald

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tania Simoncelli

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
6 November 2024
IRS schema version
2023v5.1
Source object
202423119349300427

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