Quick charity verification for Cure Diabetes Inc (EIN: 205730742)
Verdict: Cure Diabetes Inc shows mixed signals
65/100Mission Score
$21KRevenue
$146Assets
3Red Flags
3Strengths
Red Flags
Extremely low assets ($146 in 2023) indicating very limited financial reserves.
Small operational deficit in the latest year (expenses $21,211 vs. revenue $21,087).
Very limited revenue history, suggesting a nascent and potentially unstable funding base.
Strengths
Consistently reports 0% officer compensation, demonstrating a commitment to direct funds to mission.
Shows some growth in revenue from $552 in 2022 to $21,087 in 2023, indicating increasing support.
Lean operational structure with minimal liabilities ($260 in 2023).
Spending Breakdown
How Cure Diabetes Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Cure Diabetes Inc
Is Cure Diabetes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cure Diabetes Inc (EIN: 205730742) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Cure Diabetes Inc a good charity to donate to?
Cure Diabetes Inc has a Mission Score of 65/100. Revenue: $21K. Assets: $146. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cure Diabetes Inc?
The Employer Identification Number (EIN) for Cure Diabetes Inc is 205730742. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Cure Diabetes Inc spend its money?
Cure Diabetes Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cure Diabetes Inc's tax-exempt status?
You can verify Cure Diabetes Inc's tax-exempt status using EIN 205730742 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Cure Diabetes Inc. appears to be a very small, nascent organization with limited financial activity. In its latest filing (2023), it reported $21,087 in revenue against $21,211 in expenses, resulting in a slight deficit. Its assets are minimal at $146, with liabilities of $260. The organization has consistently reported 0% officer compensation across all three filings, which is a positive indicator of resource allocation directly to the mission rather than executive pay. However, the overall scale of operations is extremely small, suggesting a very limited programmatic reach at this stage.
The financial health is fragile given the minimal assets and the slight operational deficit in the most recent year. While the lack of executive compensation is commendable for transparency and efficiency, the organization's ability to sustain and grow its mission with such limited resources and a history of very low revenue (e.g., $1 in 2021) is a significant concern. Its spending efficiency is difficult to fully assess without a detailed breakdown of the $21,211 in expenses, but the absence of officer compensation suggests a lean operational model at the top.
Transparency is good in terms of officer compensation reporting, but the overall financial picture indicates an organization that is still in its very early stages of development and fundraising. Donors should be aware of its extremely limited financial capacity and operational history when considering support. The significant jump in revenue from $552 in 2022 to $21,087 in 2023, while still small, shows some growth, but it's too early to determine long-term stability or impact.