A Cure Is Coming the Michael-ryan

Nonprofit profile at a glance

EIN
205487064
IRS 990 coverage
2010–2016
Forms available
Form 990 2016
Location
Bellevue, WA, USA
Phone
4254663030
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Epilepsy

Official website

Reported finances

Revenue
$111,084
Expenses
$151,948
Assets
$142,285
Liabilities
$5,074

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • MICHAEL-RYAN PATTISON (PRESIDENT)

People named in this filing

  • MICHAEL-RYAN PATTISON (PRESIDENT)
  • IAN WARNER (MEMBER)
  • RYAN GRAMS (VICE PRESIDE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A cure is coming was formed to: raise awareness of the therapeutic needs of individuals with spinal cord injuries, create philanthropic support for the development of a state-of-the-art, specialized restorative therapy center in the seattle area and aid in the ongoing administration and operation of the therapy center and to establish basic foundation funding for other charitable, scientific and educational purposes related to spinal cord injury, within the meaning of section 501(c)(3) of the internal revenue code.

What it reported doing in 2016

This was our 12th annual a cure is coming dinner and auction. 260 guests joined us for food, fun, and a live and silent auction in support of our goal and mission. We raised nearly 136,000 before our expenses. The overall goal of the auction is to keep our donors informed about the progress the foundation is making and to educate them on spinal cord injuries & paralysis. Kennedy from mombasa kenya broke his neck in a diving accident in a swimming pool at school in 1992, then aged 16. Though he still has no grip in his fingers, he learned to paint by clenching the brush between his fingers and paint for a living and as a therapy too. He lost his dear mum who had been his caregiver on june 23, 2011. To deal with the devastating loss, he started a small fun called the momma kennedy and friends mission in her memory. Among them they have donated over 450 goats, cows, sewing machines, chickens, clothes, mobility AIDS etc to needy disabled children from poor, remote and marginalized areas in their coastal town of mombasa. Awarded a 2,000 grant to the sunshine physically challenged foundation to send children with disabilities to summer camp. The sunshine physically challenged foundation was established in 1983 in vancouver, Washington as a nonprofit charitable organization dedicated to serving people with physical disabilities. Our newest program allows us to make a direct impact on the lives of those living with paralysis through the purchase of a standing frame. In 2016 we awarded five frames to individuals living throughout the united states.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 67% for direct work, and 33% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 88
  • Accountability: 76
  • Sustainability: 29
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70%; rating input score 70
  • Program expense ratio: 51.2%; rating input score 51
  • Fundraising efficiency: $0.97 raised per $1 spent on fundraising; rating input score 6; 6th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 92.3%; rating input score 92; 50th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -36.8%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.94; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 72; 72nd percentile among comparable filings

Growth

  • Program expense growth: 14.1% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: -11.4% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -14.2% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 70% of revenue deployed · 51.2% of spending went to programs
  • Governance: 3 of 3 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $78K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 6 filing years from 2010 to 2016
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Financial Efficiency: Program expense ratio scored 51/100.
  • High — Financial Efficiency: Fundraising efficiency scored 6/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.