Cure RTD Foundation

Nonprofit profile at a glance

EIN
820864340
IRS 990 coverage
2019–2025
Forms available
Form 990 2025, Form 990-N 2018
Location
Red Oak, TX, USA
Phone
9728610415
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$559,449
Expenses
$255,108
Assets
$1,635,724
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Chad Griffith (President)

Highest reported compensation

  • Carly Gilbert (VP / Treasurer): $15,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To encourage, guide, and fund additional research to improve understanding, diagnosis, and treatment of Riboflavin Transporter Deficiency ("RTD").

What it reported doing in 2025

Cure RTD Foundation is proud to have funded the five following research projects in advancement of the understanding and treatment of RTD:(a) $107,000 to Fondazione Bambino Gesu Ente Filantropico, a children's research hospital in Rome, Italy. The research project is titled "Unveiling the Underpinning of Mitochondrial Bioenergetics in RTD Motoneurons and Evaluation of Nerve Growth Factor Treatment as Therapeutic Treatment.(b) $52,000 to Children's Medical Research Institute in Australia. This is our second payment on a 2-year grant to begin understanding the eye defects of RTD patients by developing iPSC-derived Retinal Organoids: a 3D model to test the efficacy of the AAV Gene Therapy.(c) $50,000 to University of California, Irvine for a research project titled: "Post-translational modification (PTM) of hRFVT2 in human neuronal cells." The overall goal is to understand the molecular mechanisms regulating RF body homeostasis to design effective therapies for conditions like RTD. The working hypothesis is that hRFVT2 PTMs may be dysregulated in RTD pathologies, and the specific aim is to investigate the role and consequences of hRFVT2 post-translational modifications in the human fibroblast/neuronal system. The expected results will provide information on the neuronal RF transport process under normal conditions and how it is dysregulated in RTD, ultimately assisting in designing effective therapeutic strategies.(d) $14,350 to The Jackson Laboratory to fund a study titled "Pilot Biomarker Evaluation for Riboflavin Transport Deficiency (RTD)" with a purpose to validate histopathological and metabolomic/lipidomic as markers for RTD in B6.(e) $9,450 to UT Southwestern Medical Center for research on a SCL52A2 gene therapy project.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 83
  • Accountability: 78
  • Sustainability: 85
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 44.9%; rating input score 45
  • Program expense ratio: 91.5%; rating input score 91
  • Fundraising efficiency: $96.22 raised per $1 spent on fundraising; rating input score 84; 84th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 21st percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 54.4%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 6.41; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 5.9%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 23.4% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 13% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 27.4% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 44.9% of revenue deployed · 91.5% of spending went to programs
  • Governance: 4 of 5 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $233K in reported program spending
  • Leadership: top reported pay $15K · 5 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 5 filed schedules · includes major donors, foreign activity, and grants
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
  • Moderate — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.