The Max Cure Foundation Inc

Nonprofit profile at a glance

EIN
263862577
IRS 990 coverage
2010–2023
Forms available
Form 990 2023
Location
Tenafly, NJ, USA
Phone
2015695595
Rating confidence
Limited
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$-51,823
Expenses
$23,681
Assets
$11,987
Liabilities
$8,648

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • DANIEL PFEFFER (DIRECTOR)
  • DAVID PLOTKIN (CHAIRMAN)
  • SAM TOBIAS (DIRECTOR)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation uses contributions to fund research for pediatric cancer drugs, including underwriting a lab at memorial sloan-kettering cancer center, and also financially supports low income families and military families who have children with cancer. It also pursues legislative and regulatory changes that seek to benefit children with cancer and at the same time to raise awareness of issues involving pediatric cancer. In addition, the foundation also donates limited funds to other 501(c)(3)charities not directly related to pediatric cancer causes which assist the foundation in its mission stated above.

What it reported doing in 2023

The foundation uses contributions to fund research for pediatric cancer drugs, including uderwriting a lab at memorial sloan kettering cancer center, and also financially supports low income families and military families who have children with cancer. It also pursues legislative and regulatory changes that seek to benefit children with cancer and at the same time to raise awareness of issues involving pediatric cancer in addition, the foundation also donates limited funds to other 501(c) (3) charities not directly related to pediatric cancer causes but assist the foundation in its mission stated above.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 94
  • Accountability: 88
  • Sustainability: 21
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 63.3%; rating input score 63
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th 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; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: -145.7%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.51; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.72; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -5.9% per year; rating input score 0; 37th percentile among comparable filings
  • Revenue growth: -7.7% per year; rating input score 0; 38th percentile among comparable filings
  • Asset growth: -4.7% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 63.3% of spending went to programs
  • Governance: 4 of 4 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $15K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 12 filing years from 2010 to 2023
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 17/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.