Best Cure Foundation Inc
- Assets
- $9.3k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, VA
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 94-3443743
Organization Overview
Best Cure Foundation Inc is located in Springfield, VA. The organization was established in 2009. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Best Cure Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Best Cure Foundation Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $49.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURE FOUNDATION HAS PROMOTED LOWERING THE COST OF HEALTHCARE WORLDWIDE BY 30 PERCENT OR MORE, LAUNCHING A TOTAL HEALTH PROGRAM, INCREASING TRANSPARENCY IN HEALTHCARE, AND ESTABLISHING SELF-SUSTAINING, NON-GOVERNMENTAL MEDICAL CENTERS, AS WELL AS TO ESTABLISH OTHER RELATED HEALTH CARE ORGANIZATIONS.
CURE ESTABLISHED THE CURE INSTITUTE OF MEDICAL PHYSICS (IN PITTSBURGH PA) AND THE CURE INSTITUTE OF HEALTH PHYSICS (IN NASHVILLE TN) AND THE CURE INSTITUTE OF PARTICLE PHYSICS IN ORDER TO FACILITATE THE ACHIEVEMENT OF ITS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Krishnan Suthanthiran President | 2 | $0 | |
Ruth Bergin Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,200,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,269 |
| Total Revenue | $2,201,269 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $85 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,609 |
| Printing and publications | $0 |
| Other expenses | $1,885 |
| Total operating and administrative expenses | $49,279 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $49,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,162 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,133 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,295 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,944,704 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,944,704 |