Medical Research
(H12)
IRS Verified
DX Registered
990 on File
CURE ADDICTION NOW -C A N -
Financial strength (30%)
77/100
Reliability (20%)
45/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Cure Addiction Now (CAN) is dedicated to the understanding, treatment, and ultimate cure of “drug addiction” , scientifically known as substance use disorder (SUD) while simultaneously addressing the importance of mental health as an integral part of the solution. Funding cutting-edge research and its clinical translation through a collaborative program is the core focus of the foundation. In addition to creating new therapies to help stop the deadly cycle of SUD, we hope to eliminate the negative stigma of this disease and ultimately find a cure for the brain’s “addiction” to drugs.
Financial Overview — FY 2023
$504K
Total Revenue
$625K
Total Expenses
$881K
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.4%
Fundraising Efficiency
N/A
Operating Reserve
16.91x
Liability-to-Asset
0.0%
Revenue Diversification
100.0%
Compared with Peers
FY 2023
Compared with 1,004 similar organizations
(United States, Medical Research, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.4% | 86.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.7% | 10.6% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
16.9 mo | 13.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 95.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-46.5% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.7% | 12.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-23.9% | -0.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $504K | $625K | $881K | 85.4% | 4 |
| 2022 | $942K | $565K | $1.0M | 90.2% | 3 |
| 2021 | $755K | $260K | N/A | — | 0 |
| 2019 | $0 | $0 | N/A | — | 1 |
| 2018 | $0 | $0 | N/A | — | 1 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.