CURE International

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 8/21/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

CURE International transforms the lives of disabled children and their families in the developing world through medical and spiritual healing, serving all by establishing specialty teaching hospitals, building partnerships and advocating for these children. CURE incorporates a faith component in a culturally relevant and sensitive manner ensuring a total healing through a 50/50 commitment to the physical and faith needs. CURE recognizes the importance of training nationals in the most modern healthcare techniques to ensure quality and access to medical care for the future betterment of each country.


Contact information

Mailing address:
CURE International
70 Ionia Ave SW
Suite 200
Grand Rapids, MI 49503

Website: www.cure.org

Phone: 616-512-3105

Email: info@cure.org


Organization details

EIN: 582248383

CEO/President: Justin Narducci

Chairman: Jerry Turbergen

Board size: 12

Founder: Dr. & Mrs. Scott Harrison

Year founded: 1996

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1999


Purpose

CURE Children's Hospitals are world-class facilities with highly trained surgeons and caregivers providing specialized care for children with disabilities. From pre-surgery evaluation, through surgeries, physical therapy, and mobility device fitting, children receive comprehensive, transformational care.

CURE Children's Hospitals treat children with a variety of disabling conditions that often go uncared for in countries that have a lack of access to resources. Without treatment, these children are more vulnerable, often in pain, and left on the fringes of society.

At CURE Children's Hospitals around the world, our staff is trained to reflect kingdom values in their work and to seek opportunities to share God's love in word and deed.

In order to provide sustainable, long-term solutions for the 9 million kids living with disabilities in the countries where CURE serves, we train surgeons, medical professionals and partner with local pastors. We strive to not only provide the highest standard of care, but to train others to do the same.


Mission statement

Luke 9:2 tells us that Jesus 'sent them out to heal the sick and proclaim the kingdom of God.' In response, CURE's mission is to reach and heal more children living with disabilities like clubfoot, bowed legs, cleft lips, untreated burns, and hydrocephalus. We do this through a global network of pediatric surgical hospitals that serve children.


Statement of faith

1. The members of this Mission declare their belief in God the Creator and Preserver of all things, who created man, male and female, in His own image, and gave them dominion over the earthly creation.

2. The members of this Mission declare their belief in the deity and humanity of God the Son, the Lord Jesus Christ, who being very God, also became man, being begotten by the Holy Spirit, born of the Virgin Mary, was crucified dead and buried and then was raised from the dead and ascended to the Father.

3. The members of this Mission declare their belief in the deity and personhood of God the Holy Spirit, who convicts the individual sinner of sin, righteousness and judgement and gives the ability to understand the gospel leading to repentance.

4. The members of this Mission declare their belief that the trinity of God the Father, God the son and God the Holy Spirit exist co-equally in unity.

5. The members of this Mission declare their belief that the Bible is the divinely inspired word of God and is infallible, as originally given, in all matters of faith and conduct.

6. The members of this Mission declare their belief that the sacrificial death of the Lord Jesus Christ was necessary to atone for the sinfulness and guilt of each person, who would otherwise be subject to God's judgment and punishment.

7. The members of this Mission declare their belief in the equality and essential dignity of men, women and children of all races, ages, and classes. We recognize that all persons are made in the image of God and are to reflect that image through their giftedness in the community of believers and in society.

8. The members of this Mission declare their belief that each believer, by the working of the Holy Spirit through faith in the Lord Jesus Christ, has been born anew to an assurance of eternal salvation as a child of God.

9. The members of this Mission declare their belief that as members of Christ's Body, we are to do the works of God, as revealed by the Holy Spirit and to share the good news of the Word to bring glory to God.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating208 of 94011 of 59
Fund acquisition rating367 of 94216 of 59
Resource allocation rating140 of 94213 of 59
Asset utilization rating457 of 94030 of 59

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%7%19%15%17%16%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%3%6%6%6%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
77%53%35%39%37%42%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%3%6%5%6%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
23%47%65%61%63%58%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%87%84%83%91%93%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%102%115%120%103%123%
Program output ratio Program output ratio =
Program services /
Total revenue
76%89%96%99%94%115%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%-2%-15%-20%-3%-23%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%-3%-13%-13%-2%-13%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%9%11%12%2%1%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.860.960.710.610.570.54
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.723.964.475.425.985.59
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.753.803.173.323.393.04
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
7.291.581.391.371.621.65
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.130.630.720.730.620.61
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.821.151.070.971.351.56
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
14%22%25%21%22%21%
Debt ratio Debt ratio =
Debt /
Total assets
3%4%5%6%4%4%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
85%81%106%128%137%145%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$13,076,908$7,833,785$9,328,898$8,921,008$10,643,512
Receivables, inventories, prepaids$15,639,138$19,104,398$14,603,672$10,367,373$13,173,711
Short-term investments$0$0$0$0$161,405
Other current assets$140,985$454,004$454,004$0$0
Total current assets$28,857,031$27,392,187$24,386,574$19,288,381$23,978,628
Long-term investments$0$0$0$0$0
Fixed assets$58,872,691$68,149,891$78,308,320$96,148,335$110,126,837
Other long-term assets$26,535,513$26,934,442$29,511,819$0$0
Total long-term assets$85,408,204$95,084,333$107,820,139$96,148,335$110,126,837
Total assets$114,265,235$122,476,520$132,206,713$115,436,716$134,105,465
 
Liabilities20202019201820172016
Payables and accrued expenses$12,253,771$13,335,633$11,345,133$10,418,102$10,340,594
Other current liabilities$6,053,611$6,343,921$6,507,744$1,504,563$4,175,728
Total current liabilities$18,307,382$19,679,554$17,852,877$11,922,665$14,516,322
Debt$4,130,147$6,188,603$7,741,118$4,488,634$5,017,020
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$3,093,457$4,463,361$2,671,125$9,135,312$9,169,706
Total long-term liabilities$7,223,604$10,651,964$10,412,243$13,623,946$14,186,726
Total liabilities$25,530,986$30,331,518$28,265,120$25,546,611$28,703,048
 
Net assets20202019201820172016
Without donor restrictions$61,271,821$63,901,821$71,599,768$86,913,129$101,357,042
With donor restrictions$27,462,428$28,243,181$32,341,825$2,976,976$4,045,375
Net assets$88,734,249$92,145,002$103,941,593$89,890,105$105,402,417
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$56,925,332$26,073,183$25,974,653$23,924,187$25,110,128
Program service revenue$48,888,580$47,707,503$41,360,400$39,838,489$0
Membership dues$0$0$0$0$0
Investment income$0$0($1,672,553)$47,682$67,322
Other revenue$1,304,876$1,454,228$1,677,508$0$34,007,801
Total other revenue$50,193,456$49,161,731$41,365,355$39,886,171$34,075,123
Total revenue$107,118,788$75,234,914$67,340,008$63,810,358$59,185,251
 
Expenses20202019201820172016
Program services$95,732,020$72,533,023$66,957,819$59,842,926$67,949,645
Management and general$10,316,782$9,453,370$10,015,619$1,506,994$838,660
Fundraising$3,743,534$4,847,563$3,991,686$4,126,846$4,019,056
Total expenses$109,792,336$86,833,956$80,965,124$65,476,766$72,807,361
 
Change in net assets20202019201820172016
Surplus (deficit)($2,673,548)($11,599,042)($13,625,116)($1,666,408)($13,622,110)
Other changes in net assets($737,205)($197,549)$0($13,845,904)($1,534,035)
Total change in net assets($3,410,753)($11,796,591)($13,625,116)($15,512,312)($15,156,145)

Compensation

NameTitleCompensation
Greg BelligChief Medical Officer (part year)$247,467
Brian Van HallCOO, Secretary (part year)$196,818
Peter KyaloChief of Programs & Services$176,102
James LaytonAnesthesiologist$165,572
Brant HansenStoryteller$160,404
Matt MundtSenior Director, Marketing$143,033
Adey AbateExecutive Director, Ethiopia$132,411
David HelmanChief Financial Officer$127,521
Steve HittExecutive Director, Zambia$120,983
Roger SpoelmanPresident & CEO (part year)$50,609

Compensation data as of: 6/30/2020


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 8/21/2021. To update the information below, please email: info@ministrywatch.com


History

1986 - Dr. C. Scott Harrison, a successful orthopedic surgeon and international businessman, was asked to perform spine surgery and teach higher-level orthopedic surgery skills to local medical practitioners in Malawi. Over the years, Scott and his wife, Sally, returned to Malawi on many occasions to help children with disabilities. The great physical and spiritual needs of these children weighed heavily on their hearts, and they wanted to do something more about it.

1994 - After Dr. Harrison finished his tenure as CEO and President of Kirschner Medical, the Harrisons fully pursued their passion for healing children with disabilities.

1996 - They founded CURE International. Two years later, CURE's first hospital opened in Kenya.

CURE has grown significantly since the first hospital opened in Kenya, but the mission to heal the sick and proclaim the kingdom of God remains and is at the forefront of all we do.


Program accomplishments

5+ million patient visits

290,000+ surgeries

210,000+ faith expressions


Needs

There are thousands of vulnerable children waiting to receive surgeries. As a CURE Hero monthly donor, you will be introduced to a child every month who is in the hospital. You can send messages to the children assigned to you, encourage their faith, and hear about their progress. Because of your generosity, these kids will be able to walk again, smile again, and go to school again. And, they will hear about Jesus and how much He loves them.