CURE International 
The information on this page was last updated 5/11/2023. If you see errors or omissions, please email: [email protected]
Summary
CURE International is a Christian non-profit organization that operates a global network of eight children's hospitals providing world class surgical care and intentional spiritual care to children living with treatable disabilities.
Contact information
Mailing address:
CURE International
70 Ionia Ave SW
Suite 200
Grand Rapids, MI 49503
Website: cure.org
Phone: 616-512-3105
Email: [email protected]
Organization details
EIN: 582248383
CEO/President: Justin Narducci
Chairman: Jerry Turbergen
Board size: 11
Founder: Scott and Sally Harrison
Ruling year: 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.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 890 of 1097 | 120 of 142 |
| Fund acquisition rating | | 779 of 1099 | 104 of 143 |
| Resource allocation rating | | 467 of 1099 | 63 of 143 |
| Asset utilization rating | | 1036 of 1097 | 138 of 142 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 8% | 9% | 11% | 18% | 16% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 8% | 8% | 4% | 6% | 5% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 96% | 91% | 38% | 33% | 34% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 9% | 5% | 4% | 5% | 5% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 4% | 9% | 62% | 67% | 66% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 85% | 92% | 83% | 83% | 82% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 87% | 177% | 105% | 117% | 120% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 74% | 163% | 88% | 98% | 99% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | 13% | -77% | -5% | -17% | -20% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 8% | -49% | -5% | -13% | -13% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 8% | 5% | 4% | 13% | 11% | 13% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.25 | 0.54 | 1.10 | 0.71 | 0.70 | 0.59 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.18 | 3.01 | 3.96 | 3.67 | 4.13 | 4.57 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.70 | 1.63 | 4.34 | 2.60 | 2.88 | 2.70 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 20.61 | 16.12 | 9.70 | 1.72 | 1.50 | 1.59 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.04 | 0.06 | 0.10 | 0.58 | 0.66 | 0.63 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.62 | 6.92 | 2.48 | 1.93 | 1.40 | 1.66 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 6% | 3% | 3% | 23% | 25% | 22% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 4% | 5% | 6% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 74% | 180% | 89% | 109% | 108% | 133% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $10,785,726 | $8,587,821 | $12,366,483 | $7,080,121 | $8,627,633 |
| Receivables, inventories, prepaids | $10,608,245 | $6,750,539 | $17,914,929 | $21,760,920 | $19,543,842 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $21,393,971 | $15,338,360 | $30,281,412 | $28,841,041 | $28,171,475 |
| Long-term investments | $0 | $0 | $5,903 | $5,928 | $6,093 |
| Fixed assets | $16,995,632 | $17,403,792 | $57,070,340 | $65,958,473 | $76,107,677 |
| Other long-term assets | $26,082,463 | $27,958,797 | $23,873,521 | $24,280,897 | $24,521,750 |
| Total long-term assets | $43,078,095 | $45,362,589 | $80,949,764 | $90,245,298 | $100,635,520 |
| Total assets | $64,472,066 | $60,700,949 | $111,231,176 | $119,086,339 | $128,806,995 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $1,327,412 | $1,572,779 | $11,601,406 | $12,826,075 | $11,187,206 |
| Other current liabilities | $0 | $8,808 | $6,053,611 | $6,343,921 | $6,507,744 |
| Total current liabilities | $1,327,412 | $1,581,587 | $17,655,017 | $19,169,996 | $17,694,950 |
| Debt | $0 | $0 | $4,346,846 | $6,188,603 | $7,741,118 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $433,150 | $0 | $3,093,457 | $4,463,361 | $2,671,125 |
| Total long-term liabilities | $433,150 | $0 | $7,440,303 | $10,651,964 | $10,412,243 |
| Total liabilities | $1,760,562 | $1,581,587 | $25,095,320 | $29,821,960 | $28,107,193 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $27,990,865 | $28,979,052 | $58,673,429 | $61,021,198 | $68,357,977 |
| With donor restrictions | $34,720,639 | $30,140,310 | $27,462,427 | $28,243,181 | $32,341,825 |
| Net assets | $62,711,504 | $59,119,362 | $86,135,856 | $89,264,379 | $100,699,802 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $38,392,696 | $34,206,073 | $28,157,262 | $23,157,641 | $21,722,765 |
| Program service revenue | $2,202,498 | $2,580,022 | $45,620,021 | $47,039,359 | $40,552,204 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | ($393,069) | $354,622 | $167,782 | $9,992 | ($12,514) |
| Other revenue | ($278,434) | $354,428 | $756,950 | $727,882 | $1,010,167 |
| Total other revenue | $1,530,995 | $3,289,072 | $46,544,753 | $47,777,233 | $41,549,857 |
| Total revenue | $39,923,691 | $37,495,145 | $74,702,015 | $70,934,874 | $63,272,622 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $29,664,723 | $61,039,456 | $65,616,242 | $69,239,269 | $62,494,795 |
| Management and general | $1,896,019 | $2,374,937 | $9,903,354 | $9,453,371 | $10,015,619 |
| Fundraising | $3,240,916 | $3,125,325 | $3,172,468 | $4,231,782 | $3,436,566 |
| Total expenses | $34,801,658 | $66,539,718 | $78,692,064 | $82,924,422 | $75,946,980 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $5,122,033 | ($29,044,573) | ($3,990,049) | ($11,989,548) | ($12,674,358) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $5,122,033 | ($29,044,573) | ($3,990,049) | ($11,989,548) | ($12,674,358) |
Compensation
| Name | Title | Compensation |
| Justin Narducci | President & CEO | $269,007 |
| Peter Kyalo | Chief Program Officer | $220,799 |
| Dr Rick Gardner | Chief Medical Officer | $219,540 |
| Dr Giorgio Lastroni | Medical Director, Zambia | $207,150 |
| Dr Kaiser Rafael | Medical Director, Malawi | $165,968 |
| David Helman | Chief Financial Officer | $163,731 |
| Brant Hansen | Storyteller | $152,235 |
| Fridah Kabaso | Executive Director, Zambia | $150,134 |
| Kevin de Smidt | Head of Technology | $140,563 |
Compensation data as of: 6/30/2022
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 5/11/2023. To update the information below, please email: [email protected]
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
Since 1996:
5.2+ million patient visits
308,000+ surgical procedures performed
236,000+ decisions for Christ
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.