Advisewell Inc
Nonprofit profile at a glance
- EIN
- 721081340
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- New Orleans, LA, USA
- Phone
- 2259266353
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,662,756
- Expenses
- $2,992,432
- Assets
- $15,026,836
- Liabilities
- $115,426
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- BRET CLESI (CHAIRMAN OF THE BOARD, PRESIDENT, & CEO)
- PATRICK BURNS (VICE CHAIRMAN & VICE PRESIDENT)
Highest reported compensation
- SONJA J LANDRY (SMP PROGRAM MANAGER): $135,341 total reported compensation
- CATHERINE BOURGEOIS (QUALITY IMPROVEMENT MANAGER): $114,658 total reported compensation
- BRET CLESI (CHAIRMAN OF THE BOARD, PRESIDENT, & CEO): $25,750 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the quality of health and healthcare by using information and collaborative relationships to enable change
What it reported doing in 2024
The senior medicare patrol federal grants are through the department of health & human services - administration for community living. Our grants team works to educate medicare beneficiaries, their families, and caregivers and to empower medicare beneficiaries through increased awareness and understanding of health care programs to protect them from the economic and health- related consequences associated with medicare fraud, errors, and abuse.
Operating model
- Revenue model
- Earned-program. 77% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 37
- Transparency & Controls: 78
- Accountability: 100
- Sustainability: 43
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 39.3%; rating input score 39
- Program expense ratio: 45.7%; rating input score 46
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 86.7%; rating input score 87; 2nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: No; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -12.4%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 5.02; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 87; 87th percentile among comparable filings
- Officer compensation ratio: 9.9%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: -20.6% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: -11.1% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -1.9% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 39.3% of revenue deployed · 45.7% of spending went to programs
- Governance: 5 of 5 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.4M in reported program spending
- Leadership: top reported pay $135K · 7 people listed
- Highest-paid contractors: 3 contractors listed · $944K reported
- Consistency: 27 of 29 current checks pass · 2 findings to review
- Schedules: 5 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
- Moderate — Financial Efficiency: Program expense ratio scored 46/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Sustainability: Operating margin scored 11/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.