AIDS Resource Foundation for Children
Nonprofit profile at a glance
- EIN
- 222696986
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Newark, NJ, USA
- Phone
- 9736430400
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $4,989,708
- Expenses
- $5,155,243
- Assets
- $2,055,673
- Liabilities
- $3,135,890
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- ANNIE C CHEN MPA (CEO/EXCECUTIVE DIRECTOR)
Highest reported compensation
- ANNIE C CHEN MPA (CEO/EXCECUTIVE DIRECTOR): $162,590 total reported compensation
- SAMARIE RIVERA (CHIEF HOUSING OFFICER): $126,200 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the organization is to help children and families who are impacted by HIV/AIDS or who have other serious medical conditions to be resilient and to build healthier futures.
What it reported doing in 2024
Community outreach support program: provide case management, mental health counseling, substance abuse treatment, pharmaceutical & financial assistance, & summer camp programs to 350 families living with HIV/AIDS. Additionally, arfc provides 75 school age children and adolescents with out-of-school academic and psychosocial support. Housing services: provide short and long term housing, rental and utilities assistance- to 150 families living with HIV/AIDS. Additionally, arfc provides transitional housing and support services to HIV positive women re-entering the community from prior incarceration.
Operating model
- Revenue model
- Grant-funded. 98% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 90% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 75
- Accountability: 100
- Sustainability: 21
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.8%; rating input score 100
- Program expense ratio: 96.6%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.8%; rating input score 100; 41st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
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: -3.3%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 1.53; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 5.6%; rating input score 49; 49th percentile among comparable filings
Growth
- Program expense growth: -1% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 18th percentile among comparable filings
- Asset growth: -2.3% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 99.8% of revenue deployed · 96.6% of spending went to programs
- Governance: 8 of 8 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $5M in reported program spending
- Leadership: top reported pay $163K · 10 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $517K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 23/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- Moderate — Sustainability: Officer compensation ratio scored 49/100.