AIDS Vaccine Advocacy Coalition Inc

Nonprofit profile at a glance

EIN
943240841
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
2127966423
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$10,029,156
Expenses
$13,791,130
Assets
$3,854,652
Liabilities
$894,872

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • MITCHELL WARREN (EXECUTIVE DIRECTOR)
  • BLAIR HANEWALL (PRESIDENT)

Highest reported compensation

  • MITCHELL WARREN (EXECUTIVE DIRECTOR): $448,315 total reported compensation
  • ERIN KIERNON (CHIEF OPERATING OFFICER): $317,935 total reported compensation
  • ABIGAIL SMITH (CHIEF FINANCIAL OFFICER): $303,312 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Accelerate the ethical development of effective HIV prevention options and ensure access to those options for everyone who needs them as part of a comprehensive integrated path to global health equity.

What it reported doing in 2024

Global movement building: global movement building cultivates the next generation of advocates via the avac fellows and advocacy navigator programs. Advocates are equipped with the skills, opportunities and access to drive change in HIV prevention and global health equity by amplifying community voices and influencing policy and research. Alumni of these programs are leading, internationally recognized civil society advocates. They have gone on to found civil society organizations, influence the HIV prevention research pipeline, and shape conversations and objectives in the field. Avac also shapes the media environment by collaborating closely with journalist conveners to bring together journalists and scientists at media science cafes. Through this engagement with experts, (continued on schedule o)continued: local journalists have direct access to accurate data and information, enabling them to translate the science and report directly to local communities on developments in HIV biomedical prevention research. This improves the quality and accuracy of reporting, combats misinformation, and brings visibility to research developments.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 73% for direct work, and 27% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 81
  • Accountability: 96
  • Sustainability: 10
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 81.2%; rating input score 81
  • Fundraising efficiency: $284.4 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: 4 of 8 controls in place; rating input score 50
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Pass
    • Requires grant agreements: Pass
    • May require repayment: Limited
  • Grant itemization coverage: 99.9%; rating input score 100; 38th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 93.8%; rating input score 94; 27th 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: -37.5%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.28; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 54; 54th percentile among comparable filings
  • Officer compensation ratio: 16.2%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 7.2% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 7% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 2.2% per year; rating input score 100; 18th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 81.2% of spending went to programs
  • Governance: 15 of 16 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $11.2M in reported program spending
  • Leadership: top reported pay $448K · 23 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $583K reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Related organizations: 4 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 — Sustainability: Operating margin scored 2/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • Review — Sustainability: Liabilities to assets ratio scored 54/100.