Akesis Health Inc
Nonprofit profile at a glance
- EIN
- 341941212
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Cleveland, OH, USA
- Phone
- 4404989151
- Rating
- 49
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $943,345
- Expenses
- $1,601,542
- Assets
- $3,669,267
- Liabilities
- $67,357
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- CHARLES MORRISON (PRESIDENT)
Highest reported compensation
- CHARLES MORRISON (PRESIDENT): $213,240 total reported compensation
- DALIA ERYANI (DIRECTOR BUSINESS DEVELOPM): $209,870 total reported compensation
- DAVID ECKHARDT (CORPORATE CONTROLLER): $203,410 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 design and implement health programs and other humanitarian aid / assistance in developing countries, leveraging contributions of stakeholders, public and private entities and non-government organizations and validating new models. Akesis seeks to deliver pioneering solutions that increase access to medicines, diagnostics and healthcare services and transform / modernize healthcare in developing countries.
What it reported doing in 2024
Nigeria: the organization's activities are concentrated on forecasting, procurement, importing, warehousing, distribution and related supply chain information management of medical grade pharmaceuticals, laboratory equipment and other medical commodities for the diagnosis and treatment of persons infected with or affected by HIV/AIDS, tuberculosis, malaria, covid-19 and with other medical needs.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
MIXED - Most voting board members are independent. A relatively small share of total spending goes to programs and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 47
- Transparency & Controls: 51
- Accountability: 67
- Sustainability: 29
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.1%; rating input score 62
- Program expense ratio: 36.6%; rating input score 37
- 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: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 66.7%; rating input score 67; 14th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -69.8%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 2.29; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 63; 63rd percentile among comparable filings
- Officer compensation ratio: 46.4%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -19.8% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: -12.8% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: -5.5% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 62.1% of revenue deployed · 36.6% of spending went to programs
- Governance: 4 of 6 board members independent · 6 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $585K in reported program spending
- Leadership: top reported pay $213K · 9 people listed · 1 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 7 filed schedules · includes major donors, foreign activity, executive pay, and related organizations
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Moderate — Financial Efficiency: Program expense ratio scored 37/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Sustainability: Operating margin scored 2/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 2/100.