Alliance to Save America's 340B Program
Nonprofit profile at a glance
- EIN
- 922685435
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- 2023085481
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $3,324,460
- Expenses
- $3,236,398
- Assets
- $628,727
- Liabilities
- $1,393
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- ELENA RIOS (PRESIDENT)
People named in this filing
- ELENA RIOS (PRESIDENT)
- JOE DUNN (SECRETARY)
- SHANNON GRAHAM MONSIF (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The alliance to save america's 340b program is a partnership of community health centers, patient, provider, and consumer advocates, and leaders from the biopharmaceutical industry working to ensure the 340b program supports true safety-net providers and the communities they serve.
What it reported doing in 2024
The alliance to save america's 340b program educates stakeholders about the need for comprehensive 340b reform and raised awareness of the congressional proposals that support comprehensive reform.
Operating model
- Revenue model
- Membership-supported. 100% of the money available for current operations came from membership dues.
- 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
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 revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 92
- Accountability: 94
- Sustainability: 43
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.5%; rating input score 96
- Program expense ratio: 98.1%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 2.6%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: -21.2% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: -30.3% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: 6.5% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 95.5% of revenue deployed · 98.1% of spending went to programs
- Governance: 3 of 3 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $3.2M in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Highest-paid contractors: 4 contractors listed · $1.8M reported
- Consistency: 16 of 16 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Moderate — Sustainability: Operating margin scored 43/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.