Alongside Network

Nonprofit profile at a glance

EIN
871703441
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-EZ 2021
Location
Minneapolis, MN, USA
Phone
6122326626
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Patient Services - Entertainment, Recreation

Official website

Reported finances

Revenue
$225,755
Expenses
$296,771
Assets
$89,192
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • JENNIFER ASPENGREN (FOUNDER AND CEO)

Highest reported compensation

  • JENNIFER ASPENGREN (FOUNDER AND CEO): $94,579 total reported compensation
  • AMBER ROSS (CLINICAL DIRECTOR): $80,179 total reported compensation
  • ABE DICKISON (FAMILY SUPPORT LEAD): $28,890 total reported compensation

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

Overview

Mission

Alongside network is working to shift the system of care for families who have a child with a life-threatening illness or injury, such that care for mental health is integrated throughout their hospital and recovery experience. Using our whole child, whole family framework, we work with hospital systems to raise awareness and determine a trajectory of care. We also work directly with families to validate, connect, and support them as they adjust to life following a child's life-threatening illness or injury.

What it reported doing in 2024

Practitioners - outreach - we can't focus on the patient family experience without also focusing on providers. We do outreach and training for providers across hospital settings in order to increase provider confidence in having emotionally-based conversations with patient families, increase provider knowledge of pediatric medical traumatic stress including their role in minimizing and mitigating this common phenomenon, and we train providers coping skills in order to increase their own resiliency.

Operating model

Revenue model
Donor-supported. 78% of the money available for current operations came from contributions and gifts.
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 a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 92
  • Accountability: 77
  • Sustainability: 18
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.5%; rating input score 73
  • Program expense ratio: 55.9%; rating input score 56
  • Fundraising efficiency: $5.75 raised per $1 spent on fundraising; rating input score 25; 25th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -31.5%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 76.5%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 33.4% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 19.2% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 15.8% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 73.5% of revenue deployed · 55.9% of spending went to programs
  • Governance: 8 of 8 board members independent · 4 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $166K in reported program spending
  • Leadership: top reported pay $95K · 12 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Financial Efficiency: Program expense ratio scored 56/100.
  • Moderate — Accountability: Governance controls: 4 of 8 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 25/100.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.