Als Raising Hope Foundation
Nonprofit profile at a glance
- EIN
- 371640499
- IRS 990-EZ coverage
- 2011–2012
- Forms available
- Form 990-EZ 2012
- Location
- Peru, NY, USA
- Phone
- 5186430808
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $132,504
- Expenses
- $129,851
- Assets
- $6,531
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
9 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The als raising hope foundation was organized to raise public awareness about als (amyotrophic lateral sclerosis, also known as lou gehrig's disease), by providing a forum that provides information to the general public; to promote and encourage the support for research and therapeutic development to raise hope for indiviuals who suffer from als and their family members.
What it reported doing in 2012
The als raising hope foundation donated funds to two exempt organizations for reserach and therapeutic development.
Operating model
- Revenue model
- Donor-supported. 70% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 82
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.1%; rating input score 89
- Program expense ratio: 90.9%; rating input score 91
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 2%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.05; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 84.6% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 86.1% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 57.9% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 89.1% of revenue deployed · 90.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $118K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2011 to 2012
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- Moderate — Sustainability: Operating margin scored 43/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.