Alzheimer's Disease and Related Disorders Association Ma/nh Chapter Inc
Nonprofit profile at a glance
- EIN
- 042731194
- IRS 990 coverage
- 2010–2015
- Forms available
- Form 990 2015
- Location
- Waltham, MA, USA
- Phone
- 6178686718
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Health
Reported finances
- Revenue
- $11,766,863
- Expenses
- $11,848,832
- Assets
- $7,434,695
- Liabilities
- $1,995,287
Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- JAMES WESSLER (CEO/PRESIDENT)
Highest reported compensation
- JAMES WESSLER (CEO/PRESIDENT): $201,679 total reported compensation
- JAYNE PARAGONA (VP, DEVELOPMENT): $122,273 total reported compensation
- ELIZABETH PRINS (VP, FINANCE, TECHNOLOGY AN): $121,097 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To eliminate alzheimer's disease through the advancement of research; to provide and enhance care and support for all affected; and to reduce the risk of dementia through the promotion of brain health.
What it reported doing in 2015
Public awareness - alzheimer's is a progressive, degenerative and ultimately fatal disease. Too few americans understand the current and future economic impact of alzheimer's. Already more than 5 million americans are living with alzheimer's and more than 15 million people are providing unpaid care and support. This massive group is in need of information and resources. The alzheimer's association has invested in education campaigns and initiatives to increase knowledge about alzheimer's disease and awareness of the alzheimer's association as the center of help and hope. Key messages include the importance of early detection, resources for people with alzheimer's and their families, and the societal impact of the disease. Millions of constituents are engaged to educate their communities & workplaces.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 61% for direct work, 0% for grants, and 39% for affiliated organizations.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 87
- Accountability: 100
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.3%; rating input score 80
- Program expense ratio: 79.7%; rating input score 80
- Fundraising efficiency: $6.68 raised per $1 spent on fundraising; rating input score 35; 35th 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: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 71st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 69th 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: -0.7%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.63; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.27; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 4.7%; rating input score 41; 41st percentile among comparable filings
Growth
- Program expense growth: 9.6% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 17.3% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 10.6% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 80.3% of revenue deployed · 79.7% of spending went to programs
- Governance: 19 of 19 board members independent · 9 of 9 filing controls reported
- Programs: 11 filed program accomplishments · $9.4M in reported program spending
- Leadership: top reported pay $202K · 23 people listed · 4 of 6 pay-setting controls reported
- Consistency: 39 of 39 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 6 filing years from 2010 to 2015
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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: Fundraising efficiency scored 35/100.
- High — Sustainability: Operating margin scored 27/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- Moderate — Sustainability: Officer compensation ratio scored 41/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.