Alzheimer's Disease & Related Disorder Central Chapter Inc

Nonprofit profile at a glance

EIN
770006745
IRS 990 coverage
2009–2015
Forms available
Form 990 2015
Location
Santa Barbara, CA, USA
Phone
8058924259
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Health

Official website

Reported finances

Revenue
$1,901,877
Expenses
$1,669,479
Assets
$5,264,013
Liabilities
$511,736

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • RHONDA SPIEGEL (EXECUTIVE DIRECTOR)

Highest reported compensation

  • RHONDA SPIEGEL (EXECUTIVE DIRECTOR): $150,454 total reported compensation
  • KC ADORNETTO (VP OF FINANCE (LEFT 12/31/15)): $105,382 total reported compensation
  • MITCH SLOAN (VP OF DEVELOPMENT): $103,114 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

To support patients, family & friends on alzheimer's disease and other related disorders in santa barbara, ventura, san luis obispo and kern counties, California. To support education of the public and health care professionals as to the nature and effects of these diseases and to promote research at the national and local levels.the organization provided respite care to over 37 families, conducted caregiver training and general education training programs that were attended by nearly 5,839 contacts. In addition, the organization held support groups for those coping with alzheimers, either directly or indirectly, which were attended by over 2,050 contacts during the year.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 98% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 87
  • Accountability: 100
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.1%; rating input score 68
  • Program expense ratio: 77.5%; rating input score 78
  • Fundraising efficiency: $8.74 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 74th 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; 63rd 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: 12.2%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 3.15; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 21.5%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 19.6% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 10.4% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 4.3% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 68.1% of revenue deployed · 77.5% of spending went to programs
  • Governance: 18 of 18 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.3M in reported program spending
  • Leadership: top reported pay $150K · 21 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 35 of 36 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 5 filing years from 2009 to 2015
  • Contacts: How to reach this organization
  • Money network: 3 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.