Alzheimer's Disease & Related Disorders Association-greater Illinois Chapter

Nonprofit profile at a glance

EIN
363102348
IRS 990 coverage
2013–2015
Forms available
Form 990 2015
Location
Chicago, IL, USA
Phone
8479332413
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health

Official website

Reported finances

Revenue
$6,311,744
Expenses
$6,959,241
Assets
$5,466,799
Liabilities
$493,362

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

Leadership & pay

26 people listed

Executive titles in this filing

  • ERNA COLBORN (PRESIDENT & CEO)

Highest reported compensation

  • ERNA COLBORN (PRESIDENT & CEO): $289,136 total reported compensation
  • JANET DEVLIN (CHIEF FINANCIAL OFFICER): $166,233 total reported compensation
  • LISA LEE (CHIEF DEVELOPMENT OFFICER): $165,897 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 policy -the alzheimer's association chapter network advocates for public policies aimed at advancing research toward better therapies, detection, methods of prevention and ultimately a cure. It strives for better care and resources, as well as health and long-term coverage to ensure high quality, cost effective care for people with alzheimer's disease and their families. Policy activities also include collaborating with other organizations to improve quality care and raise awareness of key issues. 31,239 people advocated on our behalf to elected officials. Chapter staff and volunteers had 239 meetings with members of state government. The alzheimer's association provided 12,762 in assisance for 27 individuals to attend lobby day.

Operating model

Revenue model
Donor-supported. 97% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - 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: 68
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.3%; rating input score 77
  • Program expense ratio: 69.9%; rating input score 70
  • Fundraising efficiency: $3.96 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 90.2%; rating input score 90; 24th 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; 65th 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: -10.3%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.79; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 16.5%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 17% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 1.7% per year; rating input score 100; 34th percentile among comparable filings
  • Asset growth: 6.7% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 77.3% of revenue deployed · 69.9% of spending went to programs
  • Governance: 19 of 19 board members independent · 9 of 9 filing controls reported
  • Programs: 9 filed program accomplishments · $4.9M in reported program spending
  • Leadership: top reported pay $289K · 26 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 3 filing years from 2013 to 2015
  • Contacts: How to reach this organization
  • Money network: 7 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.

  • High — Financial Efficiency: Fundraising efficiency scored 16/100.
  • High — Sustainability: Operating margin scored 11/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.