Alzheimers Disease and Related Disorders Association

Nonprofit profile at a glance

EIN
850287820
IRS 990 coverage
2010–2013
Forms available
Form 990 2013
Location
Albuquerque, NM, USA
Phone
5052664473
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alzheimer's Disease Research

Official website

Reported finances

Revenue
$1,230,150
Expenses
$1,199,934
Assets
$1,342,544
Liabilities
$162,195

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • Carol I Schaffer (President)
  • Tracy Ayers (Vice President)
  • Agnes Vallejos (Executive Director)

Highest reported compensation

  • Agnes Vallejos (Executive Director): $88,066 total reported compensation
  • George Miles (Finance Director): $47,030 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To eliminate alzheimers 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 2013

The Alzheimers Association of New Mexico is a voluntary health organization in alzheimers care. It provides support and research, information and referral, education, seminars, support groups, care consultation, safety services, respite, early stage alzheimers needs assessments and coping tools, and most importantly, advocacy to alzheimers patients and their families. The organization assisted approximately 600 respite care clients, and thousands of New Mexicans who searched for assistance and advice when faced with this terrible, debilitating disease.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 88% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 90
  • Accountability: 95
  • Sustainability: 47
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.3%; rating input score 74
  • Program expense ratio: 75.6%; rating input score 76
  • Fundraising efficiency: $6.74 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 73rd 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; 64th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.5%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 1.12; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 11.3%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -3% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: 9.2% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 74.3% of revenue deployed · 75.6% of spending went to programs
  • Governance: 18 of 18 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $907K in reported program spending
  • Leadership: top reported pay $88K · 16 people listed
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2010 to 2013
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 29/100.
  • Moderate — Sustainability: Operating margin scored 48/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.