Art for Alzheimer's Inc

Nonprofit profile at a glance

EIN
475474700
IRS 990-EZ coverage
2017–2020
Forms available
Form 990-EZ 2020
Location
New York, NY, USA
Phone
2128687200
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$15,425
Expenses
$19,225
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • LORI HALL (DIRECTOR AND PRESIDENT)

People named in this filing

  • LORI HALL (DIRECTOR AND PRESIDENT)
  • JERRY LEVIN (DIRECTOR AND TREASURER)
  • ELIZABETH VON HABSBURG (DIRECTOR AND SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation believes that all patients, families, and caregivers are entitled to palliative care assistance, education, compassion, and support when confronted with the difficult and emotional challenges associated with alzheimer's and other dementias.in furtherance thereof, the corporation expects to focus the majority of its efforts on (i) raising awareness about alzheimer's and, in particular, the positive effects of art therapy on the lives of people with alzheimer's and dementia,(ii) advocating for and facilitating the use of art therapy amoung caregivers, and (iii) collaborating with and providing financial support to charitable organizations to help make available a comprehensive array of services, compassionate and innovative programs of care, research, and education to persons diagnosed with alzheimer's and their families.

What it reported doing in 2020

The corporation has suppored caring kind, a charitable organization, which promites engaging non-clinical opportunites for people living with dementia together with their caregivers to stimulate conversation, memories, and connections through shared cultural experiences.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 20
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -24.6%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 1.1% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: -71.8% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2017 to 2020
  • Contacts: How to reach this organization
  • 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: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 27/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.