Association for Laboratory Automation

Nonprofit profile at a glance

EIN
541826965
IRS 990 coverage
2009–2009
Forms available
Form 990 2009
Location
Schaumburg, IL, USA
Phone
8472401040
Rating confidence
Limited
Sector
Professional Societies, Associations

Reported finances

Revenue
$2,576,772
Expenses
$2,428,254
Assets
$3,466,600
Liabilities
$441,796

Source: IRS Form 990. Selected filing: tax year 2009. Amounts in USD.

Leadership & pay

10 people listed

Source: IRS Form 990. Selected filing: tax year 2009. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To advance worldwide utilization of automation, robotics and artificial intelligence in order to improve the quality, efficiency and relevence of lab analysis.

What it reported doing in 2009

The organization provides professional memberships to individuals and corporations in the lab automation field. Scientific education, practical information, professional career-building and networking opportunities are made available to the organization's members.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Accountability: 100
  • Sustainability: 61
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 59th 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: 100%; rating input score 100; 67th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 8 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: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.8%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 1.43; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 7.1%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $1.9M in reported program spending
  • Leadership: top reported pay $172K · 10 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes grants and executive pay
  • 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.

  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.