Ati Foundation
Nonprofit profile at a glance
- EIN
- 841623745
- IRS 990 coverage
- 2012–2024
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990 2024
- Location
- Downers Grove, IL, United States
- Phone
- 6302962222
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services N.E.C.
Reported finances
- Revenue
- $135,319
- Expenses
- $348,146
- Assets
- $258,444
- Liabilities
- $63,955
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- THAD SATTERFIELD (PRESIDENT)
- BRENT RHODES (VICE PRESIDENT/TREASURER (THRU NOV 2024))
- ANGELA AIJIAN (VICE PRESIDENT/SECRETARY)
People named in this filing
- THAD SATTERFIELD (PRESIDENT)
- BRENT RHODES (VICE PRESIDENT/TREASURER (THRU NOV 2024))
- ANGELA AIJIAN (VICE PRESIDENT/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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Established by ATI Physical Therapy in 2003, the ATI Foundation was created as a way for ATI employees and patients to give back to the communities in which they live, work, and serve. Since our inception, we have raised more than $4 million to make a meaningful impact in the lives of nearly 4,500 people with physical impairments. Our purpose is to help people in our local communities lead their most fulfilling lives. We fulfill this mission by providing grant awards to individuals and through sponsorship support for like-minded nonprofit organizations.
What it reported doing in 2024
The ati foundation supports children and adults with physical impairments to lead their most fulfilling lives. Funding supports costs associated with medical care, therapies, adaptive equipment, adaptive accommodations, and other resources necessary to enhance and sustain a better quality of life.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 63% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 86
- Accountability: 88
- Sustainability: 20
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 77.5%; rating input score 77
- Fundraising efficiency: $13.41 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 26th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 83.2%; rating input score 83; 49th 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: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -157.3%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.74; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 0.2% per year; rating input score 100; 31st percentile among comparable filings
- Revenue growth: -1.8% per year; rating input score 0; 17th percentile among comparable filings
- Asset growth: 8.1% per year; rating input score 100; 60th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 100% of revenue deployed · 77.5% of spending went to programs
- Governance: 4 of 4 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $270K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 23 of 24 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- 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 — Accountability: Governance controls: 2 of 7 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 18/100.