Doreen Grace Fund Inc

Nonprofit profile at a glance

EIN
042602933
IRS 990-EZ coverage
2010–2010
Forms available
Form 990-EZ 2010
Location
Acton, MA, USA
Phone
9788976072
Rating
66
Verdict
SUPPORTED
Rating confidence
Limited
Sector
Neurology, Neuroscience Research

Reported finances

Revenue
$797
Expenses
$39,566
Assets
$259,029

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

11 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To bring science about the brain and its disease to the public. To act as a clearing house of information to distressed family members who have trouble finding information about illnesses that have struck their loved ones, and to provide a fine facility for the scientific and health professionals, policy makers, business professionals and students of the neurosciences to get together and think through complex interdisciplinary topics. The brain center focuses on all brain issues, not just a single disease. As volunteers, we facilitate and interact with a brain tumor support group, an alzheimer's support group and assist with networking of information for those in need - public seminars and conferences on depression, alcoholism, drug addiction and schizophrenia. All have been offered free of charge to the public. Free use of the brain center is offered to all non-profit organizations who are in need.

What it reported doing in 2010

Rental of facilities for conferences and seminars. This raises money to further our exempt purpose by creating a neurological research and teaching facility.

Operating model

Revenue model
Earned-program. 69% of the money available for current operations came from fees and other program revenue.
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.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 82
  • Sustainability: 26
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 2.7%; rating input score 3

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -4,864.4%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 6.55; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

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

Details

  • Where the money goes: 100% of revenue deployed · 2.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Program expense ratio scored 3/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.