Dr Luther Brady Foundation of Acro Inc

Nonprofit profile at a glance

EIN
811629490
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024, Form 990-N 2017
Location
Jacksonville, FL, USA
Phone
8132157140
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$1,130
Expenses
$7,700
Assets
$23,242
Liabilities
$19,150

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • SHEILA REGE MD FACRO (PRESIDENT)

People named in this filing

  • SHEILA REGE MD FACRO (PRESIDENT)
  • JOANNE DRAGUN MD FACRO (VICE-PRESIDE)
  • WILLIAM RATE MD PHD FACRO (TREASURER)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation was formed to fund the annual memorial lecture at the american college of radiation oncology annual meeting, award grants for resident research and support special educational programs in radiation oncology. The foundation is operated exclusively for the benefit of, to perform the functions of or to carry out the specific purposes of acro.

What it reported doing in 2024

The dr. Luther brady foundation is a supporting organization of the american college of radiation oncology. The foundation achieves this purpose by awarding scholarships, research and educational grants, and by supporting educational programs that are focused on the field of radiation oncology. The receipients of the grants and scholarships are selected by the board of directors of the american college of radiation oncology and the funds received must be used for the purpose of furthering their knowledge in the field of radiation oncology. Nine educational scholarships of 500 each were paid in 2024 to 8 individual students and 1 college who met the requirements and were selected by the american college of radiation oncology.

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 100% 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. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 58.4%; rating input score 58

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -581.4%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 3.02; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.82; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 25% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 16.8% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 0.6% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 58.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Program expense ratio scored 58/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.