International Friends of Elton John AIDS Foundation Uk

What it reported doing in 2020

Established in 2016, the international friends of elton john AIDS foundation uk (the organization") is a Delaware nonprofit corporation dedicated to alleviating the sickness of people living with HIV or the related condition known as AIDS and the emotional suffering of such people and their partners, relatives, and/or dependents. In short, the organization works to support an AIDS-free future throughout the world. AIDS is the most devastating modern day disease. By the end of the 20th century, 50 years' worth of public health gains were annihilated by AIDS, which continues to destroy lives. The organization's vision, along with thousands around the world, is to create an AIDS free future through science, support and most of all compassion. Stigma is still HIV's most deadly symptom. While cheap, easy ways to test for HIV exist, along with ever more effective drugs to treat the HIV virus, they cannot be used if people living with or very vulnerable to HIV are shunned, hidden, or denied their human rights. The organization intends to fund various projects - including those that make HIV testing easy, affordable, reliable, and above all, are offered to every one without judgment or discrimination. It is essential that HIV testing is a routine part of public health.HIV medicines are now available for as little as $100 a year. Enlightened donors, nongovernmental organizations and governments have made them available to over 16 million people living with HIV. These medicines not only save lives, they make people living with the virus up to 96% less infectious. The organization funds programs that expand affordable, quality medical treatment to reach those who urgently need help and are still waiting.

Financial Efficiency

• Mission deployment rate: 98.3%; rating input score 98
• Program expense ratio: 98.8%; rating input score 99
• Fundraising efficiency: $161.26 raised per $1 spent on fundraising; rating input score 88; 88th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: 0 of 8 controls in place; rating input score 0
  • Claims monitoring procedures: Limited
  • Requires narrative reports: Limited
  • Conducts field audits: Limited
  • May suspend future funding: Limited
  • Requires financial reports: Limited
  • Conducts site visits: Limited
  • Requires grant agreements: Limited
  • May require repayment: Limited
• Grant itemization coverage: 100%; rating input score 100; 79th 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: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 0.5%; rating input score 35; 35th percentile among comparable filings
• Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
• Liabilities to assets ratio: Limited
• Officer compensation ratio: 0%; rating input score 72; 72nd percentile among comparable filings

Growth

• Program expense growth: -13.8% per year; rating input score 0; 13th percentile among comparable filings
• Revenue growth: -14.7% per year; rating input score 0; 7th percentile among comparable filings
• Asset growth: -48.8% per year; rating input score 0; 1st percentile among comparable filings