Pistoia Alliance Inc
Nonprofit profile at a glance
- EIN
- 264341868
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Wakefield, MA, USA
- Phone
- 7812241239
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $4,242,560
- Expenses
- $3,686,488
- Assets
- $3,936,685
- Liabilities
- $1,753,149
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- REBECCA UPTON PHD (PRESIDENT)
Highest reported compensation
- REBECCA UPTON PHD (PRESIDENT): $242,397 total reported compensation
- J CHRISTIAN BABER (CHIEF PORTFOLIO OFFICER): $173,777 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To drive collaboration and empower organizations to work together for success. The alliance lowers barriers to r&d innovation by providing a legal framework to enable straightforward and secure pre-competitive collaboration between more than 100 global members.
What it reported doing in 2024
Pistoia alliance helps many different types of organizations lower barriers of innovation through program projects, meetings, and a general forum for those businesses and individuals whose focus is on the life sciences.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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: 44
- Accountability: 82
- Sustainability: 49
- Growth: 60
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; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- 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 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 13.1%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 1.07; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.45; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 11.3%; rating input score 26; 26th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 17.3% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 10.7% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 14 of 14 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $242K · 18 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $134K reported
- Consistency: 9 of 9 current checks pass
- Schedules: 5 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.
- High — Sustainability: Officer compensation ratio scored 26/100.