SAFE Bio-Pharma Association
Nonprofit profile at a glance
- EIN
- 203107081
- IRS 990 coverage
- 2011–2017
- Forms available
- Form 990 2017
- Location
- Ormond Beach, FL, USA
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Business and Industry
Reported finances
- Revenue
- $1,354,858
- Expenses
- $1,210,271
- Assets
- $615,183
- Liabilities
- $438,581
Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Mary Shield-Uehling (President & CEO)
Highest reported compensation
- Mary Shield-Uehling (President & CEO): $262,784 total reported compensation
- Peter Alterman (COO): $193,662 total reported compensation
- Gary Secrest (Consultant): $89,106 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of SAFE-BioPharma Association is to be the digital identity and signature standard for the global biopharmaceutical and healthcare communities.
What it reported doing in 2017
Creation and management of the SAFE-BioPharma digital identity and signature standard for the pharmaceutical and healthcare industries
Operating model
- Revenue model
- Earned-program. 90% 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
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 68
- Accountability: 70
- Sustainability: 42
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.1%; rating input score 53
- Program expense ratio: 59.6%; rating input score 60
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: No; rating input score 0
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 20th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- 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: 10.7%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 0.51; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0.71; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 45.1%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -12.4% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -8.7% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: -10.5% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 53.1% of revenue deployed · 59.6% of spending went to programs
- Governance: 8 of 9 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $721K in reported program spending
- Leadership: top reported pay $263K · 11 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $277K reported
- Consistency: 22 of 22 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 7 filing years from 2011 to 2017
- Contacts: How to reach this organization
- Money network: 3 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- Moderate — Accountability: Governance controls: 4 of 8 not reported.
- High — Transparency & Controls: Major donor itemization scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.