The Aitch Foundation

Nonprofit profile at a glance

EIN
274630518
IRS 990-EZ coverage
2014–2017
Forms available
Form 990-EZ 2017, Form 990-N 2013
Location
Lansing, MI, USA
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cancer

Official website

Reported finances

Revenue
$90,541
Expenses
$84,013
Assets
$6,792

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • LAUREN AITCH (PRESIDENT)

People named in this filing

  • LAUREN AITCH (PRESIDENT)
  • SANDY KILBOURN (VICE PRESIDE)
  • RICHARD WARD (OFFICER)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation operates to support research for the early detection of hidden cancers. The foundation funds mulitple aitch fellows each year. The foundation also supports youth impacted by cancer through mentoring.

What it reported doing in 2017

Youth mentoring: the foundation volunteers work with community youth through formal and informal events. The annual hidden key fashion show is a unique community event that serves as the primary fundraiser for the foundation.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.7%; rating input score 68
  • Program expense ratio: 72.9%; rating input score 73

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 7.2%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 11.3% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 17.9% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: -59% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 67.7% of revenue deployed · 72.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $61K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2014 to 2017
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Sustainability: Total-asset coverage ratio scored 9/100.
  • Review — Sustainability: Operating margin scored 59/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.