The Zachary & Elizabeth M Fisher Center for Alzheimer's Research Foundation

Nonprofit profile at a glance

EIN
133859563
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
2129151328
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Medical Research N.E.C.

Official website

Reported finances

Revenue
$14,515,618
Expenses
$22,477,077
Assets
$36,263,186
Liabilities
$14,243,764

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

Leadership & pay

14 people listed

Executive titles in this filing

  • LUCRETIA HOLDEN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • LUCRETIA HOLDEN (EXECUTIVE DIRECTOR): $373,510 total reported compensation
  • REBECCA A LIBED (OPERATIONS MANAGER): $139,926 total reported compensation
  • ELIZABETH MCHALEY (INFORMATION PROGRAM DIR. THRU 11/24): $126,086 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The zachary and elizabeth m. Fisher center for alzheimer's research foundation is dedicated to attacking the scourge of alzheimer's disease through a 3-pronged assault focused on understanding the cause of alzheimer's disease (ad), improving the care of people living with the disease to enhance their quality of life and that of their caregivers and families, and finding a cure.

What it reported doing in 2024

Rockefeller university - fisher center lab: nathaniel heintz, phd leads the fisher center lab at the rockefeller university, home to one of the largest and most advanced alzheimer's research facilities in the world. His team studies the earliest molecular events of alzheimer'sbefore amyloid-beta (a) plaques and tau tangles form. Their research on selective cellular vulnerability aims to uncover why certain brain cells die earlier than others, which could be key to developing treatments.at the fisher center lab at the rockefeller university, researchers under the direction of nathaniel heintz, phd, continue to unravel the earliest molecular changes in alzheimer's disease, aiming to understand what makes certain brain cells most vulnerable. By pioneering cutting-edge molecular profiling techniques, they are making groundbreaking discoveries that pave the way for better treatments.researchers at the fisher center lab have refined advanced cellular analysis methods to examine how specific brain cell types are affected in the earliest stages of alzheimer's. This year, the team: developed new protocols for analyzing human hippocampus and entorhinal cortex cells. Identified early-stage neuron loss in vulnerable brain layers, offering insights into disease progression. Profiled 204 unique samples across 15 different cell types. Uncovered new transcriptional and epigenetic markers that help explain selective cellular vulnerability.data-driven milestone: this year's data have confirmed known patterns of disease and uncovered new molecular events that shed light on how alzheimer's progresses at the cellular level.understanding disease progression with new staging tools: one challenge in alzheimer's research is accurately determining disease stage in donor brain samples. The fisher center lab has now developed an in-house braak staging platform, ensuring that molecular findings are properly contextualized.recent discoveries: the earliest detectable change occurs in layers 2/3 and 4 of the cortex, reinforcing their susceptibility. No significant loss was observed in layer 5a pyramidal cells, a key distinction between alzheimer's and other neurodegenerative diseases. Computational and bioinformatics tools are being applied to compare molecular changes in vulnerable vs. Resistant neurons.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 94% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 76
  • Accountability: 100
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 91.8%; rating input score 92
  • Fundraising efficiency: $22.65 raised per $1 spent on fundraising; rating input score 60; 60th percentile among comparable filings

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: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Pass
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd 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; 66th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -54.8%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 1.61; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.39; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 3.4%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 14.2% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 9.9% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 91.8% of spending went to programs
  • Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $20.6M in reported program spending
  • Leadership: top reported pay $374K · 14 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $671K reported
  • Consistency: 39 of 39 current checks pass
  • Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 1/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.