Tick-borne Disease Alliance Fka Turn the Corner Foundation

Nonprofit profile at a glance

EIN
030392311
IRS 990 coverage
2012–2013
Forms available
Form 990 2013
Location
New York, NY, USA
Phone
6464504882
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$881,367
Expenses
$1,109,143
Assets
$894,078
Liabilities
$46,979

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • STACI GRODIN (PRESIDENT)
  • DREW GOLDMAN (VICE-PRESIDENT)
  • NAN KURZMAN (VICE-PRESIDENT)
  • JODI NASS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JODI NASS (EXECUTIVE DIRECTOR): $108,333 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Dynamic, inclusive and passionate, the tick-borne disease alliance is dedicated to raising awareness, promoting advocacy and supporting initiatives to find a cure for tick-borne diseases, including lyme.

What it reported doing in 2013

Dynamic, inclusive and passionate, the tick-borne disease alliance (tbda) is dedicated to raising awareness, supporting initiatives and promoting advocacy to find a cure for tick-borne diseases, including lyme. Mindful of the urgency of this escalating public health crisis, turn the corner foundation, co-founded by staci grodin, and the tick-borne disease initiative, founded by david roth, decided to consolidate their efforts in the fight for a cure. In early 2012, they joined forces to form a new, national organization-the tbda. As part of our efforts to raise funds to support much-needed research, tbda will embark on a quest to develop a diagnostic tool as a first step toward eradicating the diseases. Working with others in the tick-borne disease community nationwide, tbda seeks to raise public awareness through education and create a unified voice for advocacy regarding the current epidemic in order to make a real difference.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 78% for direct work, and 22% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 89
  • Accountability: 90
  • Sustainability: 26
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.3%; rating input score 79
  • Program expense ratio: 63%; rating input score 63
  • Fundraising efficiency: $3.39 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 95.5%; rating input score 95; 37th 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; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: -25.8%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 63; 63rd percentile among comparable filings
  • Officer compensation ratio: 9.8%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -21.4% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -20.3% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 79.3% of revenue deployed · 63% of spending went to programs
  • Governance: 15 of 15 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $699K in reported program spending
  • Leadership: top reported pay $108K · 16 people listed
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2012 to 2013
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 3 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.

Key Signals

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

  • High — Financial Efficiency: Fundraising efficiency scored 12/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 5/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.