Alosa Health Inc
- Assets
- $9.7m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 8
- Location
- Boston, MA
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 20-2028893
Organization Overview
Alosa Health Inc is located in Boston, MA. The organization was established in 2006. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Alosa Health Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alosa Health Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Alosa Health Inc generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $6.4m during the year ending 12/2022. While expenses have increased by 12.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALOSA HEALTH IS THE NATIONAL NONPROFIT LEADER IN DEVELOPING AND IMPLEMENTING PROGRAMS OF ACADEMIC DETAILING TO IMPROVE PRESCRIBING. WE BELIEVE THAT MEDICAL DECISIONS SHOULD BE BASED ON UNBIASED, EVIDENCE-BASED INFORMATION THAT HELPS PRESCRIBERS MAKE APPROPRIATE CLINICAL DECISIONS BASED ON THE BEST AVAILABLE DATA. THE MODEL USES SPECIALLY TRAINED CLINICAL EDUCATORS WHO MEET ONE-ON-ONE WITH PHYSICIANS, NURSE PRACTITIONERS, AND PHYSICIAN ASSISTANTS (AT THEIR PRACTICE LOCATIONS), TO DISCUSS THE MOST RECENT CLINICAL DATA ON A PARTICULAR PRIMARY CARE TOPIC. THIS APPROACH PROVIDES AN EFFECTIVE AND CONVENIENT WAY FOR PROVIDERS TO STAY UP-TO-DATE ON THE LATEST CLINICAL RESEARCH FINDINGS, WITH THE ULTIMATE GOAL OF IMPROVING PRESCRIBING DECISIONS AND PATIENT CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Avorn President | OfficerTrustee | 2 | $0 |
Karen Tucker Treasurer And Clerk | OfficerTrustee | 0.3 | $0 |
Sally Mcnagny Director | Trustee | 0.3 | $0 |
James Zuckernik Director | Trustee | 0.3 | $0 |
Niteesh Choudhry Director | Trustee | 0.3 | $0 |
Catherine Ulbricht Director | Trustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bainsrx Llc Academic Detailing Services And Training | 12/30/22 | $296,858 |
The Print House Printing | 12/30/22 | $200,136 |
Katarina Frank Academic Detailing Services; Consulting | 12/30/22 | $138,656 |
Kelly Kretzer Academic Detailing Services And Training | 12/30/22 | $146,500 |
Linda Cruz Academic Detailing Services And Training | 12/30/22 | $137,093 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,018,649 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,811 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,022,460 |
| Total Program Service Revenue | $2,880,320 |
| Investment income | $74,872 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$53,530 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,924,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $236,898 |
| Compensation of current officers, directors, key employees. | $37,451 |
| Compensation to disqualified persons | $728,958 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $29,569 |
| Other employee benefits | $65,708 |
| Payroll taxes | $67,126 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,780 |
| Fees for services: Accounting | $23,804 |
| Fees for services: Lobbying | $18,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,651,334 |
| Advertising and promotion | $0 |
| Office expenses | $475,449 |
| Information technology | $66,552 |
| Royalties | $0 |
| Occupancy | $254,467 |
| Travel | $524,441 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $651 |
| Insurance | $23,588 |
| All other expenses | $0 |
| Total functional expenses | $6,373,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,612,669 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,045,896 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $75,132 |
| Net Land, buildings, and equipment | $977 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,205 |
| Total assets | $9,744,879 |
| Accounts payable and accrued expenses | $377,448 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,577,444 |
| Total liabilities | $2,954,892 |
| Net assets without donor restrictions | $6,789,987 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,744,879 |