Alzheimers Foundation Of America Inc
- Assets
- $39.9m
- Revenue
- $14.9m
- Investments
- $0.0
- Employees
- 49
- Location
- New York, NY
- Founding
- 01/1998
- Data as of
- 12/2021
- EIN
- 91-1792864
Organization Overview
Alzheimers Foundation Of America Inc is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (G83) the organization is classified as: Alzheimers Disease, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Alzheimers Foundation Of America Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alzheimers Foundation Of America 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 12/2021, Alzheimers Foundation Of America Inc generated $14.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $8.0m during the year ending 12/2021. While expenses have increased by 5.2% per year over the past 7 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.
Since 2014, Alzheimers Foundation Of America Inc has awarded 311 individual grants totaling $4,191,637. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE OPTIMAL CARE & SERVICES TO THOSE CONFRONTING ALZHEIMER'S DISEASE & RELATED DEMENTIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE ALZHEIMER'S FOUNDATION OF AMERICA (AFA) IS TO PROVIDE SUPPORT, SERVICES AND EDUCATION TO INDIVIDUALS, FAMILIES AND CAREGIVERS AFFECTED BY ALZHEIMER'S DISEASE AND RELATED DEMENTIAS NATIONWIDE, AND FUND RESEARCH FOR BETTER TREATMENT AND A CURE. AFA'S SEVEN-DAY A WEEK NATIONAL TOLL-FREE HELPING IS STAFFED BY LICENSED SOCIAL WORKERS, PROVIDING SUPPORT AND ASSISTANCE TO CALLERS. AFA'S NATIONAL NETWORK OF MORE THAN 2,000 MEMBER ORGANIZATIONS SERVES FAMILIES AFFECTED BY ALZHEIMER'S DISEASE AND OTHER DEMENTIA-RELATED ILLNESSES IN EACH OF THE FIFTY STATES. THE AFA NATIONAL MEMORY SCREENING PROGRAM PROVIDES FREE CONFIDENTIAL MEMORY SCREENINGS AND HAS SCREENED MORE THAN 5,034,545 PEOPLE TO DATE. AFA WORKS WITH PROFESSIONAL CAREGIVERS AND DEMENTIA-CARE SETTINGS TO PROVIDE THEM WITH ADDITIONAL TRAINING AND CONTINUING EDUCATION TO ELEVATE THE LEVEL OF PROVIDED CARE. THROUGH ITS DEMENTIA CARE PROFESSIONALS OF AMERICA DIVISION, AFA HAS TRAINED MORE THAN 16,500 HEALTHCARE PROFESSIONALS IN DEMENTIA-SPECIFIC CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles J Fuschillo Jr President/ceo | Officer | 50 | $323,726 |
Donald Barclay CFO (to 11/12/2021) | Officer | 50 | $177,846 |
Eric Sokol Senior VP - Public Policy | Officer | 50 | $139,223 |
Paula Barbag VP - Development | Officer | 50 | $133,009 |
Josephine Di Chiara VP - Grant Administration | Officer | 50 | $128,362 |
Regina Caple Director Of Human Resources | 50 | $127,736 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $112,636 |
| Membership dues | $95,009 |
| Fundraising events | $346,361 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,776,922 |
| Noncash contributions included in lines 1a–1f | $88,833 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,330,928 |
| Total Program Service Revenue | $46,152 |
| Investment income | $529,271 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,246 |
| Net Income from Fundraising Events | -$47,676 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,859,921 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,617,156 |
| Grants and other assistance to domestic individuals. | $55,025 |
| Grants and other assistance to Foreign Orgs/Individuals | $200,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,126,380 |
| Compensation of current officers, directors, key employees. | $102,678 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,967,477 |
| Pension plan accruals and contributions | $48,266 |
| Other employee benefits | $305,650 |
| Payroll taxes | $228,552 |
| Fees for services: Management | $55,408 |
| Fees for services: Legal | $52,973 |
| Fees for services: Accounting | $18,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $75,399 |
| Fees for services: Other | $91,694 |
| Advertising and promotion | $484,503 |
| Office expenses | $475,578 |
| Information technology | $71,650 |
| Royalties | $0 |
| Occupancy | $703,730 |
| Travel | $7,752 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $127,014 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $76,519 |
| Insurance | $17,909 |
| All other expenses | $2,527 |
| Total functional expenses | $8,027,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $828,158 |
| Savings and temporary cash investments | $8,865,742 |
| Pledges and grants receivable | $277,520 |
| Accounts receivable, net | $0 |
| 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 | $172,258 |
| Net Land, buildings, and equipment | $157,264 |
| Investments—publicly traded securities | $29,608,799 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $27,533 |
| Total assets | $39,937,274 |
| Accounts payable and accrued expenses | $319,694 |
| Grants payable | $1,140,656 |
| 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 | $0 |
| Total liabilities | $1,460,350 |
| Net assets without donor restrictions | $32,265,362 |
| Net assets with donor restrictions | $6,211,562 |
| 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 | $39,937,274 |
Grants Awarded
Over the last fiscal year, Alzheimers Foundation Of America Inc has awarded $1,617,156 in support to 79 organizations.
| Grant Recipient | Amount |
|---|---|
Westbury, NY PURPOSE: 2021 RESEARCH GRANT | $998,156 |
New York, NY PURPOSE: 2021 RESEARCH GRANT | $100,000 |
Duluth, GA PURPOSE: 2021 BRODSKY GRANT | $25,000 |
Montgomery, AL PURPOSE: 2021 BRODSKY GRANT | $25,000 |
Commack, NY PURPOSE: 2021 BRODSKY GRANT | $25,000 |
Tyler, TX PURPOSE: 2021 FALL RESPITE GRANT | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Alzheimers Foundation Of America Inc has recieved totaling $3,075.
| Awarding Organization | Amount |
|---|---|
Lucey Charitable Foundation Inc Mount Pleasant, SC PURPOSE: EDUCATION | $1,000 |
Zissu Family Foundation Short Hills, NJ PURPOSE: TO FURTHER DONEES EXEMPT PURPOSE | $1,000 |
I J & Mary Larosa Memorial Foundation Inc Lincoln Park, NJ PURPOSE: TO PROVIDE OPTIMALCARE TO THOSE CONFRONTINGDIMENTIA | $900 |
Swagelok Foundation Solon, OH PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE | $175 |
Endowment Analysis
| Beg. Balance | $488,306 |
| Earnings | $874 |
| Ending Balance | $489,180 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Livewell Alliance Inc Plantsville, CT | $18,490,904 | $21,975,503 |
Alzheimers Foundation Of America Inc New York, NY | $39,937,274 | $14,859,921 |
Rogerson House Inc Boston, MA | $9,943,495 | $6,184,101 |
Coalition Of New York State Cohoes, NY | $1,199,454 | $4,999,250 |
Alzheimers Disease And Related Disorders New York City Inc New York, NY | $4,860,903 | $6,165,848 |
The Long Island Alzheimers And Dementia Center Westbury, NY | $1,943,694 | $1,743,458 |
The Mertz Charitable Trust Pittsburgh, PA | $0 | $180,463 |
Ftd Disorders Registry Llc King Of Prussia, PA | $1,122,791 | $727,717 |
Alzheimers Disease Resourcecenter Inc East Islip, NY | $2,273,072 | $1,512,511 |
Alzheimers Family Caregiver Support Center Inc Brewster, MA | $1,242,490 | $1,014,307 |
Jog Your Memory 5k Inc Needham, MA | $116,756 | $249,909 |
Jewish Senior Life Community Services Inc Rochester, NY | $1,086,635 | $159,394 |