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Nonprofiteer
← ALZHEIMERS FOUNDATION OF AMERICA INC

Form 990 for tax year 2023

Filed by ALZHEIMERS FOUNDATION OF AMERICA INC.

Totals

Total revenue
$16,996,010
Total expenses
$9,328,519
Contributions and grants received
$15,620,064
Grants paid
$831,600
Program service revenue
$63,889
Investment income
$1,449,095
Other revenue
-$137,038
Total assets, end of year
$62,045,087
Total liabilities, end of year
$6,992,472
Net assets or fund balances, end of year
$55,052,615
Program services expenses (Part IX)
$7,399,162
Management and general expenses
$971,371
Fundraising expenses
$957,986
Program service expenses (Part III)
$7,399,162

Program services were 79.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $100,490

  • 1b · Membership dues

    $282,731

  • 1c · Fundraising events

    $520,721

  • 1f · All other contributions, gifts and grants

    $14,716,122

  • 1g · Noncash contributions included above

    $448,589

  • 2a · Program service revenue: PUBLIC AWARENESS

    total $63,889 · related or exempt $63,889

  • 3 · Investment income

    total $1,450,774 · excluded $1,450,774

  • 7a · Gross sales of assets other than inventory

    securities $2,969

  • 7b · Less cost or other basis and sales expenses

    securities $4,648

  • 7c · Gain or loss

    securities -$1,679

  • 7d · Net gain or loss

    total -$1,679 · excluded -$1,679

  • 8a · Fundraising events: gross income

    $24,366

  • 8a · Fundraising events: contributions included on line 1c

    $520,721

  • 8b · Fundraising events: direct expenses

    $161,404

  • 8c · Net income from fundraising events

    total -$137,038 · excluded -$137,038

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $762,000 · program services $762,000

  • 2 · Grants to domestic individuals

    total $69,600 · program services $69,600

  • 5 · Compensation of officers, directors and key employees

    total $489,736 · program services $367,302 · management and general $48,974 · fundraising $73,460

  • 7 · Other salaries and wages

    total $3,477,330 · program services $2,607,998 · management and general $347,733 · fundraising $521,599

  • 8 · Pension plan contributions

    total $65,963 · program services $49,472 · management and general $6,596 · fundraising $9,895

  • 9 · Other employee benefits

    total $449,575 · program services $337,181 · management and general $44,958 · fundraising $67,436

  • 10 · Payroll taxes

    total $291,262 · program services $218,447 · management and general $29,126 · fundraising $43,689

  • 11b · Fees: legal

    total $137,142 · program services $41,143 · management and general $95,999

  • 11c · Fees: accounting

    total $40,500 · program services $8,100 · management and general $28,350 · fundraising $4,050

  • 11f · Fees: investment management

    total $129,594 · management and general $129,594

  • 11g · Fees: other

    total $407,464 · program services $264,852 · management and general $81,493 · fundraising $61,119

  • 12 · Advertising and promotion

    total $702,441 · program services $632,197 · fundraising $70,244

  • 13 · Office expenses

    total $494,862 · program services $371,147 · management and general $74,229 · fundraising $49,486

  • 14 · Information technology

    total $112,813 · program services $90,250 · management and general $11,281 · fundraising $11,282

  • 16 · Occupancy

    total $779,998 · program services $701,998 · management and general $39,000 · fundraising $39,000

  • 17 · Travel

    total $85,592 · program services $85,592

  • 19 · Conferences, conventions and meetings

    total $138,226 · program services $138,226

  • 22 · Depreciation, depletion and amortization

    total $67,692 · program services $57,538 · management and general $6,769 · fundraising $3,385

  • 23 · Insurance

    total $41,928 · program services $35,639 · management and general $4,193 · fundraising $2,096

  • 24a · Other expenses: RESOURCE MATERIALS

    total $390,504 · program services $390,504

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $168,504 · program services $151,654 · management and general $16,850

  • 24c · Other expenses: MAINTENANCE AND REPAIRS

    total $24,902 · program services $17,431 · management and general $6,226 · fundraising $1,245

  • 24e · All other expenses

    total $891 · program services $891

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,462,833 · end of year $1,826,427

  • 2 · Savings and temporary cash investments

    beginning of year $9,979,129 · end of year $15,526,821

  • 3 · Pledges and grants receivable

    beginning of year $1,246,884 · end of year $575,363

  • 9 · Prepaid expenses and deferred charges

    beginning of year $195,631 · end of year $119,073

  • 10a · Land, buildings and equipment: cost or other basis

    $1,789,508

  • 10b · Land, buildings and equipment: accumulated depreciation

    $517,529

  • 10c · Land, buildings and equipment, net

    beginning of year $145,891 · end of year $1,271,979

  • 11 · Investments: publicly traded securities

    beginning of year $29,517,861 · end of year $37,359,090

  • 15 · Other assets

    beginning of year $5,770,038 · end of year $5,366,334

  • 17 · Accounts payable and accrued expenses

    beginning of year $288,867 · end of year $523,688

  • 18 · Grants payable

    beginning of year $1,091,158 · end of year $1,047,455

  • 25 · Other liabilities

    beginning of year $5,760,684 · end of year $5,421,329

  • 27 · Net assets without donor restrictions

    beginning of year $37,029,200 · end of year $47,687,262

  • 28 · Net assets with donor restrictions

    beginning of year $7,148,358 · end of year $7,365,353

Mission and programs · 2023

Mission

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.

Activities or mission (Part I)

TO PROVIDE OPTIMAL CARE & SERVICES TO THOSE CONFRONTING ALZHEIMER'S DISEASE & RELATED DEMENTIA

  • 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 SERVESFAMILIES 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.

    Expenses $7,399,162 · Grants $831,600 · Revenue $63,889

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Bert E Brodsky

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5

  • Barry Berg

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Gerald Angowitz

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Luisa Eschevarria

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Steve Israel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Arthur S Laitman Esq

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Lee J Brodsky

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Nathan Halegua

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Stuart Rabinowitz Esq

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Charles J Fuschillo Jr

    PRESIDENT/CEO

    Total calculated
    $366,891
    From this org
    $351,566
    From related orgs
    $0
    Other
    $15,325
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $351,566
    Bonus
    $0
    Other
    $0
    Deferred
    $13,200
    Nontaxable benefits
    $2,125
    Filer's total
    $366,891

  • Andrew Berko Resigned 51923

    DIRECTOR OF FINANCE

    Total calculated
    $89,652
    From this org
    $71,976
    From related orgs
    $0
    Other
    $17,676
    Hours/week
    50

  • Martine Denis-Dioulo

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $128,985
    From this org
    $113,367
    From related orgs
    $0
    Other
    $15,618
    Hours/week
    50

  • Jennifer Reeder

    DIRECTOR OF EDUCATIONAL & SOCIAL SERVICES

    Total calculated
    $133,831
    From this org
    $116,535
    From related orgs
    $0
    Other
    $17,296
    Hours/week
    50

  • Lelia Case

    DIRECTOR OF HUMAN SERVICES

    Total calculated
    $147,216
    From this org
    $135,295
    From related orgs
    $0
    Other
    $11,921
    Hours/week
    50

  • Maria Correia

    DIRECTOR OF FINANCE

    Total calculated
    $119,109
    From this org
    $113,861
    From related orgs
    $0
    Other
    $5,248
    Hours/week
    50

  • Christopher Schneider

    DIRECTOR OF COMMUNICATIONS

    Total calculated
    $170,324
    From this org
    $125,208
    From related orgs
    $0
    Other
    $45,116
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $125,208
    Bonus
    $0
    Other
    $0
    Deferred
    $5,568
    Nontaxable benefits
    $39,548
    Filer's total
    $170,324

  • Josephine Di Chiara

    DIRECTOR OF GRANT ADMINISTRATION

    Total calculated
    $165,226
    From this org
    $144,335
    From related orgs
    $0
    Other
    $20,891
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $144,335
    Bonus
    $0
    Other
    $0
    Deferred
    $5,886
    Nontaxable benefits
    $15,005
    Filer's total
    $165,226

  • Stephanie Evans-Ariker

    DIRECTOR OF EXTERNAL AFFAIRS

    Total calculated
    $133,576
    From this org
    $114,789
    From related orgs
    $0
    Other
    $18,787
    Hours/week
    50

  • Donna De Lavante Raphael PhD

    DIRECTOR, NATIONAL MEMORY SCREENING

    Total calculated
    $126,623
    From this org
    $110,730
    From related orgs
    $0
    Other
    $15,893
    Hours/week
    50

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
ANDREW BERKO, DIRECTOR OF FINANCE, RESIGNED ON 5/19/2023 AND RECEIVED $4,444.45 AS SEVERANCE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
18 November 2024
IRS schema version
2023v5.1
Source object
202423249349301332

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.