Civic Intelligence

Als Therapy Alliance Inc Co Robert Brown Jr MD D Phil

990 • Fiscal year 2016 • EIN 01-0621493

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

16 Oakland AveNeedham, MA 02492

(603) 664-5005

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.57x

Higher debt load relative to assets than 86% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

100th percentile

110.22x

Higher debt load relative to revenue than 100% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

1st percentile

-9310%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

2nd percentile

-53%

Faster asset growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-98%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$584,279

Down $666,559 (-53%) from 2015

Net Assets

Down

$249,984

Down $282,376 (-53%) from 2015

Liabilities

Down

$334,295

Down $384,183 (-53%) from 2015

Revenue

Down

$3,033

Down $119,484 (-98%) from 2015

Expenses

Down

$285,409

Down $916,990 (-76%) from 2015

Net Income

Up

-$282,376

Up $797,506 (+74%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $9,613,171Liabilities 2011: $1,930,976Net Assets 2011: $7,682,1952011Assets 2012: $7,526,243Liabilities 2012: $2,402,250Net Assets 2012: $5,123,9932012Assets 2013: $7,264,973Liabilities 2013: $3,108,759Net Assets 2013: $4,156,2142013Assets 2014: $3,402,865Liabilities 2014: $1,790,623Net Assets 2014: $1,612,2422014Assets 2015: $1,250,838Liabilities 2015: $718,478Net Assets 2015: $532,3602015Assets 2016: $584,279Liabilities 2016: $334,295Net Assets 2016: $249,9842016Assets 2018: $117,121Liabilities 2018: $0Net Assets 2018: $117,1212018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2016

Assets$584,279
Liabilities$334,295
Net Assets$249,984

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $4,491,404Expenses 2011: $2,078,955Net Income 2011: $2,412,4492011Expenses 2012: $5,151,8692012Revenue 2013: $4,576,659Expenses 2013: $5,544,113Net Income 2013: -$967,4542013Revenue 2014: $22,216Expenses 2014: $2,548,298Net Income 2014: -$2,526,0822014Revenue 2015: $122,517Expenses 2015: $1,202,399Net Income 2015: -$1,079,8822015Revenue 2016: $3,033Expenses 2016: $285,409Net Income 2016: -$282,3762016Revenue 2018: $1,168Expenses 2018: $7,423Net Income 2018: -$6,2552018Expenses 2019: $117,1212019

Highlighted filing

2016

Revenue$3,033
Expenses$285,409
Net Income-$282,376
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$3,033
Mission and Program Overview

Mission

To raise funds, primarily from individual donors and corporate sponsors, and to coordinate and fund als reasearch conducted primarily at research hospitals and universities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$354,870$543,625▲ $188,755
Savings and Temporary Cash Investments$890,610$40,654▼ $849,956
Prepaid Expenses and Deferred Charges$5,358$0▼ $5,358
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,250,838$584,279▼ $666,559
Other Assets Total-$0-
Liabilities
Grants Payable$718,237$334,295▼ $383,942
Accounts Payable and Accrued Expenses$241--
Total Liabilities$718,478$334,295▼ $384,183
Net Assets / Fund Balance
Unrestricted Net Assets$510,970$228,594▼ $282,376
Temporarily Rstr Net Assets$21,390$21,390→ $0
Total Net Assets Fund Balance$532,360$249,984▼ $282,376
Total Liabilities and Net Assets / Fund Balance$1,250,838$584,279▼ $666,559
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Bisson Barcelona LLCManagement ServicesPO BOX 458, Barrington, NH 03825$195,532
Revenue and Support

Revenue Composition

Contributions and Grants
$2,989
Program Service Revenue
$0
Investment Income
$44
Other Revenue
$0
All Other Contributions
$2,989
Change in Net Assets
$-282,376
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$221,177
Grants and Similar Amounts Paid$64,232
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$156,426$39,106-$195,532
Grants to Domestic Orgs$60,000--$60,000
Fees for Services Accounting-$6,955-$6,955
Office Expenses-$4,505-$4,505
Grants to Domestic Individuals$4,232--$4,232
Payment Travel Entrtnmnt Publicly Ofcl$4,095--$4,095
Fees for Services Other-$2,836-$2,836
Fees for Services Legal-$2,414-$2,414
Insurance-$1,565-$1,565
Other Expenses-$365-$365
Advertising-$134-$134
Total Functional Expenses$224,753$60,656$0$285,409
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
John Hopkins UniverstiyBaltimore, MD-Als Resarch$60,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

Day-to-day managaement duties are performed by bisson barcelona llc under a management agreement.

Form 990, Part VI, Line 11B: Form 990 Review Process

Copy of the form 990 will be provided to and reviewed by board members.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Als Therapy Alliance Inc
EIN
01-0621493
Phone
6036645005
Address
16 OAKLAND AVE, NEEDHAM, MA 02492

Signing Officer

Name
Traci Bisson
Title
Executive Director
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Martin J Scafidi PC
Address
7 Essex Green Drive 66, Peabody, MA 01960
Preparer
Martin J Scafidi
Phone
9785381919
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services

The organization is planning on ceasing oprerations in 2017 or 2018, therefore it is not soliciting additional contributions or grant proposals.

Raw XML AppendixShowing 400 of 469 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PYTotalExpensesAmt01202399
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IRS990/PYTotalRevenueAmt0122517
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt040654
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02989
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0119777
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt013544
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt04565569
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02588389
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt07290268
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt013721
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt017479
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt044182
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04266
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt08672
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt013721
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt017479
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt044182
IRS990ScheduleA/InvestmentIncomeCYPct00.00600
IRS990ScheduleA/InvestmentIncomePYPct00.00390
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IRS990ScheduleA/PublicSupportCY509Pct00.99400
IRS990ScheduleA/PublicSupportPY509Pct00.99610
IRS990ScheduleA/PublicSupportTotal509Amt07290268
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0119777
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt013544
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04565569
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02588389
IRS990ScheduleA/Total509Grp/TotalAmt07290268
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03033
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0124043
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt022216
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04579290
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02605868
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07334450
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IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt060000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ALS RESARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0JOHN HOPKINS UNIVERSTIY
IRS990ScheduleI/RecipientTable/RecipientEIN0520595110
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03910 KESWICK ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BALTIMORE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd021211
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0CASH PAID
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION REQUIRES GRANTEES TO SUBMIT PROGRESS REPORTS EVERY SIX MONTHS DEMONSTRATING PROGRESS TOWARD THE PROPOSED RESEARCH INVESTIGATION INITIALLY PROPOSED BY THE GRANTEE AND APPROVED BY THE ORGANIZATION. ORGANIZATION ALSO REQUIRES FINAL REPORT OF RESULTS AT THE CONCLUSION OF RESEARCH INVESTIGATION. ORGANIZATION ALSO REQUIRES FINANCIAL STATEMENT OF ALL GRANT EXPENDITURES FILED WITHIN 60 DAYS OF EXPIRATION OF GRANT PERIOD. ORGANIZATION MAY WITHHOLD FUTURE FUNDS FROM GRANTEE IF REPORTS ARE NOT FILED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
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IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0PD ON PY GRANT
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt1PD ON PY GRANT
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt2PD ON PY GRANT
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt3PD ON PY GRANT
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt0258942
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0LAWRENCE HAYWARD MD
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm1ROBERT HORVITZ MD
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm2TOM MANIATIS MD
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm3DR ROBERT BROWN
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt1DIRECTOR
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt2DIRECTOR
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt3PRESIDENT
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0GRANT TO ER
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt1GRANT TO ER
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt2GRANT TO ER
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt3GRANT TO ER
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S BOARD OF DIRECTORS INCLUDES SEVERAL HIGHLY TRAINED RESEARCH SCIENTISTS WITH EXPERTISE IN ALS RESEARCH. THESE DIRECTOR/SCIENTISTS CAN APPLY FOR RESEARCH GRANTS ON BEHALF OF THE RESEARCH FACILITIES WHERE THEY ARE EMPLOYED ("ER"). WHEN GRANT PROPOSALS FROM BOARD OF DIRECTOR MEMBERS ARE CONSIDERED BY THE BOARD OF DIRECTORS, THE BOARD MEMBER APPLYING MUST LEAVE THE ROOM AND RECUSE THEMSELVES FROM ALL DISCUSSION AND VOTING ON THE GRANTS.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS PLANNING ON CEASING OPRERATIONS IN 2017 OR 2018, THEREFORE IT IS NOT SOLICITING ADDITIONAL CONTRIBUTIONS OR GRANT PROPOSALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DAY-TO-DAY MANAGAEMENT DUTIES ARE PERFORMED BY BISSON BARCELONA LLC UNDER A MANAGEMENT AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPY OF THE FORM 990 WILL BE PROVIDED TO AND REVIEWED BY BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0true
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false

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