Civic Intelligence

Alzheimer'S Disease And

EIN 13-3277408 • 501(c)3 • New York, NY

View Organization Page

Profile

To create, deliver, and promote comprehensive and compassionate care and support services for individuals and families affected by alzheimer's disease and related dementias, and to eliminate alzheimer's disease through the advancement of research.

360 Lexington Avenue 3rd FLNew York, NY 10017

www.caringkindnyc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.23x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

63rd percentile

0.38x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

20th percentile

-7.7%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

77th percentile

$301,858

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

11th percentile

-10.0%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

7th percentile

-39%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$10,510,973

Up $2,949,758 (+39%) from 2023

Liabilities

Down

$2,929,104

Down $899,850 (-24%) from 2023

Net Assets

Up

$7,581,869

Up $3,849,608 (+103%) from 2023

Operations
Liabilities / Revenue63rd percentileNet Margin20th percentile

Revenue

Up

$9,557,108

Up $3,992,682 (+72%) from 2023

Expenses

Up

$5,871,032

Up $673,316 (+13%) from 2023

Net Income

Up

$3,686,076

Up $3,319,366 (+905%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $16,850,104Liabilities 2011: $4,582,470Net Assets 2011: $12,267,6342011Assets 2012: $14,712,544Liabilities 2012: $2,713,108Net Assets 2012: $11,999,4362012Assets 2013: $12,909,242Liabilities 2013: $3,080,190Net Assets 2013: $9,829,0522013Assets 2014: $11,096,131Liabilities 2014: $2,963,638Net Assets 2014: $8,132,4932014Assets 2015: $10,655,538Liabilities 2015: $2,971,245Net Assets 2015: $7,684,2932015Assets 2016: $8,676,636Liabilities 2016: $2,506,571Net Assets 2016: $6,170,0652016Assets 2017: $6,315,518Liabilities 2017: $2,703,257Net Assets 2017: $3,612,2612017Assets 2018: $4,418,558Liabilities 2018: $2,138,466Net Assets 2018: $2,280,0922018Assets 2019: $3,692,768Liabilities 2019: $1,387,531Net Assets 2019: $2,305,2372019Assets 2020: $3,194,996Liabilities 2020: $1,838,211Net Assets 2020: $1,356,7852020Assets 2021: $4,187,791Liabilities 2021: $2,106,195Net Assets 2021: $2,081,5962021Assets 2022: $4,860,903Liabilities 2022: $1,496,654Net Assets 2022: $3,364,2492022Assets 2023: $7,561,215Liabilities 2023: $3,828,954Net Assets 2023: $3,732,2612023Assets 2024: $10,510,973Liabilities 2024: $2,929,104Net Assets 2024: $7,581,8692024

Highlighted filing

2024

Assets$10,510,973
Liabilities$2,929,104
Net Assets$7,581,869
Open 2024 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $9,139,763Expenses 2011: $6,059,108Net Income 2011: $3,080,6552011Revenue 2012: $7,128,144Expenses 2012: $7,462,054Net Income 2012: -$333,9102012Revenue 2013: $6,503,272Expenses 2013: $8,607,802Net Income 2013: -$2,104,5302013Revenue 2014: $6,946,000Expenses 2014: $8,745,553Net Income 2014: -$1,799,5532014Revenue 2015: $8,221,769Expenses 2015: $8,645,784Net Income 2015: -$424,0152015Revenue 2016: $8,683,878Expenses 2016: $10,192,146Net Income 2016: -$1,508,2682016Revenue 2017: $6,997,404Expenses 2017: $9,553,209Net Income 2017: -$2,555,8052017Revenue 2018: $5,789,395Expenses 2018: $7,118,941Net Income 2018: -$1,329,5462018Revenue 2019: $6,287,532Expenses 2019: $6,266,256Net Income 2019: $21,2762019Revenue 2020: $3,485,894Expenses 2020: $4,431,045Net Income 2020: -$945,1512020Revenue 2021: $4,855,931Expenses 2021: $4,130,176Net Income 2021: $725,7552021Revenue 2022: $6,165,848Expenses 2022: $4,883,031Net Income 2022: $1,282,8172022Revenue 2023: $5,564,426Expenses 2023: $5,197,716Net Income 2023: $366,7102023Revenue 2024: $9,557,108Expenses 2024: $5,871,032Net Income 2024: $3,686,0762024

Highlighted filing

2024

Revenue$9,557,108
Expenses$5,871,032
Net Income$3,686,076
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,510,973
Liabilities
$2,929,104
Net assets
$7,581,869
Revenue
$9,557,108
Expenses
$5,871,032
Net income
$3,686,076
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.5$2.93$7.58$9.56$5.87$3.69
2023Detailed filing. Detailed filing data is available for this year.$7.56$3.83$3.73$5.56$5.20$0.37
2022Detailed filing. Detailed filing data is available for this year.$4.86$1.50$3.36$6.17$4.88$1.28
2021Detailed filing. Detailed filing data is available for this year.$4.19$2.11$2.08$4.86$4.13$0.73
2020Detailed filing. Detailed filing data is available for this year.$3.19$1.84$1.36$3.49$4.43$0.95
2019Detailed filing. Detailed filing data is available for this year.$3.69$1.39$2.31$6.29$6.27$0.02
2018Detailed filing. Detailed filing data is available for this year.$4.42$2.14$2.28$5.79$7.12$1.33
2017Detailed filing. Detailed filing data is available for this year.$6.32$2.70$3.61$7.00$9.55$2.56
2016Detailed filing. Detailed filing data is available for this year.$8.68$2.51$6.17$8.68$10.2$1.51
2015Summary only. Only limited summary data is available for this year.$10.7$2.97$7.68$8.22$8.65$0.42
2014Detailed filing. Detailed filing data is available for this year.$11.1$2.96$8.13$6.95$8.75$1.80
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$3.08$9.83$6.50$8.61$2.10
2012Summary only. Only limited summary data is available for this year.$14.7$2.71$12.0$7.13$7.46$0.33
2011Summary only. Only limited summary data is available for this year.$16.9$4.58$12.3$9.14$6.06$3.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 12, 2025
Return Version
2023v6.0
Gross Receipts
$16,703,687
Mission and Program Overview

Mission

To create, deliver, and promote comprehensive and compassionate care and support services for individuals and families affected by alzheimer's disease and related dementias, and to eliminate alzheimer's disease through the advancement of research.

The mission of caringkind is to create, deliver, and promote comprehensive and compassionate care and support services for individuals and families affected by alzheimer's disease and related dementias, and to eliminate alzheimer's disease through the advancement of research. We achieve our mission by providing programs and services for individuals with dementia, their family and professional caregivers; increasing public awareness; collaborating with research centers; and informing public policy through advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,263,204$4,135,865▲ $2,872,661
Pledges and Grants Receivable$975,849$2,883,735▲ $1,907,886
Land, Buildings, and Equipment, Net$873,934$674,029▼ $199,905
Savings and Temporary Cash Investments$1,186,916$342,630▼ $844,286
Accounts Receivable$446,357$324,558▼ $121,799
Prepaid Expenses and Deferred Charges$117,482$148,751▲ $31,269
Investments Other Securities$361,534$131,744▼ $229,790
Cash and Non-Interest-Bearing Accounts$164$105▼ $59
Total Assets$7,561,215$10,510,973▲ $2,949,758
Other Assets Total$2,335,775$1,869,556▼ $466,219
Liabilities
Other Liabilities$3,394,229$2,710,878▼ $683,351
Accounts Payable and Accrued Expenses$365,783$218,065▼ $147,718
Deferred Revenue$68,942$161▼ $68,781
Total Liabilities$3,828,954$2,929,104▼ $899,850
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,127,527$5,866,022▲ $3,738,495
Net Assets With Donor Restrictions$1,604,734$1,715,847▲ $111,113
Total Net Assets Fund Balance$3,732,261$7,581,869▲ $3,849,608
Total Liabilities and Net Assets / Fund Balance$7,561,215$10,510,973▲ $2,949,758

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$647,563$2,048,279$2,695,842
Equipment$26,466$674,451$700,917
Other Assets Org$1,816,036--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$161,831-▲ $8,191$11,939$158,083
2022$157,401-▲ $4,430-$161,831
2021$163,409-▲ $19$6,027$157,401
2020$271,280-▲ $17$107,888$163,409
2019$266,585-▲ $4,695-$271,280
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eleonora Carmen TornatorePresident & CEOFT$247,211$23,338$270,549
Stephani L ShiversCIO & VP Program DevelopmentPT$152,250$13,310$165,560
Alex WongChief Financial OfficerFT$132,270$20,344$152,614
Peggy ChuSr. VP, Chief Operations OfficerFT$122,240$21,333$143,573
Edward Cisek Chief ResearchGrants & Evaluation OfficerFT$122,254$18,175$140,429
Andrea Tallent SpivakVP of Dev. & Strategic AllianceFT$138,115$430$138,545

Board Members and Trustees

NameTitle
Jeffrey N JonesCo-chair
Linda LagorgaCo-chair
Sharon K KilmerVice Chair & Treasurer
Alisa Kauffman Dmd PcDirector
Betsy BillardDirector
Betty J BrennanDirector
Elaine ThomasDirector
Gayatri Devi Md Ms FaanDirector
Joanna Pena-bickleyDirector
John a MooreDirector
Jonathan S HenesDirector
Mark ZurackDirector
Nimesh UdeshiDirector
Rachel BerkDirector
Robert Glatter MdDirector
Sandra S BaronDirector
Sarah HoitDirector
Tamryn ShamiDirector
Tim WalshDirector
Wayne L KaplanDirector
David Z HirshDirector (ended 6/24)
Diane HerdlingDirector (ended 6/24)
Gurney Williams IiiDirector (ended 6/24)
Richard S HelsteinDirector (ended 6/24)
Meghann GillDirector (started 4/24)
Joe FisherDirector (started 6/24)
Patrick DolanDirector (started 6/24)
Pauline Yeung-haSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$9,273,907
Program Service Revenue
$83,363
Investment Income
$145,654
Other Revenue
$54,184
All Other Contributions
$6,395,309
Change in Net Assets
$3,686,076

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded9$2,261,752Market Value
Cars and Other Vehicles1$180Selling Price
Total Noncash Contributions10$2,261,932-

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,557,108
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$165,482
Total Revenue per Audited Statements
$9,722,590
Total Revenue per Form 990
$9,557,108
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,491,811
Other Expenses$2,004,466
Total Fundraising Expense$907,271
Grants and Similar Amounts Paid$374,755
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,859,317$269,044$295,206$2,423,567
Occupancy$634,305$66,049$102,875$803,229
Current Officers, Directors, Trustees, and Key Employees$114,080$209,730$116,413$440,223
Fees for Services Other$227,184$5,999$75,221$308,404
Payroll Taxes$195,727$45,905$40,278$281,910
Other Employee Benefits$187,520$36,460$37,712$261,692
Office Expenses$102,755$9,830$140,317$252,902
Grants to Domestic Orgs$225,276--$225,276
Depreciation Depletion$176,001$15,491$25,813$217,305
Conferences and Meetings$176,176--$176,176
Grants to Domestic Individuals$149,479--$149,479
Pension Plan Contributions$67,469$7,455$9,495$84,419
Advertising$40,793$604$23,050$64,447
Travel$34,168$968$20,157$55,293
All Other Expenses$25,136$4,600$11,233$40,969
Fees for Services Accounting-$37,196-$37,196
Insurance$28,474$4,139$3,620$36,233
Fees for Services Legal--$5,431$5,431
Other Expenses$636-$450$636
Total Functional Expenses$273,415$0$591,666$865,081

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,872,982
Expenses per Audited Statements$5,871,032
Total Expenses per Form 990$5,871,032
Expenses Not Reported on Form 990$1,950
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ALZHEIMER'S ASSOCIATIONNew York, NY-Grant Award for the Fundraising Efforts of the Caring to Remember Event$100,000
US AGAINST ALZHEIMER'SWashington, DC-Grant Award for the Fundraising Efforts of the Caring to Remember Event$100,000
Brightfocus FoundationClarksburg, MD-Sponsorship for Benefit Concert for Cures$15,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$379,938
Fundraising Direct Expenses$338,578
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
ALZHEIMER'S WALK$522,478---
Gala$1,354,975$281,113-$281,113
Total Events$2,677,536$379,938$338,578$41,360
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$2,648,806
Finance Lease Liabilities$48,905
Annuity Payment Obligations$13,167
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A draft of form 990 is distributed to the audit and finance committee approximately 14 days prior to the filing date for their review and comment. The amended draft is then sent to the full board approximately 7 days prior to filing.”

Form 990, Part VI, Section B, Line 12C

“All board member prospects must sign the conflict of interest policy, before they are invited to join the board. Additionally, all current officers, directors, trustees and key employees are required to sign the policy each year. They are also required to disclose immediately any interests that could give rise to conflicts, should these occur during the year.”

Form 990, Part VI, Section B, Line 15

“Ceo's performance was reviewed by the executive committee and presented to the full board. The board's executive committee also reviews data relating to salaries of ceos of other similarly situated non-profit organizations. In addition, all staff members were asked to fill out an employee feedback survey around engagement that addressed the work environment and performance of organization leadership. Based upon this feedback and market data, the executive committee recommended the compensation amount for the ceo for the upcoming fiscal year to the full board for approval. The salaries of key management employees were determined by the ceo and presented to the board's executive committee. Upon the approval of the executive committee, the full board reviewed compensation through the approval of the annual budget.”

Form 990, Part VI, Section C, Line 19

“Caringkind's financial statements are made available to the public on the organization's website. The conflict of interest policy is available upon request.”

Filing and Contact Details

Filer

Filer Name
ALZHEIMER'S DISEASE AND
EIN
13-3277408
Phone
6467442900
Address
360 LEXINGTON AVENUE 3RD FL, NEW YORK, NY 10017
Doing Business As
Caringkind

Signing Officer

Name
Eleonora Carmen Tornatore
Title
President and CEO
Phone
6467442900
Signed
2025-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eleonora Carmen Tornatore
Formed
1985
Legal Domicile
Ny
Voting Board Members
24
Independent Board Members
24
Employees
42
Volunteers
255

Preparer

Firm
GRASSI & CO CPA'S PC
Address
360 MADISON AVENUE 7TH FLOOR, NEW YORK, NY 10017
Preparer
Jaime Rapps
Phone
2126616166
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Caringkind has an audit and finance committee that assumes responsibility for oversight of the audit and compilation of the financial statements and selection of an independent accountant. The oversight process has not changed since the prior year.”

Financial Statement Notes

PART V, LINE 4:

“Caringkind's endowment consists of two individual donor-restricted endowment funds established to create and promote comprehensive and humane care and treatment for persons with alzheimer's disease and related diseases.”

PART X, LINE 2:

“Caringkind has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. Caringkind is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Caringkind believes it is no longer subject to income tax examinations for years prior to 2021.”

Raw XML AppendixShowing 400 of 889 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/ActivityOrMissionDesc0THE MISSION OF CARINGKIND IS TO CREATE, DELIVER, AND PROMOTE COMPREHENSIVE AND COMPASSIONATE CARE AND SUPPORT SERVICES FOR INDIVIDUALS AND FAMILIES AFFECTED BY ALZHEIMER'S DISEASE AND RELATED DEMENTIAS, AND TO ELIMINATE ALZHEIMER'S DISEASE THROUGH THE ADVANCEMENT OF RESEARCH. WE ACHIEVE OUR MISSION BY PROVIDING PROGRAMS AND SERVICES FOR INDIVIDUALS WITH DEMENTIA, THEIR FAMILY AND PROFESSIONAL CAREGIVERS; INCREASING PUBLIC AWARENESS; COLLABORATING WITH RESEARCH CENTERS; AND INFORMING PUBLIC POLICY THROUGH ADVOCACY.
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IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt29CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt30VP OF DEV. & STRATEGIC ALLIANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt31SR. VP, CHIEF OPERATIONS OFFICER
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