Civic Intelligence

Alzheimer'S Disease and Related Disorders Assoc Inc Minnesota North Dakota Chapter

990 • Fiscal year 2016 • EIN 41-1361624

Jul 01, 2015 to Jun 30, 2016 • Filed on Dec 01, 2016

7900 WEST 78TH STREET 100 SuiteMinneapolis, MN 55439

(952) 830-0512

Siviq Scores

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

Liabilities / Assets

56th percentile

0.24x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

42nd percentile

0.13x

Higher debt load relative to revenue than 42% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

36th percentile

-1.1%

Higher net margin than 36% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

73rd percentile

$186,012

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

13th percentile

-7.3%

Faster asset growth than 13% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

38th percentile

-0.9%

Faster revenue growth than 38% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$3,571,550

Down $282,792 (-7.3%) from 2015

Net Assets

Down

$2,732,021

Down $89,379 (-3.2%) from 2015

Liabilities

Down

$839,529

Down $193,413 (-19%) from 2015

Revenue

Down

$6,575,912

Down $60,632 (-0.9%) from 2015

Expenses

Up

$6,646,238

Up $166,097 (+2.6%) from 2015

Net Income

Down

-$70,326

Down $226,729 (-145%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,813,217Liabilities 2011: $460,811Net Assets 2011: $3,352,4062011Assets 2012: $3,525,537Liabilities 2012: $757,367Net Assets 2012: $2,768,1702012Assets 2013: $3,395,133Liabilities 2013: $782,739Net Assets 2013: $2,612,3942013Assets 2014: $3,556,587Liabilities 2014: $807,837Net Assets 2014: $2,748,7502014Assets 2015: $3,854,342Liabilities 2015: $1,032,942Net Assets 2015: $2,821,4002015Assets 2016: $3,571,550Liabilities 2016: $839,529Net Assets 2016: $2,732,0212016

Highlighted filing

2016

Assets$3,571,550
Liabilities$839,529
Net Assets$2,732,021

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,687,3482011Expenses 2012: $3,966,4052012Revenue 2013: $3,659,314Expenses 2013: $4,032,804Net Income 2013: -$373,4902013Revenue 2014: $6,006,307Expenses 2014: $5,982,545Net Income 2014: $23,7622014Revenue 2015: $6,636,544Expenses 2015: $6,480,141Net Income 2015: $156,4032015Revenue 2016: $6,575,912Expenses 2016: $6,646,238Net Income 2016: -$70,3262016

Highlighted filing

2016

Revenue$6,575,912
Expenses$6,646,238
Net Income-$70,326
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Dec 1, 2016
Return Version
2015v2.1
Gross Receipts
$9,275,392
Mission and Program Overview

Mission

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,046,765$2,578,882▲ $1,532,117
Investments in Publicly Traded Securities$1,658,408$0▼ $1,658,408
Land, Buildings, and Equipment, Net$327,655$297,075▼ $30,580
Accounts Receivable$372,972$246,312▼ $126,660
Prepaid Expenses and Deferred Charges$93,125$108,596▲ $15,471
Pledges and Grants Receivable$8,333$0▼ $8,333
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$3,854,342$3,571,550▼ $282,792
Other Assets Total$347,084$340,685▼ $6,399
Liabilities
Other Liabilities$387,690$420,974▲ $33,284
Accounts Payable and Accrued Expenses$566,434$401,055▼ $165,379
Deferred Revenue$78,818$17,500▼ $61,318
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,032,942$839,529▼ $193,413
Net Assets / Fund Balance
Unrestricted Net Assets$2,265,257$2,156,312▼ $108,945
Temporarily Rstr Net Assets$437,423$456,989▲ $19,566
Permanently Rstr Net Assets$118,720$118,720→ $0
Total Net Assets Fund Balance$2,821,400$2,732,021▼ $89,379
Total Liabilities and Net Assets / Fund Balance$3,854,342$3,571,550▼ $282,792

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$122,401$313,665$436,066
Leasehold Improvements$174,674$91,629$266,303
Other Land Buildings$0$0$0
Other Assets Org$166,172--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$154,193-▼ $28,552-$125,641
2015$142,757-▲ $11,436-$154,193
2014$139,676-▲ $3,081-$142,757
2013$135,806-▲ $3,870-$139,676
2012$124,221-▲ $11,585-$135,806
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan SpaldingChief Executive OfficerFT$179,000$7,012$186,012
Linda LorentzenChief Strategy OfficerFT$119,119$6,206$125,325

Board Members and Trustees

NameTitle
Mark ChronisterBoard Chair & Govern Comm
Tabitha MontgomeryVice Chair & Govern Comm
Andrew DavisBoard Member
Bradley W BartleBoard Member
Carol ShapiroBoard Member
David M LymanBoard Member
Denise Anderson Phd MbaBoard Member
Gretchen CepekBoard Member
Heather StrandellBoard Member
John SternBoard Member
Michel R TietzBoard Member
Rocky CoferBoard Member
Stephanie SchmidBoard Member
Steve MachovBoard Member
Susan Astrup LundquistBoard Member
Suzanne R HoppeBoard Member
Terry C SandvoldBoard Member
Breanna C OlsonBoard Member & Govern Comm
Liz CanisBoard Member & Govern Comm
Pat FiskeBoard Member & Govern Comm
Timothy F SmithBoard Member & Govern Comm
John KnappBoard Secretary & Govern Comm
Patrick BoldischarBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,769,457
Program Service Revenue
$798,199
Investment Income
$1,537
Other Revenue
$6,719
All Other Contributions
$2,795,363
Change in Net Assets
$-70,326

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
Other Non Cash Contri Table54$41,184Donor Value
Other Non Cash Contri Table108$27,153Donor Value
Other Non Cash Contri Table39$5,976Donor Value
Other Non Cash Contri Table19$3,044Donor Value
Other Non Cash Contri Table14$2,748Donor Value
Works of Art8$2,280Donor Value
Books and Publications-$583Donor Value
Total Noncash Contributions242$82,968-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,575,914
Revenue Not Reported on Financial Statements
$-2
Revenue Not Reported on Form 990
$529,395
Other Revenue Adjustments
$-2
Total Revenue per Audited Statements
$7,105,309
Total Revenue per Form 990
$6,575,912
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,361,856
Other Expenses$1,869,761
Grants and Similar Amounts Paid$1,414,621
Total Fundraising Expense$1,386,837
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,286,317$598,609$834,100$2,719,026
Grants to Domestic Orgs$1,414,621--$1,414,621
Office Expenses$270,684$129,237$176,002$575,923
Occupancy$192,331$91,828$125,056$409,215
Conferences and Meetings$137,920$6,892$209,834$354,646
Payroll Taxes$127,422$59,298$82,626$269,346
Fees for Services Other$139,634$83,683$41,138$264,455
Current Officers, Directors, Trustees, and Key Employees$96,196$44,767$62,377$203,340
Travel$93,993$38,293$56,573$188,859
Other Employee Benefits$66,490$30,942$43,115$140,547
Depreciation Depletion$27,900$12,526$15,373$55,799
Pension Plan Contributions$14,002$6,516$9,079$29,597
Fees for Services Accounting-$29,100-$29,100
Fees for Services Lobbying$8,667--$8,667
Other Expenses$116,435$79,508$-548,448$-548,448
Total Functional Expenses$3,992,612$1,266,789$1,386,837$6,646,238

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,194,688
Expenses per Audited Statements$6,646,240
Total Expenses per Form 990$6,646,238
Expenses Not Reported on Form 990$548,448
Expenses Not Reported on Financial Statements$-2
Other Expense Adjustments$-2
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
THE ALZHEIMER'S ASSOCIATION NATIONAL ORGANIZATIONChicago, IL501(c)(3)Research Money to National Org$1,414,621
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$582,772
Fundraising Gross Income$572,007
Gaming Gross Income$66,530
Gaming Direct Expenses$49,046
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$692,178$379,634$185,665$193,969
Walks$2,204,501$214,947$377,355$-162,408
Total Events$3,510,874$572,007$582,772$-10,765
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$357,688
Other Liabilities$63,286
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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 internally reviewed by the accountant. It is then reviewed by the finance committee before it is presented to the board of directors for approval.

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

Annually directors, staff, and volunteers complete a disclosure checklist.

Form 990, Part VI, Section B, Line 15A

At the end of the prior year, we had the chief executive officer prepare the goals for the coming year. These were reviewed by the compensation committee. At the end of the year we had the ceo complete a self assessment of results relative to the goals. A subgroup (review committee) of the compensation committee prepared the performance criteria to be used in the review. The performance evaluation forms were provided to all chapter board members and direct reports, were completed and returned directly to the compensation committee. The compensation committee compiled the quantitative results and summarized the qualitative comments. The board performance review results and ceo's goals and self assessment were reviewed by the compensation committee. Recommendations for key communication points and input into future goals were agreed upon. The compensation committee discussed compensation scenarios and came to a recommendation. The compensation committee discussed the performance review results and the compensation committee input with ceo. Ceo was provided the opportunity to comment on the results and was asked to draft the next year's goals/objectives. The summarized results and a proposed compensation action were then discussed with the full board. The compensation action was approved. Compensation action was communicated to ceo. Ceo prepared goals for the coming year.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
ALZHEIMER'S DISEASE AND RELATED DISORDERS
EIN
41-1361624
In Care Of
% DON SCHLUETER
Phone
9528300512
Address
7900 WEST 78TH STREET 100 Suite, MINNEAPOLIS, MN 55439

Signing Officer

Name
Susan J Spalding
Title
Executive Director
Phone
6123325500
Signed
2016-12-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan J Spalding
Formed
1979
Legal Domicile
Mn
Voting Board Members
22
Independent Board Members
22
Employees
0
Volunteers
1,134

Preparer

Firm
SCHECHTER DOKKEN KANTER CPA'S
Address
100 WASHINGTON AVE SO 1600, MINNEAPOLIS, MN 55401-2192
Preparer
Charles Selcer CPA
Phone
6123325500
Supplemental Narrative

Additional Explanations

Form 990, Part I & Part III, Line 1

Our mission is to eliminate alzheimer's disease through the advancement of research; to provide and enhance care and support for all affected; and to reduce the risk of dementia through the promotion of brain health. Our vision is a world without alzheimer's.

Programs and Services

Our chapter provides individuals with dementia, their care partners, community members and health care professionals with education and support programs and services. In fiscal year 2016, we had 251,150 service contacts, which include Helpline calls, visits to the Care and Support webpages on our website, MedicAlert+Safe Return and online education programs. Early-Stage Engagement Programs - In FY2016, attendance at programs serving people in the early stage of the disease, such as Memory Club, Meetup and Mentor and the Living Well program, was 780. Information Referral - More than 9,400 calls were made to the 24/7 Helpline for information, support and resources. The Association website, which contains information about Alzheimer's and other dementias, received more than 74,000 web visits during the year ended June 30, 2016. Support groups 4,160 individuals attended support groups led by trained volunteer facilitators which provided assistance and encouragement to individuals and their care partners affected by dementia during the year ended June 30, 2016. Advocacy - Advancing Public Policy - Through representation at the Capitols in North Dakota, Minnesota and Washington DC, we worked to develop policies to influence how government approaches research investment, caregiver supports, and public awareness. Through grassroots advocacy efforts, we sent nearly 30 volunteer advocates to Washington DC to share their stories and advocate for increased research funding through the National Institutes for Health (NIH), as well as two bills - the Health Outcomes, Planning and Education for Alzheimers Act (HOPE Act) and the Palliative Care and Hospice Education and Training Act (PCHETA). Rally days, held in March in St. Paul and June in Bismarck, allowed more than 150 participants to meet with their state legislators to advance our state priorities. Research - Nationally, the Alzheimer's Association is committed to accelerating the global effort to eliminate Alzheimer's disease through a variety of initiatives, such as the Alzheimer's Association International Conference (AAIC), the Alzheimer's Association Research Roundtable, Alzheimer's & Dementia: The Journal of the Alzheimer's Association, TrialMatch and the International Research Grants Program. Volunteers - The Alzheimer's Association's programs, services and events would not be possible without the commitment and generous support of its volunteers. During the year ended June 30, 2016, more than 1,100 people provided more than 15,200 hours of service towards the Association's mission.

Financial Statement Notes

Schedule D, Part X

Management evaluated the association's tax positions and concluded that the association had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance related to uncertain tax positions.

Part XI, Line 2D and Part XII, Line 2D

For financial statement purposes, special event expense of $548,448 is included in functional expenses. For tax return purposes, the $548,448 of special event expenses are included in part viii, line 8b of the form 990.

Part XI, Line 2B and Part XII, Line 4B

ROUNDING - ($2)

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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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