Civic Intelligence

Alzheimer'S Fund - Support Research Cure Inc

990 • Fiscal year 2020 • EIN 82-1402154

May 01, 2019 to Apr 30, 2020 • Filed on Oct 18, 2021

PO Box 2052Salem, MA 01970

(978) 224-5181

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.06x

Higher debt load relative to assets than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

65th percentile

0.02x

Higher debt load relative to revenue than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

69th percentile

19%

Higher net margin than 69% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

92nd percentile

173%

Faster asset growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

98th percentile

489%

Faster revenue growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$36,697

Up $23,256 (+173%) from 2019

Net Assets

Up

$34,422

Up $23,189 (+206%) from 2019

Liabilities

Up

$2,275

Up $67 (+3.0%) from 2019

Revenue

Up

$121,104

Up $100,549 (+489%) from 2019

Expenses

Up

$97,915

Up $88,593 (+950%) from 2019

Net Income

Up

$23,189

Up $11,956 (+106%) from 2019

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2019: $13,441Liabilities 2019: $2,208Net Assets 2019: $11,2332019Assets 2020: $36,697Liabilities 2020: $2,275Net Assets 2020: $34,4222020Assets 2021: $51,595Liabilities 2021: $1,351Net Assets 2021: $50,2442021Assets 2022: $71,522Liabilities 2022: $4,819Net Assets 2022: $66,7032022Assets 2023: $75,024Liabilities 2023: $382Net Assets 2023: $74,6422023Assets 2024: $84,687Liabilities 2024: $349Net Assets 2024: $84,3382024Assets 2025: $91,149Liabilities 2025: $1,470Net Assets 2025: $89,6792025

Highlighted filing

2020

Assets$36,697
Liabilities$2,275
Net Assets$34,422

Operations Trend

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

$150K$100K$50K$0Revenue 2019: $20,555Expenses 2019: $9,322Net Income 2019: $11,2332019Revenue 2020: $121,104Expenses 2020: $97,915Net Income 2020: $23,1892020Revenue 2021: $103,228Expenses 2021: $87,406Net Income 2021: $15,8222021Revenue 2022: $111,840Expenses 2022: $95,381Net Income 2022: $16,4592022Revenue 2023: $95,358Expenses 2023: $87,419Net Income 2023: $7,9392023Revenue 2024: $79,868Expenses 2024: $70,172Net Income 2024: $9,6962024Revenue 2025: $101,534Expenses 2025: $96,193Net Income 2025: $5,3412025

Highlighted filing

2020

Revenue$121,104
Expenses$97,915
Net Income$23,189
Jump To
Filing Snapshot
Filing Period
May 1, 2019 to Apr 30, 2020
Signed
Oct 18, 2021
Return Version
2019v5.2
Gross Receipts
$121,104
Mission and Program Overview

Mission

To support the work of nonprofit organization whose charitable programs assist individuals with Alzheimer's

To support the work of non-profit organizations whose charitable programs assist individuals with alzheimer's.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,249$32,930▲ $27,681
Pledges and Grants Receivable$7,510$3,127▼ $4,383
Prepaid Expenses and Deferred Charges$682$640▼ $42
Total Assets$13,441$36,697▲ $23,256
Liabilities
Grants Payable$2,208$2,275▲ $67
Total Liabilities$2,208$2,275▲ $67
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,233$34,422▲ $23,189
Total Net Assets Fund Balance$11,233$34,422▲ $23,189
Total Liabilities and Net Assets / Fund Balance$13,441$36,697▲ $23,256
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tatiana ShermanPresident
Benjamin GouletDirector
Daniel LeightonSecretary / Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$115,545
Program Service Revenue
$5,559
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$23,189

Audited Revenue Reconciliation

Revenue per Audited Statements
$121,104
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$121,104
Total Revenue per Form 990
$121,104
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$70,947
Grants and Similar Amounts Paid$26,968
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$26,968--$26,968
Other Expenses$6,252$6,000-$6,252
Fees for Services Accounting-$3,825-$3,825
Insurance-$740-$740
Office Expenses-$130-$130
Total Functional Expenses$87,220$10,695$0$97,915

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$97,915
Total Expenses per Audited Statements$97,915
Total Expenses per Form 990$97,915
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
No
Other officer compensation reviewed
No
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

All members of the board of directors received the form 990 before it was filed to allow their review of the document.

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

The organization complies with a conflict of interest policy. This policy states that: "anyone making decisions on behalf of the organization should always act based in the best interests of the organization, and no individual associated with the organization should use his or her position for personal benefit, for the benefit of friends or relatives, or to further any outside interests or personal agenda. This standard applies to all transactions and decisions, whether or not covered by the detailed policies and procedures below." the policy defines potential and actual conflicts of interest, requires disclosure by relevant parties of potential and actual conflicts, and establishes procedures by which board members and staff can determine whether an actual conflict of interest exists. In the event of a conflict, the policy further provides a process for deciding whether a proposed transaction is in the best interest of the organization despite that conflict of interest. The policy states that it shall be distributed annually to all directors, officers, members of board committees, and staff along with a disclosure questionnaire designed to uncover potential conflicts of interest by asking recipients to list family and business relationships with other officers, directors and key employees. All covered individuals are asked to respond acknowledging receipt of the policy, their intention to abide by it, and disclosing all issues listed in the questionnaire.

Form 990, Part VI, Section C, Line 18

The organization will make its form 990 available to the public for inspection upon request.

Form 990, Part VI, Section C, Line 19

Upon request the organization will provide its governing documents, conflict of interest policy and financial statements to the public.

Filing and Contact Details

Filer

Filer Name
ALZHEIMER'S FUND SUPPORT RESEARCH
EIN
82-1402154
Phone
9782245181
Address
PO BOX 2052, SALEM, MA 01970

Signing Officer

Name
Daniel Leighton
Title
Treasurer
Phone
9782245181
Signed
2021-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tatiana Sherman
Formed
2017
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Goldman Clearfield & Ocampo Llp
Address
6230 OLD DOBBIN LANE SUITE 180, COLUMBIA, MD 21045
Preparer
Adam M Clearfield CPA
Phone
4107728090
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

The organization's process has not changed from the prior year.

Raw XML Appendix310 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/ActivityOrMissionDesc0TO SUPPORT THE WORK OF NON-PROFIT ORGANIZATIONS WHOSE CHARITABLE PROGRAMS ASSIST INDIVIDUALS WITH ALZHEIMER'S.
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IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2052
IRS990/BooksInCareOfDetail/USAddress/CityNm0SALEM
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IRS990/Desc0DURING 2019-2020, WE WORKED WITH ORGANIZATIONS TO HELP THEM PARTICIPATE IN AND RECEIVE FUNDING FROM THE COMBINED FEDERAL CAMPAIGN. THIS INVOLVED HELPING MEMBER CHARITIES PREPARE SUCCESSFUL APPLICATIONS, PROVIDING THEM ADVICE ON MARKETING, AND TRACKING AND DISTRIBUTING DONATIONS FROM THE CAMPAIGN. DURING THE FISCAL YEAR, WE MADE DISTRIBUTIONS OF ALMOST $27,000.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY / TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt026968
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IRS990/GrantsToIndividualsInd00
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IRS990/GrossReceiptsAmt0121104
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IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
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IRS990/MissionDesc0WE WORK WITH OTHER NOT-FOR-PROFIT ORGANIZATIONS TO HELP THEM INCREASE THEIR PARTICIPATION AND SUCCESS IN PUBLIC-SECTOR WORKPLACE CHARITABLE FUND DRIVES. THE FEDERATION SCREENS APPLICATIONS FOR SUCH DRIVES, ASSISTS WITH THE TRANSFER OF FUNDS FROM DONORS TO THE BENEFITING GROUPS, EDUCATES THE STAFF AND VOLUNTEERS OF THESE GROUPS SO THAT THEY BETTER UNDERSTAND WORKPLACE GIVING PROGRAMS, AND ASSISTS IN THE MARKETING OF SUCH GROUPS TO POTENTIAL DONORS.
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE GRANTS PAID TO THE RECIPIENTS ARE BASED ON INFORMATION RECEIVED FROM THE FEDERATED CAMPAIGNS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MEMBERS OF THE BOARD OF DIRECTORS RECEIVED THE FORM 990 BEFORE IT WAS FILED TO ALLOW THEIR REVIEW OF THE DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION COMPLIES WITH A CONFLICT OF INTEREST POLICY. THIS POLICY STATES THAT: "ANYONE MAKING DECISIONS ON BEHALF OF THE ORGANIZATION SHOULD ALWAYS ACT BASED IN THE BEST INTERESTS OF THE ORGANIZATION, AND NO INDIVIDUAL ASSOCIATED WITH THE ORGANIZATION SHOULD USE HIS OR HER POSITION FOR PERSONAL BENEFIT, FOR THE BENEFIT OF FRIENDS OR RELATIVES, OR TO FURTHER ANY OUTSIDE INTERESTS OR PERSONAL AGENDA. THIS STANDARD APPLIES TO ALL TRANSACTIONS AND DECISIONS, WHETHER OR NOT COVERED BY THE DETAILED POLICIES AND PROCEDURES BELOW." THE POLICY DEFINES POTENTIAL AND ACTUAL CONFLICTS OF INTEREST, REQUIRES DISCLOSURE BY RELEVANT PARTIES OF POTENTIAL AND ACTUAL CONFLICTS, AND ESTABLISHES PROCEDURES BY WHICH BOARD MEMBERS AND STAFF CAN DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS. IN THE EVENT OF A CONFLICT, THE POLICY FURTHER PROVIDES A PROCESS FOR DECIDING WHETHER A PROPOSED TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION DESPITE THAT CONFLICT OF INTEREST. THE POLICY STATES THAT IT SHALL BE DISTRIBUTED ANNUALLY TO ALL DIRECTORS, OFFICERS, MEMBERS OF BOARD COMMITTEES, AND STAFF ALONG WITH A DISCLOSURE QUESTIONNAIRE DESIGNED TO UNCOVER POTENTIAL CONFLICTS OF INTEREST BY ASKING RECIPIENTS TO LIST FAMILY AND BUSINESS RELATIONSHIPS WITH OTHER OFFICERS, DIRECTORS AND KEY EMPLOYEES. ALL COVERED INDIVIDUALS ARE ASKED TO RESPOND ACKNOWLEDGING RECEIPT OF THE POLICY, THEIR INTENTION TO ABIDE BY IT, AND DISCLOSING ALL ISSUES LISTED IN THE QUESTIONNAIRE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION WILL MAKE ITS FORM 990 AVAILABLE TO THE PUBLIC FOR INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST THE ORGANIZATION WILL PROVIDE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART XII LINE 2C
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013441
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt036697
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2052
IRS990/USAddress/CityNm0SALEM
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001970
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.ALZHEIMERSCHARITIES.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL LEIGHTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09782245181
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALZHEIMER'S FUND SUPPORT RESEARCH
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CURE INC
ReturnHeader/Filer/BusinessNameControlTxt0ALZH
ReturnHeader/Filer/EIN0821402154
ReturnHeader/Filer/PhoneNum09782245181
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2052
ReturnHeader/Filer/USAddress/CityNm0SALEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001970
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0530229586
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOLDMAN CLEARFIELD & OCAMPO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06230 OLD DOBBIN LANE SUITE 180
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021045
ReturnHeader/PreparerPersonGrp/PhoneNum04107728090
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM M CLEARFIELD CPA
ReturnHeader/ReturnTs02021-10-18T15:29:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-05-01
ReturnHeader/TaxPeriodEndDt02020-04-30
ReturnHeader/TaxYr02019

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