Association Of Diabetes Care & Education Specialists Foundation
- Assets
- $889.7k
- Revenue
- $89.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/1989
- Data as of
- 12/2021
- EIN
- 36-3488423
Organization Overview
Association Of Diabetes Care & Education Specialists Foundation is located in Chicago, IL. The organization was established in 1989. According to its NTEE Classification (G19) the organization is classified as: Support N.E.C., under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Diabetes Care & Education Specialists Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Association Of Diabetes Care & Education Specialists Foundation generated $89.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $96.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AS THE PHILANTHROPIC ARM OF THE ASSOCIATION OF DIABETES CARE & EDUCATION SPECIALISTS, ASSOCIATION OF DIABETES CARE & EDUCATION SPECIALISTS FOUNDATION PROVIDES VITAL SUPPORT FOR THE ASSOCIATION BY ALLOCATION OF FUNDS FOR RESEARCH AND CREATING PROFESSIONAL DEVELOPMENT AND RECOGNITION OPPORTUNITIES FOR DIABETES CARE AND EDUCATION SPECIALISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH: GRANTS AWARDED TO QUALIFYING RECIPIENTS TO GATHER EVIDENCE AND TRANSLATE THE BEST SCIENTIFIC FINDINGS TO SUPPORT BEHAVIOR CHANGE TO ACHIEVE OPTIMAL PATIENT HEALTH OUTCOMES.
SCHOLARSHIP AWARDS: AWARDS SCHOLARSHIPS TO QUALIFIED DIABETES CARE AND EDUCATION PROFESSIONALS TO ASSIST THEM IN COMPLETING YEARLY CONTINUING EDUCATION REQUIREMENTS OR PREPARE THEM FOR A CAREER IN DIABETES CARE AND EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Macfarlane Jan 21 - Sept 21 CEO | OfficerTrustee | 2 | $0 |
Kellie Antinori-Lent Immediate Past President | OfficerTrustee | 1 | $0 |
Jan Kavookjian President Elect | OfficerTrustee | 1 | $0 |
Matthew Hornberger Oct '21 - Dec '2 CEO | OfficerTrustee | 1 | $0 |
Nicole Bereolos Treasurer | OfficerTrustee | 1 | $0 |
Kellie Rodriguez President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $88,959 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,959 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $88,959 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $58,437 |
| Grants and other assistance to domestic individuals. | $23,975 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,790 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,670 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,995 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $96,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $883,348 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,310 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $889,658 |
| Accounts payable and accrued expenses | $1,364 |
| Grants payable | $0 |
| Deferred revenue | $100,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $24,485 |
| Total liabilities | $125,849 |
| Net assets without donor restrictions | $530,354 |
| Net assets with donor restrictions | $233,455 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $889,658 |
Grants Awarded
Over the last fiscal year, Association Of Diabetes Care & Education Specialists Foundation has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Salt Lake City, UT PURPOSE: RESEARCH - FELLOWSHIP | $35,000 |
Chicago, IL PURPOSE: RESEARCH - FELLOWSHIP | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Association Of Diabetes Care & Education Specialists Foundation has recieved totaling $1,130.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,130 |
Endowment Analysis
| Beg. Balance | $47,554 |
| Ending Balance | $47,554 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Accreditation Council For Pharmacy Education Chicago, IL | $12,749,108 | $6,165,358 |
Blessman International Inc Urbandale, IA | $1,710,077 | $2,674,746 |
Proactive Community Services Hazel Crest, IL | $588,275 | $729,149 |
Recovery On Water Inc Chicago, IL | $583,304 | $429,951 |
Community Cancer Network Inc Lafayette, IN | $68,005 | $139,656 |
Strands Of Strength Inc West Des Moines, IA | $1,734,803 | $478,575 |
Badger Childhood Cancer Network Inc Madison, WI | $359,917 | $275,971 |
Charlies Kids Foundation Inc Louisville, KY | $1,289,149 | $234,341 |
Pink Ribbon Connection Inc Indianapolis, IN | $158,466 | $181,746 |
Albums Of Hope Crystal Lake, IL | $0 | $0 |
Tnk Childrens Foundation Liberty, MO | $54,268 | $0 |
Songshine Foundation Bloomington, IL | $139,890 | $0 |